NOT LISTED FOR SALE

Estimated Value: $746,000 - $844,000

6 Beds
3 Baths
3,106 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $540,000 $174 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,036/month

88 Days on Market

About This Home

As of August 2020

BACK ON MARKET! Rare opportunity to purchase a property that hasn’t been on market in over 45+ years. Owned by same family and pride of ownership is shown throughout the property! Large 3 family consists of all two - bedroom units with great layout. Perfect for an owner occupant, third floor just went through complete renovation -brand new cabinets, flooring, granite counter tops, doors, electrical and heating. Under rented investors take notice - increase rent roll and instantly add even more value to the property. Unit #3 is vacant. Unit #2 can be delivered vacant and #1 is tenant at will but willing to sign lease starting 5/1/2020 for $1,200 per month. Minutes away from I93 giving you access for an easy ride to Boston. Just a 3 minute drive to Market Basket along with the rest of Merrimac Plaza.

Last Agent to Sell the Property

Gene Bernshtein

Rise Signature Homes Listed on: 02/25/2020

Co-Listed By

Valvel Temin

Massachusetts Bay Realty Advisors, LLC

Last Buyer's Agent

Felix Gutierrez

Rey Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,074

Year Built

  • Built in 1920

Lot Details

  • 4,792

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00618 B:00159A L:00059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,074

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 175.47
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Certified Treated, Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Main Lo: AN2424
  • Main So: AN4453
  • Estimated Sq Ft: 3106.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Porch, Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 375200.00
  • Acre: 0.11
  • Lot Size: 4918.00
  • Page: 1258
  • Parcel Number: M:00618 B:00159A L:00059
  • Zoning: RG

Multi Family

  • Total Levels: 3
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5043.00
  • Assessor Parcel Number: 2042127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Aug 11, 2020
Sold by
Elaine M Lupa Ft
Bought by
Torres Morris A
Seller's Agent
Gene Bernshtein
Rise Signature Homes
Buyer's Agent
Felix Gutierrez
Rey Realty Group
List Price
$545,000
Sold Price
$540,000
Premium/Discount to List
-$5,000
-0.92%
Total Days on Market
88
Current Estimated Value
$795,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,086
Avg. Annual Appreciation
8.38%
Original Mortgage
$530,219
Outstanding Balance
$474,553
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$320,533

Purchase Details

Closed on
Oct 13, 2011
Sold by
Lupa Matthew P and Lupa Elaine M
Bought by
Elaine M Lupa Ft and Lupa

Purchase Details

Closed on
Apr 1, 1975
Bought by
Elaine M Lupa Ft
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Morris A $540,000 None Available
Elaine M Lupa Ft -- --
Elaine M Lupa Ft -- --
Elaine M Lupa Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Morris A $27,675
Open Torres Morris A $530,219
Closed Torres Morris A $530,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $540,000 -0.9% $174 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $545,000 0.0% $175 / Sq Ft
05/06/2020 05/06/20 For Sale $545,000 +0.9% $175 / Sq Ft
03/09/2020 03/09/20 Off Market $540,000 -- --
03/03/2020 03/03/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $525,000 -- $169 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,074 $668,600 $192,200 $476,400
2024 $6,995 $644,100 $175,300 $468,800
2023 $6,680 $570,900 $155,800 $415,100
2022 $5,934 $454,700 $123,300 $331,400
2021 $5,032 $381,500 $116,900 $264,600
2020 $5,043 $375,200 $116,900 $258,300
2019 $4,644 $327,300 $110,400 $216,900
2018 $4,073 $290,300 $103,900 $186,400
2017 $3,992 $272,500 $103,900 $168,600
2016 $3,668 $247,700 $90,900 $156,800
2015 $3,355 $229,800 $90,900 $138,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72624469

MLS Property Information Network (MLS PIN)

APN: METH-000618-000159-A000059