NOT LISTED FOR SALE

261 W Main St Marlborough, MA 01752

French Hill Neighborhood

Estimated Value: $612,551 - $755,000

6 Beds
2 Baths
2,868 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $381,000 $133 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,183/month

2 Days on Market

About This Home

As of August 2020

Welcome to 261 West Main Street, Marlborough, MA! Great starter home or investment property near Rt 495/20! This 2-family needs some work but with some sweat equity, this could be a great property to call your own. Each unit has an oversize eat-in kitchen, 2-3 bedrooms, hardwood flooring, and front and rear porches. There is a finished walk-up attic that would be perfect for a large family room or bedroom. Vinyl siding. Economical gas heating and cooking. Near the Rail Trail, excellent restaurants, shopping, and schools. The deadline for offers is Monday, July 6, 2020. The owner can accept an offer at any time.

Last Agent to Sell the Property

S. Elaine McDonald

RE/MAX Executive Realty Listed on: 07/04/2020

RE/MAX Executive Realty

Co-Listed By

Douglas Palino

RE/MAX Executive Realty

Last Buyer's Agent

Stefanie Ferrecchia

Dora Naves & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1880

Lot Details

  • 8,276

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:080 B:084 L:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,270

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 122.00
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Ceiling Fans, Walk-Up Attic, Cable TV Available, Hardwood Floors, Bathroom with Shower Stall, Bathroom With Tub & Shower
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: BB1175
  • Main So: BB3955
  • Estimated Sq Ft: 2868.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone
  • Foundation Size: Irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • App Common: Range, Refrigerator, Washer Hookup, Dryer Hookup
  • Hea Common: Hot Water Baseboard, Oil

Lot Info

  • Assessments: 305000.00
  • Lot: 84
  • Acre: 0.19
  • Lot Size: 8276.00
  • Page: 358
  • Parcel Number: M:080 B:084 L:000
  • Zoning: Res
  • Lot Description: Gentle Slope

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4325.00
  • Assessor Parcel Number: 616481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 14, 2020
Sold by
Knollenberg Lee H Sr Est
Bought by
Zhang Yan and Gao Lei
Seller's Agent
S. Elaine McDonald
RE/MAX Executive Realty
Buyer's Agent
Stefanie Ferrecchia
Dora Naves & Associates
List Price
$349,900
Sold Price
$381,000
Premium/Discount to List
$31,100
8.89%
Current Estimated Value
$676,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,638
Avg. Annual Appreciation
11.84%
Original Mortgage
$285,750
Outstanding Balance
$256,314
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$406,015

Purchase Details

Closed on
Nov 27, 2007
Sold by
Knollenberg Rt and Knollenberg Lee H
Bought by
Knollenberg Lee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2005
Sold by
Knollenberg Lee H
Bought by
Knollenberg Rt and Knollenberg Lee H

Purchase Details

Closed on
Oct 14, 1999
Sold by
Db Lj and Db Bernard T
Bought by
Knollenberg Lee H and Knollenberg Carole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhang Yan $381,000 None Available
Knollenberg Lee H -- --
Knollenberg Rt -- --
Knollenberg Lee H $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yan $285,750
Previous Owner Knollenberg Lee H $190,000
Previous Owner Knollenberg Lee H $40,000
Previous Owner Knollenberg Lee H $138,146
Previous Owner Knollenberg Lee H $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $381,000 +8.9% $133 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $349,900 -- $122 / 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 $5,270 $534,500 $198,200 $336,300
2024 $5,038 $492,000 $180,200 $311,800
2023 $5,169 $447,900 $140,400 $307,500
2022 $5,028 $383,200 $133,700 $249,500
2021 $4,518 $327,400 $108,900 $218,500
2020 $4,325 $305,000 $106,100 $198,900
2019 $4,118 $292,700 $104,000 $188,700
2018 $3,663 $250,400 $83,500 $166,900
2017 $3,337 $217,800 $83,300 $134,500
2016 $3,300 $215,100 $83,300 $131,800
2015 $3,239 $205,500 $86,000 $119,500
Source: Public Records

Agents Affiliated with this Home

  • S. Elaine McDonald

    Seller's Agent in 2020

    S. Elaine McDonald

    RE/MAX

    (978) 875-0097

    8 in this area

    190 Total Sales

    S. Elaine McDonald
    Section Image
  • Douglas Palino

    Seller Co-Listing Agent in 2020

    Douglas Palino

    RE/MAX

    (978) 838-9444

    6 in this area

    123 Total Sales

    Douglas Palino
    Section Image
  • Stefanie Ferrecchia

    Buyer's Agent in 2020

    Stefanie Ferrecchia

    Dora Naves & Associates

    (508) 864-6321

    13 in this area

    141 Total Sales

    Stefanie Ferrecchia
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72684912

MLS Property Information Network (MLS PIN)

APN: MARL-000080-000084

Massachusetts Middlesex County Marlborough 01752 French Hill

261 W Main St, Marlborough, MA

This home is located at 261 W Main St, Marlborough, MA 01752 since 04 July 2020 and is currently estimated at $676,638, approximately $235 per square foot. This property was built in 1880. 261 W Main St is a home located in Middlesex County with nearby schools including Marlborough High School, Advanced Math & Science Academy, and New Covenant Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes