NOT LISTED FOR SALE

263 Riverbend St Athol, MA 01331

Estimated Value: $251,000 - $427,000

4 Beds
2 Baths
2,269 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $290,000 $128 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,236/month

9 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wooded Lot
  • Medical Services
  • Property is near public transit
  • Wood Flooring

About This Home

As of September 2021

Well Maintained and Cared for 2 Unit Home. Fully rented with excellent long term tenants at will. Each unit was fully renovated over the last 10 years. Unit 1 offers in unit laundry, 1-2 bedrooms, large kitchen, renovated bath with shower, huge deck overlooking private back yard and off street parking. Unit 2 is spread out over the top 2 floors. This unit also offers in unit laundry, 3 bedrooms, large country kitchen, dining room, living room, renovated bath with shower stall. and off street parking. Each unit has its own utilities, there is updated wiring, newer windows, town water and town sewer.

Last Listed By

Kara Strunjo

Listed on: 08/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot
  • Near Conservation Area
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,269 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • ACES Elementary School
  • ARMS Middle School
  • Athol Royalston High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $1,675
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:00032 B:00033 L:00000,1448700

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,105

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom with Shower Stall,Internet Available - Broadband), Unit 2(Ceiling Fans,Bathroom with Shower Stall,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Living Area: 2269
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AC1860
  • LIST PRICE PER Sq Ft: 127.81
  • PRICE PER Sq Ft: 127.81
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Frontage Length: 70
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Forced Air)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00032 B:00033 L:00000,1448700
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Gentle Sloping, Level
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147.6
  • Lot Size Units: Acres
  • LOT SIZE: 9000
  • PAGE: 249

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2105
  • Tax Book Number: 45371

Multi Family

  • Gross Income: 20100
  • Net Operating Income: 20100
  • Number Of Units Total: 2
  • Total Actual Rent: 1675
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Athol Royalston
  • Elementary School: Aces
  • Middle Or Junior School: Arms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 20, 2021
Sold by
Ares Riverbend St Rt
Bought by
Otero Julio
Seller's Agent
Kara Strunjo
Buyer's Agent
Susan Monette
Compass
List Price
$274,900
Sold Price
$290,000
Premium/Discount to List
$15,100
5.49%
Total Days on Market
9
Current Estimated Value
$351,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,753
Avg. Annual Appreciation
2.79%
Original Mortgage
$217,500
Outstanding Balance
$200,218
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,298

Purchase Details

Closed on
Oct 28, 2011
Sold by
Ares Chad M and Ares Sarah A
Bought by
Ares Riverbend Street and Ares Sarah A

Purchase Details

Closed on
Jan 20, 2010
Sold by
Cap Morgan Stanley Abs
Bought by
Ares Sarah A and Ares Chad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2008
Sold by
Avery Peter S
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Sep 26, 2006
Sold by
Rathburn David V and Rathburn Julia M
Bought by
Avery Peter S and Avery Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1993
Sold by
Barnes Timothy A
Bought by
Rathburn David and Macewen Julie

Purchase Details

Closed on
May 7, 1991
Sold by
Umass 5 College Fcu
Bought by
Barnes Timothy A

Purchase Details

Closed on
Sep 14, 1990
Sold by
Wood Gregory J
Bought by
Umass Five College Fcu

Range of Values:

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Average Value
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List Price
Sold Price
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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
Otero Julio $290,000 None Available
Ares Riverbend Street -- --
Ares Sarah A $76,500 --
Deutsche Bank Natl T C $63,750 --
Avery Peter S $197,000 --
Rathburn David $60,200 --
Barnes Timothy A $55,000 --
Umass Five College Fcu $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otero Julio $217,500
Previous Owner Ares Ret $108,000
Previous Owner Wood Gregory J $35,100
Previous Owner Ares Sarah A $61,200
Previous Owner Avery Peter S $177,300
Previous Owner Avery Peter S $19,700
Previous Owner Rathburn David $50,000
Previous Owner Wood Gregory J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $290,000 0.0% $128 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $290,000 +5.5% $128 / Sq Ft
08/02/2021 08/02/21 For Sale $274,900 -- $121 / 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 $3,437 $270,400 $48,600 $221,800
2024 $3,395 $264,600 $48,600 $216,000
2023 $3,122 $222,400 $35,300 $187,100
2022 $2,656 $165,500 $33,600 $131,900
2021 $2,105 $119,200 $30,500 $88,700
2020 $1,940 $112,900 $27,700 $85,200
2019 $1,771 $101,500 $26,200 $75,300
2018 $1,789 $91,400 $23,800 $67,600
2017 $1,865 $91,400 $23,800 $67,600
2016 $1,791 $90,300 $23,800 $66,500
2015 $1,718 $90,300 $23,800 $66,500
2014 $1,664 $90,300 $23,800 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72874723

MLS Property Information Network (MLS PIN)

APN: ATHO-000032-000033