NOT LISTED FOR SALE

Estimated Value: $527,151 - $773,000

5 Beds
3 Baths
2,586 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 19, 2016

Last sale price $275,000 $106 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,173/month

24 Days on Market

About This Home

As of January 2016

Bring an OFFER NOW! Sold "as is". The seller is super motivated and looking to get the property under before the snow flies. Make your appointment right away. We are very actively showing this property. You could live for free here. America is a beautiful place. Where else could you find this opportunity. This property is perfect for a 1st time buyer looking to live for free. The monthly payment for this property with a mere 5% down payment is less than $2200 month. Each unit is currently rented out at over $1000/month which means that if you move in, and you keep two tenants, your monthly housing expense is about ZERO! Can you imagine what no monthly housing cost could do for your future? What are you paying your current landlord (you know-Mr. Wonderful)? Better yet, don't tell them because they might try to buy it out from underneath you. Ideally looking for a quick close with a cash investor who can closely. If you have cash...we have ears

Last Agent to Sell the Property

Mike Mahoney

Real Broker MA, LLC Listed on: 10/27/2015

Real Broker MA, LLC

Last Buyer's Agent

Lisa Paulette

Coldwell Banker Realty - Framingham

Coldwell Banker Realty - Framingham

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,883

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Sloping
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: Franklin E.S
  • Middle School: Franklin M.S
  • High School: Franklin H.S.

Lot Info

  • Assessor Parcel Number: M:296 L:197
  • Zoning: Three Fam

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 5
  • Total Floors: 5
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 14
  • Total Rent_1: 3300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2018
Sold by
Weddeke Alicia
Bought by
Weddeke Alicia and Weddeke Neal
Current Estimated Value
$675,538

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 19, 2016
Sold by
Hoffmaster Ret
Bought by
Weddeke Alicia
Seller's Agent
Mike Mahoney
Real Broker MA, LLC
Buyer's Agent
Lisa Paulette
Coldwell Banker Realty - Framingham
List Price
$329,000
Sold Price
$275,000
Premium/Discount to List
-$54,000
-16.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$206,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
Ndne Lower Falls Llc
Bought by
Wellesley Washington S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,999,999
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Truman Wellesley Rt
Bought by
Ndne Lower Falls Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,999,999
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2006
Sold by
Double Diamont T
Bought by
Hoffmaster Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.54%

Purchase Details

Closed on
Oct 3, 1994
Sold by
Grossmans Inc
Bought by
Truman Wellesley Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weddeke Alicia -- --
Weddeke Alicia $275,000 --
Wellesley Washington S -- --
Ndne Lower Falls Llc $13,371,600 --
Hoffmaster Ret $414,500 --
Truman Wellesley Rt $6,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weddeke Alicia $206,250
Previous Owner Wellesley Washington S $9,999,999
Previous Owner Ndne Lower Falls Llc $9,999,999
Previous Owner Hoffmaster Guy R $150,000
Previous Owner Truman Wellesley Rt $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2016 01/19/16 Sold $275,000 -8.0% $106 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/10/2015 11/10/15 Price Changed $299,000 -6.6% $116 / Sq Ft
11/03/2015 11/03/15 Price Changed $320,000 -2.7% $124 / Sq Ft
10/27/2015 10/27/15 For Sale $329,000 -- $127 / 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 $6,883 $592,300 $240,500 $351,800
2024 $5,880 $498,700 $240,500 $258,200
2023 $5,726 $455,200 $242,500 $212,700
2022 $5,651 $402,200 $200,400 $201,800
2021 $5,861 $400,100 $214,600 $185,500
2020 $5,331 $367,400 $216,500 $150,900
2019 $4,804 $327,700 $196,100 $131,600
2018 $4,665 $318,400 $201,700 $116,700
2017 $4,317 $296,100 $185,000 $111,100
2016 $4,643 $320,200 $181,900 $138,300
2015 $4,870 $328,200 $177,500 $150,700
2014 $4,332 $299,800 $149,100 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71924588

MLS Property Information Network (MLS PIN)

APN: FRAN-000296-000000-000197