NOT LISTED FOR SALE

279 Broad St Bridgewater, MA 02324

Estimated Value: $564,194 - $590,000

5 Beds
3 Baths
1,960 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $474,900 $242 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,552/month

6 Days on Market

About This Home

As of December 2021

Check out this very well maintained two-family home with BONUS detached garage and storage shed. The first floor unit offers 5 rooms, 2 nice size bedrooms. The second floor unit offers 5 rooms, 3 bedrooms. The property is located less than a mile from Bridgewater State University and is in walking distance to commuter rail and Bridgewater center. The property has GREAT rental history, Both units are occupied with leases expiring July 1st (second floor tenants are very much open to terminating the lease upon sale, first floor is open to early termination as well). There is plenty of off-street parking in long driveway.The utilities are all in good condition, incl recently installed hot water heater and boiler. There are more finished rooms in the lower level of the home incl extra full bathroom. If you are looking for multi family home or looking to have tenants pay your mortgage, THIS IS THE ONE !!

Last Agent to Sell the Property

Michael Shaffer

McCarthy & Gratta RE Listed on: 10/26/2021

Last Buyer's Agent

Carl Djusberg

Djust Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,898

Year Built

  • 1930

Lot Details

  • 6,534

Parking

  • 1

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,898

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Broad St is Rte 18
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Has Basement: Full, Partially Finished, Interior Entry
  • MAIN LO: AC0081
  • MAIN SO: A01901
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Disclosures: Listing Agent Is Owner
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Individual), Unit 2(Hot Water Baseboard,Gas,Individual)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water)

Fee Information

  • Annual Water Sewer Expense: 1265

Lot Info

  • LOT SIZE: 6534
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6534
  • Zoning: RES

Multi Family

  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • Electric Expense: 2580
  • Annual Gross Income: 43800
  • Insurance Expense: 1400
  • Property Net Operating Income: 43800
  • Number Of Units Total: 2
  • Annual Operating Expense: 8125
  • Total Actual Rent: 3650

Tax Info

  • Tax Annual Amount: 4951
  • Tax Book Number: 5096
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Frattalone Joseph and Strickland Autumn
Bought by
Frattalone Joseph
Current Estimated Value
$581,299

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 30, 2021
Sold by
Shaffer Michael A
Bought by
Frattalone Joseph and Strickland Autumn
Seller's Agent
Michael Shaffer
McCarthy & Gratta RE
Buyer's Agent
Carl Djusberg
Djust Realty
List Price
$474,900
Sold Price
$474,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$466,297
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2015
Closed on
Aug 10, 2015
Sold by
Almada Antonio M and Almada Fernanda P
Bought by
Shaffer Michael A
Seller's Agent
Team Reis
Reis Real Estate & Company Inc.
Buyer's Agent
Brian McCarthy
McCarthy & Gratta RE
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$289,656
Interest Rate
4.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frattalone Joseph -- None Available
Frattalone Joseph -- None Available
Frattalone Joseph $474,900 None Available
Shaffer Michael A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frattalone Joseph $466,297
Previous Owner Shaffer Michael A $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $474,900 0.0% $242 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $474,900 +61.0% $242 / Sq Ft
08/10/2015 08/10/15 Sold $295,000 -7.5% $151 / Sq Ft View Prior Sale
07/11/2015 07/11/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $319,000 -- $163 / 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 $5,898 $498,600 $162,300 $336,300
2024 $5,628 $463,600 $146,000 $317,600
2023 $5,573 $434,000 $136,400 $297,600
2022 $5,465 $381,600 $119,700 $261,900
2021 $4,951 $341,900 $106,900 $235,000
2020 $4,848 $329,100 $102,700 $226,400
2019 $4,488 $302,600 $102,700 $199,900
2018 $4,394 $289,300 $111,500 $177,800
2017 $4,237 $271,400 $111,500 $159,900
2016 $3,282 $211,200 $109,400 $101,800
2015 $3,266 $201,100 $100,600 $100,500
2014 $3,239 $199,300 $97,600 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72912954

MLS Property Information Network (MLS PIN)

APN: BRID-000021-000000-000151