NOT LISTED FOR SALE

28 Congress St Milford, MA 01757

Estimated Value: $574,000 - $863,000

5 Beds
4 Baths
2,157 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $370,000 $172 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,652/month

345 Days on Market

About This Home

As of March 2018

Extremely unique opportunity! 2 buildings on 1 property! This iconic property in Milford is well known to many generations! The front building is a 3-Family home that has had almost all of the major items addressed and updated starting in 2007! Roof, electrical services, gas services, gas boilers, windows, exterior paint, and much more have been completed. The 3 family is fully leased and has fantastic income. The Rear building is a former commercial space, but recently the seller has received Town Approval to convert that building into a Single Family 3 BR Residence. The new buyer will be able to move forward with renovations on the property to create new residential space, which is perfect for an owner occupant looking for a multi-family opportunity. Design and renovate the rear building into your own three bedroom home and have the 3 family to support your mortgage OR rent out as a 4th rental unit on the property. This is a fantastic opportunity that you wont want to miss!!

Last Agent to Sell the Property

Joshua Lioce

Lioce Properties Group Listed on: 07/15/2016

Last Buyer's Agent

Cheryl Alpert

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,658

Year Built

1857

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 4865
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1857

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Tennis Court, Park, Medical Facility, Public School
  • Electric: Circuit Breakers
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Levels: 5
  • Main Lo: BB3534
  • Main So: BB5522
  • Estimated Sq Ft: 2157.00

Exterior Features

  • Frontage: 50.00
  • Construction: Other (See Remarks)
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking: Off-Street, Improved Driveway, Stone/Gravel
  • Parking Spaces: 5

Utilities

  • Heat Zones: 4
  • Hot Water: Natural Gas, Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 353
  • Sewer: 437

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: M:48 B:000 L:661
  • Zoning: RA
  • Lot: 661
  • Acre: 0.25
  • Lot Size: 10999.00

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/15
  • Foundation: Irreg
  • Heat Units: 4
  • Total Bedrooms: 5
  • Total Floors: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 2650
  • Multi Family Type: 4 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Mar 9, 2018
Sold by
Glennon June A
Bought by
Goncalves Brunno L and Goncalves Raquel D
Seller's Agent
Joshua Lioce
Lioce Properties Group
Buyer's Agent
Cheryl Alpert
Coldwell Banker Realty - Newton
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$722,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,629
Avg. Annual Appreciation
9.13%
Original Mortgage
$457,045
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2008
Sold by
28 Congress Street Rt
Bought by
Glennon June A

Purchase Details

Closed on
Dec 13, 2007
Sold by
Glennon June A
Bought by
28 Congress Street Rt

Purchase Details

Closed on
Mar 14, 2007
Sold by
Niro Dawnette and Tredeau Dawnette
Bought by
Glennon June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.4%
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
Goncalves Brunno L $370,000 --
Glennon June A -- --
28 Congress Street Rt -- --
Glennon June A $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goncalves Brunno $85,000
Open Goncalves Brunno L $452,780
Closed Goncalves Brunno L $457,045
Previous Owner Glennon June A $189,000
Previous Owner Glennon June A $20,000
Previous Owner Glennon June A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $370,000 -5.1% $172 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
05/11/2017 05/11/17 Price Changed $389,900 -2.5% $181 / Sq Ft
07/15/2016 07/15/16 For Sale $399,900 -- $185 / 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 $8,658 $676,400 $155,100 $521,300
2024 $8,391 $631,400 $147,900 $483,500
2023 $8,278 $572,900 $135,300 $437,600
2022 $7,963 $517,400 $122,600 $394,800
2021 $7,255 $454,000 $122,600 $331,400
2020 $7,110 $445,500 $122,600 $322,900
2019 $5,825 $352,200 $122,600 $229,600
2018 $6,167 $372,400 $122,600 $249,800
2017 $0 $363,100 $122,600 $240,500
2016 $8,494 $358,700 $122,600 $236,100
2015 $8,494 $377,400 $117,200 $260,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72038653

MLS Property Information Network (MLS PIN)

APN: MILF-000048-000000-000661