NOT LISTED FOR SALE

283 Park St Gardner, MA 01440

Estimated Value: $329,203 - $370,000

3 Beds
2 Baths
1,460 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $265,000 $182 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,118/month

37 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Tile Flooring
  • Heating Available
  • Laundry Room
  • 2 Car Garage

About This Home

As of May 2022

Investors or Owner occupied take notice!!! This is a great two family with long term tenants. The first floor is spacious with 2 bdrms, living room, kitchen, bonus room, laundry area and a full bath. The second floor has 1 bdrm, kitchen, living room, and 3/4 bath. Both units pay for their own heat, hot water, and electric. This building has seen a good number of capital improvements over the years to include vinyl siding, upgraded windows to vinyl replacement, and newer roof. (roof is approx 9 years) There is a two car garage that also allows for extra storage space. The peaceful back yard is an added bonus!

Last Agent to Sell the Property

Michelle Peterson

Elm Grove Realty, LLC Listed on: 01/26/2022

Last Buyer's Agent

Sara Fish

J Blumen & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,818

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,460 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Elm St Elementary School
  • Gardner Middle School
  • Gardner High School

Utilities

  • 1 Heating Zone
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $1,550
  • Rent includes unit 1(water), unit 2(water)
  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 3536482

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $3,116
  • Operating Expense $5,516
  • Net Operating Income $13,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,818

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Carpet, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Basement: Full, Dirt Floor, Unfinished
  • Living Area: 1460
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN2024
  • MAIN SO: K95491

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Hot Water Baseboard,Oil)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 3116

Lot Info

  • Parcel Number: 3536482
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 4138

Green Features

  • Green Energy Efficient: Partial

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2817.62
  • Tax Block: 5
  • Tax Lot: 9

Multi Family

  • Insurance Expense: 2400
  • Net Operating Income: 13084
  • Number Of Units Total: 2
  • Operating Expense: 5516
  • Total Actual Rent: 1550
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Gardner High
  • Elementary School: Elm St School
  • Middle Or Junior School: Gardner Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
May 5, 2022
Sold by
Caruso Michael F
Bought by
White Jimmie
Seller's Agent
Michelle Peterson
Elm Grove Realty, LLC
Buyer's Agent
Sara Fish
J Blumen & Associates
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Current Estimated Value
$355,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,301
Avg. Annual Appreciation
8.20%
Original Mortgage
$260,200
Outstanding Balance
$246,928
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$108,373

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 5, 2018
Sold by
Fontaine Mike P and Fontaine Rebecca A
Bought by
Caruso 3Rd Michael F
Seller's Agent
Gina Mara
Foster-Healey Real Estate
Buyer's Agent
Jeremy Wnek
Prospective Realty INC
List Price
$149,900
Sold Price
$144,900
Premium/Discount to List
-$5,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$142,274
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2006
Sold by
Fontaine Diana L and Fontaine Mike P
Bought by
Fontaine Mike P and Fontaine Rebecca A

Purchase Details

Closed on
Jan 31, 1992
Sold by
Blais Ede
Bought by
Fontaine Diane L and Fontaine Mike P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Jimmie $265,000 None Available
Caruso 3Rd Michael F $144,900 --
Fontaine Mike P -- --
Fontaine Diane L $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jimmie $260,200
Previous Owner Caruso 3Rd Michael F $142,274
Previous Owner Fontaine Diane L $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $265,000 +6.0% $182 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $250,000 +72.5% $171 / Sq Ft
06/05/2018 06/05/18 Sold $144,900 -3.3% $99 / Sq Ft View Prior Sale
04/20/2018 04/20/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $149,900 -- $103 / 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 $3,270 $227,700 $64,300 $163,400
2024 $3,430 $228,800 $58,400 $170,400
2023 $3,184 $197,400 $57,600 $139,800
2022 $2,965 $159,500 $43,600 $115,900
2021 $2,818 $140,600 $37,900 $102,700
2020 $2,704 $137,000 $37,900 $99,100
2019 $2,638 $131,000 $37,900 $93,100
2018 $2,291 $113,000 $37,900 $75,100
2017 $2,241 $109,400 $37,900 $71,500
2016 $2,190 $107,000 $37,900 $69,100
2015 $2,138 $107,000 $37,900 $69,100
2014 $2,098 $111,200 $42,100 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72937141

MLS Property Information Network (MLS PIN)

APN: GARD-000027M-000005-000009