NOT LISTED FOR SALE

284 Mechanic St Southbridge, MA 01550

Estimated Value: $382,454 - $484,000

9 Beds
3 Baths
3,435 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $245,000 $71 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,939/month

45 Days on Market

About This Home

As of September 2018

INCOME! INCOME! INCOME! Outstanding three family in convenient location. Well maintained units with excellent long term tenants. Recent updates include vinyl siding and replacement windows. First floor completely updated. Lead certificates. Excellent income! Tenants pay own heat, hot water and electricity. Can be purchased with 282 Mechanic Street for $475,000. Near downtown, hospital, I84, I90 (Mass Pike) and Route 20. Don't pass this up!

Last Agent to Sell the Property

Dorothy Fontana

Coldwell Banker Realty - Worcester Listed on: 06/09/2018

Coldwell Banker Realty - Worcester

Last Buyer's Agent

James Black

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,889

Year Built

  • Built in 1920

Lot Details

  • 2,614

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0030 B:0115 L:00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,889

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.25
  • Insc: 2430
  • Year Built Description: Actual, Approximate
  • List Price Per Sq Ft: 87.31
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Laminate
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: K95491
  • Estimated Sq Ft: 3435.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone
  • Foundation Size: irreg

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 120
  • Sewer: 1655
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University

Lot Info

  • Assessments: 147900.00
  • Acre: 0.06
  • Lot Size: 2599.00
  • Page: 174
  • Parcel Number: M:0030 B:0115 L:00001
  • Zoning: MF
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 3075
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3069.00
  • Assessor Parcel Number: 3977227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2004
Sold by
Miranda Rosa M and Ortiz Rosa M
Bought by
Cassim Robert A and Cassim Sineide S
Current Estimated Value
$439,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Kames William
Bought by
Ortiz Serafin and Miranda Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cassim Robert A $238,000 --
Cassim Robert A $238,000 --
Ortiz Serafin $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canty Patrick J $183,750
Closed Ortiz Serafin $183,750
Closed Steinbach Sineide S $150,000
Closed Cassim Robert A $267,750
Previous Owner Ortiz Serafin $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $245,000 -18.3% $71 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $299,900 -- $87 / 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 $5,889 $401,700 $27,700 $374,000
2024 $4,845 $317,500 $23,100 $294,400
2023 $4,511 $284,800 $23,100 $261,700
2022 $4,257 $237,800 $19,700 $218,100
2021 $4,252 $218,700 $19,700 $199,000
2020 $3,995 $205,100 $19,700 $185,400
2018 $3,069 $147,900 $19,700 $128,200
2017 $3,042 $147,900 $19,700 $128,200
2016 $2,769 $137,000 $19,700 $117,300
2015 $2,730 $134,100 $19,700 $114,400
2014 $2,634 $134,100 $19,700 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72343024

MLS Property Information Network (MLS PIN)

APN: SBRI-000030-000115-000001