NOT LISTED FOR SALE

285 Providence Rd South Grafton, MA 01560

Estimated Value: $753,000 - $849,000

9 Beds
7 Baths
3,960 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $675,000 $170 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,124/month

6 Days on Market

About This Home

As of February 2022

OFFER ACCEPTED, SATURDAY OPEN HOUSE CANCELED. Looking for your next investment? This 3-family, side-by-side rowhouse has one unit with 3 Bedrooms 2 full baths with the other 2 units are 3 bedrooms, 1.5 baths. Each units have in-unit laundry, and all have been fully de-leaded. Three brand new (August 2021) gas heating systems, new liners in chimneys, vinyl sided in 2020, and literally to top it off...the roof was replaced approximately 2014! Responsible, paying tenants would love to stay if possible; Unit 1 is TAW at $1450, Unit 2 is leased at $1700, and Unit 3 is TAW at $1650. All 3 units have yard space, plus off-street parking behind property that adds to your tenants' convenience! Great location near Routes 122 & 122-A, shops, outdoor recreation, and a popular school system. All tenants respectfully require masks during showings.

Last Agent to Sell the Property

Robert Smith

Mathieu Newton Sotheby's International Realty Listed on: 12/09/2021

Last Buyer's Agent

Brian Allen

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,890

Year Built

  • 1920

Lot Details

  • 0.29

Additional Features

  • Property has 3 Levels
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,890

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Side by Side
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Driveway entrance is on Keith Hill Rd- shared driveway behind 283 Providence Rd.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Unknown/Mixed
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range,Compactor,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 3(Dishwasher,Disposal,Refrigerator,Washer,Dryer)
  • Has Basement: Full, Interior Entry, Unfinished
  • Total Bathrooms: 5.5
  • MAIN LO: AN0394
  • LIST PRICE PER Sq Ft: 176.74
  • PRICE PER Sq Ft: 170.45
  • MAIN SO: AN6259
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Unit 1(undefined), Unit 2(Wood Flooring,Wall to Wall Carpet), Unit 3(Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Upgraded Cabinets,Walk-In Closet,Bathroom With Tub & Shower,Slider), Unit 2(Ceiling Fans,Lead Certification Available,Walk-In Closet,Bathroom With Tub & Shower), Unit 3(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Kitchen,Office/Den)
  • Stories: 9

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Exclusions: Tenants' Belongings. The Range In Unit 3 Belongs To The Current Tenant.
  • Home Warranty: No
  • Lot Features: Easements, Cleared, Level
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Shared Driveway, Off Street, Common
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))
  • Senior Community: No

Schools

  • High School: Grafton

Lot Info

  • LOT SIZE: 12500
  • PAGE: 285
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 12632.4
  • Zoning: RMF

Multi Family

  • LEVELS 1: 3
  • LEVELS 2: 3
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1
  • Annual Gross Income: 19800
  • Property Net Operating Income: 19800
  • Number Of Units Total: 3
  • Total Actual Rent: 4800

Tax Info

  • Tax Annual Amount: 6412
  • Tax Book Number: 14307
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 17, 2022
Sold by
285 Providence Llc
Bought by
Kantchev Kalin and Ruseva-Kantcheva Aneta
Seller's Agent
Robert Smith
Mathieu Newton Sotheby's International Realty
Buyer's Agent
Brian Allen
Property Investors & Advisors, LLC
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$810,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,577
Avg. Annual Appreciation
5.10%
Original Mortgage
$461,250
Outstanding Balance
$431,550
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,342

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 25, 2021
Sold by
Murphy Halina M
Bought by
285 Providence Llc
Seller's Agent
Robert Smith
Mathieu Newton Sotheby's International Realty
Buyer's Agent
Robert Smith
Mathieu Newton Sotheby's International Realty
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.34%
Source: Public Records

Range of Values:

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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
Kantchev Kalin $668,350 None Available
285 Providence Llc $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kantchev Kalin $461,250
Closed Kantchev Kalin $461,250
Previous Owner Murphy John J $196,000
Previous Owner Murphy Halina M $70,000
Previous Owner Murphy John J $79,000
Previous Owner Murphy John J $79,000
Previous Owner Murphy John J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $675,000 -3.6% $170 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $699,900 +16.7% $177 / Sq Ft
10/01/2021 10/01/21 Sold $600,000 +9.1% $152 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $550,000 -- $139 / 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 $8,890 $637,700 $140,900 $496,800
2024 $8,678 $606,400 $134,100 $472,300
2023 $9,021 $574,200 $134,100 $440,100
2022 $7,007 $415,100 $115,100 $300,000
2021 $6,412 $373,200 $104,600 $268,600
2020 $5,891 $357,000 $104,600 $252,400
2019 $5,643 $338,700 $86,300 $252,400
2018 $5,078 $306,100 $85,300 $220,800
2017 $5,095 $310,700 $68,600 $242,100
2016 $5,481 $327,200 $80,500 $246,700
2015 $5,328 $322,900 $79,400 $243,500
2014 $4,679 $306,600 $89,000 $217,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72926785

MLS Property Information Network (MLS PIN)

APN: GRAF-000115-000000-000230