NOT LISTED FOR SALE

287 Wareham Rd Marion, MA 02738

Estimated Value: $596,000 - $1,003,000

5 Beds
3 Baths
3,512 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $780,000 $222 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,646/month

24 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • Garden
  • Deck
  • Shops

About This Home

As of March 2023

Newly renovated! Hard to find Marion 3-family property situated on over an acre of land. Conveniently located, not far from highways, shopping and many area amenities. 3 over sized apartments with separate utilities, central AC and laundry in each unit. Beautiful, big yard for entertaining! Great opportunity for investment or owner occupied with 2 rentals to pay the mortgage. Don't miss your chance at this turn key investment!

Last Agent to Sell the Property

Dawn Mercer

Keller Williams South Watuppa Listed on: 12/21/2022

Keller Williams South Watuppa

Last Buyer's Agent

Celeste Natale

Celeste Natale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1887

Lot Details

  • 1.29 Acre Lot
  • Cleared Lot
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,512 Sq Ft Home
  • Insulated Windows
  • Granite Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $6,700
  • Assessor Parcel Number M:0011 B:0078 L:0000,3830878

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $80,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,026

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1887
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 3512
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: AN3817
  • MAIN SO: AN7760

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access

Lot Info

  • Parcel Number: M:0011 B:0078 L:0000,3830878
  • Zoning: R-C
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 1.29
  • Lot Size Sq Ft: 56360
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4026

Multi Family

  • Net Operating Income: 80400
  • Number Of Units Total: 3
  • Total Actual Rent: 6700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Mar 3, 2023
Sold by
Kiernan Owen
Bought by
Walcott Deborah A and Natale Celeste
Seller's Agent
Dawn Mercer
Keller Williams South Watuppa
Buyer's Agent
Celeste Natale
Celeste Natale
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
76
Current Estimated Value
$834,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,221
Avg. Annual Appreciation
2.39%
Original Mortgage
$624,000
Outstanding Balance
$603,069
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,152

Purchase Details

Closed on
Nov 6, 2020
Sold by
Harkins Veronica M
Bought by
Kiernan Owen

Purchase Details

Closed on
Jul 25, 2014
Sold by
Harkins Jean M
Bought by
Harkins Veronica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 23, 2010
Sold by
Harkins Jean M
Bought by
Harkins Veronica and Harkins Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Walcott Deborah A $780,000 None Available
Kiernan Owen $390,000 None Available
Harkins Veronica M -- --
Harkins Veronica M -- --
Harkins Veronica -- --
Harkins Veronica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walcott Deborah A $624,000
Previous Owner Harkins Veronica M $487,500
Previous Owner Harkins Veronica $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $780,000 -2.4% $222 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $799,000 -- $228 / 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 $3,404 $365,200 $182,700 $182,500
2024 $3,455 $373,100 $194,800 $178,300
2023 $3,651 $386,800 $219,200 $167,600
2022 $4,026 $371,100 $131,200 $239,900
2021 $3,847 $339,800 $116,200 $223,600
2020 $3,843 $328,500 $104,900 $223,600
2019 $3,623 $328,500 $104,900 $223,600
2018 $3,425 $299,100 $129,600 $169,500
2017 $3,413 $299,100 $129,600 $169,500
2016 $3,194 $282,400 $112,900 $169,500
2015 $3,135 $282,200 $112,900 $169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73066129

MLS Property Information Network (MLS PIN)

APN: MARI-000011-000078