Seller's Agent in 2022
Kayla Nault
Central Mass Real Estate
(978) 833-8198
117 Total Sales
288 Lancaster St Leominster, MA 01453
Estimated Value: $597,780 - $664,000
9
Beds
3
Baths
3,081
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Deck
- Community Pool
- Medical Services
- Property is near public transit
- Tennis Courts
About This Home
As of August 2022This truly turn-key rental is a great way to add a clean property to your portfolio. Each unit has three bedrooms, a large central kitchen, and laundry in-unit. They also have an individually metered gas heater and supplemental electric heat. There are separate utilities for all three units. The roof was replaced just prior to the seller purchasing the property in 2016. The basement has high ceilings with plenty of space for added storage. There is also a spacious backyard with a shed for additional storage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,690
Year Built
- Built in 1922
Lot Details
- 0.25 Acre Lot
- Near Conservation Area
- Fenced
- Level Lot
Home Design
- Block Foundation
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,081 Sq Ft Home
- Window Screens
- Living Room
- Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Covered patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Total Actual Rent $3,975
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 1580821
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $47,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2016
Closed on
Nov 29, 2016
Sold by
Alvarez Daniel and Morales-Alvarez Olga
Bought by
Green Harriet C
Seller's Agent
Jeffrey Bastress
StartPoint Realty
Buyer's Agent
Kayla Nault
Central Mass Real Estate
List Price
$269,900
Sold Price
$263,000
Premium/Discount to List
-$6,900
-2.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,306
Avg. Annual Appreciation
10.24%
Original Mortgage
$258,236
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
May 28, 2013
Sold by
Rivera Aura L and Alvarez Daniel
Bought by
Alvarez Daniel
Purchase Details
Closed on
Jun 17, 1996
Sold by
Bianco Hector and Bianco Caroline
Bought by
Rivera Ramon L and Rivera Aura L
Purchase Details
Closed on
Oct 19, 1992
Sold by
Norton John T and Norton Louise
Bought by
Osgood Walter L and Osgood Dawna K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Green Harriet C | $263,000 | -- | |
| Alvarez Daniel | -- | -- | |
| Rivera Ramon L | $120,000 | -- | |
| Osgood Walter L | $104,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Amit | $378,750 | |
| Closed | Green Harriet C | $258,236 | |
| Previous Owner | Rivera Aura L | $50,000 | |
| Previous Owner | Bianco Hector | $123,000 | |
| Previous Owner | Bianco Hector | $123,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $505,000 | +6.3% | $164 / Sq Ft |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | For Sale | $474,900 | +80.6% | $154 / Sq Ft |
| 11/29/2016 11/29/16 | Sold | $263,000 | -2.6% | $85 / Sq Ft |
| 10/14/2016 10/14/16 | Pending | -- | -- | -- |
| 10/13/2016 10/13/16 | For Sale | $269,900 | 0.0% | $88 / Sq Ft |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- |
| 09/15/2016 09/15/16 | For Sale | $269,900 | 0.0% | $88 / Sq Ft |
| 09/03/2016 09/03/16 | Pending | -- | -- | -- |
| 08/30/2016 08/30/16 | For Sale | $269,900 | -- | $88 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,628 | $543,700 | $120,600 | $423,100 |
| 2024 | $6,927 | $477,400 | $114,800 | $362,600 |
| 2023 | $6,575 | $423,100 | $99,800 | $323,300 |
| 2022 | $5,690 | $343,600 | $86,800 | $256,800 |
| 2021 | $5,626 | $310,300 | $67,600 | $242,700 |
| 2020 | $4,901 | $272,600 | $67,600 | $205,000 |
| 2019 | $4,993 | $269,300 | $64,300 | $205,000 |
| 2018 | $4,699 | $243,100 | $62,400 | $180,700 |
| 2017 | $3,875 | $196,400 | $58,300 | $138,100 |
| 2016 | $3,607 | $184,200 | $58,300 | $125,900 |
| 2015 | $3,581 | $184,200 | $58,300 | $125,900 |
| 2014 | $3,568 | $188,900 | $61,500 | $127,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Susan Wright
EXIT New Options Real Estate
(978) 549-1146
43 Total Sales
-
Seller's Agent in 2016
Jeffrey Bastress
StartPoint Realty
(978) 337-9745
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73015267
APN: LEOM-000176-000005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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