R
Seller's Agent in 2024
Raquel Franco
Capital Real Estate Group LLC
(978) 235-5136
76 Total Sales
29 Prospect St Unit 31 Fitchburg, MA 01420
Estimated Value: $567,000 - $631,000
8
Beds
3
Baths
3,258
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Granite Flooring
- Property is near public transit
- Tennis Courts
- Deck
- 3 Fireplaces
- Covered Patio or Porch
About This Home
As of July 2024Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment. 4 separate gas zones and 3 separate 100 amp electrical boxes all new in 2004. Unit 1 & 2 were remodeled before tenants moved in. Big lot with parking area for 6 cars. Walk to the Post Office or Art Museum and just a short distance to Fitchburg State University (1.2 mi). Montachusett train station is located 1.1 mi or Wachusett station at 4.2 miles & close to Rt. 2. BIG demand for quality apartments in Fitchburg, rents are below market. Group showings only Saturdays 12-2pm must have appt.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,368
Year Built
- Built in 1900
Lot Details
- 0.34 Acre Lot
- Near Conservation Area
Home Design
- Frame Construction
- Slate Roof
Interior Spaces
- 3,258 Sq Ft Home
- 3 Fireplaces
- Electric Dryer Hookup
Flooring
- Wood
- Laminate
- Granite
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Separate Meters
Listing and Financial Details
- Total Actual Rent $5,692
- Rent includes unit 1(hot water), unit 2(hot water), unit 3(hot water)
- Assessor Parcel Number M:0018 B:0046 L:0,1502210
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Building Details
- Net Operating Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2021
Sold by
Gomes Adail C
Bought by
29-31 Prospect Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$247,705
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$354,448
Purchase Details
Closed on
Jun 18, 2020
Sold by
Gomes Adail C
Bought by
29-31 Prospect Street Llc
Purchase Details
Closed on
Jul 2, 2004
Sold by
Avelar Maria and Avelar Pastor
Bought by
Whitaker Carl Putnam
Purchase Details
Closed on
Mar 21, 2002
Sold by
Lorion Patricia J
Bought by
Avelar Pastor and Avelar Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 29-31 Prospect Street Llc | -- | None Available | |
| Gomes Adail C | -- | None Available | |
| 29-31 Prospect Street Llc | -- | None Available | |
| Gomes Adail C | -- | None Available | |
| 29-31 Prospect Street Llc | -- | None Available | |
| 29-31 Prospect Street Llc | -- | None Available | |
| Whitaker Carl Putnam | $270,000 | -- | |
| Whitaker Carl Putnam | $270,000 | -- | |
| Avelar Pastor | $215,000 | -- | |
| Avelar Pastor | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gomes Adail C | $273,000 | |
| Closed | Gomes Adail C | $273,000 | |
| Previous Owner | Avelar Pastor | $218,960 | |
| Previous Owner | Avelar Pastor | $172,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $570,000 | 0.0% | $175 / Sq Ft | |
| 05/24/2024 05/24/24 | Pending | -- | -- | -- | |
| 05/15/2024 05/15/24 | Price Changed | $569,900 | -1.7% | $175 / Sq Ft | |
| 05/08/2024 05/08/24 | Price Changed | $579,900 | -1.7% | $178 / Sq Ft | |
| 04/23/2024 04/23/24 | Price Changed | $589,900 | -1.7% | $181 / Sq Ft | |
| 04/03/2024 04/03/24 | For Sale | $599,900 | +169.0% | $184 / Sq Ft | |
| 10/13/2017 10/13/17 | Sold | $223,000 | -3.0% | $57 / Sq Ft | View Prior Sale |
| 09/13/2017 09/13/17 | Pending | -- | -- | -- | |
| 08/14/2017 08/14/17 | For Sale | $230,000 | -- | $58 / 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 | $68 | $506,100 | $106,000 | $400,100 |
| 2024 | $6,368 | $430,000 | $73,500 | $356,500 |
| 2023 | $6,124 | $382,300 | $64,300 | $318,000 |
| 2022 | $5,669 | $321,900 | $55,100 | $266,800 |
| 2021 | $5,452 | $286,500 | $44,600 | $241,900 |
| 2020 | $5,233 | $265,500 | $42,000 | $223,500 |
| 2019 | $4,438 | $216,600 | $56,400 | $160,200 |
| 2018 | $4,080 | $194,200 | $53,800 | $140,400 |
| 2017 | $4,029 | $187,500 | $53,800 | $133,700 |
| 2016 | $3,877 | $182,600 | $48,600 | $134,000 |
| 2015 | $3,743 | $181,000 | $49,900 | $131,100 |
| 2014 | $3,780 | $190,600 | $49,900 | $140,700 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Franco
-
Ariel Jaquez
A
Buyer's Agent in 2024
Ariel Jaquez
Capital Real Estate Group LLC
7 Total Sales
-
Jodi Davick
J
Seller's Agent in 2017
Jodi Davick
Coldwell Banker Realty - Leominster
(978) 360-6017
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73219722
APN: FITC-000018-000046
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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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