2r Crane St Southbridge, MA 01550
Estimated Value: $282,086 - $391,000
3
Beds
2.5
Baths
1,360
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- 1 Car Garage
- Park
- Shops
About This Home
As of August 2022Own this well-kept two-family Building and enjoy the benefits of this wonderful investment property. Whether you plan on being an owner occupant or looking to maximize your cash flow from leasing both units, You are looking at a wise investment….Both floors are TAW, present rent well below market value, Property Features New Windows on the First floor Young Furnace & Updated Flooring on the second floor, Laundry room, Full Garage, Etc. Gas Heat all around!! Shared Driveway with 2 Crane, Each owner Responsible for Snow removal and Maintenance. Don’t miss this Unique opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,356
Year Built
- Built in 1900
Lot Details
- 2,083 Sq Ft Lot
- Property fronts a private road
- Property fronts an easement
Parking
- 1 Car Garage
- Driveway
- Open Parking
Home Design
- Manufactured Home on a slab
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,360 Sq Ft Home
- Property has 1 Level
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
Location
- Property is near public transit
- Property is near schools
Schools
- Charlton Street Elementary School
- Southbridge Middle School
- Southbridge High School
Utilities
- 2 Heating Zones
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,390
- Assessor Parcel Number 3977967
Community Details
Recreation
- Park
Building Details
- Water Sewer Expense $1,200
- Operating Expense $675
- Net Operating Income $16,680
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2022
Closed on
Aug 31, 2022
Sold by
Annabrennan Llc
Bought by
Sierra Juan
Seller's Agent
Luis Henrriquez
Media Realty Group Inc.
Buyer's Agent
Scanlon Real Estate Team
eXp Realty
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
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
$92,272
Avg. Annual Appreciation
10.66%
Original Mortgage
$221,950
Outstanding Balance
$213,934
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$91,471
Purchase Details
Closed on
Apr 21, 2016
Sold by
Ciandella Joseph J
Bought by
Annabrennan Llc
Purchase Details
Closed on
Jul 16, 2002
Sold by
Benoit-Toscano Lucille
Bought by
Mello David M and Mello Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 1994
Sold by
Benoit Olive T
Bought by
Parent Donald W and Parent Cynthia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Southbridge, MA
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 |
|---|---|---|---|
| Sierra Juan | $230,000 | None Available | |
| Sierra Juan | $230,000 | None Available | |
| Annabrennan Llc | -- | -- | |
| Annabrennan Llc | -- | -- | |
| Mello David M | $99,900 | -- | |
| Mello David M | $99,900 | -- | |
| Parent Donald W | $94,000 | -- | |
| Parent Donald W | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sierra Juan | $221,950 | |
| Closed | Sierra Juan | $221,950 | |
| Previous Owner | Ciandella Joseph J | $86,215 | |
| Previous Owner | Parent Donald W | $89,900 | |
| Previous Owner | Parent Donald W | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $230,000 | 0.0% | $169 / Sq Ft |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | For Sale | $229,900 | -- | $169 / 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 | $3,203 | $218,500 | $22,200 | $196,300 |
| 2024 | $2,996 | $196,300 | $18,500 | $177,800 |
| 2023 | $2,813 | $177,600 | $18,500 | $159,100 |
| 2022 | $2,662 | $148,700 | $15,800 | $132,900 |
| 2021 | $2,356 | $121,200 | $15,800 | $105,400 |
| 2020 | $2,061 | $105,800 | $15,800 | $90,000 |
| 2018 | $1,921 | $92,600 | $14,000 | $78,600 |
| 2017 | $1,765 | $85,800 | $14,000 | $71,800 |
| 2016 | $1,734 | $85,800 | $14,000 | $71,800 |
| 2015 | $1,769 | $86,900 | $14,000 | $72,900 |
| 2014 | $1,707 | $86,900 | $14,000 | $72,900 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Henrriquez
Seller's Agent in 2022
Luis Henrriquez
Media Realty Group Inc.
(508) 688-4900
1 in this area
12 Total Sales
-
Scanlon Real Estate Team
S
Buyer's Agent in 2022
Scanlon Real Estate Team
eXp Realty
(781) 223-5728
1 in this area
98 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72955388
APN: SBRI-000035-000144-000001
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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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