NOT LISTED FOR SALE

Estimated Value: $963,776 - $1,048,000

6 Beds
3 Baths
3,117 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $872,000 $280 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,057/month

10 Days on Market

About This Home

As of September 2022

300 Spruce Street offers investors a well located multifamily asset with multiple paths to income. The property is being offered for sale as a stand alone investment or part of a portfolio consisting of 200 Washington Avenue, 115 Orange Street, 76 Clark Avenue, and 300 Spruce Street. Offers for the property will be collected on a certain date which will soon be announced.

Last Agent to Sell the Property

Ryan McDonald

Boston Realty Advisors Listed on: 07/14/2022

Last Buyer's Agent

Jing Mai

MNS Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 1900

Lot Details

  • 2,145 Sq Ft Lot

Home Design

  • 3,117 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $3,000
  • Assessor Parcel Number 1288485

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,907

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3117
  • Stories Total: 6
  • MAIN LO: NB9260
  • MAIN SO: AN5162

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 1288485
  • Zoning: BR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2145
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8907

Multi Family

  • Net Operating Income: 36000
  • Number Of Units Total: 3
  • Total Actual Rent: 3000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 29, 2022
Sold by
Freedman Paul
Bought by
Stark International Llc
Seller's Agent
Ryan McDonald
Boston Realty Advisors
Buyer's Agent
Jing Mai
MNS Real Estate LLC
List Price
$872,000
Sold Price
$872,000
Current Estimated Value
$1,006,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,444
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Second City Properties
Bought by
Freedman Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.13%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2016
Sold by
Rd Realty Development
Bought by
Second City Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Russell George and Shiu Ying S
Bought by
H & R Design & Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,370,004
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stark International Llc $872,000 None Available
Stark International Llc $872,000 None Available
Freedman Paul -- --
Freedman Paul -- --
Second City Properties $500,000 --
Second City Properties $500,000 --
Rd Realty Development -- --
Rd Realty Development -- --
H & R Design & Dev Llc $52,500 --
H & R Design & Dev Llc $52,500 --
Russell George $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freedman Paul $250,000
Previous Owner Second City Properties $100,000
Previous Owner H & R Design & Dev Llc $262,000
Previous Owner H & R Design & Dev Llc $2,370,004
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $872,000 0.0% $280 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $872,000 -- $280 / 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 $9,344 $811,800 $154,900 $656,900
2024 $9,660 $811,800 $154,900 $656,900
2023 $8,770 $708,400 $140,800 $567,600
2022 $8,908 $672,300 $134,100 $538,200
2021 $8,590 $630,700 $127,700 $503,000
2020 $7,980 $596,000 $121,600 $474,400
2019 $8,033 $563,700 $121,600 $442,100
2018 $7,187 $509,700 $121,600 $388,100
2017 $6,803 $474,400 $121,600 $352,800
2016 $5,579 $391,500 $121,600 $269,900
2015 $4,828 $335,300 $105,800 $229,500
2014 $4,165 $279,900 $92,000 $187,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73012445

MLS Property Information Network (MLS PIN)

APN: CHEL-000056-000000-000081