NOT LISTED FOR SALE

308 Charles St Fitchburg, MA 01420

Estimated Value: $373,000 - $398,158

4 Beds
2 Baths
1,604 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $385,000 $240 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,049/month

3 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Wood Flooring
  • Medical Services
  • Wooded Lot
  • 4-minute walk to Laurel St park

About This Home

As of June 2024

This charming 4 bed, 2 bath multifamily residence in Fitchburg presents an excellent opportunity for both owner occupants and savvy investors alike. Boasting two units, each with 2 bedrooms and 1 bathroom, this property offers spacious living accommodations and attractive features sure to capture attention. Enjoy the convenience of separate utilities for each unit, ensuring hassle-free living and management. The home also features a newer roof, updated electric, and a freshly paved driveway. The enclosed porch and the private wooded backyard offer the perfect place for relaxation. The first-floor unit is recently updated and will be delivered vacant. This home presents a rare blend of comfort, convenience, and investment potential. Don't miss out on this exceptional opportunity! Offer deadline of Tuesday, March 5th at 5pm.

Last Agent to Sell the Property

Joseph Paoletti

Keller Williams Realty North Central Listed on: 03/01/2024

Keller Williams Realty North Central

Last Buyer's Agent

Giselle Pajazetovic

Pajazetovic & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1900

Lot Details

  • 7,479 Sq Ft Lot
  • Near Conservation Area
  • Sloped Lot
  • Wooded Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,604 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Fitchburg Elementary And Middle School
  • Fitchburg High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $1,450
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0066 B:0053 L:0,1505260

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Varies, Hardwood, Vinyl / VCT
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 1604
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 230.61
  • PRICE PER Sq Ft: 240.02
  • MAIN SO: AN8300

Exterior Features

  • Exterior Features: Other
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Individual, Unit Control
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0066 B:0053 L:0,1505260
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Sloped
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7479
  • Lot Size Units: Acres
  • PAGE: 72
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4849
  • Tax Book Number: 10661

Multi Family

  • Gross Income: 17400
  • Net Operating Income: 17400
  • Number Of Units Total: 2
  • Total Actual Rent: 1450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Fitchburg
  • Elementary School: Fitchburg
  • Middle Or Junior School: Fitchburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2013
Sold by
Moore Matthew E and Td Bank Na
Bought by
Td Bank Na
Current Estimated Value
$387,040

Purchase Details

Closed on
Feb 23, 2004
Sold by
Merrill Jamie and Moore Matthew E
Bought by
Moore Elaine M and Moore Matthew E

Purchase Details

Closed on
Oct 2, 2003
Sold by
Moore Elaine M and Moore Matthew E
Bought by
Merrill Jamie and Moore Matthew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Vendee Mtg T 1995-1 and Bankers T California
Bought by
Moore Matthew E and Moore Elaine M

Purchase Details

Closed on
Sep 4, 1998
Sold by
Gordon Donald and Vendee Mtg T 1995-1
Bought by
Bankers Trust Co Calif

Purchase Details

Closed on
Sep 16, 1994
Sold by
Usa Va
Bought by
Gordon Donald

Purchase Details

Closed on
Dec 15, 1993
Sold by
Barrows Greg K and Empire Of Amer Rlty Cr
Bought by
Veterans Affairs

Purchase Details

Closed on
Jun 20, 1989
Sold by
Vlahos Paul
Bought by
Barrows Gregg
Source: Public Records

Range of Values:

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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
Td Bank Na $77,414 --
Td Bank Na $77,414 --
Moore Elaine M -- --
Moore Elaine M -- --
Merrill Jamie -- --
Merrill Jamie -- --
Merrill Jamie -- --
Moore Matthew E $16,500 --
Moore Matthew E $16,500 --
Bankers Trust Co Calif $40,000 --
Bankers Trust Co Calif $40,000 --
Gordon Donald $47,000 --
Gordon Donald $47,000 --
Veterans Affairs $35,881 --
Veterans Affairs $35,881 --
Barrows Gregg $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merrill Jamie $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $385,000 +4.1% $240 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $369,900 +5.7% $231 / Sq Ft
10/26/2023 10/26/23 Sold $350,000 +1.5% $218 / Sq Ft View Prior Sale
09/27/2023 09/27/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $344,900 -8.0% $215 / Sq Ft
08/23/2023 08/23/23 For Sale $374,900 -- $234 / 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 $47 $348,700 $86,700 $262,000
2024 $4,849 $327,400 $52,400 $275,000
2023 $4,015 $250,600 $38,200 $212,400
2022 $3,570 $202,700 $35,900 $166,800
2021 $3,325 $174,700 $25,500 $149,200
2020 $3,075 $156,000 $20,800 $135,200
2019 $2,836 $138,400 $28,900 $109,500
2018 $2,660 $126,600 $26,600 $100,000
2017 $2,396 $111,500 $24,300 $87,200
2016 $2,367 $111,500 $24,300 $87,200
2015 $2,258 $109,200 $25,500 $83,700
2014 $2,165 $109,200 $25,500 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73207492

MLS Property Information Network (MLS PIN)

APN: FITC-000066-000053