T
Seller's Agent in 2021
Thomas Haynes
PMT Real Estate
314 Main St Unit 316 Douglas, MA 01516
Estimated Value: $411,454 - $550,000
12
Beds
8
Baths
8,396
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Waterfront
- Gentle Sloping Lot
- Carpet
About This Home
As of September 2021Investment Opportunity Two properties 314 -316 Main St and 318 -320 St. Main St combined 8 Units. Currently 6 Residental and 2 Commercial. Strong rental history. Many recent updates , Laundry room , large off street parking area. Tenant paid electric , owner pays heating. Strong upside potential, rents should be higher . Current owner 30 + years.
Last Agent to Sell the Property
Thomas Haynes
PMT Real Estate License #453001536 Listed on: 06/06/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,815
Year Built
- Built in 1840
Lot Details
- 0.52 Acre Lot
- Waterfront
- Gentle Sloping Lot
Parking
- 20 Car Parking Spaces
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Wood Roof
Interior Spaces
- 8,396 Sq Ft Home
- Insulated Windows
- Partially Finished Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Utilities
- Natural Gas Connected
- Oil Water Heater
Listing and Financial Details
- Total Actual Rent $7,025
- Assessor Parcel Number M:0163 B:0000097 L:
Community Details
Overview
- 8 Units
- Property has 1 Level
Building Details
- Electric Expense $1,195
- Insurance Expense $5,572
- Water Sewer Expense $1,970
- Operating Expense $16,737
- Net Operating Income $62,343
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2021
Closed on
Sep 10, 2021
Sold by
Emc Main Street Rt
Bought by
314-320 Main St Llc
Seller's Agent
Thomas Haynes
PMT Real Estate
Buyer's Agent
John Petraglia
Petraglia Real Estate Services
List Price
$800,000
Sold Price
$800,000
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
-$287,224
Avg. Annual Appreciation
-10.83%
Original Mortgage
$560,000
Outstanding Balance
$513,981
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,257
Purchase Details
Closed on
Apr 11, 1997
Sold by
Colonero Christopher J and Colonero Anne M
Bought by
Cardogno Eileen Mccoy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,720
Interest Rate
7.55%
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 |
|---|---|---|---|
| 314-320 Main St Llc | $800,000 | Misc Company | |
| Cardogno Eileen Mccoy | $90,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 314-320 Main St Llc | $560,000 | |
| Previous Owner | Colonero Christopher | $100,000 | |
| Previous Owner | Colonero Christopher | $72,720 | |
| Previous Owner | Colonero Christopher | $86,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $800,000 | 0.0% | $95 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/06/2021 06/06/21 | For Sale | $800,000 | -- | $95 / 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 | $46 | $345,600 | $120,400 | $225,200 |
| 2024 | $4,463 | $330,100 | $109,400 | $220,700 |
| 2023 | $4,400 | $306,400 | $109,400 | $197,000 |
| 2022 | $4,680 | $286,400 | $104,500 | $181,900 |
| 2021 | $4,376 | $261,700 | $99,500 | $162,200 |
| 2020 | $4,050 | $238,500 | $99,500 | $139,000 |
| 2019 | $3,971 | $226,900 | $99,500 | $127,400 |
| 2018 | $3,584 | $223,000 | $99,500 | $123,500 |
| 2017 | $3,389 | $202,700 | $105,200 | $97,500 |
| 2016 | $3,443 | $204,700 | $105,200 | $99,500 |
| 2015 | $3,369 | $204,700 | $105,200 | $99,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
John Petraglia
Petraglia Real Estate Services
(508) 476-7745
2 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72844499
APN: DOUG-000163-000096
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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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