$215,000
SOLD DEC 21, 2022
8 Beds
4 Baths
2,573 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

4% Below List Price

87 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Granite Flooring
  • Community Pool
  • Park

About This Home

As of October 2023

So many possibilities for an investor or contractor with this property located at 316 Bank St! Zoned for up to 4 units, with 3 levels of potential living area. This is an open canvas ready for you PLUS a great opportunity to build instant equity in this hot market. Situated in a very convenient location near Charlton Hospital, the upcoming new train station, bus line, etc, this is a great opportunity for the right investor at a very reasonable price. This property has been recently subdivided and includes a newer roof, windows, siding, masonry and driveway. Floor plans in hand that may assist you in the process of making it your own. Owner financing available. Don't snooze on this one! Easy to show.

Last Agent to Sell the Property

Gen Pappas

Lamacchia Realty, Inc. Listed on: 08/11/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Latia Lopes

Media Realty Group Inc.

Media Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1874

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts an easement
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,573 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Granite Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

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

Parking

  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 100 Amp Service
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0N04 B:0000 L:0016,2833146

Community Details

Overview

  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,744

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1874
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Varies Per Unit
  • Fireplace YN: No
  • Appliances: Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 2573
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AN7567
  • LIST PRICE PER Sq Ft: 87.45
  • PRICE PER Sq Ft: 83.56
  • MAIN SO: AN5481

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block, Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, Sidewalks

Lot Info

  • Parcel Number: M:0N04 B:0000 L:0016,2833146
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792
  • Lot Size Units: Acres
  • PAGE: 323
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3744
  • Tax Book Number: 10166

Multi Family

  • Number Of Units Total: 4
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2010
Sold by
316-320 Bank St Rt and Markowski
Bought by
Markowski Michael
Current Estimated Value
$625,722

Purchase Details

Closed on
Jul 28, 2008
Sold by
Popular Fncl Svcs Llc
Bought by
316-320 Bank St Rt and Rosman

Purchase Details

Closed on
Jul 12, 2007
Sold by
Dow Edward
Bought by
Popular Financial Svc

Purchase Details

Closed on
Nov 12, 2004
Sold by
Mello Michael
Bought by
Dow Edward and Dow Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,960
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 1996
Sold by
Silva Paul
Bought by
Mello Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Foreclosure Deed $50,000 --
Foreclosure Deed $125,000 --
Foreclosure Deed $335,000 --
Deed $370,000 --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,951 FHA
Closed $342,750 Purchase Money Mortgage
Previous Owner $225,000 Commercial
Previous Owner $298,960 Commercial
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $610,000 +1.7% $237 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $599,900 +179.0% $233 / Sq Ft
12/21/2022 12/21/22 Sold $215,000 -4.4% $84 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $225,000 0.0% $87 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $225,000 +275.0% $87 / Sq Ft
10/29/2013 10/29/13 Sold $60,000 -55.6% $22 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $135,000 -- $49 / 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 $6,306 $550,700 $122,700 $428,000
2024 $2,089 $181,800 $118,000 $63,800
2023 $2,286 $186,300 $101,200 $85,100
2022 $3,744 $296,700 $130,500 $166,200
2021 $3,618 $261,600 $127,800 $133,800
2020 $3,251 $225,000 $124,200 $100,800
2019 $3,254 $223,200 $130,500 $92,700
2018 $3,001 $205,300 $119,700 $85,600
2017 $3,286 $234,700 $119,700 $115,000
2016 $3,594 $263,700 $119,700 $144,000
2015 $1,700 $130,000 $119,700 $10,300
2014 $2,597 $206,400 $119,700 $86,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73024295

MLS Property Information Network (MLS PIN)

APN: FALL-000004N-000000-000016