NOT LISTED FOR SALE

32 Massachusetts Ave Walpole, MA 02081

Estimated Value: $749,890 - $869,000

4 Beds
2 Baths
1,789 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $750,000 $419 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,944/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Eleanor N. Johnson Middle School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2023

Welcome to 32 Massachusetts Ave. Walpole! This charming and well-maintained two-family house is now available for sale, offering a perfect opportunity for both investors and owner occupants seeking additional rental income. With its excellent location, ample space, and convenient amenities, this property is sure to impress. The prime location is just 1 mile away from Walpole Commuter Rail, Downtown Walpole, Restaurants/Bars, Shopping Centers, Grocery Stores and lovely Conservation Areas. Also conveniently located between Route 1, Route 1A, and i95. This property features a total of 4 bedrooms, updated stainless steel appliances, private entrances and separated utilities. The standout features are the two-car garage, providing ample storage space for vehicles, tools, or recreational equipment. There is a generous yard, and deck space. Unit two is vacant, and was just renovated with new, luxury vinyl flooring in both bedrooms, fresh paint, and brand new washer and dryer

Last Agent to Sell the Property

Sara Adgate

Compass Listed on: 05/17/2023

Compass

Last Buyer's Agent

Roy Mazraani

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,026

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,789 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Block Basement Construction

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Boyden Elementary School
  • Bird Middle School
  • Walpole High School

Utilities

  • Heating Available
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,700
  • Rent includes unit 1(water), unit 2(water)
  • Tax Block 00226
  • Assessor Parcel Number 250167

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,026

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Actual,Renovated Since
  • 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: Tile,Carpet,Hardwood,Vinyl / VCT, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Walk-In Closet,Bathroom With Tub,Slider,Internet Available - Fiber-Optic), Unit 2(Ceiling Fans,Bathroom With Tub,Internet Available - Fiber-Optic), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Bulkhead, Concrete
  • Living Area: 1789
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB2685
  • LIST PRICE PER Sq Ft: 391.22
  • PRICE PER Sq Ft: 419.23
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters, Garden, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 250167
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11200
  • Lot Size Units: Acres
  • PAGE: 475
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8026
  • Tax Block: 00226
  • Tax Book Number: 22955
  • Tax Lot: 00000
  • Tax Map Number: 00034

Multi Family

  • Gross Income: 56400
  • Net Operating Income: 56400
  • Number Of Units Total: 2
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Walpole High
  • Elementary School: Boyden
  • Middle Or Junior School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Hayes Steven M and Weiss Jason
Bought by
Gwh Holdings Llc
Current Estimated Value
$803,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,500
Outstanding Balance
$335,135
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$468,338

Purchase Details

Closed on
Jan 6, 2021
Sold by
Hayes Michael J and Hayes Steven M
Bought by
Hayes Steven M and Weiss Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,500
Outstanding Balance
$335,135
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$468,338

Purchase Details

Closed on
Oct 4, 2011
Sold by
Hayes Michael J
Bought by
Hayes Michael J and Hayes Steven M

Purchase Details

Closed on
Sep 30, 2005
Sold by
Fitzgerald David D
Bought by
Hayes Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,150
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1999
Sold by
Cleveland Richard M and Cleveland Suzanne M
Bought by
Fitzgerald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Gwh Holdings Llc -- None Available
Hayes Steven M -- None Available
Hayes Michael J -- --
Hayes Michael J $477,000 --
Fitzgerald David $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Steven M $375,500
Previous Owner Hayes Michael J $453,150
Previous Owner Fitzgerald David $198,000
Previous Owner Fitzgerald David $163,300
Previous Owner Fitzgerald David $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $750,000 +7.2% $419 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $699,900 -- $391 / 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 $8,014 $624,600 $345,900 $278,700
2024 $8,071 $610,500 $332,600 $277,900
2023 $8,026 $577,800 $289,200 $288,600
2022 $7,508 $519,200 $267,800 $251,400
2021 $7,131 $480,500 $252,600 $227,900
2020 $6,912 $461,100 $238,300 $222,800
2019 $6,375 $422,200 $229,200 $193,000
2018 $6,041 $395,600 $220,500 $175,100
2017 $5,874 $383,200 $212,100 $171,100
2016 $5,617 $361,000 $203,900 $157,100
2015 $5,487 $349,500 $193,900 $155,600
2014 $5,294 $335,900 $193,900 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73112308

MLS Property Information Network (MLS PIN)

APN: WALP-000034-000226