NOT LISTED FOR SALE

Estimated Value: $1,010,000 - $1,171,729

9 Beds
3 Baths
3,366 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $925,000 $275 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,814/month

6 Days on Market

About This Home

As of October 2021

Attention investors or people looking for turn key owner occupied building! Come see this renovated deleaded 3 Family at 32 Nelson St. All 3 Bedroom 1 bath units. Unit 1 renovated Feb 2021, unit 2 renovated in 2018 and unit 3 renovated in 2017. Roof, vinyl siding, heating systems, electrical and sprinkler system renovated in 2008. Unit 1 leased till 4/30/22 Unit 2 and 3 long term tenants are TAW. Separate utilities, washer and dryer hookups in basement for each unit. Low maintenance great return on your investment or live in one and 2 units pay your mortgage! OH Sat 9/4 from 11-1 Showing unit 3 and basement. OH Sun 9/5 12-2 Showing unit 1 and 2 and basement. ***Masks must be worn inside property no exceptions***

Last Agent to Sell the Property

Chris Comeau

Real Estate 109 Listed on: 08/31/2021

Last Buyer's Agent

Julie Spadorcia

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,611

Year Built

  • 1900

Lot Details

  • 3,049

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,611

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Western Ave to Nelson St. or Boston St. to Cottage St to Hood St to Nelson St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Dishwasher,Microwave,Refrigerator), Unit 2(Dishwasher,Microwave,Refrigerator), Unit 3(Dishwasher,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 267.35
  • PRICE PER Sq Ft: 274.81
  • MAIN SO: AN4339
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Tile,Vinyl,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Rubber
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Property Was Damaged In Fire Before Current Owner. Rehabbed In 2008 Buyer Bought After Rehabbed And Has Since Updated All Units Again.
  • Exclusions: Tenants' Belongings
  • Home Warranty: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • HEAT UNITS: 3
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, Private School, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 1800

Lot Info

  • LOT SIZE: 3000
  • PAGE: 377
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: R4

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Electric Expense: 420
  • Annual Gross Income: 81960
  • Insurance Expense: 4250
  • Property Net Operating Income: 67014
  • Number Of Units Total: 3
  • Annual Operating Expense: 14946
  • Total Actual Rent: 6830

Tax Info

  • Tax Annual Amount: 8518
  • Tax Book Number: 28062
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 26, 2021
Sold by
Marcia A Maione Amero Ret
Bought by
32 Nelson St Llc
Seller's Agent
Chris Comeau
Real Estate 109
Buyer's Agent
Julie Spadorcia
Century 21 North East
List Price
$899,900
Sold Price
$925,000
Premium/Discount to List
$25,100
2.79%
Current Estimated Value
$1,105,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,682
Avg. Annual Appreciation
3.69%
Original Mortgage
$693,750
Outstanding Balance
$640,815
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,529

Purchase Details

Closed on
Sep 26, 2008
Sold by
Gichimu Francis K and Karuri Lucy N
Bought by
Manzanillo Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Mccullough Barbara J
Bought by
Gichimu Francis K and Karuri Lucy N
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
32 Nelson St Llc $925,000 None Available
Manzanillo Jackie $310,000 --
Manzanillo Jackie $310,000 --
Gichimu Francis K $390,000 --
Gichimu Francis K $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 32 Nelson St Llc $693,750
Closed 32 Nelson St Llc $693,750
Previous Owner Manzanillo Jackie $206,500
Previous Owner Casey Thomas J $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $925,000 +2.8% $275 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $899,900 -- $267 / 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 $9,611 $927,700 $193,100 $734,600
2024 $9,524 $904,500 $177,400 $727,100
2023 $9,011 $808,200 $158,000 $650,200
2022 $9,086 $731,000 $148,500 $582,500
2021 $8,518 $653,700 $122,500 $531,200
2020 $7,926 $591,500 $102,300 $489,200
2019 $7,603 $531,700 $87,900 $443,800
2018 $7,184 $474,200 $96,100 $378,100
2017 $6,675 $427,900 $85,000 $342,900
2016 $6,278 $388,000 $80,400 $307,600
2015 $5,593 $333,900 $69,300 $264,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72888492

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000279-000012