NOT LISTED FOR SALE

32 Orchard Terrace Leominster, MA 01453

Estimated Value: $488,661 - $526,000

4 Beds
2 Baths
1,664 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $460,000 $276 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,230/month

21 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Patio
  • Property is near public transit
  • Jogging Path
  • Park

About This Home

As of December 2023

OPEN HOUSE CANCELED This solid home is ideal for either an investor or owner occupant! It has been well maintained inside and out. Both units have an appealing layout, tasteful paint, and hardwood flooring. The first floor is great for someone looking for single level living. The kitchen is large enough to have a table and has plenty of storage and counter space with a window by the sink overlooking the large yard. Both the bedrooms and living room have beautiful hardwood flooring. Upstairs the floor plan is the same except for a convenient washer dryer located in the kitchen. There are two enclosed porches which are great for extra storage. Outback is a large fenced in yard, stone patio, and nice lawn. Ample parking, a large clean basement, recently sealing and insulation by Mass Save, and a newer boiler!

Last Agent to Sell the Property

Daniel Reiser

Results Realty Listed on: 10/04/2023

Last Buyer's Agent

Natalie Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1960

Lot Details

  • 9,281 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,664 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Patio
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $3,400
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water)
  • Assessor Parcel Number M:0119 B:0023 L:0000,1579482

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,350

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • 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: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1664
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 270.43
  • PRICE PER Sq Ft: 276.44
  • MAIN SO: BB5763

Exterior Features

  • Exterior Features: Patio
  • Construction Materials: Frame, Conventional (2x4-2x6)
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Hot Water Baseboard,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0119 B:0023 L:0000,1579482
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9281
  • Lot Size Units: Acres
  • PAGE: 165
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5350
  • Tax Book Number: 9216

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Total Actual Rent: 3400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2014
Closed on
Apr 10, 2014
Sold by
Arsenault Marie F Est and Arsenault
Bought by
Arsenault Robert and Arsenault Vincent
Seller's Agent
William Roberts
Alpha Real Estate
Buyer's Agent
Evan McElroy
EXIT Assurance Realty
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Current Estimated Value
$512,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,165
Avg. Annual Appreciation
8.58%
Original Mortgage
$206,600
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Arsenault Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteles Alarico $457,518
Closed Monteles Alarico $451,668
Closed Leverone Andrew R $224,000
Closed Leverone Andrew R $204,000
Closed Turner Seth A $206,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $460,000 +2.2% $276 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $450,000 -10.0% $270 / Sq Ft
10/04/2023 10/04/23 For Sale $499,900 +83.8% $300 / Sq Ft
11/26/2018 11/26/18 Sold $272,000 -2.8% $163 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $279,900 +40.0% $168 / Sq Ft
06/06/2014 06/06/14 Sold $200,000 -16.6% $118 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
01/01/2014 01/01/14 For Sale $239,900 -- $142 / 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 $6,019 $429,000 $124,100 $304,900
2024 $5,618 $387,200 $118,200 $269,000
2023 $5,350 $344,300 $102,800 $241,500
2022 $5,091 $307,400 $89,400 $218,000
2021 $4,788 $264,100 $69,600 $194,500
2020 $4,749 $264,100 $69,600 $194,500
2019 $4,322 $233,100 $66,200 $166,900
2018 $4,204 $217,500 $64,300 $153,200
2017 $3,766 $190,900 $60,100 $130,800
2016 $3,585 $183,100 $60,100 $123,000
2015 $3,379 $173,800 $60,100 $113,700
2014 $3,107 $164,500 $63,500 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73166623

MLS Property Information Network (MLS PIN)

APN: LEOM-000119-000023