NOT LISTED FOR SALE

353 Water St Leominster, MA 01453

Estimated Value: $528,249 - $636,000

6 Beds
2 Baths
2,321 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $380,000 $164 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,715/month

5 Days on Market

Highlights

  • Attic
  • Living Room
  • Ceiling Fan
  • Corner Lot
  • Dining Room
  • 1 Car Garage

About This Home

As of December 2020

Beautiful 2 Family home on quite street, with lots of outdoor space. This home has been meticulously maintained and updated by the current owner. First floor is hardwood throughout with a new kitchen, and three spacious bedrooms. The house gets great natural light through out the day. Second floor was recently updated with new flooring, heating and paint also a three bedroom unit will make this a great rental . This is the perfect home for a home owner that would like to get help paying the mortgage every month from your upstairs tenant. Property to be conveyed vacant at close.

Last Agent to Sell the Property

David Hearne

Hearne Realty Group Listed on: 12/04/2020

Last Buyer's Agent

Laurie Howe Bourgeois

Coldwell Banker Realty - Leominster

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1949

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,321 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • 200+ Amp Service

Community Details

  • 2 Units
  • Net Operating Income $16,200

Listing and Financial Details

  • Total Actual Rent $1,350
  • Rent includes unit 2(water)
  • Assessor Parcel Number 1580032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,191

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1949
  • Buyer Agency: 2
  • Transaction Broker: 1
  • 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

  • Interior Amenities: Ceiling Fan(s), Walk-Up Attic, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2321
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC1229
  • LIST PRICE PER Sq Ft: 157.26
  • PRICE PER Sq Ft: 163.72
  • MAIN SO: AN2314

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1580032
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761
  • Lot Size Units: Acres
  • PAGE: 309
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5190.83
  • Tax Book Number: 6117

Multi Family

  • Gross Income: 16200
  • Net Operating Income: 16200
  • Number Of Units Total: 2
  • Total Actual Rent: 1350
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2006
Sold by
Nadeau Tr Elaine R
Bought by
Leazott Patricia A
Current Estimated Value
$589,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$147,698
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,465
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
Leazott Patricia A $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leazott Patricia A $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $380,000 +4.1% $164 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $365,000 -- $157 / 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 $6,876 $490,100 $115,400 $374,700
2024 $6,335 $436,600 $109,900 $326,700
2023 $6,155 $396,100 $95,500 $300,600
2022 $5,864 $354,100 $83,100 $271,000
2021 $5,234 $288,700 $64,600 $224,100
2020 $5,191 $288,700 $64,600 $224,100
2019 $4,702 $253,600 $61,500 $192,100
2018 $4,560 $235,900 $59,800 $176,100
2017 $3,897 $197,500 $55,800 $141,700
2016 $3,701 $189,000 $55,800 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72763819

MLS Property Information Network (MLS PIN)

APN: LEOM M:0139 B:0019 L:0000