NOT LISTED FOR SALE

Estimated Value: $648,000 - $709,000

6 Beds
3 Baths
2,832 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $570,000 $201 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,355/month

3 Days on Market

Highlights

  • Golf Course Community
  • 0.36 Acre Lot
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Corner Lot

About This Home

As of October 2022

You're going to love this updated three unit in the sought-after Upper Lincoln St area* Three spacious two-bedroom units* Hardwood and wide pine flooring* Remodeled kitchens and bathrooms* Laundry hook-ups in all units* Sided* double glazed vinyl replacement windows* Recent roof* Updated electrical* Sided* Lots of off-street parking* Huge yard * fully rented with excellent tenants* Seller is completing work and will provide lead certificates for all three units before closing* Great location with quick access to shopping, schools, and major routes* 2.3 miles to Umass Med School* 10 Minutes to downtown & Boston trains

Last Agent to Sell the Property

David Stead

RE/MAX Partners Listed on: 09/14/2022

RE/MAX Partners

Last Buyer's Agent

Vera Lucia Dias

Evolve Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,723

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Near Conservation Area
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,815
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:09 B:040 L:00002,1771550

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $925
  • Insurance Expense $1,903
  • Water Sewer Expense $1,167
  • Operating Expense $3,995
  • Net Operating Income $41,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,723

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Carpet,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 2(Lead Certification Available,Open Floor Plan,Internet Available - Broadband), Unit 3(Bathroom with Shower Stall,Open Floor Plan,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Concrete
  • Living Area: 2832
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: K01272
  • LIST PRICE PER Sq Ft: 194.17
  • PRICE PER Sq Ft: 201.27
  • MAIN SO: AN6661

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • 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, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1167

Lot Info

  • Parcel Number: M:09 B:040 L:00002,1771550
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15637
  • Lot Size Units: Acres
  • PAGE: 288
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6723
  • Tax Book Number: 63817

Multi Family

  • Electric Expense: 925
  • Gross Income: 45780
  • Insurance Expense: 1903
  • Net Operating Income: 41875
  • Number Of Units Total: 3
  • Operating Expense: 3995
  • Total Actual Rent: 3815
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 18, 2020
Sold by
Balestracci Mark and Balestracci Jennifer L
Bought by
Rethage Detlef and Rethage Alicia
Seller's Agent
Mark Balestracci
Lamacchia Realty, Inc.
Buyer's Agent
Mark Balestracci
Lamacchia Realty, Inc.
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Current Estimated Value
$669,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,259
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Jul 28, 2003
Sold by
Balestracci Mark
Bought by
Morway-Balestr Jennifer L and Balestracci Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Holder Leonard C and Holder Jeane A
Bought by
Balestraccia Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
7.18%
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
Rethage Detlef $430,000 None Available
Morway-Balestr Jennifer L $157,500 --
Balestraccia Mark $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dasilva Suzamar $456,000
Previous Owner Morway-Balestracci J $225,000
Previous Owner Morway-Balestr Jennifer L $210,000
Previous Owner Balestraccia Mark $180,900
Previous Owner Balestraccia Mark $51,700
Previous Owner Balestraccia Mark $118,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $570,000 +3.7% $201 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $549,900 +27.9% $194 / Sq Ft
11/23/2020 11/23/20 Sold $430,000 +2.4% $145 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $420,000 -- $141 / 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 $8,287 $628,300 $119,100 $509,200
2024 $8,095 $588,700 $119,100 $469,600
2023 $7,487 $522,100 $103,500 $418,600
2022 $6,723 $442,000 $82,800 $359,200
2021 $4,171 $256,200 $66,300 $189,900
2020 $3,830 $225,300 $66,200 $159,100
2019 $3,940 $218,900 $59,800 $159,100
2018 $4,015 $212,300 $59,800 $152,500
2017 $3,836 $199,600 $59,800 $139,800
2016 $3,667 $177,900 $44,700 $133,200
2015 $3,570 $177,900 $44,700 $133,200
2014 $3,476 $177,900 $44,700 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036310

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000040-000002