NOT LISTED FOR SALE

37 Cotton St Leominster, MA 01453

Estimated Value: $460,281 - $659,000

6 Beds
3 Baths
2,955 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $251,500 $85 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,423/month

7 Days on Market

About This Home

As of November 2017

Good 3-unit investment property or owner occupied and great commuting location and with separate utilities, FIOS ready, 100 amp panels just 4 years old. 3 Separate Hot Water tanks fairly new, 2014-2016 Each unit has separate furnace. All tenants are tenants at will and would like to remain. Walking distance to downtown, city hall and the library.Nicely maintained in quiet West side neighborhood off of West Street. This property boasts low maintenance vinyl siding and vinyl replacement windows. 4+ off street parking spots. Perfect opportunity for the first time homeowner or a great addition to add to your investment portfolio. NO KNOB AND TUBE WIRING (as far as I can see, lead paint compliant on the second floor ONLY

Last Agent to Sell the Property

Marcia Casacca

Coldwell Banker Realty - Leominster License #454500808 Listed on: 09/18/2017

Coldwell Banker Realty - Leominster

Last Buyer's Agent

The Knox Real Estate Team

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

1901

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Certified Treated, Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: K95001
  • Main So: M59500
  • Estimated Sq Ft: 2955.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete, Irregular

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • High School: Leominster

Lot Info

  • Assessor Parcel Number: M:0005 B:0012 L:0000
  • Zoning: RC
  • Acre: 0.15
  • Lot Size: 6446.00

Multi Family

  • Foundation: unknown
  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 2350
  • Multi Family Type: 3 Family - 3 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 8, 2017
Sold by
Tierney Children T
Bought by
Gavirneni Venkata and Gavirneni Anupama
Seller's Agent
Marcia Casacca
Coldwell Banker Realty - Leominster
Buyer's Agent
The Knox Real Estate Team
William Raveis R.E. & Home Services
List Price
$269,000
Sold Price
$251,500
Premium/Discount to List
-$17,500
-6.51%
Current Estimated Value
$542,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,820
Avg. Annual Appreciation
10.20%
Original Mortgage
$188,625
Outstanding Balance
$157,975
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$384,345
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gavirneni Venkata $251,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavirneni Venkata $188,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2017 11/08/17 Sold $251,500 -6.5% $85 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $269,000 -- $91 / 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 $6,433 $458,500 $107,800 $350,700
2024 $5,852 $403,300 $102,700 $300,600
2023 $5,554 $357,400 $89,300 $268,100
2022 $5,102 $308,100 $77,600 $230,500
2021 $8,764 $276,400 $60,400 $216,000
2020 $2,507 $239,600 $57,200 $182,400
2019 $4,820 $260,000 $51,500 $208,500
2018 $4,519 $233,800 $50,000 $183,800
2017 $4,021 $203,800 $46,700 $157,100
2016 $3,718 $189,900 $46,700 $143,200
2015 $3,692 $189,900 $46,700 $143,200
2014 $3,625 $191,900 $50,500 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72230343

MLS Property Information Network (MLS PIN)

APN: LEOM-000005-000012