NOT LISTED FOR SALE

37 Elm St Gardner, MA 01440

Estimated Value: $367,000 - $414,000

7 Beds
7 Baths
2,916 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $290,000 $99 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,031/month

128 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 2 Car Garage
  • 1 Fireplace
  • Garden
  • 5-minute walk to Jackson Playground and Skate Park

About This Home

As of June 2022

Investment Opportunity Knocks! Not only does this 2 family have an income stream it has an amazing large barn attached to this home, to be used as a 2 car garage, massive storage or additional living space. Many updates, New furnace, Updated windows, vinyl siding and separate electric panels in each unit. This two family is in walking distance to the heart of Gardner, with 2 rented units. Unit #1 has 2 bedrooms on the first floor, with kitchen, living room and fireplace, and unit #2 has 2 floors, occupying the second and third floors, with 5 bedrooms, kitchen and living room. A full bathroom in each unit. All hardwood floors throughout. Great flat back yard. New development is going on all around town. Elm Street School down the street and The Gardner Museum is across the street. Buyers and agents to conduct their own due diligence, this is an "As IS" sale.

Last Agent to Sell the Property

Dee Kerner

Compass Listed on: 12/05/2021

Compass

Last Buyer's Agent

John Vedoe

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1850

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Additional Features

  • Porch
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $2,500
  • Rent includes unit 1(heat water), unit 2(heat water)
  • Assessor Parcel Number M:R27 B:23 L:12,3537728

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,353

Year Built

Built in 1850

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1850
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oil Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 7
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Living Area: 2916
  • Stories Total: 5
  • MAIN LO: AN2383
  • MAIN SO: K01272

Exterior Features

  • Exterior Features: Garden
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:R27 B:23 L:12,3537728
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13300
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4353

Multi Family

  • Net Operating Income: 32400
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 3
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Root Jeffrey G
Bought by
Root Adrienne A
Current Estimated Value
$394,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$260,455
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,299

Purchase Details

Listed on
Dec 5, 2021
Closed on
Jun 10, 2022
Sold by
Sundramurthy Sundaramurthy M and Sundramurthy Shanthy
Bought by
Root Jeffrey G and Root Adrienne
Seller's Agent
Dee Kerner
Compass
Buyer's Agent
John Vedoe
RE/MAX Vision
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$221,250
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2015
Sold by
Pomerleau Alfred L
Bought by
Sundaramurthy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,319
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1999
Sold by
Hobby Lillian M
Bought by
Pomerleau Alfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Root Adrienne A $32,750 None Available
Root Jeffrey G $290,000 None Available
Sundaramurthy M $148,000 --
Pomerleau Alfred L $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Adrienne A $265,000
Previous Owner Root Jeffrey G $221,250
Previous Owner Sundaramurthy M $145,319
Previous Owner Pomerleau Alfred L $133,200
Previous Owner Pomerleau Alfred L $126,000
Previous Owner Pomerleau Alfred L $123,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $290,000 -17.1% $99 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
12/05/2021 12/05/21 For Sale $350,000 -- $120 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $52 $360,300 $77,600 $282,700
2024 $4,882 $325,700 $70,600 $255,100
2023 $4,897 $303,600 $69,600 $234,000
2022 $4,573 $246,000 $52,700 $193,300
2021 $4,353 $217,200 $45,800 $171,400
2020 $4,169 $211,200 $45,800 $165,400
2019 $4,052 $201,200 $45,800 $155,400
2018 $3,474 $171,400 $45,800 $125,600
2017 $3,387 $165,400 $45,800 $119,600
2016 $3,304 $161,400 $45,800 $115,600
2015 $3,225 $161,400 $45,800 $115,600
2014 $3,185 $168,800 $53,200 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72925359

MLS Property Information Network (MLS PIN)

APN: GARD-000027R-000023-000012

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