NOT LISTED FOR SALE

37 Thomas St Southbridge, MA 01550

Estimated Value: $200,526 - $465,000

9 Beds
3 Baths
3,492 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $129,900 $37 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,489/month

82 Days on Market

About This Home

As of August 2018

INSTANT return on investment! This fully rented multi-family in Southbridge provides instant cash flow with instant ROI! This 3 unit has updated electrical, recent roof, gas heat, parking and all units are rented. Each unit has 3 bedrooms, one bathroom, living room and eat-in kitchen. Great in-town location for future advertising exposure. Offered at this time under a combined price with 23 Wardwell Ct (MLS:72326725 individual or MLS: 72326726 combined) for $300,000. These two buildings are a great addition to your current portfolio or start your real estate investing this year with them!

Last Agent to Sell the Property

Amy Mullen

RE/MAX Prof Associates Listed on: 05/14/2018

RE/MAX Prof Associates

Co-Listed By

Barbara Hobbs

RE/MAX Prof Associates

Last Buyer's Agent

Amy Mullen

RE/MAX Prof Associates Listed on: 05/14/2018

RE/MAX Prof Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1910

Lot Details

  • 4,792

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,281

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 37.20
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K01527
  • Main So: K01527
  • Estimated Sq Ft: 3492.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 130200.00
  • Lot: 1
  • Acre: 0.11
  • Lot Size: 4615.00
  • Page: 89
  • Zoning: R
  • Lot Description: City View(s)

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 2100
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 2701.65
  • Assessor Parcel Number: 3977265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2006
Sold by
Awan M Mahmud and Aurora Loan Svcs Llc
Bought by
Mistal Cara L and Bertrand Timothy J
Current Estimated Value
$386,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Ackerly Kristen M and Mers
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Mar 7, 2005
Sold by
Marcin Richard E and Marcin Shirley Ann
Bought by
Ackerly Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1988
Sold by
Thomas St Assoc
Bought by
1St Commercial Rt
Source: Public Records

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    James Black Real Broker MA, LLC

    Section Image

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
Mistal Cara L $175,500 --
Mistal Cara L $175,500 --
Aurora Loan Svcs Llc $179,283 --
Aurora Loan Svcs Llc $179,283 --
Ackerly Kristen M $240,000 --
Ackerly Kristen M $240,000 --
1St Commercial Rt $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshco Realty Llc $103,900
Closed 1St Commercial Rt $103,900
Open Bertrand Timothy $215,000
Closed Bertrand Timothy J $130,000
Closed Mistal Cara L $140,400
Closed Mistal Cara L $17,550
Previous Owner Ackerly Kristen M $168,000
Previous Owner Ackerly Kristen M $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $129,900 0.0% $37 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $129,900 -7.1% $37 / Sq Ft
06/08/2018 06/08/18 Price Changed $139,900 -6.7% $40 / Sq Ft
05/14/2018 05/14/18 For Sale $149,900 -- $43 / 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 $5,281 $360,200 $26,000 $334,200
2024 $4,187 $274,400 $13,000 $261,400
2023 $3,887 $245,400 $13,000 $232,400
2022 $3,668 $204,900 $11,100 $193,800
2021 $3,655 $188,000 $11,100 $176,900
2020 $3,427 $175,900 $11,100 $164,800
2018 $2,702 $130,200 $16,100 $114,100
2017 $2,678 $130,200 $16,100 $114,100
2016 $2,435 $120,500 $16,100 $104,400
2015 $2,405 $118,100 $17,300 $100,800
2014 $2,319 $118,100 $17,300 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72326724

MLS Property Information Network (MLS PIN)

APN: SBRI-000030-000159-000001