NOT LISTED FOR SALE

38 Reservoir St Holden, MA 01520

Estimated Value: $550,000 - $616,000

4 Beds
3 Baths
2,109 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $487,179 $231 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,804/month

18 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Deck
  • Wachusett Regional High School Rated A-
  • Medical Services
  • 5-minute walk to Kaitlyn E. Stone Memorial Playground

About This Home

As of December 2022

Rare opportunity to purchase a well-maintained three family near Holden center. Situated on well over 1/2 acre of land, with ample off-street parking, and a two-car garage. This multi- family offers much history to the town of Holden since 1850. Unit one features a studio setup with dedicated kitchen and bathroom. Exclusive access to the composite rear deck with views of the backyard. Unit 2 features a private mud room entry to kitchen with gleaming hardwood floors and high ceiling. 2 bedrooms, 1 full bath and basement access. Unit 3 features a private foyer entry to the 1-bedroom apartment with office. The unit also offers a spacious eat-in kitchen and large bathroom. This home is a fantastic investment opportunity or perfect for someone looking for an owner-occupied investment.

Last Agent to Sell the Property

Kimberly Rickman

OWN IT, A 100% Commission Brokerage Listed on: 09/28/2022

Last Buyer's Agent

Cindy Leinonen

Houseworks Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,736

Year Built

  • Built in 1850

Lot Details

  • 0.67 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,109 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near schools

Schools

  • Wachusett High School

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,100
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water)
  • Assessor Parcel Number M:158 B:12,1540650

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $2,654
  • Net Operating Income $34,546

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,736

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1850
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Carpet,Laminate,Hardwood
  • Interior Amenities: Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Kitchen,Mudroom), Unit 3 Rooms(Living Room,Kitchen,Office/Den)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial, Crawl Space, Sump Pump, Unfinished
  • Living Area: 2109
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN7258
  • LIST PRICE PER Sq Ft: 222.81
  • PRICE PER Sq Ft: 231
  • MAIN SO: K95476

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Gas), Unit 3(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:158 B:12,1540650
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Size Sq Ft: 29062
  • Lot Size Units: Acres
  • PAGE: 327
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5736
  • Tax Book Number: 58390

Multi Family

  • Gross Income: 37200
  • Net Operating Income: 34546
  • Number Of Units Total: 3
  • Operating Expense: 2654
  • Total Actual Rent: 3100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Wachusett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Chacharone James and Chacharone Styliani
Bought by
Parenteau Eric J and Parenteau Kathleen T
Total Days on Market
18
Current Estimated Value
$579,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2011
Sold by
Bardossy Martha Opsc
Bought by
Chacharone James
Source: Public Records

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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
Parenteau Eric J $315,000 --
Chacharone James $90,000 --
Bardossy Martha Opsc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pray Gregory L $365,000
Closed Parenteau Eric J $236,250
Previous Owner Chacharone James $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $487,179 +3.7% $231 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $469,900 0.0% $223 / Sq Ft
05/15/2018 05/15/18 Rented $1,000 0.0% --
05/09/2018 05/09/18 Price Changed $1,000 -9.1% $1 / Sq Ft
05/06/2018 05/06/18 Price Changed $1,100 -8.3% $1 / Sq Ft
05/02/2018 05/02/18 For Rent $1,200 -- --
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 $6,736 $486,000 $149,200 $336,800
2024 $6,590 $465,700 $144,800 $320,900
2023 $6,249 $416,900 $125,900 $291,000
2022 $5,736 $346,400 $98,400 $248,000
2021 $5,533 $318,000 $93,700 $224,300
2020 $5,525 $292,000 $89,200 $202,800
2019 $5,317 $268,200 $89,200 $179,000
2018 $4,506 $255,900 $85,000 $170,900
2017 $5,126 $251,800 $85,000 $166,800
2016 $4,273 $247,700 $80,900 $166,800
2015 $4,342 $239,600 $80,900 $158,700
2014 $4,253 $239,600 $80,900 $158,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73041625

MLS Property Information Network (MLS PIN)

APN: HOLD-000158-000000-000012