NOT LISTED FOR SALE

383 Summer St Unit 387 Fitchburg, MA 01420

South Fitchburg Neighborhood

Estimated Value: $566,249

7 Beds
3 Baths
2,549 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $340,000 $133 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,645/month

9 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Storage Shed

About This Home

As of November 2020

Looking for a well maintained 3- Unit apartment building plus a commercial lot? This unique property includes a (0.25 acre) separately deeded lot with 100 Ft. of frontage on Summer St and Poplar St. This provides a wonderful opportunity for a future commercial business or storage for a landscape company or other allowed businesses. In addition, enjoy the rental revenue from the 3 large apartments that include two (3) bedrooms on the 1st and 2nd floor and a spacious 1 bedroom on the 3rd floor. Each apartment is separately metered and the tenants pay for their own heat, hot water, and electricity. Thermal windows can be found throughout the building and each apartment has its own egress. The parking lot has been recently paved and provides ample room for parking. Each apartement has its own washer and dryer hook-up. Well maintained-fenced in yard which includes a storage shed for lawn equipment and tools. Seller request that all offers be submitted by 8/22/20 @ 5:00 P.M.

Last Agent to Sell the Property

Matthew Straight

Coldwell Banker Realty - Leominster Listed on: 08/16/2020

Coldwell Banker Realty - Leominster

Co-Listed By

Victoria Jeffrey

Real Estate Exchange

Last Buyer's Agent

Jennifer McCune

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0112 B:0015 L:0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,015

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 137.27
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Walk Out, Bulkhead, Concrete Floor
  • Main Lo: AN2613
  • Main So: AN2613
  • Estimated Sq Ft: 2549.00

Exterior Features

  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Features: Porch, Storage Shed, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat

Lot Info

  • Assessments: 233300.00
  • Acre: 0.11
  • Lot Size: 5000.00
  • Page: 76
  • Parcel Number: M:0112 B:0015 L:0
  • Zoning: CBD
  • Lot Description: Corner, Paved Drive, Additional Land Avail., Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2100
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4598.00
  • Assessor Parcel Number: 1508375
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $340,000 -2.8% $133 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $349,900 -- $137 / 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
2022 $5,015 $284,800 $36,800 $248,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Straight

    Seller's Agent in 2020

    Matthew Straight

    Coldwell Banker Realty - Leominster

    (978) 799-3560

    5 in this area

    155 Total Sales

    Matthew Straight
    Section Image
  • Victoria Jeffrey

    Seller Co-Listing Agent in 2020

    Victoria Jeffrey

    Real Estate Exchange

    (978) 230-5223

    1 in this area

    61 Total Sales

    Victoria Jeffrey
    Section Image
  • Jennifer McCune

    Buyer's Agent in 2020

    Jennifer McCune

    Lamacchia Realty, Inc.

    (774) 274-6484

    4 in this area

    63 Total Sales

    Jennifer McCune
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72710661

MLS Property Information Network (MLS PIN)

APN: FITC M:0112 B:0015 L:0

Massachusetts Worcester County Fitchburg 01420 South Fitchburg

383 Summer St Unit 387, Fitchburg, MA

This home is located at 383 Summer St Unit 387, Fitchburg, MA 01420 since 16 August 2020 and is currently estimated at $566,249, approximately $222 per square foot. This property was built in 1900. 383 Summer St Unit 387 is a home located in Worcester County with nearby schools including South Street Elementary School, Crocker Elementary School, and Reingold Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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