NOT LISTED FOR SALE

392 Hamilton St Southbridge, MA 01550

Estimated Value: $461,605 - $569,000

9 Beds
3 Baths
4,395 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $385,000 $88 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,485/month

7 Days on Market

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Shops
  • Corner Lot
  • Park
  • Coin Laundry

About This Home

As of September 2021

First showings will be at group showing with scheduled appointments, Sunday 7/18 from 12-3. Investors take notice! Fully occupied 3 family in great condition on corner lot. Each unit has 3 bedrooms and 1 bath. 2 porches, storage areas and landlord washer/dryers in each unit. Separately metered electric including landlord box. Recent updates include flooring, fresh paint and new water heater for unit 2. Delead certificates for each unit. Big fenced in yard for gardening or gatherings. Come take a look while it lasts.

Last Agent to Sell the Property

Melanie Wrightson

The Tate Team Listed on: 07/15/2021

Last Buyer's Agent

Leonidas Dosreis

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,625

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Stone Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 4,395 Sq Ft Home
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0034 B:0080 L:00001,3977728

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Dirt Floor, Unfinished
  • Living Area: 4395
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6791
  • LIST PRICE PER Sq Ft: 81.89
  • PRICE PER Sq Ft: 87.6
  • MAIN SO: AN4402

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas), Unit 3(Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0034 B:0080 L:00001,3977728
  • Zoning: 1050
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5438
  • PAGE: 132

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4625
  • Tax Book Number: 59861

Multi Family

  • Gross Income: 43200
  • Net Operating Income: 43200
  • Number Of Units Total: 3
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Serrano Jose and Serrano Tatiana
Bought by
Serrano Tatiana
Current Estimated Value
$515,151

Purchase Details

Closed on
Jan 17, 2014
Sold by
Mason Adam D and Mason Adam
Bought by
Southbridge Holdings L

Purchase Details

Closed on
Aug 3, 2009
Sold by
Bac Home Loans Svcng and Bac Gp Llc
Bought by
Imbriano Marina

Purchase Details

Closed on
Dec 8, 2008
Sold by
Beaulieu Scott R and Countrywide Home Loans
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Jun 6, 2005
Sold by
Darkoma Sarah and Darkoma Thomas
Bought by
Beaulieu Scott R

Purchase Details

Closed on
Mar 6, 2002
Sold by
Peckham Paul E and Peckham Kim S
Bought by
Darkoma Thomas and Darkoma Sarah

Purchase Details

Closed on
Sep 6, 1996
Sold by
Dupuis Marc P
Bought by
Peckham Paul E and Peckham Kim
Source: Public Records

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Range of Values:

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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
Serrano Tatiana -- None Available
Serrano Tatiana -- None Available
Southbridge Holdings L -- --
Southbridge Holdings L -- --
Imbriano Marina $101,000 --
Imbriano Marina $101,000 --
Hsbc Bank Usa $226,950 --
Hsbc Bank Usa $226,950 --
Beaulieu Scott R $235,900 --
Beaulieu Scott R $235,900 --
Darkoma Thomas $104,000 --
Darkoma Thomas $104,000 --
Peckham Paul E $75,000 --
Peckham Paul E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Jose $288,750
Previous Owner Pasquale Jason M $241,105
Previous Owner Pasquale Jason M $242,948
Previous Owner Pasquale Jason M $244,489
Previous Owner Southbridge Holdings L $111,675
Previous Owner Mason Adam D $81,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $385,000 +7.0% $88 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $359,900 +44.5% $82 / Sq Ft
12/21/2018 12/21/18 Sold $249,000 -4.2% $57 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $259,900 0.0% $59 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $259,900 +137.9% $59 / Sq Ft
03/22/2013 03/22/13 Sold $109,250 -8.9% $22 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $119,900 -- $24 / 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 $7,386 $503,800 $27,200 $476,600
2024 $6,353 $416,300 $13,600 $402,700
2023 $5,881 $371,300 $13,600 $357,700
2022 $4,649 $259,700 $11,600 $248,100
2021 $4,625 $237,900 $11,600 $226,300
2020 $4,330 $222,300 $11,600 $210,700
2018 $3,274 $157,800 $16,800 $141,000
2017 $3,246 $157,800 $16,800 $141,000
2016 $2,945 $145,700 $16,800 $128,900
2015 $3,032 $148,900 $18,100 $130,800
2014 $2,924 $148,900 $18,100 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72866623

MLS Property Information Network (MLS PIN)

APN: SBRI-000034-000080-000001