NOT LISTED FOR SALE

397 Mechanic St Leominster, MA 01453

Estimated Value: $315,000 - $429,000

3 Beds
3 Baths
1,259 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 397 Mechanic St, Leominster, MA 01453 and is currently estimated at $384,426, approximately $305 per square foot. 397 Mechanic St is a home located in Worcester County with nearby schools including Leominster High School, St. Anna Catholic School, and St. Leo School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2007
Sold by
Bank Of New York
Bought by
Garcia Ramon N
Current Estimated Value
$384,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$92,934
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,492

Purchase Details

Closed on
Nov 2, 2007
Sold by
Marrero Alberto
Bought by
Bank Of New York and Res Funding Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$92,934
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,492

Purchase Details

Closed on
Aug 12, 2005
Sold by
Torres Abel
Bought by
Marrero Alberto and Rivera Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2004
Sold by
Bentley Carol M and Bentley David J
Bought by
Torres Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1994
Sold by
Gnma
Bought by
Bentley David J and Bentley Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1994
Sold by
Finkel Stephen M
Bought by
Standard Federal Svgs

Purchase Details

Closed on
May 27, 1987
Sold by
Crush Michael R
Bought by
Finkel S M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,900
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Garcia Ramon N $145,000 --
Bank Of New York $197,500 --
Marrero Alberto $215,000 --
Torres Abel $130,000 --
Bentley David J $66,000 --
Standard Federal Svgs $70,000 --
Finkel S M $106,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ramon N $145,000
Previous Owner Marrero Alberto $193,500
Previous Owner Torres Abel $117,000
Previous Owner Finkel S M $62,700
Previous Owner Finkel S M $106,900
Source: Public Records

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 $4,628 $329,900 $129,700 $200,200
2024 $4,501 $310,200 $123,600 $186,600
2023 $4,317 $277,800 $107,400 $170,400
2022 $4,122 $248,900 $93,400 $155,500
2021 $3,980 $219,500 $72,800 $146,700
2020 $6,209 $212,100 $72,800 $139,300
2019 $3,656 $197,200 $69,300 $127,900
2018 $5,584 $171,100 $67,300 $103,800
2017 $3,214 $162,900 $62,800 $100,100
2016 $3,015 $154,000 $62,800 $91,200
2015 $2,895 $148,900 $62,800 $86,100
2014 $2,614 $138,400 $69,400 $69,000
Source: Public Records

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