NOT LISTED FOR SALE

Estimated Value: $666,038 - $771,000

7 Beds
2 Baths
2,370 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $399,000 $168 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,319/month

14 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of January 2019

Great opportunity to own a two family home in the Church St neighborhood of Marlborough. Public records show 4 total bedrooms in 2370 sqft of space, third floor finished attic is not included in reported living area. Most recent use is 7 bedrooms, 3 on first floor with eat-in kitchen and living room and 4 in second floor apartment, 2 on second floor and two more in finished walk-up attic with eat-in kitchen, dining room and living room. Plenty of space for in-law on first level with young family above. Investor? Marlboro rents are running at 2,000+ per unit for this type of property, some as high as $2,300 a month. Reported rents are not actual, rather market rate, currently owner occupied with vacant first floor so it will be fully vacant at transfer. Small, low maintenance yard, parking off street for 5 cars and great access to Rte 85 near Southborough line.

Last Agent to Sell the Property

John Vaillancourt

MA Homes, LLC Listed on: 10/30/2018

Last Buyer's Agent

Sergio Froes Oliveira

Settlers Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1895

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 168.78
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1895
  • Lead Paint: Yes
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Rms Common: Mudroom
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: K95491
  • Main So: AN3452
  • Estimated Sq Ft: 2370.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Frontage: 48.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Foundation Size: 31 x 45

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Common, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Shopping, Tennis Court, Park, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School

Lot Info

  • Assessments: 287000.00
  • Acre: 0.10
  • Lot Size: 4250.00
  • Page: 134
  • Zoning: RB
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rent: 4000
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4198.81
  • Assessor Parcel Number: 617089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 9, 2019
Sold by
Morra Veronica B and Matheson Cameron S
Bought by
Morra Veronica B
Seller's Agent
John Vaillancourt
MA Homes, LLC
Buyer's Agent
Sergio Froes Oliveira
Settlers Realty Group, LLC
List Price
$420,000
Sold Price
$399,000
Premium/Discount to List
-$21,000
-5%
Current Estimated Value
$702,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,379
Avg. Annual Appreciation
8.52%
Original Mortgage
$379,050
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 7, 2019
Sold by
Morra Veronica B
Bought by
Deoliveira Alessandro M
Seller's Agent
John Vaillancourt
MA Homes, LLC
Buyer's Agent
Sergio Froes Oliveira
Settlers Realty Group, LLC
List Price
$420,000
Sold Price
$399,000
Premium/Discount to List
-$21,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,050
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1999
Sold by
Rumsey Steven F and Rumsey Joanne M
Bought by
Morra Veronica B and Matheson Douglas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1992
Sold by
Mayo Richard F and Mayo Catherine J
Bought by
Rumsey Forrest L and Rumsey Steven F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Morra Veronica B -- None Available
Matheson Cameron S -- None Available
Deoliveira Alessandro M $399,000 None Available
Morra Veronica B $185,000 --
Rumsey Forrest L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoliveira Alessandro M $380,061
Closed Deoliveira Alessandro M $387,972
Closed Deoliveira Alessandro M $379,050
Previous Owner Morra Veronica B $105,000
Previous Owner Mayo Richard F $105,000
Previous Owner Mayo Richard F $108,000
Previous Owner Mayo Richard F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $399,000 -0.3% $168 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $400,000 -4.8% $169 / Sq Ft
10/30/2018 10/30/18 For Sale $420,000 -- $177 / 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 $5,676 $575,700 $182,600 $393,100
2024 $5,448 $532,000 $166,000 $366,000
2023 $5,655 $490,000 $127,600 $362,400
2022 $5,446 $415,100 $121,500 $293,600
2021 $4,918 $356,400 $101,400 $255,000
2020 $4,667 $329,100 $93,100 $236,000
2019 $4,373 $310,800 $91,300 $219,500
2018 $4,199 $287,000 $89,500 $197,500
2017 $3,809 $248,600 $89,500 $159,100
2016 $3,766 $245,500 $89,500 $156,000
2015 $3,559 $225,800 $99,400 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72417405

MLS Property Information Network (MLS PIN)

APN: MARL-000082-000214A