NOT LISTED FOR SALE

40 Lincoln St Millville, MA 01529

Estimated Value: $336,000 - $383,000

5 Beds
2 Baths
3,866 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $300,000 $78 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,189/month

5 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Heating Available

About This Home

As of September 2023

Multiple offers. HIGHEST AND BEST DUE TUESDAY 4/25 at 1pm. This rare two family offers 2 large units and a pleasant back yard. Unit A has 2 bedrooms, 2 living areas on the first floor which can be used as a dining room, office or playroom, furnace was replaced in 2017. Unit B has 3 bedrooms, all hardwoods were refinished and first floor walls insulated and plastered in 2021, oil tank and furnace were replace in 2023. Well pump is 2 years old. Roof replaced 2022. Septic is a cesspool and will not pass Title V.

Last Agent to Sell the Property

Caitlin Gannon

RE/MAX Generations Listed on: 04/19/2023

RE/MAX Generations

Last Buyer's Agent

Marilyn Burke

Keller Williams Realty Boston South West

Keller Williams Realty Boston South West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1890

Lot Details

  • 6,434 Sq Ft Lot
  • Cleared Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,866 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating Available
  • Private Water Source
  • Private Sewer

Community Details

  • 2 Units
  • Net Operating Income $30,000

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number 3521624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,146

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • 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: Wood,Tile,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 3866
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN7349
  • LIST PRICE PER Sq Ft: 69.58
  • PRICE PER Sq Ft: 77.6
  • MAIN SO: BB3351

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Private Sewer
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
  • Heating YN: Yes
  • Water Source: Private
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3521624
  • Zoning: Unk
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6434
  • Lot Size Units: Acres
  • PAGE: 325
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3146
  • Tax Book Number: 43171

Multi Family

  • Gross Income: 30000
  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Bailey Frederick E
Bought by
Bailey Frederick E and Bailey Kari R
Current Estimated Value
$360,541

Purchase Details

Closed on
Aug 5, 2008
Sold by
Muse Elizabeth C and Osiecki Elizabeth C
Bought by
Bailey Frederick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,825
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1989
Sold by
Cotnoir Robert H
Bought by
Bailey Frederick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
10.77%
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
Bailey Frederick E -- --
Bailey Frederick E $85,000 --
Bailey Frederick E $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittaker Gillian G $365,870
Closed Bailey Frederick E $30,000
Closed Bailey Frederick E $135,000
Previous Owner Bailey Frederick E $50,000
Previous Owner Bailey Frederick E $89,540
Previous Owner Bailey Frederick E $55,825
Previous Owner Bailey Frederick E $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $300,000 +11.5% $78 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $269,000 -- $70 / 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 $2,746 $208,200 $68,100 $140,100
2024 $3,618 $273,700 $48,300 $225,400
2023 $3,328 $239,600 $48,300 $191,300
2022 $3,146 $208,200 $68,100 $140,100
2021 $2,899 $182,000 $68,100 $113,900
2020 $3,066 $190,800 $76,900 $113,900
2019 $113 $187,300 $85,700 $101,600
2018 $2,767 $182,900 $85,700 $97,200
2017 $110 $173,200 $85,700 $87,500
2016 $2,638 $156,000 $73,300 $82,700
2015 $2,548 $147,800 $67,600 $80,200
2014 $2,546 $148,200 $65,600 $82,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73100289

MLS Property Information Network (MLS PIN)

APN: MILV-000123-000026