NOT LISTED FOR SALE

40 Lincoln St Webster, MA 01570

Estimated Value: $455,000 - $534,000

9 Beds
3 Baths
4,200 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $422,000 $100 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,155/month

7 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of February 2024

*** BRAND NEW LISTING !!! ***......*~* MULTI FAMILY ~ 3 UNITS ~ 9 BEDROOMS & 3 CAR GARAGE !! *~* FAMILY OWNED & MAINTAINED FOR 25+ YEARS! ... HOUSE HAS GOOD BONES AND STRAIGHT LINES!!... OWNER OCCUPIED. ***ORIGINAL - ALL NATURAL - WOODWORK & SOLID DOORS REFLECT "AGELESS" CHARACTER THROUGHOUT THIS HOUSE!...IDENTICAL 9 ROOM UNITS >>> ALL ROOMS ARE SPACIOUS >> 3 BEDROOMS, PANTRY, EAT-IN KITCHEN, FAMILY ROOM, DEN, SUNROOM, ENCLOSED REAR PORCHES & HALLWAYS!!....BEAUTIFUL PANELING LINE ALL THE HALLWAYS & STAIRWELLS!!....WALK UP ATTIC!....SEPARATE ELECTRICAL PANELS... GAS & OIL HEAT >> UNITS 2&3 HEAT WITH GAS-ON-GAS STOVES, UNIT 1 HAS FORCED HOT AIR BY OIL...OFF STREET PARKING FOR 9 CARS!!... LEVEL LOT WITH FENCED YARD.... ROOF ABOUT 20 YRS OLD " GAF ULTRA 50 YEAR SHINGLES"... NEW GAS METERS.. 2CD SHOWINGS WILL BE IN A GROUP FORMAT FOR UNITS 1&3 on Sunday from 2-3:30 pm. Highest & Best due Tuesday 1/30 at noon.

Last Agent to Sell the Property

June Cazeault

Hope Real Estate Group, Inc. Listed on: 01/23/2024

Last Buyer's Agent

Oren Mael

Sapphire Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 1930

Lot Details

  • 8,641 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Park Ave Elementary School
  • Webster Middle School
  • Bartlett High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,825
  • Rent includes unit 1(water), unit 3(water)
  • Legal Lot and Block 16 / A
  • Assessor Parcel Number 1747557

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,446

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub), Unit 2(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Pantry,Storage,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Sunroom), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Utility Connections for Gas Range, 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, Interior Entry, Concrete
  • Living Area: 4200
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: K95508
  • LIST PRICE PER Sq Ft: 95.21
  • PRICE PER Sq Ft: 100.48
  • MAIN SO: AN1476

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 188
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: webst
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1747557
  • Zoning: MR-12
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8641
  • Lot Size Units: Acres
  • PAGE: 382
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4446
  • Tax Block: A
  • Tax Book Number: 19237
  • Tax Lot: 16
  • Tax Map Number: 27

Multi Family

  • Gross Income: 21900
  • Net Operating Income: 21900
  • Number Of Units Total: 3
  • Total Actual Rent: 1825
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Bartlett High
  • Elementary School: Park Ave
  • Middle Or Junior School: Webster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 1997
Sold by
Giroux Kevin E and Giroux George E
Bought by
Hollows John
Current Estimated Value
$503,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1993
Sold by
Arel Stanley H and Arel Shirley
Bought by
Giroux George E and Giroux Norma
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
Hollows John $50,000 --
Hollows John $50,000 --
Giroux George E $10,000 --
Giroux George E $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Jonathan $476,000
Closed Rosario Jonathan $476,000
Closed Giroux Kevin E $51,000
Closed Giroux Kevin E $20,000
Closed Giroux George E $50,000
Closed Giroux George E $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $422,000 +5.5% $100 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $399,900 -- $95 / 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 $4,504 $379,100 $51,600 $327,500
2024 $4,446 $365,000 $49,600 $315,400
2023 $3,966 $317,300 $47,200 $270,100
2022 $3,780 $270,800 $45,900 $224,900
2021 $3,629 $240,300 $45,900 $194,400
2020 $3,491 $231,800 $45,900 $185,900
2019 $2,977 $194,200 $45,900 $148,300
2018 $2,879 $187,100 $45,900 $141,200
2017 $2,708 $179,000 $44,900 $134,100
2016 $2,710 $179,000 $44,900 $134,100
2015 $2,578 $175,600 $44,000 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73195843

MLS Property Information Network (MLS PIN)

APN: WEBS-000027-A000000-000016