NOT LISTED FOR SALE

402 Main St Wareham, MA 02571

Wareham Center Neighborhood

Estimated Value: $413,000 - $595,000

6 Beds
2 Baths
2,506 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $340,000 $136 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,780/month

4 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Interior Lot
  • Antique Architecture
  • No HOA
  • Level Entry For Accessibility

About This Home

As of March 2024

Nestled on a bustling downtown Main Street, this multifamily home commands attention with its historic charm and prime location. Situated within proximity to the Southcoast Tobey Hospital and the vibrant Cranberry Crossing shopping district, it offers unparalleled convenience for residents. However, this property requires ample attention and care to restore its full potential. Investing in this multifamily homes presents an exciting opportunity for revitalization and community engagement. May have 40B potential. Sold As Is Where Is.

Last Agent to Sell the Property

Jane Sorenti

Sorenti Properties LLC License #9513966 Listed on: 02/09/2024

Last Buyer's Agent

Gregory W Nowak

Craigville Realty Co License #9018180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Interior Lot
  • Cleared Lot

Parking

  • Off-Street Parking

Home Design

  • Antique Architecture
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Additional Features

  • Level Entry For Accessibility
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,726

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Main St Wareham just past Southcoast TobeyHospital.
  • Architectural Style: Antique
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Estimated
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Entry Location: Unit 1: First Floor
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Main Level Bathrooms: 2

Exterior Features

  • Lot Features: Interior Lot, Cleared
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl/Aluminum
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Property Condition: Actual
  • Roof: Asphalt, Shingle

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wareham

Lot Info

  • Zoning: MR30
  • Lot Size Sq Ft: 9583
  • Parcel #: 8826
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1900

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3726
  • Tax Book Number: 12190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 30, 2024
Sold by
Alj Realty Corp
Bought by
Oliveira Investment Inc
Seller's Agent
Jane Sorenti
Sorenti Properties LLC
Buyer's Agent
Gregory W Nowak
Craigville Realty Co
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
62
Current Estimated Value
$471,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,674
Avg. Annual Appreciation
19.82%
Original Mortgage
$392,000
Outstanding Balance
$385,614
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,060

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 6, 2024
Sold by
Perry Raymond M Est and Perry
Bought by
Alj Realty Corp
Seller's Agent
Jane Sorenti
Sorenti Properties LLC
Buyer's Agent
Gregory W Nowak
Craigville Realty Co
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$385,614
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,060
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliveira Investment Inc $380,000 None Available
Oliveira Investment Inc $380,000 None Available
Oliveira Investment Inc $380,000 None Available
Oliveira Investment Inc $380,000 None Available
Alj Realty Corp $340,000 None Available
Alj Realty Corp $340,000 None Available
Alj Realty Corp $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Investment Inc $392,000
Closed Oliveira Investment Inc $392,000
Previous Owner Alj Realty Corp $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $340,000 -6.8% $136 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $365,000 -- $146 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $3,713 $356,300 $104,100 $252,200
2024 $3,741 $333,100 $81,300 $251,800
2023 $3,726 $292,700 $73,900 $218,800
2022 $3,726 $282,700 $73,900 $208,800
2021 $3,046 $226,500 $73,900 $152,600
2020 $3,003 $226,500 $73,900 $152,600
2019 $2,843 $213,900 $70,900 $143,000
2018 $2,711 $198,900 $70,900 $128,000
2017 $2,607 $193,800 $70,900 $122,900
2016 $2,453 $181,300 $68,400 $112,900
2015 $2,500 $191,300 $68,400 $122,900
2014 $2,565 $199,600 $65,000 $134,600
Source: Public Records

Agents Affiliated with this Home

  • Jane Sorenti

    Seller's Agent in 2024

    Jane Sorenti

    Sorenti Properties LLC

    (508) 294-7971

    1 in this area

    45 Total Sales

    Jane Sorenti
    Section Image

  • G

    Buyer's Agent in 2024

    Gregory W Nowak

    Craigville Realty Co

    (508) 737-4095

    2 in this area

    77 Total Sales

    Gregory W Nowak
    Section Image
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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22400472

Cape Cod & Islands Association of REALTORS®

APN: WARE-000061-000000-001071

Massachusetts Plymouth County Wareham 02571 Wareham Center

402 Main St, Wareham, MA

Not Listed for Sale

MultiFamily

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