$344,000
SOLD OCT 11, 2023

403 Main St Unit 405 Indian Orchard, MA 01151

6 Beds
2 Baths
2,936 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

1% Above List Price

14 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Level Lot
  • 2 Fireplaces

About This Home

As of October 2023

Owner occupants take notice! Turn key two family with detached two car garage in convenient Indian Orchard location. First floor is VACANT and freshly turned and move in ready! Second floor tenant has lived there for 3 years, is on a month-to-month lease and has excellent payment history. Second floor fully de-leaded with lead cert. Roof and siding have been redone 7 years ago APO. Minutes to the Mass Pike in Ludlow and close to tons of area amenities.

Last Agent to Sell the Property

Kathryn Daviau

Lock and Key Realty Inc. Listed on: 07/25/2023

Lock and Key Realty Inc.

Last Buyer's Agent

Arthur Richton

Teamwork Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1927

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,936 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Net Operating Income $15,000

Listing and Financial Details

  • Total Actual Rent $1,250
  • Assessor Parcel Number S:08132 P:0192,2593644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,890

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1927
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2936
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 115.46
  • PRICE PER Sq Ft: 117.17
  • MAIN SO: AC1952

Exterior Features

  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:08132 P:0192,2593644
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • PAGE: 513
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4890
  • Tax Book Number: 22077

Multi Family

  • Gross Income: 15000
  • Net Operating Income: 15000
  • Number Of Units Total: 2
  • Total Actual Rent: 1250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Mister Mister Llc
Bought by
Lachenauer Llc
Total Days on Market
14
Current Estimated Value
$382,700

Purchase Details

Closed on
Feb 28, 2018
Sold by
Desautels Eleanor M
Bought by
Mister Mister Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,350
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,769 FHA
Previous Owner $419,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $344,000 +1.5% $117 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $339,000 0.0% $115 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $339,000 -- $115 / 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 $5,295 $337,700 $43,000 $294,700
2024 $4,850 $302,000 $40,200 $261,800
2023 $4,890 $286,800 $32,900 $253,900
2022 $4,203 $223,300 $30,800 $192,500
2021 $3,909 $206,800 $28,000 $178,800
2020 $3,888 $199,100 $28,000 $171,100
2019 $3,393 $172,400 $29,000 $143,400
2018 $3,312 $168,300 $29,000 $139,300
2017 $3,108 $158,100 $24,700 $133,400
2016 $2,931 $149,100 $24,700 $124,400
2015 $2,939 $149,400 $24,700 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73140376

MLS Property Information Network (MLS PIN)

APN: SPRI-008132-000000-000192