NOT LISTED FOR SALE

4042-4044 Pine St Palmer, MA 01069

Estimated Value: $380,000 - $425,000

6 Beds
2 Baths
2,081 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $386,000 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,603/month

4 Days on Market

Highlights

  • Wooded Lot
  • Solid Surface Countertops
  • Enclosed Patio or Porch
  • Wood Flooring
  • Jogging Path
  • Bathtub with Shower

About This Home

As of August 2024

Introducing a newly renovated multifamily opportunity in the serene Thorndike section of Palmer, presenting a stylish duplex This property, featuring 3 bedrooms each unit and one bathroom, is an ideal choice for those looking to invest in a rental property or reside in one unit while renting the other Both units in this duplex will be vacant at closing, offering immediate rental potential or perfect for owner-occupiers. Each side boasts fresh updates including new cabinets, granite countertops, and stainless steel appliances, enhancing both functionality and appeal. The contemporary renovations extend to the installations of newer boilers and a newer roof, ensuring low maintenance and peace of mind for the new owners, laundry hook ups in the basement. Prominently, the property includes ample storage solutions with a large garage, adding to the practicality of this investment. The outdoor environment adds significant value, with the duplex positioned on a quiet dead-end street.

Last Agent to Sell the Property

Gold Star Team

Landmark, REALTORS® Listed on: 07/05/2024

Co-Listed By

Ann Marie Martin

Landmark, REALTORS®

Last Buyer's Agent

Brenda Cuoco

Cuoco & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Wooded Lot
  • Garden

Parking

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

Home Design

  • Duplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,081 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Living Room
  • Dining Room
  • Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $3,400
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 3149471

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup
  • Living Area: 2081
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: M39600
  • MAIN SO: AN5669

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: None
  • Heating: Forced Air, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil, Tankless

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3149471
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5835

Multi Family

  • Net Operating Income: 40800
  • Number Of Units Total: 2
  • Total Actual Rent: 3400
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Aug 16, 2024
Sold by
Cruz Avyanna and Izquierdo Idelramon
Bought by
Riesmeyer Eric
Seller's Agent
Gold Star Team
Landmark, REALTORS®
Buyer's Agent
Brenda Cuoco
Cuoco & Co. Real Estate
List Price
$368,000
Sold Price
$386,000
Premium/Discount to List
$18,000
4.89%
Views
43
Current Estimated Value
$403,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,179
Avg. Annual Appreciation
3.77%
Original Mortgage
$383,918
Outstanding Balance
$379,297
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$27,372

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 24, 2022
Sold by
Citadel Projects Llc
Bought by
Cruz Avyanna and Izquierdo Idelramon
Seller's Agent
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
Buyer's Agent
Ann Marie Martin
Landmark, REALTORS®
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$319,113
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 10, 2021
Sold by
King Kathryn M and Grasso Mary T
Bought by
Citadel Projects Llc
Seller's Agent
The Neilsen Team
Neilsen Realty LLC
Buyer's Agent
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
List Price
$170,000
Sold Price
$180,000
Premium/Discount to List
$10,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.44%
Original Mortgage
$196,600
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2009
Sold by
Lech Ruth J
Bought by
Lech Mark H and Ross Patricia Lech
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riesmeyer Eric $391,000 None Available
Cruz Avyanna $325,000 None Available
Citadel Projects Llc $180,000 None Available
Lech Mark H -- --
Lech Mark H -- --
Lech Mark H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riesmeyer Eric $383,918
Previous Owner Cruz Avyanna $319,113
Previous Owner Citadel Projects Llc $196,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $386,000 +4.9% $185 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $368,000 +13.2% $177 / Sq Ft
01/24/2022 01/24/22 Sold $325,000 -7.1% $156 / Sq Ft View Prior Sale
11/27/2021 11/27/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $349,900 +94.4% $168 / Sq Ft
06/14/2021 06/14/21 Sold $180,000 +5.9% $86 / Sq Ft View Prior Sale
05/02/2021 05/02/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $170,000 -- $82 / 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 $6,193 $338,800 $54,300 $284,500
2024 $5,835 $307,600 $49,400 $258,200
2023 $5,717 $285,000 $49,400 $235,600
2022 $3,386 $152,200 $43,300 $108,900
2021 $3,066 $129,800 $47,900 $81,900
2020 $2,980 $125,400 $47,900 $77,500
2019 $2,982 $125,400 $47,900 $77,500
2018 $2,897 $122,800 $46,500 $76,300
2017 $2,826 $122,800 $46,500 $76,300
2016 $2,774 $124,400 $45,200 $79,200
2015 -- $124,400 $45,200 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73260408

MLS Property Information Network (MLS PIN)

APN: PALM-000082-000000-000050