NOT LISTED FOR SALE

409 Boston Rd Billerica, MA 01821

Estimated Value: $1,123,438 - $1,209,000

4 Beds
4.5 Baths
4,997 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,000,000 $200 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,016/month

91 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Barn or Stable
  • Property is near public transit
  • 4-minute walk to Kid's Konnection Playground

About This Home

As of September 2023

**Outstanding opportunity for investors or owner occupant in Billerica! Formerly used as office building. Historic Colonial 2-Family, highlighting its original features; formal living room and dining room with open concept kitchen, ample sized 4+ bedrooms; Total living area does not include finished rooms, spa like attic with soak in tub, basement for potential gym, extra living and/or office space. Large parking area plus 3 car garage/barn with loft space. Unit 2 is occupied TAW. Located in the Center Historic District; 2 mi from US-3; 8 mi from I-95. Approximately 6.5 miles to Wilmington Commuter Rail, approx. 2.5 mi to Country Club of Billerica, 2 miles to Fox Hill Summit Trail, Billerica State Forest, Parks and Ponds. Owner doesn’t have records for commercial use history - Buyer to conduct their own due diligence.

Last Agent to Sell the Property

Jacqueline Souza

Leading Edge Real Estate Listed on: 04/12/2023

Leading Edge Real Estate

Last Buyer's Agent

Peter Scanlan

Coldwell Banker Realty - Belmont

Coldwell Banker Realty - Belmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,843

Year Built

  • Built in 1800 | Remodeled

Lot Details

  • 0.51

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,997 Sq Ft Home
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Insulated Doors

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer

Finished Basement

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

Outdoor Features

  • Bulkhead
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 110 Volts
  • Natural Gas Connected

Additional Features

  • 0.51 Acre Lot
  • Barn or Stable

Listing and Financial Details

  • Total Actual Rent $5,000
  • Rent includes unit 2(heat electric water hot water)
  • Assessor Parcel Number 371769

Community Details

Overview

  • 2 Units
  • Near Conservation Area
  • Property has 3 Levels

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $2,800
  • Insurance Expense $3,500
  • Water Sewer Expense $1,900
  • Operating Expense $11,900
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,843

Year Built

Built in 1800 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1800
  • 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: 5

Interior Features

  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Upgraded Countertops,Bathroom with Shower Stall,Other (See Remarks)), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Door Features: Insulated Doors
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Finished, Walk-Out Access, Interior Entry, Bulkhead
  • Living Area: 4997
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6527
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Deck - Wood,Gutters,Barn/Stable, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • 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: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Electric)
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Electric, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 2(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1900

Lot Info

  • Parcel Number: 371769
  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12843

Multi Family

  • Electric Expense: 2800
  • Insurance Expense: 3500
  • Net Operating Income: 48000
  • Number Of Units Total: 2
  • Operating Expense: 11900
  • Total Actual Rent: 5000
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Boston Grn House Insul
Bought by
Laurindo Marcello S
Current Estimated Value
$1,161,110

Purchase Details

Closed on
Dec 21, 2016
Sold by
Marcellos Renovations
Bought by
Boston Grn House Insul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1990
Sold by
G & C Invest Co
Bought by
Gupta Ram
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Laurindo Marcello S -- --
Boston Grn House Insul -- --
Gupta Ram $255,000 --
Ram Gupta $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boston Grn House Insul $577,000
Previous Owner Ram Gupta $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $1,000,000 -4.8% $200 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $1,050,000 -8.7% $210 / Sq Ft
05/03/2023 05/03/23 Price Changed $1,150,000 -11.5% $230 / Sq Ft
04/12/2023 04/12/23 For Sale $1,300,000 +271.4% $260 / Sq Ft
04/22/2016 04/22/16 Sold $350,000 -11.4% $83 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $395,000 +12.9% $94 / Sq Ft
02/29/2016 02/29/16 Off Market $350,000 -- --
08/12/2015 08/12/15 For Sale $395,000 -- $94 / 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 $10,840 $953,400 $297,400 $656,000
2024 $13,297 $1,177,800 $279,400 $898,400
2023 $12,843 $1,082,000 $241,500 $840,500
2022 $11,266 $891,300 $198,300 $693,000
2021 $19,965 $864,700 $187,500 $677,200
2020 $11,109 $855,200 $180,200 $675,000
2019 $19,104 $779,600 $165,800 $613,800
2018 $7,443 $524,500 $150,700 $373,800
2017 -- $435,500 $221,800 $213,700
2016 -- $423,000 $209,300 $213,700
2015 -- $417,300 $199,400 $217,900
2014 $11,742 $386,700 $168,800 $217,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73097992

MLS Property Information Network (MLS PIN)

APN: BILL-000061-000047