NOT LISTED FOR SALE

41 Lincoln St Medway, MA 02053

Estimated Value: $495,000 - $627,000

6 Beds
2 Baths
2,168 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $425,000 $196 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,688/month

5 Days on Market

About This Home

As of October 2021

INVESTORS / OWNER OCCUPIED ~ Great opportunity for someone with this hard to find multi family with (2) two units in building and a 2 car detached garage~UNIT 1- has 5 rooms/2 bedrooms/living room/dining room/eat-in kitchen and full bath as well as laundry area (TAW) ~ UNIT 2- has 7 Rms/4 bedrooms/living room/dining room/kitchen/full bath/laundry area (2 floors) - (TAW) ~ Separate detached 2 car garage for additional rental income~Separate utilities for electric, heat~24 hr notice for showings please thank you! ANY AND ALL OFFERS DUE BY SUNDAY SEPTEMBER 12th 5:00p.m. Please give until Mon Sept 13th 5:00pm for response thank you!

Last Agent to Sell the Property

Bob Carey

Carey Realty Group, Inc. Listed on: 09/08/2021

Last Buyer's Agent

Michael Rawding

Rawding Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,847

Year Built

  • 1927

Lot Details

  • 0.39

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,847

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: OFF RT 109 OR VILLAGE STREET
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1927

Interior Features

  • Has Basement: Bulkhead, Sump Pump, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN0574
  • LIST PRICE PER Sq Ft: 179.43
  • PRICE PER Sq Ft: 196.03
  • MAIN SO: AC1567
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: 24 Hour Notice To Coordinate Showings With Current Tenants.
  • Exclusions: Washer & Dryers In Units Belong To Tenants - Also Refrigerators
  • Lot Features: Cleared
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 8

Utilities

  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 16988
  • PAGE: 35
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 16988.4
  • Zoning: RES

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 30600
  • Property Net Operating Income: 30600
  • Number Of Units Total: 2
  • Total Actual Rent: 2550

Tax Info

  • Tax Annual Amount: 6224.49
  • Tax Book Number: 26039
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 1, 2021
Sold by
Morrison Hans W and Morrison Jennifer H
Bought by
Stephali Rt
Seller's Agent
Bob Carey
Carey Realty Group, Inc.
Buyer's Agent
Michael Rawding
Rawding Realty
List Price
$389,000
Sold Price
$425,000
Premium/Discount to List
$36,000
9.25%
Current Estimated Value
$573,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,052
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
May 31, 2012
Sold by
Harrington James C and Harrington Barbara M
Bought by
Morrison Jennifer H and Morrison Hans W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
3.84%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 15, 2008
Sold by
Harrington James C and Harrington Barbara M
Bought by
Morrison Jennifer H and Morrison Hans W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1999
Sold by
Fubar Ft
Bought by
Powers Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Stephali Rt $425,000 None Available
Morrison Jennifer H -- --
Morrison Jennifer H -- --
Powers Thomas J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Jennifer H $241,500
Previous Owner Morrison Jennifer H $250,000
Previous Owner Harrington James C $105,000
Previous Owner Harrington James C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $425,000 +9.3% $196 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $389,000 -- $179 / 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
2024 $6,847 $475,500 $286,300 $189,200
2023 $6,459 $405,200 $237,200 $168,000
2022 $6,435 $380,100 $210,700 $169,400
2021 $6,224 $356,500 $194,300 $162,200
2020 $5,989 $342,200 $180,000 $162,200
2019 $5,885 $346,800 $180,000 $166,800
2018 $5,794 $328,100 $155,400 $172,700
2017 $5,826 $325,100 $155,400 $169,700
2016 $5,400 $298,200 $137,400 $160,800
2015 $5,122 $280,800 $122,700 $158,100
2014 $5,509 $292,400 $130,900 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72891388

MLS Property Information Network (MLS PIN)

APN: MEDW-000048-000000-000106