NOT LISTED FOR SALE

42 W Main St Ware, MA 01082

Estimated Value: $325,000 - $516,000

5 Beds
3 Baths
2,576 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $255,000 $99 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,408/month

54 Days on Market

Highlights

  • Deck
  • Porch
  • 2-minute walk to Veteran's Memorial Park

About This Home

As of May 2021

Perfect investment property or opportunity for Owner Occupied housing. Two of the 3 units are currently rented and could cover the cost of a mortgage. Newer roof (5 years), apt # 40 has newer boilers (3 years) and new Hot Water heater (2 months), apt # 42 has all new windows and a new porch, boiler is newer (8 years). Common driveway with parking in rear of building. Currently 2 units are occupied and bring in $1,725 per month in rent, and the 3rd unit has rented for $1,200 per month but is currently vacant. Tenants pay for Heat and Electric. Two of the units are "Townhouse" style and one is a 1 bedroom apartment. Town water and sewer for all 3 units. This is an exceptional opportunity for someone interested in acquiring real estate or purchasing a first home with rental income.

Last Agent to Sell the Property

Frank Cowdrey

Jones Group REALTORS® License #452513108 Listed on: 01/26/2021

Jones Group REALTORS®

Last Buyer's Agent

Steve Rovithis

ROVI Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25

Outdoor Features

  • Deck
  • Porch

Utilities

  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00060 B:00000 L:00156

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 93.13
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 5
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: M80028
  • Main So: AN1842
  • Estimated Sq Ft: 2576.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Oil

Lot Info

  • Assessments: 110900.00
  • Acre: 0.25
  • Lot Size: 11005.00
  • Page: 4213
  • Parcel Number: M:00060 B:00000 L:00156
  • Zoning: DTC
  • Lot Description: Paved Drive, Shared Drive

Multi Family

  • Total Levels: 5
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 2288.00
  • Assessor Parcel Number: 3419434
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
May 14, 2021
Sold by
New England Equities Llc
Bought by
Lane Alexis
Seller's Agent
Frank Cowdrey
Jones Group REALTORS®
Buyer's Agent
Steve Rovithis
ROVI Homes
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Current Estimated Value
$383,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,220
Avg. Annual Appreciation
9.22%
Original Mortgage
$250,381
Outstanding Balance
$225,940
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$157,280
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
Lane Alexis $255,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Alexis $250,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $255,000 +6.3% $99 / Sq Ft
03/21/2021 03/21/21 Price Changed $239,900 -5.9% $93 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
02/17/2021 02/17/21 Off Market $255,000 -- --
02/17/2021 02/17/21 Price Changed $252,500 +5.3% $98 / Sq Ft
02/17/2021 02/17/21 For Sale $239,900 0.0% $93 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $239,900 -- $93 / 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 $4,798 $318,600 $27,800 $290,800
2024 $4,799 $293,900 $26,300 $267,600
2023 $4,622 $267,800 $24,800 $243,000
2022 $2,416 $124,900 $22,900 $102,000
2021 $2,321 $115,000 $22,900 $92,100
2020 $2,288 $110,900 $22,900 $88,000
2019 $2,241 $110,900 $22,900 $88,000
2018 $2,305 $111,300 $16,000 $95,300
2017 $2,297 $110,600 $18,300 $92,300
2016 $2,235 $110,600 $18,300 $92,300
2015 $2,173 $110,600 $18,300 $92,300
2014 $2,162 $118,100 $18,500 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72779013

MLS Property Information Network (MLS PIN)

APN: WARE-000060-000000-000156