NOT LISTED FOR SALE

438 Main St West Townsend, MA 01474

Estimated Value: $506,000 - $604,000

9 Beds
4 Baths
4,230 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $374,000 $88 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,585/month

49 Days on Market

About This Home

As of June 2020

Great opportunity to purchase this newly renovated 3 unit apartment building. Become a landlord or live in one unit and rent the other two units. Unit 2 and 3 have been completed renovated. Each unit is currently rented. All units have 6 rooms, 3 bedrooms and a full bath. All utilities are metered individually. Tenants are at Will with no leases. Full basement with common coin operated laundry room and storage for tenants. Plenty of off street parking.

Last Agent to Sell the Property

Janet Cramb

LAER Realty Partners / Janet Cramb & Company Listed on: 03/10/2020

LAER Realty Partners / Janet Cramb & Company

Last Buyer's Agent

John Psiakis

Citylight Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 1890

Lot Details

  • 5,663

Flooring

  • Laminate
  • Tile

Utilities

  • Private Sewer

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0048 B:0016 L:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,978

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 87.23
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Varies Per Unit, Laminate
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 18
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN1199
  • Main So: AN4339
  • Estimated Sq Ft: 4230.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Fiber Cement Siding
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Conservation Area, House of Worship, Public School

Lot Info

  • Assessments: 264200.00
  • Acre: 0.13
  • Lot Size: 5445.00
  • Page: 79
  • Parcel Number: M:0048 B:0016 L:0000
  • Zoning: NCD
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 3650
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5157.00
  • Assessor Parcel Number: 806087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 3, 2020
Sold by
Cramb Matthew and Cramb Tialynn M
Bought by
Mejia Edwin A and Mejia Edita
Seller's Agent
Janet Cramb
LAER Realty Partners / Janet Cramb & Company
Buyer's Agent
John Psiakis
Citylight Homes LLC
List Price
$369,000
Sold Price
$374,000
Premium/Discount to List
$5,000
1.36%
Current Estimated Value
$552,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,654
Avg. Annual Appreciation
8.09%
Original Mortgage
$361,517
Outstanding Balance
$323,274
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$229,380

Purchase Details

Closed on
Aug 21, 2019
Sold by
Cramb Matthew and Scirocco Tialynn
Bought by
Cramb Matthew and Cramb Tialynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,192
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 29, 2016
Sold by
Preston E Hayward Ret
Bought by
Cramb Matthew and Scirocco Tialynn
Seller's Agent
Laura Shifrin
Townsend Center Realty
Buyer's Agent
Janet Cramb
LAER Realty Partners / Janet Cramb & Company
List Price
$219,900
Sold Price
$219,000
Premium/Discount to List
-$900
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$218,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2015
Sold by
Hayward P E
Bought by
Preston E Hayward Ret

Purchase Details

Closed on
Oct 5, 1979
Bought by
P Edward Hayward Ret
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
Mejia Edwin A $374,000 None Available
Cramb Matthew -- --
Cramb Matthew $219,000 --
Preston E Hayward Ret -- --
P Edward Hayward Ret $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Edwin A $100,000
Open Mejia Edwin A $361,517
Previous Owner Cramb Matthew $293,192
Previous Owner Cramb Matthew $218,000
Previous Owner P Edward Hayward Ret $10,500
Previous Owner Hayward P Edward $105,000
Previous Owner P Edward Hayward Ret $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $374,000 +1.4% $88 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $369,000 0.0% $87 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $369,000 0.0% $87 / Sq Ft
03/01/2017 03/01/17 Rented $1,300 -3.7% --
01/28/2017 01/28/17 Under Contract -- -- --
01/05/2017 01/05/17 Price Changed $1,350 -10.0% $1 / Sq Ft
12/15/2016 12/15/16 For Rent $1,500 0.0% --
06/29/2016 06/29/16 Sold $219,000 0.0% $47 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
03/26/2016 03/26/16 Price Changed $219,000 -0.4% $47 / Sq Ft
03/10/2016 03/10/16 For Sale $219,900 +0.4% $47 / Sq Ft
03/01/2016 03/01/16 Off Market $219,000 -- --
04/14/2015 04/14/15 For Sale $239,900 -- $51 / 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 $5,978 $411,700 $71,900 $339,800
2024 $5,933 $411,700 $71,900 $339,800
2023 $5,657 $370,700 $65,300 $305,400
2022 $6,185 $351,200 $56,800 $294,400
2021 $5,871 $320,300 $56,200 $264,100
2020 $5,157 $264,200 $50,000 $214,200
2019 $4,715 $243,900 $50,000 $193,900
2018 $4,295 $212,000 $50,000 $162,000
2017 $4,190 $213,000 $53,300 $159,700
2016 $4,611 $232,900 $53,300 $179,600
2015 $4,907 $256,799 $55,500 $201,299
2014 $4,892 $249,999 $50,000 $199,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72631221

MLS Property Information Network (MLS PIN)

APN: TOWN-000048-000016