NOT LISTED FOR SALE

46 Rice Ave Northborough, MA 01532

Estimated Value: $515,000 - $622,000

3 Beds
2 Baths
1,688 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $317,000 $188 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,527/month

24 Days on Market

About This Home

As of November 2018

*Open House CANCELLED! * Great Opportunity for Rare Multi-Family in Northborough * Perfect Investment to Rent Both Units OR Rent One, Live in the Other! * Wooded Level Lot in Central Location * Unit #1: Studio Apt w/Galley Kitchen, Full Bath & Closet, 535sf; Previously rented for $600 * Unit #2: 3Br, 1 Bath, Living Rm, Dining Rm, 1153sf; Recent Unit#2 Updates within last 2 yrs include: Painting, New Vanity & Fixtures, Carpet, and Flooring in Kitchen & Bath; Previously rented for $1,700 * Single Garage Bay Could be Used for Car or Shared Storage * Slab on Grade Construction * Town Water & Title V Passed * Schedule Your Showing Today!

Last Agent to Sell the Property

Rajit Seth

Andrew J. Abu Inc., REALTORS® License #453013406 Listed on: 09/06/2018

Last Buyer's Agent

James Black

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1960

Lot Details

  • 0.59

Parking

  • 1 Car Garage

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Propane Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0450 L:0132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 192.54
  • Comp Based On: Net Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Levels: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Vinyl / VTC
  • Total Flrs: 2
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Main Lo: K95456
  • Main So: K95491
  • Estimated Sq Ft: 1688.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Frontage: 140.00
  • Construction: Frame, Conventional (2x4-2x6)
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Poured Concrete, Slab
  • Foundation Size: 63 x 30

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Electric, Propane Gas, Varies Per Unit
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Golf Course, Highway Access, Private School, Public School

Lot Info

  • Assessments: 291300.00
  • Lot: 0000
  • Acre: 0.59
  • Lot Size: 25661.00
  • Page: 344
  • Parcel Number: M:0450 L:0132
  • Zoning: RC
  • Lot Description: Wooded, Paved Drive, Gentle Slope

Green Features

  • Energy Features: Prog. Thermostat

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 5066.00
  • Assessor Parcel Number: 1631401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 21, 2018
Sold by
Abusamra Bradford J
Bought by
Jeppson Samuel S and Jeppson Rebecca L
Seller's Agent
Rajit Seth
Andrew J. Abu Inc., REALTORS®
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$339,000
Sold Price
$317,000
Premium/Discount to List
-$22,000
-6.49%
Current Estimated Value
$572,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,664
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Aug 30, 2018
Sold by
Abusamra Linda A
Bought by
Abusamra Bradford J

Purchase Details

Closed on
Nov 7, 2005
Sold by
Smachetti Maria L
Bought by
Abusamra Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2000
Sold by
Lariviere Richard J
Bought by
Smachetti Maria L
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
Jeppson Samuel S $317,000 --
Abusamra Bradford J -- --
Abusamra Linda A $295,000 --
Smachetti Maria L $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abusamra Linda A $236,000
Previous Owner Smachetti Maria L $52,000
Previous Owner Smachetti Maria L $40,000
Previous Owner Smachetti Maria L $174,000
Previous Owner Smachetti Maria L $168,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $317,000 -2.5% $188 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/24/2018 09/24/18 Price Changed $325,000 -4.1% $193 / Sq Ft
09/06/2018 09/06/18 For Sale $339,000 -- $201 / 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 $6,293 $441,600 $241,300 $200,300
2024 $5,661 $396,400 $195,300 $201,100
2023 $5,657 $382,500 $184,200 $198,300
2022 $5,394 $327,100 $175,400 $151,700
2021 $5,157 $301,200 $159,300 $141,900
2020 $5,059 $293,300 $159,300 $134,000
2019 $5,443 $317,400 $159,300 $158,100
2018 $5,066 $291,300 $154,300 $137,000
2017 $4,821 $277,200 $154,300 $122,900
2016 $4,663 $271,600 $150,900 $120,700
2015 $4,159 $248,600 $159,200 $89,400
2014 $4,031 $243,000 $159,200 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72391370

MLS Property Information Network (MLS PIN)

APN: NBOR-000450-000000-000132