NOT LISTED FOR SALE

47 Railroad Ave Rowley, MA 01969

Estimated Value: $938,000 - $1,038,104

8 Beds
6 Baths
5,778 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $750,000 $130 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,305/month

22 Days on Market

About This Home

As of December 2021

Attention First-Time Home Buyers and Renovators! Rare opportunity to bring your creative renovation ideas and/or your home-based business to this HUGE 2-family home! More than 5,500 SQ FT to work with and the options are limitless...relocate your business, start a new home business, continue with the current rentals, convert to townhomes or rebuild at this great location. This property features a high-end septic system, fenced backyard, parking for 12, in-ground pool, garden area, and it’s located just a few minutes from the Rowley T-Station!

Last Agent to Sell the Property

Al Beaudoin

Keller Williams Realty Listed on: 08/18/2021

Keller Williams Realty

Last Buyer's Agent

Treetop Realty Group

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,346

Year Built

  • 1969

Lot Details

  • 1.25

Additional Features

  • Property has 2 Levels
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,346

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Wall Oven,Dishwasher,Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Has Basement: Finished, Slab
  • Total Bathrooms: 5.5
  • MAIN LO: G95022
  • LIST PRICE PER Sq Ft: 136.71
  • PRICE PER Sq Ft: 129.8
  • MAIN SO: G95022
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood,Tile,Vinyl,Laminate,Pine, Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Mudroom)
  • Stories: 5

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Home Warranty: No
  • Lot Features: Corner Lot, Gentle Sloping
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Conservation Area, T-Station
  • HOA Rent Includes: Unit 1(Heat,Electric,Water), Unit 2(Heat,Electric,Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 54375
  • PAGE: 123
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 54450
  • Zoning: RES

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 2: 2
  • Annual Gross Income: 54600
  • Property Net Operating Income: 54600
  • Number Of Units Total: 2
  • Total Actual Rent: 4550

Tax Info

  • Tax Annual Amount: 8874
  • Tax Book Number: 18263
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 14, 2021
Sold by
Bailey Ellen
Bought by
Barreto Seydyss O
Seller's Agent
Al Beaudoin
Keller Williams Realty
Buyer's Agent
Treetop Realty Group
Keller Williams Realty
List Price
$789,900
Sold Price
$750,000
Premium/Discount to List
-$39,900
-5.05%
Current Estimated Value
$978,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,727
Avg. Annual Appreciation
8.04%
Original Mortgage
$736,415
Outstanding Balance
$684,464
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$311,562

Purchase Details

Closed on
Jan 31, 2002
Sold by
Laforme John A and Laforme Patricia A
Bought by
Bailey Guy M and Bailey Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Barreto Seydyss O $750,000 None Available
Bailey Guy M $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barreto Seydyss O $736,415
Previous Owner Laforme John $450,000
Previous Owner Laforme John $190,000
Previous Owner Laforme John $198,800
Previous Owner Laforme John $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $750,000 -5.1% $130 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $789,900 -- $137 / 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 $11,346 $964,000 $296,500 $667,500
2024 $10,839 $895,800 $282,500 $613,300
2023 $9,851 $756,600 $245,500 $511,100
2022 $9,083 $621,300 $204,400 $416,900
2021 $8,874 $569,600 $177,900 $391,700
2020 $8,577 $550,500 $169,600 $380,900
2019 $7,817 $532,500 $169,600 $362,900
2018 $7,450 $511,000 $169,600 $341,400
2017 $7,226 $511,000 $169,600 $341,400
2016 $7,051 $491,000 $147,400 $343,600
2015 $6,736 $473,000 $147,400 $325,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72882840

MLS Property Information Network (MLS PIN)

APN: ROWL-000027-000114