NOT LISTED FOR SALE

478 Gleasondale Rd Unit 480 Stow, MA 01775

Estimated Value: $692,000 - $834,000

4 Beds
2 Baths
2,201 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $349,900 $159 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,020/month

128 Days on Market

About This Home

As of February 2017

Investors or First Time Buyers this Stow Two Family is a rare find! Currently owner occupied first floor with the second level generating excellent rental income. So much character inside & out including wide pine floors, pocket doors and a wonderful front porch for relaxing. Updates include most windows, water heaters, both heating systems and 5 year old septic. Expansive lot with off street parking for 6+ cars, stone patio for grilling, plenty of space to garden and so much more! Great property for First Time Buyers who can almost live mortgage free! This home is also ideal for investors who want a property that pays for itself while generating income. Easy conversion to a 4 bedroom, 2 bath single family home. Great location for commuters with Action "T" Station 10 minutes away and minutes to to Route 290 & 495. Sold in "as is" condition.

Last Agent to Sell the Property

Aida Resendes

RE/MAX Traditions, Inc. Listed on: 08/21/2016

RE/MAX Traditions, Inc.

Last Buyer's Agent

Patrick Arena

Better Living Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,856

Year Built

  • 1840

Lot Details

  • 0.66

Utilities

  • Private Sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,856

Year Built

1840

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1840

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Bike Path, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Partial, Interior Access
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: Private Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:000U-8 P:034
  • Zoning: R

Multi Family

  • Foundation: irreg
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 9
  • Total Rent_1: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2016
Closed on
Feb 27, 2017
Sold by
Wilkins Ian P and Wilkins Anna H
Bought by
Kendall Erin
Seller's Agent
Aida Resendes
RE/MAX Traditions, Inc.
Buyer's Agent
Patrick Arena
Better Living Real Estate, LLC
List Price
$359,900
Sold Price
$349,900
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$756,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,774
Avg. Annual Appreciation
9.48%
Original Mortgage
$361,446
Outstanding Balance
$300,034
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$456,640

Purchase Details

Closed on
Feb 25, 2011
Sold by
Jackson 3Rd Karl F
Bought by
Wilkins Ian P and Wilkins Anna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,014
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2002
Sold by
Bonazzoli-Bec Anmildred E and Bonazzoli-Be Annmildred E
Bought by
Jackson Karl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.07%
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
Kendall Erin $349,900 --
Wilkins Ian P $315,000 --
Jackson Karl F $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Erin $361,446
Previous Owner Wilkins Ian P $307,014
Previous Owner Jackson Karl F $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $349,900 0.0% $159 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
09/17/2016 09/17/16 Price Changed $349,900 -2.8% $159 / Sq Ft
08/21/2016 08/21/16 For Sale $359,900 -- $164 / 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 $10,856 $623,200 $322,700 $300,500
2024 $8,794 $518,200 $295,600 $222,600
2023 $8,572 $472,800 $268,800 $204,000
2022 $8,276 $423,100 $223,800 $199,300
2021 $8,262 $413,500 $223,800 $189,700
2020 $6,993 $339,300 $186,200 $153,100
2019 $6,935 $344,500 $206,900 $137,600
2018 $6,468 $308,300 $186,200 $122,100
2017 $6,614 $321,200 $188,200 $133,000
2016 $6,332 $316,900 $172,200 $144,700
2015 $5,896 $295,100 $160,900 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72056190

MLS Property Information Network (MLS PIN)

APN: STOW-000008-000000-U000034