NOT LISTED FOR SALE

479 5th Massachusetts Turnpike Fitchburg, MA 01420

Estimated Value: $389,759 - $618,000

4 Beds
3 Baths
3,812 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $189,000 $50 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,787/month

88 Days on Market

About This Home

As of July 2014

LOCATION, LOCATION, LOCATION. It is said "Opportunity Only Knocks Once." Don't miss this Opportunity. This unique brick structure has it all. Originally built as a "Brick School House." The building was converted into a 3 Family many years ago. Older but in excellent condition. All 3 rental units are on the first level. The property is surrounded with beautiful grounds. Located at the West End of Fitchburg near the Westminster Town Line. The building sitting on a small knoll just down the street from Oak Hill Country Club. A perfect location for commuters, just seconds off of MA Rt. 2, giving very easy access to both the Highway and the New M.B.T.A. Station currently under construction at the intersection of Rt.-2 & Rt.31. Also note: located about a mile away form the new "GREAT WOLF WATER PARK" "Opening Soon". The Park is estimated to be hiring 400+ employee's

Last Agent to Sell the Property

Rick Cuddy

Foster-Healey Real Estate License #454502073 Listed on: 04/04/2014

Last Buyer's Agent

Althea Bramhall

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$68

Year Built

1872

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1872

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Golf Course, Highway Access, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers
  • Energy: Insulated Windows
  • Basement: Full, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Slate
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Porch
  • Foundation: Irregular

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range

Lot Info

  • Assessor Parcel Number: M:0295 B:0012 L:0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jul 31, 2014
Sold by
Cleghora Oil Inc
Bought by
Parnanen Grace M and Parnanen Andrew W
Seller's Agent
Rick Cuddy
Foster-Healey Real Estate
Buyer's Agent
Althea Bramhall
Real Broker MA, LLC
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%
Current Estimated Value
$521,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,940
Avg. Annual Appreciation
9.34%
Original Mortgage
$179,550
Interest Rate
4.18%
Mortgage Type
New Conventional
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
Parnanen Grace M $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnanen Andrew W $140,000
Closed Parnanen Grace M $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $189,000 -5.5% $50 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $199,900 -- $52 / 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 $68 $504,300 $108,600 $395,700
2024 $6,743 $455,300 $79,700 $375,600
2023 $6,424 $401,000 $67,600 $333,400
2022 $5,637 $320,100 $61,400 $258,700
2021 $5,406 $284,100 $59,900 $224,200
2020 $5,199 $263,800 $56,900 $206,900
2019 $4,147 $202,400 $55,800 $146,600
2018 $3,855 $183,500 $55,200 $128,300
2017 $3,784 $176,100 $55,200 $120,900
2016 $3,764 $177,300 $55,200 $122,100
2015 $3,449 $166,800 $53,700 $113,100
2014 $3,411 $172,000 $56,700 $115,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Cuddy

    Foster-Healey Real Estate

    Section Image

  • A

    Buyer's Agent in 2014

    Althea Bramhall

    Real Broker MA, LLC

    (617) 678-9300

    47 Total Sales

    Althea Bramhall
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71655786

MLS Property Information Network (MLS PIN)

APN: FITC-000295-000012

Massachusetts Worcester County Fitchburg 01420

479 5th Massachusetts Turnpike, Fitchburg, MA

This home is located at 479 5th Massachusetts Turnpike, Fitchburg, MA 01420 since 04 April 2014 and is currently estimated at $521,940, approximately $136 per square foot. This property was built in 1872. 479 5th Massachusetts Turnpike is a home located in Worcester County with nearby schools including Reingold Elementary School, South Street Elementary School, and Crocker Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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