NOT LISTED FOR SALE

48-50 High St Amherst, MA 01002

Estimated Value: $517,000 - $673,000

3 Beds
2 Baths
1,785 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $490,000 $275 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,092/month

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Amherst Regional Middle School Rated A-
  • Property is near public transit
  • 1 Fireplace

About This Home

As of January 2023

Great 2 Family Property centrally located in beautiful Amherst, MA. Ideal Home or College Rental. Charming Craftsman Home with Large Lot, Attached Garage and 4 Highly Sought after Off- Street Parking. Plenty of City Amenities including Public Transportation, Nightlife, Restaurants, Universities and More!!! Well Maintained with Updated Mechanicals and Newer Roof. Interior and Exterior Recently Painted. Finish the Unfinished Basement or enjoy additional storage. This is an Amazing Opportunity for an Investor or Owner Occupied Property.

Last Agent to Sell the Property

Christopher Piccoli

Joseph Artioli Listed on: 12/12/2022

Last Buyer's Agent

Stiles & Dunn

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,906

Year Built

  • Built in 1912

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,785 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Bulkhead
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $1,000
  • Rent includes unit 1(other (see remarks))
  • Assessor Parcel Number M:0014B B:0000 L:0081,3009702

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,906

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1912
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Internet Available - Unknown), Unit 2(High Speed Internet Hookup,Internet Available - Broadband,Internet Available - DSL)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Bulkhead, Concrete
  • Living Area: 1785
  • Stories Total: 3
  • MAIN LO: AN7444
  • MAIN SO: M80028

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Radiators,Oil), Unit 2(Hot Water Radiators,Oil)
  • Cooling Y N: No
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, University
  • Rent Includes: Unit 1(Other (See Remarks))

Lot Info

  • Parcel Number: M:0014B B:0000 L:0081,3009702
  • Zoning: R-O
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12795
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7906

Multi Family

  • Net Operating Income: 12000
  • Number Of Units Total: 2
  • Total Actual Rent: 1000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Chase Lynne and Maloney James A
Bought by
Mills Jesse J and Spence Kimberly V
Current Estimated Value
$588,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$237,759
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$350,293

Purchase Details

Closed on
Nov 22, 1996
Sold by
Riddle Deanne S
Bought by
Chase Lynn and Harris Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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
Mills Jesse J $340,000 --
Chase Lynn $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Jesse J $272,000
Previous Owner Chase Lynn $237,250
Previous Owner Chase Lynn $36,000
Previous Owner Chase Lynn $25,000
Previous Owner Chase Lynn $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $490,000 +8.9% $275 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $449,900 -- $252 / 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 $91 $504,400 $202,400 $302,000
2024 $8,572 $463,100 $190,900 $272,200
2023 $8,209 $408,400 $173,500 $234,900
2022 $7,906 $371,700 $157,800 $213,900
2021 $7,857 $360,100 $146,200 $213,900
2020 $7,677 $360,100 $146,200 $213,900
2019 $7,429 $340,800 $146,200 $194,600
2018 $7,205 $340,800 $146,200 $194,600
2017 $7,018 $321,500 $139,200 $182,300
2016 $6,822 $321,500 $139,200 $182,300
2015 $6,604 $321,500 $139,200 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73063059

MLS Property Information Network (MLS PIN)

APN: AMHE-000014B-000000-000081