NOT LISTED FOR SALE

48 E Main St Merrimac, MA 01860

Estimated Value: $346,000 - $483,965

4.56 Acres
$95,612 Price per Acre
198,634 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $250,000

Est. 74% increase in value since last sale

Current estimated payment $2,907/month

127 Days on Market

Highlights

  • 4.56 Acre Lot
  • No HOA
  • Coin Laundry
  • Property is near public transit
  • Shops

About This Lot

As of January 2023

4.5+ acre development parcel on East Main Street in Merrimac. This wooded parcel is zoned AR, which will allow a variety of uses by right or exception. There is currently a small home, which would likely be razed to develop for your dream home or other use. This is an estate sale, the sellers have no knowledge of the property. All information was obtained from public records, prospective buyers should perform due diligence with regard to approved uses.

Last Agent to Sell the Property

Faulkner & Associates

Keller Williams Realty Listed on: 07/11/2022

Keller Williams Realty

Co-Listed By

Janet Faulkner

Keller Williams Realty

Last Buyer's Agent

Shailyn Harrington

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,626

Year Built

  • 1955

Lot Details

  • 4.56 Acre Lot
  • Property fronts a state road
  • Sloped Lot
  • Property is zoned AR

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 0019A / 0001
  • Assessor Parcel Number M:0017 B:0001 L:019A,2032723

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Property Details

Property Type

Land

Est. Annual Taxes

$4,626

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Transaction Broker: 2.0
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built (Public Record): 1955

Interior Features

  • MAIN LO: G95022
  • MAIN SO: C95098

Exterior Features

  • Road Frontage Type: Public, State Road
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Private Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0017 B:0001 L:019A,2032723
  • Zoning: AR
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 4.56
  • Lot Size Area: 4.56
  • Lot Size Sq Ft: 198634
  • Lot Size Units: Acres
  • PAGE: 439
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4626
  • Tax Block: 0001
  • Tax Book Number: 32838
  • Tax Lot: 0019A
  • Tax Map Number: 0017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jan 6, 2023
Sold by
Beatrice Chester C Est
Bought by
Zaneski Brian and Zaneski Carolina
Seller's Agent
Faulkner & Associates
Keller Williams Realty
Buyer's Agent
Shailyn Harrington
Keller Williams Realty Evolution
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%
Total Days on Market
127
Views
43
Current Estimated Value
$435,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,991
Avg. Annual Appreciation
25.84%
Original Mortgage
$302,500
Interest Rate
6.58%
Mortgage Type
Construction
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
Zaneski Brian $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Kenneth $441,500
Closed Zaneski Brian $302,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $250,000 -28.6% --
11/16/2022 11/16/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $350,000 -- --
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 $5,512 $416,000 $369,400 $46,600
2024 $5,403 $400,200 $348,600 $51,600
2023 $5,053 $342,100 $297,700 $44,400
2022 $4,626 $283,100 $242,800 $40,300
2021 $4,277 $262,400 $223,200 $39,200
2020 $3,905 $262,400 $223,200 $39,200
2019 $3,651 $230,900 $195,700 $35,200
2018 $3,455 $219,200 $184,000 $35,200
2017 $3,096 $189,500 $156,500 $33,000
2016 $3,051 $188,800 $156,500 $32,300
2015 $2,792 $171,800 $141,400 $30,400
2014 $2,730 $171,800 $141,400 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73010186

MLS Property Information Network (MLS PIN)

APN: MERR-000017-000001-000019-A000000-A000000