NOT LISTED FOR SALE

48 W Broadway Gardner, MA 01440

Estimated Value: $494,775 - $581,000

5 Beds
3 Baths
4,489 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $415,000 $92 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,837/month

199 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 1-minute walk to Bickford Playground

About This Home

As of September 2022

Great time to purchase this turn key, three family home producing income! This property is all fixed up and has long term tenants. Very large apartments that have been renovated. Large tarred parking area for your tenants, enough for two cars per apartment. Very large side and back yard. City playground behind backyard. Extra storage on third floor. All separate utilities.

Last Agent to Sell the Property

Thomas Pultorak

Foster-Healey Real Estate Listed on: 02/10/2022

Last Buyer's Agent

Laurie Serpa

Son Rise Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1880

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,489 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit

Utilities

  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $2,950
  • Assessor Parcel Number M:R17 B:23 L:6,3538128

Community Details

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 3 Units
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,451

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl,Hardwood,Wood Laminate
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Electric Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4489
  • Stories Total: 4
  • MAIN LO: H10900
  • MAIN SO: AN5109

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: 220 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access

Lot Info

  • Parcel Number: M:R17 B:23 L:6,3538128
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4451

Multi Family

  • Net Operating Income: 35400
  • Number Of Units Total: 3
  • Total Actual Rent: 2950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Sep 30, 2022
Sold by
Dominion Properties Llc
Bought by
Melanson Jeffrey and Melanson Jason
Seller's Agent
Thomas Pultorak
Foster-Healey Real Estate
Buyer's Agent
Laurie Serpa
Son Rise Real Estate, Inc.
List Price
$414,900
Sold Price
$415,000
Premium/Discount to List
$100
0.02%
Views
32
Current Estimated Value
$545,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,194
Avg. Annual Appreciation
8.49%
Original Mortgage
$311,250
Outstanding Balance
$295,361
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,833

Purchase Details

Listed on
Jun 17, 2014
Closed on
Dec 30, 2014
Sold by
Conti Carmine G
Bought by
Dominion Properties Llc
Seller's Agent
Thomas Pultorak
Foster-Healey Real Estate
Buyer's Agent
Thomas Pultorak
Foster-Healey Real Estate
List Price
$115,000
Sold Price
$80,000
Premium/Discount to List
-$35,000
-30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.63%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Gallant Francese A and Gallant Joseph A
Bought by
Conti Carmine G and Marion Kimberley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melanson Jeffrey $415,000 None Available
Dominion Properties Llc $80,000 --
Dominion Properties Llc $80,000 --
Conti Carmine G $274,900 --
Conti Carmine G $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melanson Jeffrey $311,250
Previous Owner Conti Carmine G $219,920
Previous Owner Conti Carmine G $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $415,000 0.0% $92 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $414,900 0.0% $92 / Sq Ft
08/10/2022 08/10/22 Off Market $415,000 -- --
08/04/2022 08/04/22 For Sale $414,900 0.0% $92 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $414,900 0.0% $92 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $414,900 0.0% $92 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $414,900 +418.6% $92 / Sq Ft
12/30/2014 12/30/14 Sold $80,000 -30.4% $18 / Sq Ft View Prior Sale
11/30/2014 11/30/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $115,000 -- $26 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $474,500 $74,400 $400,100
2024 $5,531 $369,000 $67,600 $301,400
2023 $5,534 $343,100 $66,600 $276,500
2022 $4,839 $260,300 $50,400 $209,900
2021 $4,451 $222,100 $43,900 $178,200
2020 $3,950 $200,100 $43,900 $156,200
2019 $3,784 $187,900 $43,900 $144,000
2018 $3,513 $173,300 $43,900 $129,400
2017 $3,230 $157,700 $43,900 $113,800
2016 $3,228 $157,700 $43,900 $113,800
2015 $3,862 $193,300 $43,900 $149,400
2014 $3,655 $193,700 $48,700 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72941701

MLS Property Information Network (MLS PIN)

APN: GARD-000017R-000023-000006