NOT LISTED FOR SALE

48 Water St Southbridge, MA 01550

Estimated Value: $336,000 - $422,000

4 Beds
2 Baths
2,158 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $146,000 $68 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,422/month

About This Home

As of March 2017

INVESTMENT PROPERTY or MORTGAGE HELPER! Well maintained 2-family home. Most of the work has been done for you! Siding, Windows, Insulation, Gas Heating Systems & Hot Water Heaters all updated. Hardwood floors throughout! This home has a 2 car garage & extra off-street parking in the big backyard. All asbestos on pipes has been removed & insulated. Instant income from day 1 -- Current tenant has been there 20 years & hopes to stay. Priced for quick sale!

Last Agent to Sell the Property

Christi Cournoyer

Hometown Realty Associates LLC Listed on: 01/31/2017

Last Buyer's Agent

Christi Cournoyer

Hometown Realty Associates LLC Listed on: 01/31/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,757

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Shared Drive, Cleared
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Electric: Fuses, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Garage Access
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Covered Patio/Deck
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: res
  • Lot: 00001

Multi Family

  • Foundation: unknown
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 1525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 3, 2017
Sold by
Larson Swen E
Bought by
Crane Sean K
Seller's Agent
Christi Cournoyer
Hometown Realty Associates LLC
Buyer's Agent
Christi Cournoyer
Hometown Realty Associates LLC
List Price
$145,900
Sold Price
$146,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$382,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,085
Avg. Annual Appreciation
11.85%
Original Mortgage
$143,355
Outstanding Balance
$118,612
Interest Rate
4.09%
Mortgage Type
FHA
Estimated Equity
$263,473

Purchase Details

Closed on
Jan 12, 2012
Sold by
Swen E Larson Lt and Larson Swen E
Bought by
Larson Swen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2007
Sold by
Larson Swen E
Bought by
Swen E Larson Lt and Larson

Purchase Details

Closed on
Nov 8, 1993
Sold by
Theodoropouls Theodore
Bought by
Larson Swen E
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
Crane Sean K $146,000 --
Crane Sean K $146,000 --
Larson Swen E -- --
Larson Swen E -- --
Swen E Larson Lt -- --
Swen E Larson Lt -- --
Larson Swen E $75,900 --
Larson Swen E $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crane Sean K $143,355
Closed Larson Swen E $143,355
Previous Owner Larson Swen E $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $146,000 +0.1% $68 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $145,900 -- $68 / 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 $4,757 $324,500 $37,000 $287,500
2024 $4,511 $295,600 $30,900 $264,700
2023 $4,234 $267,300 $30,900 $236,400
2022 $3,997 $223,300 $26,400 $196,900
2021 $3,534 $181,800 $26,400 $155,400
2020 $3,259 $167,300 $26,400 $140,900
2018 $3,088 $148,800 $26,400 $122,400
2017 $2,835 $137,800 $26,400 $111,400
2016 $2,785 $137,800 $26,400 $111,400
2015 $2,675 $131,400 $26,400 $105,000
2014 $2,592 $132,000 $26,400 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72114012

MLS Property Information Network (MLS PIN)

APN: SBRI-000049-000084-000001