NOT LISTED FOR SALE

499 Mechanic St Leominster, MA 01453

Estimated Value: $584,000 - $664,000

4 Beds
3 Baths
2,340 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $640,000 $274 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,932/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Attic
  • Medical Services
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2024

Fantastic opportunity to own a Two-Family in excellent condition with curb appeal in a great commuter location. Pride of ownership is evident in this impeccably maintained property both inside and out. Corner lot, great attention to exterior landscaping, 3-zone sprinkler system, fully rebuilt front porch addition. Plenty of parking in paved driveway, plus a detached 2-car garage. Thoughtful upgrades throughout both units – all hardwood flooring throughout, kitchen w/ granite counters & SS appliances. Both furnaces (1 for each unit) new in 2015, house is generator ready. Mini-split heat pump/AC units (1 on each level). Both tenants are TAW – 60 day notice is to be honored if they do not remain. **OFFER DEADLINE MONDAY 5/6 at 3PM WITH 48 HRS. FOR SELLER REVIEW**

Last Agent to Sell the Property

Suzie Crossman

Keller Williams Realty-Merrimack Listed on: 04/30/2024

Keller Williams Realty-Merrimack

Last Buyer's Agent

Dan Bondzie

TopHills Realty Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Screened Porch
  • Storage
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 2 Cooling Zones
  • Forced Air Heating System
  • 2 Heating Zones
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,350
  • Assessor Parcel Number M:0156 B:0331 L:0000,1580434

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

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

Additional Features

  • 2 Units
  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1940
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Walk-Up Attic, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Bulkhead
  • Living Area: 2340
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: G95166
  • LIST PRICE PER Sq Ft: 252.09
  • PRICE PER Sq Ft: 273.5
  • MAIN SO: NB5315

Exterior Features

  • Exterior Features: Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 100
  • Home Warranty YN: No
  • Patio And Porch Features: Screened
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0156 B:0331 L:0000,1580434
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10894
  • Lot Size Units: Acres
  • PAGE: 47
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5600
  • Tax Book Number: 4260

Multi Family

  • Gross Income: 40200
  • Net Operating Income: 40200
  • Number Of Units Total: 2
  • Total Actual Rent: 3350
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2013
Sold by
Marino Micahel A
Bought by
499 Mechanic Street Rt and Marino Michael A
Current Estimated Value
$631,400

Purchase Details

Closed on
Jan 15, 2008
Sold by
Marino Michael and Edwards Shirley Jean
Bought by
Marino Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
Lorraine C Charette T and Rogers Norman J
Bought by
Marino Michael and Marino Shirley
Source: Public Records

Range of Values:

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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
499 Mechanic Street Rt -- --
499 Mechanic Street Rt -- --
Marino Michael A -- --
Marino Michael A -- --
Marino Michael $206,000 --
Marino Michael $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mokoena Lydia $440,000
Closed Mokoena Lydia $440,000
Previous Owner Marino Michael $158,135
Previous Owner Marino Michael $25,000
Previous Owner Marino Michael A $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $640,000 +8.5% $274 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $589,900 -- $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 $5,909 $421,200 $120,900 $300,300
2024 $5,607 $386,400 $115,100 $271,300
2023 $5,349 $344,200 $100,100 $244,100
2022 $5,099 $307,900 $87,000 $220,900
2021 $4,810 $265,300 $67,700 $197,600
2020 $4,770 $265,300 $67,700 $197,600
2019 $4,357 $235,000 $64,500 $170,500
2018 $4,243 $219,500 $62,600 $156,900
2017 $3,567 $180,800 $58,500 $122,300
2016 $3,405 $173,900 $58,500 $115,400
2015 $3,219 $165,600 $58,500 $107,100
2014 $3,255 $172,300 $61,800 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73230266

MLS Property Information Network (MLS PIN)

APN: LEOM-000156-000331