Seller's Agent in 2024
Dee Kerner
Compass
(508) 277-9881
1 in this area
53 Total Sales
5 Mill St Northborough, MA 01532
Estimated Value: $908,384
8
Beds
3.5
Baths
4,843
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Waterfront
- Property is near public transit and schools
- Wood Flooring
- Marion E. Zeh Elementary School Rated 9+
- Cathedral Ceiling
- 3-minute walk to Northborough Town Common Park
About This Home
As of April 2024Mixed use multi-family in the highly desirable heart of Northborough, looking over a beautiful tranquil pond. Newly Updated and MOVE IN READY commercial unit, with TWO residential units, currently rented, Commercial & Unit A, New Furnaces & Water Heater, Unit B Furnace 2021, Commercial unit includes a reception area and 3 separate offices/treatment rooms & 1/2 bath. Residential units have never been vacant during the period of ownership. Beautiful townhouse-style unit at the rear of the property with a primary bedroom on the main level with a walk-out to the lawn. Townhouse features 3 bedrooms, 2 baths, open floor plan with large center island in spacious, well-appointed kitchen, stainless appliances, hardwood flooring and more! The second townhouse style unit features 4 bedrooms with 1 full bath, & office. This property is next to the fire station on a dead end street. Easy access to Rt. 20, shopping, restaurants & much more. All Offers due on Monday 1/29 at 6:00 PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,889
Year Built
- Built in 1900
Lot Details
- 0.33 Acre Lot
- Waterfront
- Corner Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,843 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
- Crawl Space
Parking
- 8 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Schools
- Melican Middle School
- Algonquin High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $6,450
- Rent includes unit 2(water), unit 3(water)
- Assessor Parcel Number 1631879
Community Details
Overview
- 3 Units
- Property has 2 Levels
Amenities
- Shops
Recreation
- Jogging Path
Building Details
- Insurance Expense $1,800
- Water Sewer Expense $1,900
- Operating Expense $4,500
- Net Operating Income $73,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2023
Sold by
Arora Mansi and Arora Ajay
Bought by
Mahavira Llc
Current Estimated Value
Purchase Details
Closed on
Nov 1, 1985
Bought by
Northwind Rt
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahavira Llc | -- | None Available | |
| Northwind Rt | $195,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2024 04/03/24 | Sold | $860,000 | +7.5% | $178 / Sq Ft | |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- | |
| 01/25/2024 01/25/24 | For Sale | $800,000 | +73.0% | $165 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $462,500 | -15.9% | $101 / Sq Ft | View Prior Sale |
| 10/25/2017 10/25/17 | Pending | -- | -- | -- | |
| 10/10/2017 10/10/17 | For Sale | $550,000 | -- | $120 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,793 | $757,400 | $232,600 | $524,800 |
| 2024 | $8,868 | $621,000 | $188,300 | $432,700 |
| 2023 | $8,941 | $604,500 | $177,600 | $426,900 |
| 2022 | $7,889 | $478,400 | $169,100 | $309,300 |
| 2021 | $7,925 | $462,900 | $153,600 | $309,300 |
| 2020 | $7,868 | $456,100 | $153,600 | $302,500 |
| 2019 | $8,042 | $468,900 | $173,200 | $295,700 |
| 2018 | $8,196 | $471,300 | $169,600 | $301,700 |
| 2017 | $7,897 | $454,100 | $169,600 | $284,500 |
| 2016 | $7,797 | $454,100 | $169,600 | $284,500 |
| 2015 | $7,549 | $451,200 | $173,100 | $278,100 |
| 2014 | $7,339 | $442,400 | $173,100 | $269,300 |
Source: Public Records
Agents Affiliated with this Home
-
Dee Kerner
-
Lisa Pazol
Seller's Agent in 2017
Lisa Pazol
Keller Williams Elite
(508) 733-6447
1 in this area
59 Total Sales
-
Jeet Shahani
Buyer's Agent in 2017
Jeet Shahani
Compass
(617) 216-1492
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73196456
APN: NBOR-000540-000000-000048
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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