NOT LISTED FOR SALE

50 Elm St Webster, MA 01570

Estimated Value: $562,808 - $635,000

8 Beds
3 Baths
4,407 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $515,000 $117 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,774/month

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Tennis Courts
  • Medical Services
  • Wood Flooring
  • 5-minute walk to May Street Park

About This Home

As of May 2022

This is the one you have been waiting for!! This well cared for 3 unit in Webster is an incredible find!! 3 units, 2-3 bedroom and 1-2 bedroom units in great condition with tons of parking and a 3 car garage!! Mostly replacement windows, updated heating systems, tons of updates!! The third floor is stunning, and perfect for an owner occupied to live in and have some rent helpers below! Third floor has huge kitchen island, updated appliances, on demand hot water, forced air gas heating and central air!! Floors are refinished is a gorgeous unit!! Units 1 and 2 have a great amount of updates, 3 bedrooms, eat-in kitchen, living room, dining room and more! Storage areas for each unit, and each unit has a porch outside!! Easy commuting location and low maintenance exterior with vinyl siding!! Tons of storage in the basement, updated circuit breakers and more!

Last Listed By

Jared Meehan

RE/MAX Bell Park Realty Listed on: 03/21/2022

RE/MAX  Bell Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1910

Lot Details

  • 6,534

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,407 Sq Ft Home
  • Window Screens
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • Pboe Elementary School

Utilities

  • No Cooling
  • 1 Cooling Zone
  • 3 Heating Zones
  • Heating Available
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • 6,534 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,675
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks))
  • Assessor Parcel Number 1746172

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $44,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,379

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Oil Water Heater,Gas Water Heater,Water Heater(Varies Per Unit), Utility Connections Varies per Unit
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Basement: Interior Entry, Dirt Floor, Concrete, Unfinished
  • Living Area: 4407
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: BB9146
  • LIST PRICE PER Sq Ft: 99.82
  • PRICE PER Sq Ft: 116.86
  • MAIN SO: AN5193

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(Central Air)
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Other, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))

Lot Info

  • Parcel Number: 1746172
  • Zoning: MR-12
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • LOT SIZE: 6440
  • PAGE: 145

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4379.25
  • Tax Book Number: 60878

Multi Family

  • Gross Income: 44100
  • Net Operating Income: 44100
  • Number Of Units Total: 3
  • Total Actual Rent: 3675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: U
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • Elementary School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Christiansen Michael R
Bought by
Christiansen Larissa
Total Days on Market
6
Current Estimated Value
$589,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,413
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 2, 2013
Sold by
Kaminski Bernice Est
Bought by
Christiansen Michael R
Seller's Agent
Maggie Boynton
William Raveis R.E. & Home Services
Buyer's Agent
Jared Meehan
RE/MAX Bell Park Realty
List Price
$200,000
Sold Price
$184,000
Premium/Discount to List
-$16,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$198,939
Interest Rate
3.35%
Mortgage Type
New Conventional

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
Christiansen Larissa $280,000 --
Christiansen Michael R $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos-Desousa Alexandre $485,144
Closed Christiansen Larissa $297,413
Previous Owner Christiansen Michael R $191,816
Previous Owner Christiansen Michael R $198,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $515,000 +17.1% $117 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $439,900 +139.1% $100 / Sq Ft
12/31/2012 12/31/12 Sold $184,000 -8.0% $42 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $200,000 -- $45 / 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 $6,065 $510,500 $55,000 $455,500
2024 $5,984 $491,300 $52,900 $438,400
2023 $4,645 $371,600 $45,800 $325,800
2022 $4,379 $313,700 $44,500 $269,200
2021 $4,163 $275,700 $44,500 $231,200
2020 $3,504 $232,700 $44,500 $188,200
2019 $2,931 $191,200 $44,500 $146,700
2018 $2,835 $184,200 $44,500 $139,700
2017 $2,643 $174,700 $43,600 $131,100
2016 $2,645 $174,700 $43,600 $131,100
2015 $2,515 $171,300 $42,700 $128,600
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72955461

MLS Property Information Network (MLS PIN)

APN: WEBS-000013-C000000-000018