NOT LISTED FOR SALE

51 W Main St Ware, MA 01082

Estimated Value: $254,000 - $369,000

6 Beds
3 Baths
3,158 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $305,000 $97 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,155/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Shops
  • Medical Services
  • Park
  • 2-minute walk to Veteran's Memorial Park

About This Home

As of May 2022

FINANCING FELL THROUGH - ATTENTION INVESTORS & SAVVY HOME BUYERS…Crisp, Clean & Well Maintained describes this Vinyl Sided THREE FAMILY property w/3 Car Detached Garage w/Loft Space offering excellent cash flow potential in a convenient location! Recent quality updates include (APO): Updated Roof, Bathrooms, Kitchens, Flooring and Back Stairs to 2nd Floor Unit. Spacious Apartments with separate utilities offering multiple layouts to suit most tenants or owner occupants' needs. A real bonus is the future potential to finished the loft space above the garages - Buyer to verify any intended uses with the Town. This is an ideal property for any Buyer looking to offset their mortgage or stand by and collect the positive cash flow…Located near Restaurants, Shops, Schools & Highway Access making this a prime location. This hard to find 3 Family Home makes dollars and cents...MAKE YOUR APPOINTMENT TODAY!

Last Agent to Sell the Property

Kelley And Katzer Team

Kelley & Katzer Real Estate, LLC Listed on: 05/26/2022

Last Buyer's Agent

Ishtyaq Nazim

Realty World

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1880

Lot Details

  • 10,454

Parking

  • 3 Car Garage
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,158 Sq Ft Home
  • Interior Basement Entry
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters
  • Electric Water Heater

Additional Features

  • Bulkhead
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $2,925
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 3419489

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $35,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,402

Year Built

Built in 1880

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl,Carpet,Varies Per Unit
  • Interior Amenities: Other (See Remarks), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Interior Entry, Bulkhead
  • Living Area: 3158
  • Stories Total: 5
  • MAIN LO: AC1608
  • LIST PRICE PER Sq Ft: 96.58
  • PRICE PER Sq Ft: 96.58
  • MAIN SO: AN0174

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 3419489
  • Zoning: DTC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.4
  • Lot Size Units: Acres
  • LOT SIZE: 10247
  • PAGE: 0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3402.35
  • Tax Book Number: 0

Multi Family

  • Gross Income: 35100
  • Net Operating Income: 35100
  • Number Of Units Total: 3
  • Total Actual Rent: 2925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2011
Sold by
Fnma
Bought by
Ne Equities Llc
Current Estimated Value
$327,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2010
Sold by
Francis Karen L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 17, 1996
Sold by
Girard Alvenia M and Girard Claude
Bought by
Francis Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,806
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
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
Ne Equities Llc $105,000 --
Federal National Mortgage Association $174,241 --
Francis Karen L $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenou Jean P $302,000
Closed Kenou Jean P $299,475
Open New England Equities L $575,000
Closed New England Equities L $50,000
Closed Ne Equities Llc $105,000
Previous Owner Francis Karen L $165,000
Previous Owner Francis Karen L $103,500
Previous Owner Francis Karen L $105,000
Previous Owner Francis Karen L $104,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $305,000 0.0% $97 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $305,000 -- $97 / 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 $4,315 $286,500 $27,700 $258,800
2024 $4,626 $283,300 $26,200 $257,100
2023 $3,780 $219,000 $24,700 $194,300
2022 $3,528 $182,400 $22,800 $159,600
2021 $3,402 $168,600 $22,800 $145,800
2020 $3,439 $166,700 $22,800 $143,900
2019 $3,369 $166,700 $22,800 $143,900
2018 $3,378 $163,100 $16,000 $147,100
2017 $3,332 $160,400 $18,300 $142,100
2016 $3,242 $160,400 $18,300 $142,100
2015 $3,152 $160,400 $18,300 $142,100
2014 $3,122 $170,500 $18,400 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72988131

MLS Property Information Network (MLS PIN)

APN: WARE-000060-000000-000212