NOT LISTED FOR SALE

51 Washington St Ayer, MA 01432

Estimated Value: $770,000 - $791,007

6 Beds
3 Baths
3,365 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $760,000 $226 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,887/month

4 Days on Market

Highlights

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

About This Home

As of July 2024

This multi-family property is truly a gem! Its prime location within walking distance to downtown Ayer offers the convenience of easy access to restaurants, shopping, and the commuter train station, making it an ideal spot for families and commuters alike. With plenty of off-street parking and yard space, this property provides both convenience and comfort. The large decks for units 1 and 2 are perfect for outdoor relaxation and entertainment. The updated units boast modern features such as granite counters, updated cabinetry, and beautifully renovated bathrooms. Each unit has an interior laundry area with washer and dryer included and all appliances included. The choice of flooring throughout adds a touch of elegance to each unit. With the third-floor unit currently vacant, there's potential for flexibility in occupancy arrangements, whether for an owner-occupied situation or for rental income.

Last Agent to Sell the Property

Lynn Walsh

Coldwell Banker Realty - Leominster Listed on: 05/16/2024

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Judy Cook

Connie Doto Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,365 Sq Ft Home
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:019 B:0000 L:0159,346764

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Insurance Expense $2,500
  • Water Sewer Expense $1,928
  • Operating Expense $5,988
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1905
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Sump Pump
  • Living Area: 3365
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 215.42
  • PRICE PER Sq Ft: 225.85
  • MAIN SO: AC0865

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Steam, Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1928

Lot Info

  • Parcel Number: M:019 B:0000 L:0159,346764
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405
  • Lot Size Units: Acres
  • PAGE: 590
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6396
  • Tax Book Number: 76613

Multi Family

  • Gross Income: 21000
  • Insurance Expense: 2500
  • Net Operating Income: 21000
  • Number Of Units Total: 3
  • Operating Expense: 5988
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2016
Sold by
Patterson Scott
Bought by
Patterson Scott J and Santiago Christiana C
Current Estimated Value
$784,002

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 9, 2016
Sold by
Marshall Adrea S and Us Bank Na Tr
Bought by
Us Bank Na Tr
Seller's Agent
Karen Brown
Century 21 Cardinal
Buyer's Agent
Christiana Santiago
Coldwell Banker Realty - Leominster
List Price
$217,000
Sold Price
$255,500
Premium/Discount to List
$38,500
17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Vaughan Paul K and Vaughan Tracey M
Bought by
Marshall Adrea S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Sherwin Edward C
Bought by
Vaughan Paul K and Vaughan Tracey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,224
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1991
Sold by
Sherwin Eileen M
Bought by
Sherwin Edward C

Purchase Details

Closed on
Feb 2, 1989
Sold by
Sherwin Wilbur G
Bought by
Sherwin Edward C
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
Patterson Scott J -- --
Patterson Scott J -- --
Us Bank Na Tr $291,915 --
Us Bank Na Tr $291,915 --
Marshall Adrea S $360,000 --
Marshall Adrea S $360,000 --
Vaughan Paul K $259,000 --
Vaughan Paul K $259,000 --
Sherwin Edward C $170,000 --
Sherwin Edward C $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourgeois Thomas J $707,750
Closed Bourgeois Thomas J $707,750
Closed Tesfaye Roza $505,672
Previous Owner Marshall Adrea S $287,200
Previous Owner Marshall Adrea S $53,850
Previous Owner Marshall Adrea S $287,200
Previous Owner Marshall Adrea S $53,850
Previous Owner Vaughan Paul K $40,000
Previous Owner Vaughan Paul K $293,910
Previous Owner Vaughan Paul K $292,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $760,000 +4.8% $226 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $724,900 +183.7% $215 / Sq Ft
05/21/2016 05/21/16 Sold $255,500 +17.7% $78 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $217,000 -- $66 / 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 $7,491 $626,300 $134,000 $492,300
2024 $6,396 $522,100 $134,000 $388,100
2023 $5,989 $482,200 $125,800 $356,400
2022 $6,113 $455,500 $110,100 $345,400
2021 $5,353 $378,600 $100,500 $278,100
2020 $4,998 $354,500 $96,600 $257,900
2019 $4,412 $323,700 $92,100 $231,600
2018 $4,257 $295,000 $89,300 $205,700
2017 $4,071 $282,900 $75,900 $207,000
2016 $4,009 $275,900 $81,900 $194,000
2015 $3,880 $265,400 $87,400 $178,000
2014 $4,018 $285,400 $87,400 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239438

MLS Property Information Network (MLS PIN)

APN: AYER-000019-000000-000159