NOT LISTED FOR SALE

53 W Central St Natick, MA 01760

Estimated Value: $979,000 - $2,041,055

4 Beds
4 Baths
3,777 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $687,500 $182 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,108/month

56 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Enclosed Patio or Porch
  • Natick High School Rated A

About This Home

As of January 2020

Great 2-family home in the downtown district on .68 acres with a large barn with a storage loft above. Great opportunity for condo conversion close to downtown. This is actually a large 3 bedroom, 3 bath home with a 1 bedroom, 1 bath apartment above (approved and signed by the town). Great opportunity to live in the larger unit and rent the apartment, or rent both units or use the whole house as a 4 bedroom 4 full bath home. The upstairs apartment can also be used as an in-law or au pair suite. Central air, 10 year old roof, 15 year old furnace, a few newer windows and an irrigation system in the front yard. Large enclosed porch overlooking a private back yard with a large field making this one of the largest yards in the downtown area. Short walk to downtown shops, restaurants, TCAN and the T-station. This property is very unique to the downtown area and the usage possibilities are endless.

Last Agent to Sell the Property

Louis Julian

William Raveis R.E. & Home Services Listed on: 10/15/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Richard Grandoni

Fortini & Wilcox Realty License #449501158

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1831

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Sprinkler System

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1831

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 194.60
  • Comp Based On: Net Sale Price
  • Year Built: 1831
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1831

Interior Features

  • Fireplaces: 2
  • Flooring: Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: M59500
  • Main So: BB4293
  • Estimated Sq Ft: 3777.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Frontage: 105.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Clapboard
  • Exterior Features: Porch - Enclosed, Patio, Gutters, Professional Landscaping, Sprinkler System
  • Foundation: Fieldstone
  • Foundation Size: 999

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling Zones: 2
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 652300.00
  • Acre: 0.68
  • Lot Size: 29621.00
  • Page: 415
  • Zoning: RSA
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Doors

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 4500
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8290.00
  • Assessor Parcel Number: 671315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Jan 3, 2020
Sold by
Ferguson Kenneth A and Ferguson Ann T
Bought by
Sheehan Michael J and Sheehan Lynn M
Seller's Agent
Louis Julian
William Raveis R.E. & Home Services
Buyer's Agent
Richard Grandoni
Fortini & Wilcox Realty
List Price
$735,000
Sold Price
$687,500
Premium/Discount to List
-$47,500
-6.46%
Current Estimated Value
$1,421,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$734,460
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
Oct 4, 1993
Sold by
Collins James F and Collins Candace
Bought by
Ferguson Kenneth A and Ferguson Ann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1991
Sold by
Collins Candace
Bought by
Collins James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheehan Michael J $687,500 None Available
Ferguson Kenneth A $305,000 --
Collins James F $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins James F $210,500
Previous Owner Collins James F $50,000
Previous Owner Collins James F $110,000
Previous Owner Collins James F $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $687,500 -6.5% $182 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $735,000 0.0% $195 / Sq Ft
11/25/2019 11/25/19 For Sale $735,000 -1.3% $195 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $745,000 -2.0% $197 / Sq Ft
10/15/2019 10/15/19 For Sale $760,000 -- $201 / 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 $20,062 $1,677,400 $444,700 $1,232,700
2024 $19,066 $1,555,100 $420,100 $1,135,000
2023 $17,900 $1,416,100 $391,800 $1,024,300
2022 $10,337 $774,900 $354,300 $420,600
2021 $9,937 $730,100 $334,900 $395,200
2020 $8,878 $652,300 $305,800 $346,500
2019 $8,291 $652,300 $305,800 $346,500
2018 $8,285 $634,900 $291,200 $343,700
2017 $8,241 $610,900 $265,000 $345,900
2016 $7,830 $577,000 $251,500 $325,500
2015 $8,047 $582,300 $251,500 $330,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72580104

MLS Property Information Network (MLS PIN)

APN: NATI-000043-000000-000326