NOT LISTED FOR SALE

53 Walnut St Palmer, MA 01069

Estimated Value: $308,914 - $397,000

7 Beds
2 Baths
2,627 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $169,000 $64 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,314/month

4 Days on Market

About This Home

As of July 2018

This home is ideal for owner occupied or investors. The condition of this home is sure to please with many charming features. Eager Playground and Legion Field offer places to play and the quiet side street neighborhood add to the quality of life and the higher rents your tenants will be willing to pay. Newer siding, roof and thermal windows, plus clean, move in condition. Looking to owner occupy? You will love the front porches. The second floor has two levels with three bedrooms on the main floor and a bedroom and sitting room up on the third floor which could be a Master bedroom oasis. Property even has a garage. This is the two family you have been waiting for, just buy it, move in, enjoy and collect rent. Call today.

Last Agent to Sell the Property

Arthur Ferrara

Landmark, REALTORS® Listed on: 05/25/2018

Last Buyer's Agent

Petrina Hahn

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,536

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Water Holding Tank
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:58 B:73

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,536

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 60.53
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Bulkhead
  • Main Lo: M39600
  • Main So: AC1163
  • Estimated Sq Ft: 2627.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 2
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Park, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 144000.00
  • Acre: 0.11
  • Lot Size: 4824.00
  • Page: 471
  • Parcel Number: M:58 B:73
  • Zoning: r
  • Lot Description: Corner, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1550
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3180.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 25, 2018
Sold by
Zarenko Walter J and Zarenko Dana D
Bought by
Collins Jeremy T and Collins Shelly R
Seller's Agent
Arthur Ferrara
Landmark, REALTORS®
Buyer's Agent
Petrina Hahn
Real Broker MA, LLC
List Price
$159,000
Sold Price
$169,000
Premium/Discount to List
$10,000
6.29%
Current Estimated Value
$347,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,479
Avg. Annual Appreciation
11.28%
Original Mortgage
$7,500
Interest Rate
4.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2003
Sold by
Danio Marlene E and Danio Sherman L
Bought by
Zarenko Dana D and Zarenko Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,803
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Palmer, MA

  • 1028 Maple St, Palmer, MA 01069

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    • 5 Beds
    • 2 Baths
    • 2,342 Sq Ft
    • 1028 Maple St
    • Palmer, MA

    BEAUTIFUL HOME in a VERY desirable location, and look at this gorgeous yard!! Current 2nd floor tenant pays $950 like clockwork every month. Separate utilities. Both first and second floor have an enclosed porch that looks out on the pretty, partly-fenced yard. The vacant first floor would benefit from updating, but someone will absolutely live here while making cosmetic updates for quick equity

    Deborah Deschamps Berkshire Hathaway HomeServices Realty Professionals

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Range of Values:

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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
Collins Jeremy T $169,000 --
Collins Jeremy T $169,000 --
Zarenko Dana D $139,900 --
Zarenko Dana D $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Jeremy T $154,227
Closed Collins Jeremy T $11,000
Closed Collins Jeremy T $7,500
Previous Owner Zarenko Dana D $138,803
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $169,000 +6.3% $64 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $159,000 -- $61 / 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 $4,536 $249,900 $50,100 $199,800
2024 $4,246 $227,400 $45,500 $181,900
2023 $4,106 $211,200 $45,500 $165,700
2022 $4,023 $188,000 $39,900 $148,100
2021 $3,763 $166,300 $44,300 $122,000
2020 $3,637 $159,500 $44,300 $115,200
2019 $3,531 $159,500 $44,300 $115,200
2018 $3,180 $144,000 $43,000 $101,000
2017 $3,106 $144,000 $43,000 $101,000
2016 $3,082 $144,900 $41,800 $103,100
2015 $2,989 $144,900 $41,800 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72333927

MLS Property Information Network (MLS PIN)

APN: PALM-000058-000000-000073