NOT LISTED FOR SALE
6 Beds
5 Baths
4,005 Sq Ft
2 Acre Lot

Sale Details

Date Sold: August 5, 2024

Last sale price $780,000 $195 Per Sq Ft

7 Days on Market

Highlights

  • In Ground Pool
  • Scenic Views
  • Deck
  • Luther Burbank Middle School Rated A-
  • 2 Acre Lot
  • Wooded Lot

About This Home

As of August 2024

Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer months. The well-maintained apartments feature many upgrades and offer spacious living, thermal windows, efficient propane heat and beautiful views of the stunning backyard. The gorgeous main entryway provides convenient coin operated laundry for tenants and additional income. Each apartment has separately metered heat and hot water. The property offers plenty of off-street parking with a two-car garage, carport and large driveway

Last Agent to Sell the Property

John Mulryan

Lamacchia Realty, Inc. Listed on: 06/11/2024

Lamacchia Realty, Inc.

Co-Listed By

Kate Maher Campbell

Lamacchia Realty, Inc.

Last Buyer's Agent

Andrea Aro

Benny's Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,069

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,005 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Scenic Vista Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Balcony
  • Deck
  • Shed
  • Porch

Location

  • Property is near schools

Schools

  • Mary Rowlandson Elementary School
  • Luther Burbank Middle School
  • Nashoba High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,700
  • Rent includes unit 1(electric water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:034.0 B:0000 L:0079.0,3762810

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Building Details

  • Net Operating Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,069

Year Built

Built in 1900

Lot Details

2 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Pantry, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
  • Door Features: Insulated Doors
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 4005
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2314
  • MAIN SO: AN2062

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Pool Features: In Ground
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Propane Gas, Tank

Condo/Co-op/Association

  • Community Features: Conservation Area, Highway Access, Public School
  • Rent Includes: Unit 1(Electric,Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:034.0 B:0000 L:0079.0,3762810
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Cleared, Level
  • Lot Size Acres: 2
  • Lot Size Sq Ft: 87120
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9069

Multi Family

  • Net Operating Income: 57600
  • Number Of Units Total: 4
  • Total Actual Rent: 5700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Nashoba
  • Elementary School: Mary Rowlandson
  • Middle Or Junior School: Luther Burbank

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 5, 2024
Sold by
Bought by
Seller's Agent
John Mulryan
Lamacchia Realty, Inc.
Buyer's Agent
Andrea Aro
Benny's Realty Group
List Price
$829,900
Sold Price
$780,000
Premium/Discount to List
-$49,900
-6.01%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,872
Interest Rate
0.0562%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 4, 2018
Closed on
Feb 26, 2019
Sold by
Bought by
Seller's Agent
Matthew Straight
Coldwell Banker Realty - Leominster
Buyer's Agent
Amy Polanik
Keller Williams Realty Colonial Partners
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$520,400
Interest Rate
0.0462%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$780,000 None Available
$530,000 Adams & Assoc Legal Svcs Tit
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,872
Previous Owner $520,677
Previous Owner $521,356
Previous Owner $520,400
Closed $22,275
Closed $267,000
Previous Owner $161,000
Previous Owner $162,400
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $780,000 -6.0% $195 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $829,900 +56.6% $207 / Sq Ft
03/01/2019 03/01/19 Sold $530,000 0.0% $132 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
01/27/2019 01/27/19 For Sale $530,000 0.0% $132 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/04/2018 12/04/18 Price Changed $530,000 -3.6% $132 / Sq Ft
12/04/2018 12/04/18 For Sale $550,000 0.0% $137 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $550,000 0.0% $137 / Sq Ft
08/01/2015 08/01/15 Rented $1,250 0.0% --
07/02/2015 07/02/15 Under Contract -- -- --
06/02/2015 06/02/15 For Rent $1,250 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,416 $768,300 $130,000 $638,300
2024 $10,984 $629,100 $121,000 $508,100
2023 $9,069 $527,600 $110,000 $417,600
2022 $10,281 $528,600 $111,000 $417,600
2021 $10,214 $511,200 $111,000 $400,200
2020 $8,099 $408,000 $111,000 $297,000
2019 $7,349 $372,100 $111,000 $261,100
2018 $7,115 $356,100 $111,000 $245,100
2016 $5,365 $274,400 $110,000 $164,400
2015 $5,138 $273,900 $110,000 $163,900
2014 $4,884 $258,300 $110,000 $148,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250402

MLS Property Information Network (MLS PIN)
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