$125,000
SOLD MAY 27, 2016

56 Taft St Southbridge, MA 01550

10 Beds
3 Baths
4,044 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

7% Below List Price

4 Days on Market

About This Home

As of August 2022

Great Investment opportunity awaits.. This Fully occupied 3 Family with great tenants.. is just what you need for some positive cash flow. Separate electrical panels done in the 2000"s including an owners box. Natural gas utilities are all separated for each floor. First floor heating unit done 3 years ago 2nd floor done about 10 years ago. 3rd floor is a gas on gas stove , washer/dryer hook ups on first floor and basement there are 2. Some siding would dress the building up nicely but not in major disparity.Moderately priced..Call direct

Last Agent to Sell the Property

Robert Matewsky

Keller Williams Realty North Central Listed on: 04/21/2016

Keller Williams Realty North Central

Last Buyer's Agent

William Callahan

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,898

Year Built

1923

Lot Details

0

Listing Details

  • Lot Description: Cleared
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: res

Multi Family

  • Total Bedrooms: 10
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
Ayers Thomas J and Almonte Cristina I
Bought by
56 Taft Street Llc
Current Estimated Value
$574,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 2017
Sold by
56 Taft Street Llc
Bought by
Ayers Thomas J

Purchase Details

Closed on
Sep 21, 2016
Sold by
Ayers Thomas and Almonte Christina I
Bought by
56 Taft Street Llc

Purchase Details

Closed on
May 18, 1998
Sold by
Lavallee Francis and Lavallee Marie A
Bought by
Desrosiers Janice M and Traficante Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $90,000 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,396 FHA
Closed $466,396 FHA
Closed $180,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $75,000 Credit Line Revolving
Previous Owner $56,000 Credit Line Revolving
Previous Owner $40,000 No Value Available
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $475,000 -4.8% $115 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $499,000 +299.2% $121 / Sq Ft
05/27/2016 05/27/16 Sold $125,000 -7.3% $31 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $134,900 -- $33 / 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 $6,898 $470,500 $33,700 $436,800
2024 $6,403 $419,600 $28,100 $391,500
2023 $5,154 $325,400 $28,100 $297,300
2022 $4,962 $277,200 $24,000 $253,200
2021 $4,967 $255,500 $24,000 $231,500
2020 $4,673 $239,900 $24,000 $215,900
2018 $3,353 $161,600 $21,300 $140,300
2017 $3,242 $157,600 $21,300 $136,300
2016 $2,959 $146,400 $21,300 $125,100
2015 $3,019 $148,300 $21,300 $127,000
2014 $2,913 $148,300 $21,300 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71992323

MLS Property Information Network (MLS PIN)

APN: SBRI-000048-000160-000001