NOT LISTED FOR SALE

Estimated Value: $518,050

5 Beds
3 Baths
2,550 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $375,000 $147 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,727/month

87 Days on Market

About This Home

As of April 2021

Mixed use property consisting of a 2 family, 3 stall garage and a long standing hair salon "A NEW U HAIR SALON" featuring 4 chairs/cutting stations, 1 manicure station, central AC and off street parking for 6 cars. The salon fully rented brought in $3000 per month in rental income($150 Per Week Per Station). Owner is retiring and the salon will be delivered vacant. All salon equipment to pass with sale. Both units on the 2 family have been recently updated with fresh paint, new flooring, updated kitchens and a brand new roof. Off street parking and storage sheds for both units. Unit 1 is a 1 bedroom rented for $975 per month(TAW). Unit 2 is a 2 bedroom rented for $1150 per month. 3 stall garage is rented for $220 per month. This is a tremendous opportunity for someone who is looking to start their own business and have rental income from the 2 family and garages to offset the mortgage.

Last Agent to Sell the Property

John Ray

LPT Realty - Home & Key Group Listed on: 10/10/2020

Co-Listed By

Chris Messier

Corcoran Chart House Realty

Last Buyer's Agent

Greg Murphy

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 9,583

Parking

  • 3 Car Garage

Outdoor Features

  • Deck
  • Storage Shed

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:38 L:301 U:

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 156.82
  • Comp Based On: Net Sale Price
  • Year Built: 1860
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Total Flrs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AC0756
  • Main So: BB3055
  • Estimated Sq Ft: 2550.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 9
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Varies per Unit
  • Cooling Zones: 1
  • Heat Zones: 3
  • Cooling Units: 1

Lot Info

  • Assessments: 201600.00
  • Acre: 0.22
  • Lot Size: 9583.00
  • Page: 78
  • Parcel Number: M:38 L:301 U:
  • Zoning: URBRES
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 4
  • Total Rent: 5345
  • Total Rms: 9
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 2995.77
  • Assessor Parcel Number: 2983008
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 30, 2021
Sold by
569 Bay Street Rt
Bought by
569 Bay Street Llc
Seller's Agent
John Ray
LPT Realty - Home & Key Group
Buyer's Agent
Greg Murphy
Lamacchia Realty, Inc.
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Current Estimated Value
$518,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,050
Avg. Annual Appreciation
7.28%
Original Mortgage
$281,250
Outstanding Balance
$254,484
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,566

Purchase Details

Closed on
Dec 31, 1998
Sold by
Murphy Michael and Murphy Joann M
Bought by
569 Bay St Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1994
Sold by
Randolph Sb
Bought by
Murphy Michael and Murphy Joann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1993
Sold by
Venuti James J
Bought by
Randolph Sb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
569 Bay Street Llc $375,000 None Available
569 Bay St Rt $120,000 --
Murphy Michael $45,000 --
Randolph Sb $86,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 569 Bay Street Llc $281,250
Previous Owner Randolph Sb $120,000
Previous Owner Randolph Sb $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $375,000 -6.2% $147 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $399,900 -5.9% $157 / Sq Ft
10/10/2020 10/10/20 For Sale $425,000 -- $167 / 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 -- $247,800 $122,300 $125,500
2024 -- $234,100 $122,300 $111,800
2023 $0 $359,900 $122,300 $237,600
2022 $0 $239,300 $76,400 $162,900
2021 $0 $224,600 $61,700 $162,900
2020 $0 $201,600 $61,700 $139,900
2019 $0 $186,800 $66,400 $120,400
2018 $0 $183,800 $66,000 $117,800
2017 -- $179,400 $62,500 $116,900
2016 -- $181,200 $64,300 $116,900
2015 -- $171,600 $65,400 $106,200
2014 -- $170,600 $64,400 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72741100

MLS Property Information Network (MLS PIN)

APN: TAUN-000038-000301