Seller's Agent in 2024
Lana Kopsala
Coldwell Banker Realty - Leominster
(978) 855-9112
73 in this area
383 Total Sales
58 Grove Ave Leominster, MA 01453
Estimated Value: $918,807
12
Beds
6
Baths
5,498
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- 0.75 Acre Lot
- Living Room
- Laundry Room
- Porch
About This Home
As of February 2024UPDATE - 10 mini-splits being installed in rooms on 1st & 2nd floors. 12-Unit Rooming House available for sale. Great location, walking distance to downtown area with restaurants, public transportation, area amenities, shopping as well as close to commuter train and highway access. Excellent opportunity for a new owner, user or investor to add value and increase cash flow. First floor consists of the common Kitchen, Living Room and laundry. 4 full baths and 2 1/2 baths. All renters are TAW. Current valid Leominster Rooming House. Leominster's growth and demand for housing make this an ideal investment opportunity for long-term income potential. Updates include: fully insulated, all new windows (2023), new 400 amp electric service w/ potential for separately metered to each bedroom, planned separate heat/AC units in each bedroom, sprinkler system, new reinforced LVL beams & steel beams, new hot water tank (2023) and more. Do not miss your chance to grow your rental portfolio!
Last Agent to Sell the Property
Coldwell Banker Realty - Leominster Listed on: 10/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,425
Year Built
- Built in 1900
Lot Details
- 0.75
Home Design
- Stone Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 5,498 Sq Ft Home
- Property has 1 Level
- Window Screens
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- 0.75 Acre Lot
Listing and Financial Details
- Total Actual Rent $4,000
- Tax Block 0014
- Assessor Parcel Number M:0032 B:0014 L:0000,1577497
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $6,000
- Insurance Expense $2,000
- Water Sewer Expense $2,784
- Operating Expense $19,484
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 14, 1991
Sold by
Smith Barry C
Bought by
Union Mtg Co Inc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Union Mtg Co Inc | $98,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | M3 Innovations Inc | $618,750 | |
| Open | Sgs Holdings Llc | $2,750,000 | |
| Closed | Sgs Holdings Llc | $621,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $825,000 | 0.0% | $150 / Sq Ft |
| 12/02/2023 12/02/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $825,000 | 0.0% | $150 / Sq Ft |
| 10/10/2023 10/10/23 | Pending | -- | -- | -- |
| 10/07/2023 10/07/23 | For Sale | $825,000 | +230.0% | $150 / Sq Ft |
| 10/25/2016 10/25/16 | Sold | $250,000 | -16.6% | $45 / Sq Ft |
| 10/06/2016 10/06/16 | Pending | -- | -- | -- |
| 07/20/2016 07/20/16 | For Sale | $299,900 | -- | $54 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $12,532 | $893,200 | $160,000 | $733,200 |
| 2024 | $11,981 | $825,700 | $152,400 | $673,300 |
| 2023 | $12,040 | $774,800 | $132,700 | $642,100 |
| 2022 | $11,425 | $689,900 | $115,400 | $574,500 |
| 2021 | $0 | $477,200 | $89,900 | $387,300 |
| 2020 | $8,580 | $477,200 | $89,900 | $387,300 |
| 2019 | $7,613 | $410,600 | $85,600 | $325,000 |
| 2018 | $0 | $382,000 | $83,000 | $299,000 |
| 2017 | $0 | $359,800 | $77,700 | $282,100 |
| 2016 | -- | $342,200 | $77,700 | $264,500 |
| 2015 | $6,652 | $342,200 | $77,700 | $264,500 |
| 2014 | -- | $429,500 | $81,700 | $347,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lana Kopsala
-
Moises Cosme
Buyer's Agent in 2024
Moises Cosme
Atlantic Coast Homes,Inc
(978) 502-7309
10 in this area
45 Total Sales
-
D
Seller's Agent in 2016
Denise Wortman
EXIT New Options Real Estate
-
Stephen Sheldon
Buyer's Agent in 2016
Stephen Sheldon
Rental Housing Service
(617) 332-8190
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73167877
APN: LEOM-000032-000014
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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