R
Seller's Agent in 2023
Raquel Franco
Capital Real Estate Group LLC
(978) 235-5136
4 in this area
79 Total Sales
61-63 Spruce St Fitchburg, MA 01420
Southside NeighborhoodEstimated Value: $582,000 - $603,589
8
Beds
3
Baths
3,079
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- Medical Services
- Tennis Courts
- Park
- Property is near public transit
- Jogging Path
- 2-minute walk to Babe DiConza Memorial Park Playground
About This Home
As of May 2023OPEN HOUSE CANCELED! SELLER HAS ACCEPTED AN OFFER! Solid 3 family, investors take notice! Strong rental history! Lots of natural wood throughout the house. Hardwood in most rooms. Stone wall and new retaining wall added. Spacious enclosed yard. Parking for 5 cars with the extended driveway added. Part of roof redone Nov 2022. Exterior and decks painted 2023. Laundry available in units 1 and 2. Separately metered for gas and electric for each unit. Open concept 3rd unit with skylight. Next to park and field visible from driveway on dead end street. Close to major routes and Fitchburg State University. Ready for new owners to just collect rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,998
Year Built
- Built in 1900
Lot Details
- 8,171 Sq Ft Lot
- Near Conservation Area
Home Design
- 3,079 Sq Ft Home
- Stone Foundation
- Frame Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Heating Available
- Separate Meters
Listing and Financial Details
- Total Actual Rent $4,650
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0082 B:0001 L:0,1506345
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $50
- Water Sewer Expense $100
- Operating Expense $150
- Net Operating Income $54,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2018
Closed on
May 31, 2018
Sold by
Davis Lois A Est and Davis
Bought by
Moreira-Sales Adalton
Seller's Agent
Gus Cutrona
Central Mass Real Estate
Buyer's Agent
Raquel Franco
Capital Real Estate Group LLC
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,897
Avg. Annual Appreciation
11.68%
Original Mortgage
$191,250
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2001
Sold by
Hemmer Philip R and Hemmer Anne E
Bought by
Davis Lois A and Davis Jean I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moreira-Sales Adalton | $255,000 | -- | |
| Davis Lois A | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sales Adalton M | $266,000 | |
| Closed | Moreira-Sales Adalton | $191,250 | |
| Previous Owner | Davis David J | $20,000 | |
| Previous Owner | Davis David J | $182,000 | |
| Previous Owner | Hemmer Philip R | $136,782 | |
| Previous Owner | Hemmer Philip R | $88,900 | |
| Previous Owner | Hemmer Philip R | $109,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2023 05/04/23 | Sold | $501,000 | +2.3% | $163 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/12/2023 04/12/23 | For Sale | $489,900 | +92.1% | $159 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $255,000 | +2.0% | $83 / Sq Ft |
| 04/26/2018 04/26/18 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $249,900 | -- | $81 / 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 | $65 | $484,300 | $98,100 | $386,200 |
| 2024 | $6,343 | $428,300 | $61,400 | $366,900 |
| 2023 | $5,998 | $374,400 | $52,800 | $321,600 |
| 2022 | $5,285 | $300,100 | $44,200 | $255,900 |
| 2021 | $4,832 | $253,900 | $31,900 | $222,000 |
| 2020 | $4,626 | $234,700 | $29,500 | $205,200 |
| 2019 | $3,744 | $182,700 | $30,700 | $152,000 |
| 2018 | $3,049 | $145,100 | $28,200 | $116,900 |
| 2017 | $2,888 | $134,400 | $25,800 | $108,600 |
| 2016 | $2,892 | $136,200 | $25,800 | $110,400 |
| 2015 | $2,829 | $136,800 | $27,000 | $109,800 |
| 2014 | $2,776 | $140,000 | $27,000 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Franco
-
Gus Cutrona
Seller's Agent in 2018
Gus Cutrona
Central Mass Real Estate
(508) 212-6654
2 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73098159
APN: FITC-000082-000001
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