NOT LISTED FOR SALE

61 E Main St Orange, MA 01364

Estimated Value: $194,000 - $265,000

6 Beds
2 Baths
3,907 Sq Ft
$60/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $172,900 $44 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,518/month

34 Days on Market

About This Home

As of July 2023

Large Victorian 2-family with ideal location next to the Orange Library. The 1st floor, 2 bed and 1 bath unit, is rented out at $710 per month. 2nd unit, which spans the 2nd and 3rd floors, has 3 bedrooms, 1 bath with 4 bonus rooms on the 3rd floor. It is currently vacant and waiting on a new owner to finalize the rehab. The 2nd unit has been winterized and is need of a bathroom and kitchen renovation. Painting has begun and majority of windows have been replaced. This presents a great opportunity for a handy homeowner or contractor to own a wonderful property and add value through some improvements. Don't miss out on this deal. Please reach out for further details. May not qualify for all financing options.

Last Agent to Sell the Property

Michael Despo

Wiser Realty Advisors, LLC Listed on: 03/15/2023

Last Buyer's Agent

Gilda Rosario-Rivera

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,907 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Water Heater

Listing and Financial Details

  • Total Actual Rent $710
  • Assessor Parcel Number M:0107 B:0000 L:00059,3314020

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Net Operating Income $8,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1870
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Tank Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 3907
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5794
  • LIST PRICE PER Sq Ft: 44.25
  • PRICE PER Sq Ft: 44.25
  • MAIN SO: AN7396

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0107 B:0000 L:00059,3314020
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13000
  • Lot Size Units: Acres
  • PAGE: 203
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4608
  • Tax Book Number: 8104

Multi Family

  • Gross Income: 8520
  • Net Operating Income: 8520
  • Number Of Units Total: 2
  • Operating Expense: 5000
  • Total Actual Rent: 710
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Anderson Robert D and Phh Mortgage Corp
Bought by
Federal National Mortgage Association
Current Estimated Value
$232,980

Purchase Details

Closed on
Jul 18, 2005
Sold by
Sanders Joel S
Bought by
Anderson Robert D and Anderson Karen

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
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Hill Steven L
Bought by
Sanders Joel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1993
Sold by
Berberovich Husein T and Berberovich Olga
Bought by
Sanderes Joel S and Hill Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
8.24%
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 Buyer Sale Price Title Company
Federal National Mortgage Association $19,700 --
Anderson Robert D $150,000 --
Sanders Joel S $17,000 --
Sanderes Joel S $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero Luis E $169,767
Previous Owner Anderson Robert D $145,600
Previous Owner Anderson Robert D $120,000
Previous Owner Sanderes Joel S $72,500
Previous Owner Sanderes Joel S $30,000
Previous Owner Sanderes Joel S $25,000
Previous Owner Sanderes Joel S $60,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $172,900 0.0% $44 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $172,900 -- $44 / 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 $3,316 $201,600 $25,000 $176,600
2024 $4,430 $254,000 $25,000 $229,000
2023 $4,517 $251,500 $22,500 $229,000
2022 $4,608 $241,000 $22,500 $218,500
2021 $3,230 $161,100 $42,700 $118,400
2020 $3,277 $161,200 $38,900 $122,300
2019 $2,727 $121,100 $33,700 $87,400
2018 $2,738 $124,800 $31,500 $93,300
2017 $2,650 $124,800 $31,500 $93,300
2016 $2,396 $110,400 $28,100 $82,300
2015 $2,326 $112,000 $30,000 $82,000
2014 $2,698 $136,700 $30,000 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73087660

MLS Property Information Network (MLS PIN)

APN: ORAN-000107-000000-000059