Nikolas Goulas
Coldwell Banker Realty - Newton
(857) 214-8798
4 Total Sales
2 in Amherst
$340K - $547K Price Range
61 Gray St Amherst, MA 01002
Amherst AreaEstimated Value: $867,131
8
Beds
3.5
Baths
3,314
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Corner Lot
- Amherst Regional Middle School Rated A-
- Wood Flooring
- Porch
About This Home
As of August 2022Excellent investment opportunity! Three unit rental property, two great long term tenants on first floor and new tenants coming into larger second floor unit. Great location, close to Amherst College, UMASS, and minutes away from downtown Amherst. On street and off street parking available. Also on the bus route. Separate heat and electric utilities for each unit. Recently replaced electric meters for all units. New boiler installed, as well as new oil tank and supply lines. Newer pressure treated entry into one of the first floor units. Beautiful corner lot in a pleasant residential neighborhood.
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,269
Year Built
- Built in 1900
Lot Details
- 13,623 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Metal Roof
Interior Spaces
- 3,314 Sq Ft Home
- Property has 1 Level
- Window Screens
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- 8 Car Parking Spaces
- Stone Driveway
- Off-Street Parking
Utilities
- Heating Available
- 110 Volts
- 100 Amp Service
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $5,910
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Tax Lot 73
- Assessor Parcel Number M:0014B B:0000 L:0073,3009694
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Additional Features
- 3 Units
- Net Operating Income $70,920
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2022
Closed on
Aug 10, 2022
Sold by
Nielsen Niels L
Bought by
Seller's Agent
Steven Palatt
Brick & Mortar
Buyer's Agent
Matthew Guerdon
Brick & Mortar
List Price
$659,000
Sold Price
$715,000
Premium/Discount to List
$56,000
8.5%
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
$152,131
Avg. Annual Appreciation
4.81%
Original Mortgage
$572,000
Outstanding Balance
$539,583
Interest Rate
5.7%
Mortgage Type
Commercial
Estimated Equity
$327,548
Purchase Details
Closed on
Nov 6, 2017
Sold by
Kerrissey Jasmine O
Bought by
Bahneman Kurt A and Kerrissey Jasmine O
Purchase Details
Closed on
Jul 7, 2016
Sold by
Nielsen Teresa J
Bought by
Nielsen Niels L
Purchase Details
Closed on
Feb 14, 2005
Sold by
Amity Re Inc
Bought by
Nielsen Niels L and Nielsen Teresa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Amherst, MA
-
Nikolas Goulas
-
George Goulas
George Goulas
Peoples Broker Realty
(774) 271-5224
42 Total Sales
1 in Amherst
$21,373 Price
-
Lucy Cordero
Lucy Cordero
KW Legacy Partners
(413) 287-7815
109 Total Sales
2 in Amherst
$310K - $765K Price Range
-
Rob Smith
Rob Smith
PREMIER SOTHEBY'S INTL REALTY
(508) 625-7572
168 Total Sales
1 in Amherst
$290,000 Price
-
Susan Lyons
Susan Lyons
HB Real Estate, LLC
(860) 901-1458
42 Total Sales
1 in Amherst
$425,000 Price
-
Michael Giovangelo
Michael Giovangelo
Better Living Real Estate, LLC
(774) 341-5232
60 Total Sales
1 in Amherst
$255,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $715,000 | None Available | ||
| Bahneman Kurt A | -- | -- | |
| Nielsen Niels L | -- | -- | |
| Nielsen Niels L | $350,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $572,000 | ||
| Previous Owner | Nielsen Niels L | $800,000 | |
| Previous Owner | Nielsen Niels L | $85,000 | |
| Previous Owner | Nielsen Niels L | $229,000 | |
| Previous Owner | Nielsen Niels L | $262,500 | |
| Previous Owner | Amity Re Inc | $137,300 | |
| Previous Owner | Bogartz Lorraine W | $137,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $715,000 | +8.5% | $216 / Sq Ft |
| 06/12/2022 06/12/22 | Pending | -- | -- | -- |
| 06/05/2022 06/05/22 | For Sale | $659,000 | -- | $199 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $127 | $709,100 | $202,500 | $506,600 |
| 2024 | $12,407 | $670,300 | $191,000 | $479,300 |
| 2023 | $9,582 | $476,700 | $173,600 | $303,100 |
| 2022 | $9,269 | $435,800 | $157,900 | $277,900 |
| 2021 | $9,256 | $424,200 | $146,300 | $277,900 |
| 2020 | $9,044 | $424,200 | $146,300 | $277,900 |
| 2019 | $8,696 | $398,900 | $146,300 | $252,600 |
| 2018 | $8,433 | $398,900 | $146,300 | $252,600 |
| 2017 | $8,250 | $377,900 | $139,300 | $238,600 |
| 2016 | $8,019 | $377,900 | $139,300 | $238,600 |
| 2015 | $7,762 | $377,900 | $139,300 | $238,600 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Palatt
SP
Seller's Agent in 2022
Steven Palatt
Brick & Mortar
(413) 549-8572
19 Total Sales
-
Matthew Guerdon
MG
Seller Co-Listing Agent in 2022
Matthew Guerdon
Brick & Mortar
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72992552
APN: AMHE-000014B-000000-000073
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 38 Gray St
- 351 Main St
- 48 Railroad St
- 6 Smith St
- 18 Red Gate Ln
- 33-37 Cottage St
- 41 Cottage St
- 702 Main St
- 0 Red Gate Ln Unit 73348273
- Lot 7 S East St
- 151 Amity St Unit 2
- 155 Amity St
- 50 Mount Pleasant
- 33 Gaylord St
- 136 Lincoln Ave
- 210 Strong St
- 305 Strong St
- 254 Lincoln Ave
- 265 N East St
- 9 Mcclure St
Your Personal Tour Guide
Ask me questions while you tour the home.