NOT LISTED FOR SALE

62-A&B Burbank St Millbury, MA 01527

Estimated Value: $493,000 - $583,000

4 Beds
2 Baths
2,123 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $420,420 $198 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,473/month

3 Days on Market

About This Home

As of January 2022

Incredible opportunity to own a two family in Millbury! This exceptional home sits on a quiet road, sitting peacefully in a convenient location that offers a rural, country setting. This unique home offers two side by side units and is ideal for an owner occupant. Unit 1 offers 3 bedrooms, 1 bath, and features a spacious, open kitchen which opens up to a back deck with views; complete with a custom screen house and fire pit to enjoy the beauty of this home’s backyard. Shining hardwood floors throughout the bedrooms and living room, plenty of storage in the attic and basement as well. Unit 2 features a 1 bedroom unit and a newly remodeled kitchen. This well maintained home also has an updated electrical panel, chimneys repointed, a new heating system with new oil tank and a new hot water tank. Will not last! Open House Sat & Sun 1-3.

Last Agent to Sell the Property

Patrick Larkin

Larkin Real Estate Group Listed on: 11/12/2021

Last Buyer's Agent

Phyllis Zusman

eRealty Advisors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,007

Year Built

  • 1951

Lot Details

  • 0.48

Parking

  • 1

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,007

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Route 146 to West Main to Burbank Street
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1951

Interior Features

  • Appliances: Unit 2(Range,Dishwasher,Refrigerator), Oil Water Heater, Utility Connections for Electric Range
  • Has Basement: Full
  • Total Bathrooms: 2
  • MAIN LO: AN0634
  • LIST PRICE PER Sq Ft: 202.07
  • PRICE PER Sq Ft: 198.03
  • MAIN SO: AN5370
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room,Kitchen)
  • Other Equipment: Unit 1 Intercom
  • Stories: 4
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Construction Type: Frame
  • Disclosures: Tenant Unit Is Below Market Rate.
  • Patio And Porch Features: Deck, Patio - Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Driveway
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Heating: Unit 1(Hot Water Baseboard,Oil)
  • Heating Yn: Yes
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Security: Unit 1 Security System
  • Sewer: Private Sewer
  • Utilities: for Electric Range
  • Water Source: Private

Condo/Co-op/Association

  • HOA Rent Includes: Unit 2(Water)

Lot Info

  • LOT SIZE: 20900
  • PAGE: 397
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 20908.8
  • Zoning: S 2

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 9600
  • Property Net Operating Income: 9600
  • Number Of Units Total: 2
  • Total Actual Rent: 800

Tax Info

  • Tax Annual Amount: 4089
  • Tax Book Number: 38953
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2014
Sold by
Collett Christopher J
Bought by
Collett Vincenza C
Current Estimated Value
$542,901

Purchase Details

Closed on
Apr 4, 2012
Sold by
Collett Christopher J and Collett Vincenza C
Bought by
Collett Christopher J

Purchase Details

Closed on
May 12, 2006
Sold by
Ponte Antone J and Ponte Linda L
Bought by
Collett Christopher J and Collett Vincenza C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,920
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Collett Vincenza C -- --
Collett Vincenza C -- --
Collett Christopher J -- --
Collett Christopher J -- --
Collett Christopher J $297,400 --
Collett Christopher J $297,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zusman Ellen S $321,750
Closed Zusman Ellen S $321,750
Previous Owner Collett Christopher J $237,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $420,420 -2.0% $198 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $429,000 -- $202 / 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 $6,007 $448,600 $114,100 $334,500
2024 $5,078 $383,800 $105,700 $278,100
2023 $4,673 $323,400 $74,200 $249,200
2022 $4,287 $285,800 $74,200 $211,600
2021 $4,089 $265,000 $74,200 $190,800
2020 $4,006 $261,300 $74,200 $187,100
2019 $4,251 $268,200 $67,400 $200,800
2018 $3,941 $241,200 $67,400 $173,800
2017 $4,017 $244,500 $67,400 $177,100
2016 $3,756 $228,200 $67,400 $160,800
2015 $3,652 $221,900 $71,600 $150,300
2014 $3,468 $202,800 $71,600 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918915

MLS Property Information Network (MLS PIN)

APN: MILB-000080-000000-000003