$349,900
SOLD AUG 30, 2024

64 Prospect St Athol, MA 01331

6 Beds
3 Baths
3,727 Sq Ft
0.25 Acres

Recently Sold

$94 Per Sq Ft

117 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • 2 Car Garage
  • Property is near public transit
  • Shops
  • Level Lot

About This Home

As of August 2024

Fully occupied 3-family property with nice cash flow; all tenants current on rent. New propane heat/HW system installed in early 2024 should yield significant savings in fuel consumption. Lots of new PVC. Updated panels. Bottom line...the heavy lifting has been done. Two of the units could use some cosmetic updates and hold potential to be 3BR units, which would bring higher rent. Two units own their own W/D; there's room in the basement for coin-ops if new owner preferred. Large lot, 2-car garage.

Last Agent to Sell the Property

Lynn Brooks

Godin Real Estate Listed on: 03/07/2024

Last Buyer's Agent

Terry Lupien

Morin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,727 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Propane
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,600
  • Rent includes unit 1(heat water hot water), unit 2(heat hot water), unit 3(heat hot water)
  • Assessor Parcel Number M:00030 B:00451 L:00000,1448384

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path

Building Details

  • Electric Expense $1,279
  • Insurance Expense $2,643
  • Water Sewer Expense $1,769
  • Operating Expense $15,534
  • Net Operating Income $26,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Laminate
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Concrete
  • Living Area: 3727
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: H17100
  • LIST PRICE PER Sq Ft: 93.88
  • PRICE PER Sq Ft: 93.88
  • MAIN SO: H24001

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Washer Hookup, Varies per Unit
  • Heating: Propane
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Propane Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1769

Lot Info

  • Parcel Number: M:00030 B:00451 L:00000,1448384
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 11070
  • Lot Size Units: Acres
  • PAGE: 76
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3166
  • Tax Book Number: 63614

Multi Family

  • Electric Expense: 1279
  • Gross Income: 41850
  • Insurance Expense: 2643
  • Net Operating Income: 26316
  • Number Of Units Total: 3
  • Operating Expense: 15534
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Oct 26, 2020
Sold by
Roussell Mathew
Bought by
New Life Llc
Seller's Agent
The Tate Team
The Tate Team
Buyer's Agent
Lynn Brooks
Godin Real Estate
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$358,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,456
Avg. Annual Appreciation
20.75%
Original Mortgage
$180,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 30, 2015
Sold by
Hong Yat-Lam and Hong Barbara J
Bought by
Roussell Mathew
Seller's Agent
Ted Ledgard
Millers River Real Estate
Buyer's Agent
Sara Lyman
Real Broker MA, LLC
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$127,645
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2007
Sold by
Blanchard Doris M
Bought by
Hong Barbara J and Hong Yat-Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Noel Jose M and Watson Michael A
Bought by
Blanchard Doris M

Purchase Details

Closed on
Apr 19, 2001
Sold by
Noel Charlene L and Yesmentes Charlene L
Bought by
Noel Josie M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $140,000 None Available
Not Resolvable $130,000 --
Deed $60,000 --
Deed $60,000 --
Deed $150,000 --
Deed $150,000 --
Deed $86,217 --
Deed $86,217 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,561 FHA
Closed $25,000 Stand Alone Refi Refinance Of Original Loan
Closed $343,561 FHA
Closed $165,000 Stand Alone Refi Refinance Of Original Loan
Closed $180,000 Commercial
Previous Owner $127,645 FHA
Previous Owner $39,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $349,900 0.0% $94 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $349,900 0.0% $94 / Sq Ft
06/30/2024 06/30/24 Off Market $349,900 -- --
05/15/2024 05/15/24 For Sale $349,900 0.0% $94 / Sq Ft
05/14/2024 05/14/24 Off Market $349,900 -- --
03/07/2024 03/07/24 For Sale $349,900 +149.9% $94 / Sq Ft
10/29/2020 10/29/20 Sold $140,000 -6.0% $39 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $149,000 +14.6% $41 / Sq Ft
06/30/2015 06/30/15 Sold $130,000 -7.1% $36 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/21/2014 04/21/14 For Sale $139,900 -- $39 / 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 $3,462 $272,400 $49,500 $222,900
2024 $3,166 $246,800 $49,500 $197,300
2023 $3,222 $229,500 $35,900 $193,600
2022 $2,759 $171,900 $34,200 $137,700
2021 $3,098 $175,400 $31,100 $144,300
2020 $2,965 $172,600 $28,300 $144,300
2019 $2,960 $169,600 $26,700 $142,900
2018 $2,810 $143,600 $24,300 $119,300
2017 $2,929 $143,600 $24,300 $119,300
2016 $2,812 $141,800 $24,300 $117,500
2015 $2,698 $141,800 $24,300 $117,500
2014 $2,613 $141,800 $24,300 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73209941

MLS Property Information Network (MLS PIN)

APN: ATHO-000030-000451