Seller's Agent in 2017
James Black
Real Broker MA, LLC
(508) 365-3532
53 in this area
835 Total Sales
66 Central St Southbridge, MA 01550
Estimated Value: $339,000 - $595,000
11
Beds
8
Baths
5,236
Sq Ft
$85/Sq Ft
Est. Value
About This Home
As of January 2017This 8 unit property is conveniently located and generates strong income. 4 units are rented at this time. Many recent updates have been done to this property including the roofs, vinyl siding, replacement windows, hot water tanks. One building contains 4 residential units and a commercial space that is being used as a beauty salon. The second building contains 3 residential units. Some rents are to long term tenants and are below current market rate. Back building and basement unit need work.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,681
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Unknown
- Insc: 3900
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 18
- Amenities: Shopping, Medical Facility, Laundromat, House of Worship
- Electric: 110 Volts, 220 Volts, Circuit Breakers
- Basement: Full, Partially Finished
- Total Levels: 5
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 8
Utilities
- Hot Water: Electric
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 350
- Sewer: 4700
Condo/Co-op/Association
- Total Units: 8
Lot Info
- Zoning: LI
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/15
- Foundation: Unknown
- Total Bedrooms: 11
- Total Floors: 7
- Total Full Baths: 7
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 20
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2021
Sold by
Sherry John I and Forge T Co
Bought by
Resilient Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,149
Outstanding Balance
$397,252
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$50,415
Purchase Details
Closed on
Apr 18, 2019
Sold by
Foote Hunter T
Bought by
Southbridge Re Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 11, 2018
Sold by
Southbridge Re Llc
Bought by
Foote Hunter
Purchase Details
Listed on
Jun 28, 2016
Closed on
Jan 27, 2017
Sold by
Garieri Properties Llc
Bought by
Southbridge Re Llc
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$220,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2007
Sold by
Garieri Lynda and Garieri Scott A
Bought by
Garieri Prop Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Resilient Investments Llc | $310,000 | None Available | |
| Resilient Investments Llc | $310,000 | None Available | |
| Southbridge Re Llc | -- | -- | |
| Southbridge Re Llc | -- | -- | |
| Southbridge Re Llc | -- | -- | |
| Foote Hunter | -- | -- | |
| Foote Hunter | -- | -- | |
| Southbridge Re Llc | $160,000 | -- | |
| Southbridge Re Llc | $160,000 | -- | |
| Garieri Prop Llc | -- | -- | |
| Garieri Prop Llc | -- | -- | |
| Garieri Prop Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Resilient Investments Llc | $443,149 | |
| Closed | Resilient Investments Llc | $443,149 | |
| Previous Owner | Southbridge Re Llc | $280,000 | |
| Previous Owner | Southbridge Re Llc | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2017 01/27/17 | Sold | $160,000 | -13.5% | $31 / Sq Ft |
| 01/19/2017 01/19/17 | Pending | -- | -- | -- |
| 01/04/2017 01/04/17 | Price Changed | $185,000 | 0.0% | $35 / Sq Ft |
| 01/04/2017 01/04/17 | For Sale | $185,000 | -33.7% | $35 / Sq Ft |
| 12/07/2016 12/07/16 | Pending | -- | -- | -- |
| 12/06/2016 12/06/16 | For Sale | $279,000 | +74.4% | $53 / Sq Ft |
| 12/01/2016 12/01/16 | Off Market | $160,000 | -- | -- |
| 06/28/2016 06/28/16 | For Sale | $279,000 | -- | $53 / 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 | $3,681 | $251,100 | $28,400 | $222,700 |
| 2024 | $3,452 | $226,200 | $23,700 | $202,500 |
| 2023 | $3,242 | $204,700 | $23,700 | $181,000 |
| 2022 | $2,891 | $161,500 | $20,300 | $141,200 |
| 2021 | $2,556 | $131,500 | $20,300 | $111,200 |
| 2020 | $2,314 | $118,800 | $20,300 | $98,500 |
| 2018 | $2,148 | $103,500 | $18,000 | $85,500 |
| 2017 | $1,969 | $95,700 | $18,000 | $77,700 |
| 2016 | $1,934 | $95,700 | $18,000 | $77,700 |
| 2015 | $1,896 | $93,100 | $18,000 | $75,100 |
| 2014 | $1,828 | $93,100 | $18,000 | $75,100 |
Source: Public Records
Agents Affiliated with this Home
-
James Black
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72030593
APN: SBRI-000035-000006A-000001
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