NOT LISTED FOR SALE

67 Lancaster St Leominster, MA 01453

Estimated Value: $457,496 - $620,000

5 Beds
3 Baths
2,245 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $360,000 $160 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,385/month

55 Days on Market

About This Home

As of November 2021

PRICE DROP!!! MOTIVATED SELLER!!! Great opportunity for investor or owner occupied. Three family home in corner lot with plenty of parking conveniently located close to markets, restaurants and I-190. . 2/1/1. First floor TWO BEDROOM apartment is VACANT & READY TO MOVE IN!!! This unit has been recently updated. New carpets installed and freshly painted. Unit 2 & 3 features one bedroom, kitchen, living room and extra space for an office. Each unit has separate utilities. Electric meter for each unit plus landlord meter. Don't miss the opportunity to add this property to your investment portfolio or move-in and receive some rental income to help pay your mortgage.

Last Agent to Sell the Property

Elizabeth Champi

Property Investors & Advisors, LLC Listed on: 08/20/2021

Last Buyer's Agent

Elizabeth Champi

Property Investors & Advisors, LLC Listed on: 08/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,294

Year Built

  • 1900

Lot Details

  • 7,841

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,294

Year Built

1900

Lot Details

0

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: gps
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Total Bathrooms: 3
  • MAIN LO: AN6259
  • LIST PRICE PER Sq Ft: 169.22
  • PRICE PER Sq Ft: 160.36
  • MAIN SO: AN6259
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Living Room, Kitchen
  • Stories: 4

Exterior Features

  • Foundation Details: Stone
  • Disclosures: Buyer/Ba To Verify All Information.
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 7693
  • PAGE: 243
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7840.799999
  • Zoning: r

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 2: 2
  • Annual Gross Income: 10800
  • Property Net Operating Income: 10800
  • Number Of Units Total: 3
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 4850
  • Tax Book Number: 9154
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 15, 2021
Sold by
Gramajo Evelyn Y
Bought by
Cormier Jason and Cormier Lisa
Seller's Agent
Elizabeth Champi
Property Investors & Advisors, LLC
Buyer's Agent
Elizabeth Champi
Property Investors & Advisors, LLC
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$517,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,874
Avg. Annual Appreciation
10.36%
Original Mortgage
$270,000
Outstanding Balance
$249,026
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,848

Purchase Details

Closed on
Aug 30, 2018
Sold by
Escobar Jose A
Bought by
Gramajo Evelyn Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 17, 2014
Closed on
Dec 12, 2014
Sold by
Diaz-Cuello Marcela and Plosker Matthew C
Bought by
Escobar Jose A
Seller's Agent
Kelle O'Keefe
Keller Williams Realty North Central
Buyer's Agent
Elizabeth Champi
Property Investors & Advisors, LLC
List Price
$184,900
Sold Price
$145,500
Premium/Discount to List
-$39,400
-21.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$138,225
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Us Bk
Bought by
Diaz-Cuello Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2008
Sold by
Valera Joseph S
Bought by
Us Bk

Purchase Details

Closed on
Mar 8, 2001
Sold by
Bal-Jam Corp
Bought by
Valera Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,220
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 1987
Sold by
Mcfarland George W
Bought by
Bal-Jam Corp
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
Cormier Jason $360,000 None Available
Gramajo Evelyn Y $240,000 --
Escobar Jose A $145,500 --
Diaz-Cuello Marcela $100,000 --
Us Bk $144,000 --
Valera Joseph S $111,000 --
Bal-Jam Corp $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormier Jason $270,000
Previous Owner Gramajo Evelyn Y $235,653
Previous Owner Escobar Jose A $138,225
Previous Owner Diaz-Cuello Marcela $98,188
Previous Owner Valera Joseph S $247,500
Previous Owner Valera Joseph S $49,500
Previous Owner Valera Joseph S $251,250
Previous Owner Valera Joseph S $28,000
Previous Owner Bal-Jam Corp $180,000
Previous Owner Bal-Jam Corp $27,500
Previous Owner Bal-Jam Corp $113,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $360,000 -10.0% $160 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $399,900 +174.8% $178 / Sq Ft
12/16/2014 12/16/14 Sold $145,500 -21.3% $65 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $184,900 -- $82 / 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 $6,294 $448,600 $115,600 $333,000
2024 $6,173 $425,400 $110,100 $315,300
2023 $5,857 $376,900 $95,700 $281,200
2022 $4,963 $299,700 $83,200 $216,500
2021 $4,850 $267,500 $64,800 $202,700
2020 $4,243 $236,000 $64,800 $171,200
2019 $4,318 $232,900 $61,700 $171,200
2018 $4,075 $210,800 $59,900 $150,900
2017 $3,510 $177,900 $55,900 $122,000
2016 $3,272 $167,100 $55,900 $111,200
2015 $3,248 $167,100 $55,900 $111,200
2014 $3,166 $167,600 $59,800 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72884587

MLS Property Information Network (MLS PIN)

APN: LEOM-000097-000001