NOT LISTED FOR SALE

Estimated Value: $539,816 - $670,000

6 Beds
3 Baths
2,751 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $475,000 $173 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,779/month

7 Days on Market

Highlights

  • Medical Services
  • Deck
  • Jogging Path
  • Granite Flooring
  • Property is near public transit
  • Shops

About This Home

As of July 2023

Investors / Owner occupied buyers take a look at this updated 3 family in the highly sought after town of Millbury. Great location close to shops and restaurants. All separate utilities, there are two 1 bedroom units and one 4 bedroom unit all TAWs. Off street parking, nice and clean property. All the heavy lifting has been done, nothing to do here but collect rents. No showings until Open House 6/3 from 12:00 - 2:00. Don't miss this one.

Last Agent to Sell the Property

Robert Brown

RE/MAX Executive Realty Listed on: 05/30/2023

RE/MAX Executive Realty

Last Buyer's Agent

Daniel Pareene

EXIT Premier Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1900

Lot Details

  • 5,783

Home Design

  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,751 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Additional Features

  • Deck
  • 5,783 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $3,150
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Block 143
  • Assessor Parcel Number 3581404

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Jogging Path

Building Details

  • Insurance Expense $1,527
  • Water Sewer Expense $1,765
  • Operating Expense $4,312
  • Net Operating Income $33,488

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,521

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2751
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 174.12
  • PRICE PER Sq Ft: 172.66
  • MAIN SO: B95066

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone, Brick/Mortar, Granite
  • Frontage Length: 7777
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1765

Lot Info

  • Parcel Number: 3581404
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5783
  • Lot Size Units: Acres
  • PAGE: 368
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4521
  • Tax Block: 143
  • Tax Book Number: 59251
  • Tax Lot: 0
  • Tax Map Number: 53

Multi Family

  • Gross Income: 37800
  • Insurance Expense: 1527
  • Net Operating Income: 33488
  • Number Of Units Total: 3
  • Operating Expense: 4312
  • Total Actual Rent: 3150
  • 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: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 1993
Sold by
Meridian Mtg Corp
Bought by
Ali Iqbal
Current Estimated Value
$598,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1993
Sold by
Moran William J and Meridian Mtg Corp
Bought by
Meridian Mtg Corp

Purchase Details

Closed on
Jan 14, 1988
Sold by
Messier Leo J
Bought by
Messier J M
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
Ali Iqbal $35,000 --
Ali Iqbal $35,000 --
Meridian Mtg Corp $59,500 --
Meridian Mtg Corp $59,500 --
Messier J M $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sopot Artem $454,500
Closed Sopot Artem $451,250
Closed Blackstone Valley Real $196,000
Closed Ali Iqbal $208,000
Closed Ali Iqbal $245,600
Open Ali Iqbal $3,200,000
Closed Messier J M $62,400
Closed Messier J M $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $475,000 -0.8% $173 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $479,000 +110.5% $174 / Sq Ft
08/13/2018 08/13/18 Sold $227,500 -15.4% $83 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $269,000 -- $98 / 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 $6,050 $451,800 $98,500 $353,300
2024 $5,213 $394,000 $91,200 $302,800
2023 $4,521 $312,900 $63,900 $249,000
2022 $3,917 $261,100 $63,900 $197,200
2021 $3,887 $251,900 $63,900 $188,000
2020 $3,708 $241,900 $63,900 $178,000
2019 $3,056 $192,800 $58,100 $134,700
2018 $2,856 $174,800 $58,100 $116,700
2017 $2,915 $177,400 $58,100 $119,300
2016 $2,668 $162,100 $58,100 $104,000
2015 $2,617 $159,000 $61,800 $97,200
2014 $2,500 $146,200 $61,800 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73117135

MLS Property Information Network (MLS PIN)

APN: MILB-000053-000000-000143