NOT LISTED FOR SALE

8 3rd St Fitchburg, MA 01420

Estimated Value: $351,000 - $422,000

6 Beds
2 Baths
2,422 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $255,000 $105 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,038/month

48 Days on Market

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Porch
  • Wood Flooring
  • Corner Lot
  • 2-minute walk to Sadie Quatrale Park

About This Home

As of November 2021

Great 2 family on corner lot . Over 2,000 square feet taking in $1900/month. Large three bedroom apartments offering beautiful hardwood floors, laundry hookups and separate utilities. Nothing to do here. Vinyl sided for low maintenance. Vinyl windows installed in 2015. Blown-in insulation for higher efficiency. Roof done within the last year. Oak cabinets. Tenant at Will agreements. Circuit breakers and landlord meter to be installed before closing. 24 hour notice. Saturdays best for tenants.

Last Agent to Sell the Property

Kris Koliss

Paramount Realty Group Listed on: 08/02/2021

Last Buyer's Agent

John Keefe

Keller Williams Realty-Merrimack

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,422 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Garage Access

Utilities

  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $1,900
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1506371

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,870
  • Operating Expense $1,870
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,597

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater,Electric Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Walk-Out Access, Interior Entry, Garage Access
  • Living Area: 2422
  • Stories Total: 3
  • MAIN LO: K95528
  • LIST PRICE PER Sq Ft: 111.44
  • PRICE PER Sq Ft: 105.28
  • MAIN SO: AN5635

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Gas,Electric)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 1870

Lot Info

  • Parcel Number: 1506371
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2060
  • PAGE: 165

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3596.67
  • Tax Book Number: 7063

Multi Family

  • Gross Income: 22800
  • Net Operating Income: 22800
  • Number Of Units Total: 2
  • Operating Expense: 1870
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2009
Sold by
Mayer Melanie M and Mayer Christopher J
Bought by
Mayer Christopher J
Current Estimated Value
$387,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,293
Outstanding Balance
$68,308
Interest Rate
5.06%
Mortgage Type
FHA
Estimated Equity
$319,483

Purchase Details

Closed on
Jan 8, 2004
Sold by
Ledgard Jeffrey D
Bought by
Mayer Christopher J and Mikels Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1998
Sold by
Fhlmc
Bought by
Ledgard Jeffrey D

Purchase Details

Closed on
Dec 16, 1997
Sold by
Valentin William A and Marine Midland Bank
Bought by
Fhlmc

Purchase Details

Closed on
Jun 7, 1988
Sold by
Dantini Mary A
Bought by
Valentin William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
10.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mayer Christopher J -- --
Mayer Christopher J $167,500 --
Ledgard Jeffrey D $18,500 --
Fhlmc $15,000 --
Valentin William A $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Christopher J $104,293
Previous Owner Mayer Christopher J $150,750
Previous Owner Valentin William A $64,000
Previous Owner Valentin William A $44,000
Previous Owner Valentin William A $68,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $255,000 0.0% $105 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/01/2021 09/01/21 For Sale -- -- --
08/11/2021 08/11/21 Off Market $255,000 -- --
08/02/2021 08/02/21 For Sale $285,000 -- $118 / 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 $45 $330,700 $51,700 $279,000
2024 $4,576 $309,000 $31,000 $278,000
2023 $4,351 $271,600 $23,800 $247,800
2022 $4,008 $227,600 $20,900 $206,700
2021 $3,597 $189,000 $15,900 $173,100
2020 $3,339 $169,400 $13,000 $156,400
2019 $2,936 $143,300 $18,000 $125,300
2018 $2,748 $130,800 $16,600 $114,200
2017 $2,456 $114,300 $15,100 $99,200
2016 $2,390 $112,600 $15,100 $97,500
2015 $2,279 $110,200 $15,900 $94,300
2014 $2,169 $109,400 $15,900 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72875059

MLS Property Information Network (MLS PIN)

APN: FITC-000082-000029