NOT LISTED FOR SALE

8 Franklin St Leominster, MA 01453

Estimated Value: $465,560 - $546,000

4 Beds
2 Baths
2,286 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $425,000 $186 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,225/month

4 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Park
  • Wood Flooring
  • Patio
  • Shops

About This Home

As of June 2023

Here is your opportunity to own this well maintained 4 bed, 2 bath 2 family home in Leominster! Unit 1 offers a large dine in kitchen, living room, family room, mudroom, 3 season porch, a primary bedroom with dressing room, a full bath and 2 additional bedrooms upstairs. The second unit is on level 2 and provides a living room, kitchen, 3 season porch, a bedroom and full bath. Plenty of off street parking, 1 car garage with side entry and storage. Convenient location – close to many stores, restaurants, highway and more. OFFER DEADLINE - 5/15 @6:00 PM - have offer good until Tuesday morning.

Last Agent to Sell the Property

Cyndi Deshaies

Lamacchia Realty, Inc. Listed on: 05/12/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

Ligia Garcia

Coldwell Banker Realty - Waltham

Coldwell Banker Realty - Waltham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,433

Year Built

  • Built in 1919

Lot Details

  • 8,944 Sq Ft Lot
  • Property fronts an easement
  • Level Lot
  • Cleared Lot

Parking

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

Home Design

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

Interior Spaces

  • 2,286 Sq Ft Home
  • Property has 2 Levels
  • Insulated Doors
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Bulkhead
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • 100 Amp Service
  • 60 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $925
  • Rent includes unit 2(heat electric gas hot water)
  • Legal Lot and Block L:0000 / B:0002
  • Assessor Parcel Number M:0331 B:0002 L:0000,1583451

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $11,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,433

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1919
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower,Slider), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Family Room,Mudroom), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 2286
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 159.67
  • PRICE PER Sq Ft: 185.91
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Oil,Individual,Unit Control), Unit 2(Hot Water Radiators,Individual)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School
  • Rent Includes: Unit 2(Heat,Electric,Gas,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0331 B:0002 L:0000,1583451
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Cleared, Level
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8944
  • Lot Size Units: Acres
  • PAGE: 220
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5433
  • Tax Block: B:0002
  • Tax Book Number: 1185
  • Tax Lot: L:0000
  • Tax Map Number: M:0331

Multi Family

  • Gross Income: 11100
  • Net Operating Income: 11100
  • Number Of Units Total: 2
  • Total Actual Rent: 925
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • 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
Apr 24, 1992
Sold by
Fay Warren P and Fay Betty
Bought by
Levesque Norman
Current Estimated Value
$500,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1977
Bought by
Landry Bertha 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
Levesque Norman $67,500 --
Landry Bertha M $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Bertha M $55,000
Closed Landry Bertha M $35,000
Closed Landry Bertha M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $425,000 +16.4% $186 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $365,000 -- $160 / 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 $5,848 $416,800 $117,600 $299,200
2024 $5,657 $389,900 $112,000 $277,900
2023 $5,433 $349,600 $97,400 $252,200
2022 $5,182 $312,900 $84,700 $228,200
2021 $4,895 $270,000 $65,900 $204,100
2020 $4,855 $270,000 $65,900 $204,100
2019 $4,429 $238,900 $62,800 $176,100
2018 $4,311 $223,000 $60,900 $162,100
2017 $3,595 $182,200 $56,900 $125,300
2016 $3,428 $175,100 $56,900 $118,200
2015 $3,239 $166,600 $56,900 $109,700
2014 $3,325 $176,000 $60,300 $115,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73110720

MLS Property Information Network (MLS PIN)

APN: LEOM-000331-000002