NOT LISTED FOR SALE

8 Main St Pepperell, MA 01463

Estimated Value: $422,000 - $703,901

9 Beds
4 Baths
4,695 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $640,000 $136 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,243/month

6 Days on Market

Highlights

  • Community Stables
  • Wood Flooring
  • Jogging Path
  • Medical Services
  • 1 Fireplace
  • Porch

About This Home

As of May 2023

INVESTMENT OPPORTUNITY. This 3-unit apartment building is located in the heart of town. Each unit features separate utilities with gas heat. The first floor unit is a spacious three-bedroom apartment with living room, dining room, and kitchen. The second unit is a large five-bedroom with 2 baths .The third unit is a two bedroom apartment with living room and kitchen area. One of the standout features of this property is the attached barn, which provides plenty of additional storage space or could be converted into additional living space if desired. The barn features high ceilings and 2 garage doors making it perfect for storing vehicles, equipment, or other large items. Overall, this property is a fantastic investment opportunity for anyone looking to own a multi-family property with plenty of character and potential.

Last Agent to Sell the Property

Janet Cramb

LAER Realty Partners / Janet Cramb & Company Listed on: 03/31/2023

LAER Realty Partners / Janet Cramb & Company

Last Buyer's Agent

Oliver Shamberger

LAER Realty Partners / Janet Cramb & Company

LAER Realty Partners / Janet Cramb & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,988

Year Built

  • Built in 1843

Lot Details

  • 0.52 Acre Lot
  • Level Lot

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,695 Sq Ft Home
  • Decorative Lighting
  • 1 Fireplace
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected

Additional Features

  • Porch
  • Property is near schools

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0021 B:0021 L:00000,726119

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,988

Year Built

Built in 1843

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1843
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood,Carpet, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 2(Pantry,Bathroom with Shower Stall), Unit 3(Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry, Dirt Floor, Concrete
  • Living Area: 4695
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 136.1
  • PRICE PER Sq Ft: 136.32
  • MAIN SO: AN1199

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Individual), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Fuses, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0021 B:0021 L:00000,726119
  • Zoning: TNR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Sq Ft: 22642
  • Lot Size Units: Acres
  • PAGE: 206
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7988
  • Tax Book Number: 79531

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2018
Sold by
Downey Ann M and Downey Robert W
Bought by
Downey Robert W
Current Estimated Value
$625,725

Purchase Details

Closed on
Nov 25, 2003
Sold by
Gonynor Linda L and Gonynor Gary R
Bought by
Downey Ann M and Downey Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 1997
Sold by
Lantry Thomas A and Lantry Kathleen
Bought by
Gonynor Gary R and Gonynor Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,743
Interest Rate
7.5%
Mortgage Type
Commercial
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
Downey Robert W -- --
Downey Ann M $399,900 --
Gonynor Gary R $188,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagle Katharine $616,706
Closed Cramb Janet $392,755
Closed Keating Ariana A $269,925
Previous Owner Downey Robert W $229,000
Previous Owner Downey Ann M $319,900
Previous Owner Gonynor Gary R $51,900
Previous Owner Gonynor Gary R $207,000
Previous Owner Browning Gary A $182,771
Previous Owner Browning Gary A $183,743
Previous Owner Browning Gary A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $640,000 +0.2% $136 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $639,000 +77.5% $136 / Sq Ft
11/01/2018 11/01/18 Sold $359,900 -5.3% $77 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $379,900 -- $81 / 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 $9,078 $620,500 $153,800 $466,700
2024 $8,725 $608,000 $141,300 $466,700
2023 $7,988 $527,600 $119,300 $408,300
2022 $8,198 $478,000 $100,500 $377,500
2021 $8,019 $447,500 $87,900 $359,600
2020 $7,599 $447,500 $87,900 $359,600
2019 $7,341 $442,500 $87,900 $354,600
2018 $7,146 $436,000 $87,900 $348,100
2017 $6,380 $401,500 $81,600 $319,900
2016 $6,025 $364,500 $81,600 $282,900
2015 $5,814 $364,500 $81,600 $282,900
2014 $5,633 $355,200 $81,600 $273,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093900

MLS Property Information Network (MLS PIN)

APN: PEPP-000021-000021