NOT LISTED FOR SALE

8 Walnut St Milford, MA 01757

Estimated Value: $523,000 - $692,000

7 Beds
2 Baths
2,548 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $350,000 $137 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,848/month

5 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Park
  • Wood Flooring
  • Tennis Courts
  • 5-minute walk to Milford Town Park

About This Home

As of November 2017

Walk to the town center from this two family - ideal for investor or owner occupant! First floor has 5 rooms including 3 bedrooms, eat-in kitchen, refinished wood floors and newly painted interior. The 2nd apartment consists of 6 rooms: 4 bedrooms, fully applianced eat-in kitchen. There are separate driveways for each apartment, nice back yard, lead compliant certificates for both units and gas heat and hot water for each apartment. Separate washer and dryer hook-ups in the walk-out basement. Easy access to schools, park, restaurants and highway. A must see!!

Last Agent to Sell the Property

Stephen O'Loughlin

Realty Executives Listed on: 09/21/2017

Realty Executives

Last Buyer's Agent

Geraldo Franca

Mega Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1880

Lot Details

  • 4,792

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,548 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,395
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1615972

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $16,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,078

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Carpet, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Walk-Out Access, Unfinished
  • Living Area: 2548
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB2353
  • MAIN SO: K95546

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Community Features: Shopping, Pool, Tennis Court(s), Park, Medical Facility
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 1615972
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5183

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4078

Multi Family

  • Net Operating Income: 16740
  • Number Of Units Total: 2
  • Total Actual Rent: 1395
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 30, 2017
Sold by
Oloughlin Stephen
Bought by
Castro-Tacuri Rumaldo R and Castro-Tacuri Marif F
Seller's Agent
Stephen O'Loughlin
Realty Executives
Buyer's Agent
Geraldo Franca
Mega Realty Services
List Price
$299,900
Sold Price
$350,000
Premium/Discount to List
$50,100
16.71%
Current Estimated Value
$616,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,986
Avg. Annual Appreciation
7.40%
Original Mortgage
$280,000
Outstanding Balance
$235,369
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$381,617

Purchase Details

Listed on
Oct 6, 2011
Closed on
Mar 30, 2012
Sold by
Bank Of New York Mello
Bought by
Oloughlin Stephen
Seller's Agent
Michael Rodriguez
MAC Realty
Buyer's Agent
Scott Miller
Autograph Properties
List Price
$152,000
Sold Price
$110,199
Premium/Discount to List
-$41,801
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.61%

Purchase Details

Closed on
Nov 12, 2010
Sold by
Altieri Barbara
Bought by
Bank Of New York Mello

Purchase Details

Closed on
Jul 27, 2005
Sold by
Beyer Anna M
Bought by
Altieri Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Castro-Tacuri Rumaldo R $350,000 --
Oloughlin Stephen $110,199 --
Bank Of New York Mello $215,000 --
Altieri Barbara $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro-Tacuri Rumaldo R $280,000
Previous Owner Altieri Barbara $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2017 11/30/17 Sold $350,000 +16.7% $137 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $299,900 +172.1% $118 / Sq Ft
03/30/2012 03/30/12 Sold $110,199 -27.5% $49 / Sq Ft View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $152,000 -- $67 / 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 $7,232 $565,000 $149,400 $415,600
2024 $7,028 $528,800 $142,400 $386,400
2023 $6,602 $456,900 $130,300 $326,600
2022 $6,253 $406,300 $118,100 $288,200
2021 $5,751 $359,900 $118,100 $241,800
2020 $5,613 $351,700 $118,100 $233,600
2019 $5,113 $309,100 $118,100 $191,000
2018 $4,196 $253,400 $118,100 $135,300
2017 $4,078 $242,900 $118,100 $124,800
2016 $4,173 $242,900 $118,100 $124,800
2015 $4,082 $232,600 $112,900 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72232456

MLS Property Information Network (MLS PIN)

APN: MILF-000041-000000-000172