NOT LISTED FOR SALE

80 E Main St Merrimac, MA 01860

Estimated Value: $432,000 - $660,000

7 Beds
4 Baths
3,974 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $370,000 $93 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,719/month

12 Days on Market

About This Home

As of January 2021

Please submit offers by 6pm Tues 12/15 and text agent when you send. One of a kind, Huge, Vacant 3 family in prime mixed use location close to downtown. Priced to sell! This fixer upper is perfect for Investors, Contractors or those who would like a project. Two bedroom unit on the 1st floor offers hardwood flooring in the living room & updated kitchen & bath. There is another light and bright two bedroom unit on the 2nd floor. The third unit has upstairs/downstairs townhouse style living with three bedrooms two full baths & two Kitchens offering opportunities for renovation into a lovely space. The seller is looking into zoning as a 4 family. It is metered as such now. (4 gas, 4 electric & house meter. 1 water) There are laundry hookups in each unit. The backyard is open & flat. Plenty of parking & room for more. Property line is staked. As a bonus the house is on town water & sewer. All units are separately metered for electric & gas & have great potential!

Last Agent to Sell the Property

The Hutchinson Group

Churchill Properties Listed on: 12/10/2020

Last Buyer's Agent

Robert Palmisano

Properties Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,240

Lot Details

  • 0.47

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0041 B:0001 L:003-B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,240

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 100.40
  • Comp Based On: Gross/Full Sale Price
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Partial
  • Main Lo: AN4851
  • Main So: G56700
  • Estimated Sq Ft: 3974.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Individually Metered
  • Heat Zones: 4
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range, for Electric Oven, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping

Lot Info

  • Assessments: 460800.00
  • Acre: 0.47
  • Lot Size: 20600.00
  • Page: 310
  • Parcel Number: M:0041 B:0001 L:003-B
  • Zoning: C
  • Lot Description: Level

Multi Family

  • Heat Units: 4
  • Total Levels: 4
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6857.00
  • Assessor Parcel Number: 4233684
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 8, 2021
Sold by
Lagogiannis Efthimia and Lagogiannis George
Bought by
Robert J Palmisano Ret
Seller's Agent
The Hutchinson Group
Churchill Properties
Buyer's Agent
Robert Palmisano
Properties Unlimited
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$560,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,820
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Jun 8, 2020
Closed on
Oct 29, 2020
Sold by
Eighty East Main St Llc
Bought by
Lagogiannis Efthimia and Lagogiannis George
Seller's Agent
Heather Rogers
Realty One Group Nest
Buyer's Agent
Tracey Hutchinson
Churchill Properties
List Price
$499,900
Sold Price
$225,000
Premium/Discount to List
-$274,900
-54.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
968.23%
Original Mortgage
$168,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Waterhouse Tr George A and Waterhouse Richard A
Bought by
80 E Main Street Llc

Purchase Details

Closed on
Apr 1, 1966
Bought by
Eighty East Main St Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robert J Palmisano Ret $370,000 None Available
Lagogiannis Efthimia $225,000 None Available
80 E Main Street Llc -- --
Eighty East Main St Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert J Palmisano Ret $278,000
Previous Owner Lagogiannis Efthimia $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $370,000 -7.3% $93 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $399,000 +77.3% $100 / Sq Ft
10/29/2020 10/29/20 Sold $225,000 0.0% $57 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/11/2020 09/11/20 Off Market $225,000 -- --
08/27/2020 08/27/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $399,900 -20.0% $101 / Sq Ft
06/08/2020 06/08/20 For Sale $499,900 -- $126 / 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 $8,240 $621,900 $206,300 $415,600
2024 $8,211 $608,200 $206,300 $401,900
2023 $7,872 $533,000 $171,900 $361,100
2022 $8,382 $513,000 $146,100 $366,900
2021 $8,109 $497,500 $130,600 $366,900
2020 $6,857 $460,800 $130,600 $330,200
2019 $6,857 $433,700 $125,500 $308,200
2018 $6,835 $433,700 $125,500 $308,200
2017 $6,889 $421,600 $113,400 $308,200
2016 $6,813 $421,600 $113,400 $308,200
2015 $7,074 $435,300 $113,400 $321,900
2014 $6,917 $435,300 $113,400 $321,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72765875

MLS Property Information Network (MLS PIN)

APN: MERR-000041-000001-000003-B000000-B000000