NOT LISTED FOR SALE

81-83 Willard St Ayer, MA 01432

Ayer Area

Estimated Value: $562,765

5 Beds
3.5 Baths
1,872 Sq Ft
$301/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2022

Last sale price $482,000 $257 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,453 / mo

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Property is near public transit and schools
  • Jogging Path
  • Park

About This Home

As of September 2022

Perfect opportunity for an Investor or owner occupied buyer!! This turnkey asset is a 2 family property with new roof as of 2019. Unit 1 is a renovated 2 bedroom. The unit has modern updates including: new kitchen countertops, appliances, cabinets, grey vinyl flooring, brand-new hot water heater, bathroom vanities and tub/shower. The second unit has 3 bedrooms and beautifully refinished hardwood floors. Both units have fresh paint throughout and washer/dryer hook-ups in the basement. Tenants pay all utilities (including cold water). The walk-out basement (potential 3rd unit) has 2/3 bedrooms, 1.5 bathrooms, separate utilities and is 65% finished. There is Off street parking for 6+ cars. For the investors; the Pro Forma numbers provide a Cap Rate of 8%.

Last Agent to Sell the Property

Justin Barall

The Tate Team License #449594116 Listed on: 08/01/2022

Last Buyer's Agent

Greta Donahue

Century 21 North East

Century 21 North East
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

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

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit and schools

Schools

  • Laura A. White Elementary School
  • Ayer-Shirley Middle School
  • Ayer-Shirley High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,050
  • Assessor Parcel Number M:035 B:0000 L:0072,348191

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $39,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,129

Year Built

Built in 1940 | Remodeled

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1940
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Vinyl,Hardwood, Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Upgraded Countertops,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Finished, Partially Finished
  • Living Area: 1872
  • Stories Total: 2
  • MAIN LO: AN0689
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air)
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School

Lot Info

  • Parcel Number: M:035 B:0000 L:0072,348191
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4129

Multi Family

  • Net Operating Income: 39491
  • Number Of Units Total: 2
  • Total Actual Rent: 4050
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Ayer-Shirley
  • Elementary School: Laura A. White
  • Middle Or Junior School: Ayer-Shirley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 29, 2022
Sold by
Bought by
Seller's Agent
Justin Barall
The Tate Team
Buyer's Agent
Greta Donahue
Century 21 North East
List Price
$480,000
Sold Price
$482,000
Premium/Discount to List
$2,000
0.42%
Views
2
Current Estimated Value
$562,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,765
Avg. Annual Appreciation
4.12%
Original Mortgage
$465,913
Outstanding Balance
$439,397
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$123,368

Purchase Details

Closed on
Dec 10, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,292
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$482,000 None Available
$287,500 None Available
-- --
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $465,913
Previous Owner $282,292
Previous Owner $205,000
Closed $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $482,000 +0.4% $257 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $480,000 -- $256 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,592 $467,600 $114,400 $353,200
2024 $4,341 $354,400 $114,400 $240,000
2023 $4,079 $328,400 $107,400 $221,000
2022 $4,129 $307,700 $93,500 $214,200
2021 $3,799 $268,700 $85,200 $183,500
2020 $3,870 $274,500 $81,800 $192,700
2019 $3,567 $261,700 $77,900 $183,800
2018 $3,384 $234,500 $75,600 $158,900
2017 $3,314 $230,300 $79,000 $151,300
2016 $3,412 $234,800 $84,700 $150,100
2015 $3,170 $216,800 $90,400 $126,400
2014 $3,195 $226,900 $90,400 $136,500
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73019735

MLS Property Information Network (MLS PIN)

APN: AYER-000035-000000-000072

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