NOT LISTED FOR SALE

85 Bolton St Marlborough, MA 01752

Estimated Value: $847,000 - $953,000

7 Beds
3 Baths
3,182 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $572,000 $180 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,454/month

27 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • 3-minute walk to Union Common
  • Deck
  • Garden

About This Home

As of July 2019

Well maintained and recently updated 3 family located minutes from Marlborough's Downtown Center. 1st and 2nd floor units have over-sized rooms with high ceiling, new flooring, paint, appliances, lighting, bath fixtures, and replacement windows. Large 3rd floor unit with recent updates to the bath and kitchen. All rents exceed current market conditions and will produce a cash flowing, turnkey investment property. Separately metered utilities. Off St parking for 6+ cars. Double lot with .41 acres of land. Large basement could be separated into paid Tenant storage. Coin-op laundry could be added for an additional revenue source. The two 3 bedroom units are certified de-leaded.

Last Agent to Sell the Property

Robert Jordan

Jordan Property Solutions Listed on: 04/25/2019

Last Buyer's Agent

Robert Jordan

Jordan Property Solutions Listed on: 04/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 1890

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Garden

Flooring

  • Wood
  • Vinyl

Additional Features

  • Deck
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:057 B:217 L:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,139

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 1.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 172.82
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Wood, Vinyl, Varies Per Unit
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: AC1736
  • Main So: AC1736
  • Estimated Sq Ft: 3182.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame, Brick, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Brick
  • Exterior Features: Deck - Wood, Professional Landscaping, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Common, Stone/Gravel, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range, for Electric Range, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School

Lot Info

  • Assessments: 286300.00
  • Acre: 0.41
  • Lot Size: 18019.00
  • Page: 489
  • Parcel Number: M:057 B:217 L:000
  • Zoning: RES
  • Lot Description: Corner, Paved Drive, Additional Land Avail., Level

Green Features

  • Energy Features: Insulated Windows, Varies per Unit

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 4595
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 4189.00
  • Assessor Parcel Number: 612041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jul 16, 2019
Sold by
Hayes John P and Hayes George E
Bought by
Artzi Shay and Artzi Natalie
Seller's Agent
Robert Jordan
Jordan Property Solutions
Buyer's Agent
Robert Jordan
Jordan Property Solutions
List Price
$549,900
Sold Price
$572,000
Premium/Discount to List
$22,100
4.02%
Current Estimated Value
$893,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,433
Avg. Annual Appreciation
7.55%
Original Mortgage
$423,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2012
Sold by
J & G Realty Llc
Bought by
Hayes John P and Hayes George E

Purchase Details

Closed on
Jul 30, 2010
Sold by
Ne Heritage Prop Corp
Bought by
J & G Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2010
Sold by
Bbd Prop Llc
Bought by
Ne Heritage Prop Corp

Purchase Details

Closed on
May 22, 2001
Sold by
Canzater Alonzo and Canzater Regina
Bought by
Alonge Francesco and Alonge Guisepina

Purchase Details

Closed on
Oct 25, 1999
Sold by
Hamilton Gary N and Hamilton Carl N
Bought by
Canzater Alonzo and Canzater Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,830
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1990
Sold by
Marlborough Coop Bk
Bought by
Hamilton Gary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1990
Sold by
85 Bolton St Rt
Bought by
Marlborough Coop Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
10.27%
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
Artzi Shay $572,000 --
Hayes John P -- --
J & G Realty Llc $1,160,000 --
Ne Heritage Prop Corp $1,134,000 --
Alonge Francesco $250,000 --
Canzater Alonzo $201,000 --
Hamilton Gary N $158,000 --
Marlborough Coop Bk $170,003 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Artzi Natalie $405,000
Closed Artzi Shay $414,852
Closed Artzi Shay $423,000
Previous Owner J & G Realty Llc $870,000
Previous Owner Bbd Prop Llc $2,700,000
Previous Owner Alonge Francesco $203,000
Previous Owner 85 Bolton St Rt $75,830
Previous Owner 85 Bolton St Rt $219,000
Previous Owner 85 Bolton St Rt $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $572,000 +4.0% $180 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $549,900 -- $173 / 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 $7,139 $724,000 $215,800 $508,200
2024 $6,456 $630,500 $196,100 $434,400
2023 $6,653 $576,500 $158,600 $417,900
2022 $6,599 $503,000 $151,000 $352,000
2021 $6,355 $460,500 $123,100 $337,400
2020 $5,988 $422,300 $119,900 $302,400
2019 $5,058 $359,500 $117,500 $242,000
2018 $4,189 $286,300 $99,600 $186,700
2017 $4,123 $269,100 $97,400 $171,700
2016 $4,019 $262,000 $97,400 $164,600
2015 $3,582 $227,300 $99,800 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72488512

MLS Property Information Network (MLS PIN)

APN: MARL-000057-000217