NOT LISTED FOR SALE

85 Grove St Unit 87 Shrewsbury, MA 01545

Estimated Value: $555,000 - $754,000

4 Beds
4 Baths
1,785 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $530,000 $297 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,431/month

4 Days on Market

About This Home

As of December 2021

Rare opportunity to own a multi family in Shrewsbury. Well maintained home in a great location close to major routes, shopping, restaurants and UMass Hospital. Each unit has 2 bedrooms with dedicated laundry spaces in the basement. Windows (approx 15 yrs); Vinyl (approx 12 yrs); Plenty of storage and dedicated off street parking. Unit 1 (#85) has updated farmhouse kitchen, dining/living room with hardwood floors throughout, 2 bedrooms, refreshed full bathroom, basement (walkout) laundry and some finished space, covered deck and pull down attic. Unit 2 (#87) has updated kitchen, granite counter tops, living/dining room, 2 bedrooms, updated full bathroom, carpet, alcove with desk, guest parking area, basement with laundry and storage. Beautiful large, flat yard.

Last Agent to Sell the Property

Lynne Grden

Keller Williams Pinnacle MetroWest Listed on: 09/16/2021

Keller Williams Pinnacle MetroWest

Last Buyer's Agent

Natasha Cruz

Madelyn Garcia Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61

Year Built

  • 1970

Lot Details

  • 0.4

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Route 9 or Route 20 to Lake Street to Grove Street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Appliances: Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Has Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Radon Remediation System, Concrete
  • Total Bathrooms: 4
  • MAIN LO: AN6641
  • LIST PRICE PER Sq Ft: 274.45
  • PRICE PER Sq Ft: 296.92
  • MAIN SO: BB3163
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood,Tile,Carpet, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Stone/Granite/Solid Counters,High Speed Internet Hookup,Bathroom With Tub,Internet Available - Fiber-Optic), Unit 2(Ceiling Fans,Lead Certification Available,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Countertops,Bathroom With Tub & Shower,Internet Available - Fiber-Optic), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Property Condition: Unit 1 Remodeled
  • Construction Type: Frame
  • Disclosures: Seller Does Not Live At The Property; Current Rents Are Below Market Value. Current Long Term Tenants Have Month To Month Leases.
  • Exclusions: Tenant's Personal Property
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Covered
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Guest, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Oil), Unit 2(Oil)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Shopping, Tennis Court(s), Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • HOA Rent Includes: Unit 1(Heat), Unit 2(Heat)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 808

Schools

  • Elementary School: Coolidge
  • High School: Shrewsbury
  • Middle Or Junior School: Sherwood/Oak

Lot Info

  • LOT SIZE: 17424
  • PAGE: 140
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 17424
  • Zoning: RA

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Electric Expense: 833
  • Annual Gross Income: 27000
  • Insurance Expense: 1350
  • Property Net Operating Income: 27000
  • Number Of Units Total: 2
  • Annual Operating Expense: 5818
  • Total Actual Rent: 2230

Tax Info

  • Tax Annual Amount: 4573
  • Tax Book Number: 48060
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 3, 2021
Sold by
Lino-Xavier Joao P and Xavier Judite C
Bought by
Cruz Natasha
Seller's Agent
Lynne Grden
Keller Williams Pinnacle MetroWest
Buyer's Agent
Natasha Cruz
Madelyn Garcia Real Estate
List Price
$489,900
Sold Price
$530,000
Premium/Discount to List
$40,100
8.19%
Current Estimated Value
$643,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,728
Avg. Annual Appreciation
5.18%
Original Mortgage
$474,155
Outstanding Balance
$435,981
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$207,747

Purchase Details

Closed on
Nov 1, 2011
Sold by
Gingerelli Michael and Gingerelli Charles
Bought by
Xavier Judite C and Xavier Joao P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cruz Natasha $530,000 None Available
Xavier Judite C $242,345 --
Xavier Judite C $242,345 --
Xavier Judite C $242,345 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Natasha $474,155
Closed Cruz Natasha $474,155
Previous Owner Xavier Judite C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $530,000 +8.2% $297 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $489,900 -- $274 / 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 $61 $506,600 $259,700 $246,900
2024 $6,119 $494,300 $247,400 $246,900
2023 $6,303 $480,400 $247,400 $233,000
2022 $5,590 $396,200 $247,400 $148,800
2021 $4,573 $346,700 $197,900 $148,800
2020 $4,192 $336,200 $197,900 $138,300
2019 $4,032 $320,800 $181,500 $139,300
2018 $3,906 $308,500 $173,800 $134,700
2017 $3,748 $292,100 $157,400 $134,700
2016 $3,756 $288,900 $147,400 $141,500
2015 $3,758 $284,700 $142,400 $142,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895997

MLS Property Information Network (MLS PIN)

APN: SHRE-000046-000000-131000