NOT LISTED FOR SALE

85 Mechanic St Shelburne Falls, MA 01370

Estimated Value: $348,000 - $567,000

5 Beds
3 Baths
2,760 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $368,000 $133 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,740/month

273 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Community Stables
  • Waterfront
  • Wood Flooring

About This Home

As of July 2022

The seller has finished repairing numerous issues for this 3 family near the elementary school in Shelburne Falls. Almost an acre featuring a large, level grass field, garden area, and a stream in back. Each unit features spacious rooms. There's an original tin ceiling in the first floor apartment's kitchen and a beamed ceiling in the living room. The large enclosed porch allows bike and garden tool storage. One second floor unit has 2 levels. All units are bright with an assortment of oak and pine flooring. Two of the apartments have a laundry room in the unit. All stoves and refrigerators included plus 2 washing machines and 2 dryers. All separate utilities, all windows have been replaced with thermopane. Let me show you how to make the numbers work for you as an investor or owner-occupier.

Last Agent to Sell the Property

Phil Pless

Coldwell Banker Community REALTORS® Listed on: 08/23/2021

Coldwell Banker Community REALTORS®

Last Buyer's Agent

Mark Rodgers

Gallagher Real Estate

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1900

Lot Details

  • 0.94 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Garden

Home Design

  • 2,760 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Flooring

  • Wood
  • Pine Flooring
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bcklnd-Shelbrn Elementary School
  • Mohawk Tr RMS Middle School
  • Mohawk Tr RHS High School

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Knob And Tube Electrical Wiring
  • 100 Amp Service
  • Propane Water Heater

Listing and Financial Details

  • Total Actual Rent $3,200
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 33
  • Assessor Parcel Number M:043.0 B:0033 L:0000.0

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $2,038
  • Water Sewer Expense $1,000
  • Operating Expense $18,011
  • Net Operating Income $8,803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit,Laminate,Hardwood,Pine, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower,Internet Available - Broadband), Unit 2(Bathroom With Tub & Shower,Internet Available - Broadband), Unit 3(Bathroom With Tub & Shower,Internet Available - Broadband), Unit 1 Rooms(Living Room,Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Living Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer), Electric Water Heater,Propane Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 2760
  • Stories Total: 5
  • MAIN LO: AN5910
  • LIST PRICE PER Sq Ft: 127.54
  • PRICE PER Sq Ft: 133.33
  • MAIN SO: AN1364

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Slate
  • Waterfront Features: Waterfront, Stream, Creek
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Propane), Unit 2(Electric Baseboard,Electric,Wall Unit,Propane), Unit 3(Electric Baseboard,Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Shelb
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1000

Lot Info

  • Parcel Number: M:043.0 B:0033 L:0000.0
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.94
  • Lot Size Area: 0.94
  • Lot Size Sq Ft: 40946
  • Lot Size Units: Acres
  • PAGE: 62

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5137
  • Tax Book Number: 5718
  • Tax Lot: 33
  • Tax Map Number: 43

Multi Family

  • Gross Income: 26814
  • Insurance Expense: 2038
  • Net Operating Income: 8803
  • Number Of Units Total: 3
  • Operating Expense: 18011
  • Total Actual Rent: 3200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

MLS Schools

  • High School: Mohawk Tr Rhs
  • Elementary School: Bcklnd-Shelbrn
  • Middle Or Junior School: Mohawk Tr Rms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2015
Sold by
Shifflett Nelson A and Driscoll Linda E
Bought by
Shelburne Falls Rlty C
Current Estimated Value
$443,802

Purchase Details

Closed on
Jul 22, 2009
Sold by
Shifflett Nelson A and Driscoll Linda E
Bought by
Shelburne Falls Rlty C
Source: Public Records

Range of Values:

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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
Shelburne Falls Rlty C -- --
Shelburne Falls Rlty C -- --
Shelburne Falls Rlty C -- --
Shelburne Falls Rlty C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $368,000 +4.5% $133 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/19/2022 05/19/22 Price Changed $352,000 0.0% $128 / Sq Ft
05/19/2022 05/19/22 For Sale $352,000 -4.3% $128 / Sq Ft
02/11/2022 02/11/22 Off Market $368,000 -- --
01/21/2022 01/21/22 Pending -- -- --
08/23/2021 08/23/21 For Sale $325,000 -- $118 / 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 $4,640 $361,400 $82,200 $279,200
2024 $4,792 $361,400 $82,200 $279,200
2023 $4,612 $337,900 $85,700 $252,200
2022 $4,266 $294,400 $85,700 $208,700
2021 $4,004 $276,700 $77,900 $198,800
2020 $3,775 $270,000 $81,800 $188,200
2019 $3,576 $248,500 $77,900 $170,600
2018 $3,661 $232,300 $65,400 $166,900
2017 $3,450 $232,300 $65,400 $166,900
2015 $2,834 $204,000 $67,800 $136,200
2014 $2,778 $204,000 $67,800 $136,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72885053

MLS Property Information Network (MLS PIN)

APN: SHEL-000430-000033