NOT LISTED FOR SALE

85 Pearl St Stoughton, MA 02072

Estimated Value: $868,000 - $906,000

9 Beds
3 Baths
3,983 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $755,000 $190 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,350/month

3 Days on Market

About This Home

As of March 2022

Don't miss this great investment property close to town center, shopping, transportation and all major routes. Great commuting location just .3 miles from commuter rail, 2 miles to Rte. 24 and 5 miles to Rte 95. Excellent income producing building with spacious units and 9 total bedrooms. Recent updates include partial roof replacement, 2 water heaters and 1 new boiler. Plenty of off street parking. Property is General Business zoned. Showings start Thursday 1/27 at 1:30PM.

Last Agent to Sell the Property

Steve Leavey

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 01/31/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Charles George

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,189

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,983 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Bulkhead

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,800
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0055 B:0048 L:0000,235009

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,080
  • Insurance Expense $1,979
  • Water Sewer Expense $6,260
  • Operating Expense $20,668
  • Net Operating Income $36,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,189

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1940
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Bulkhead
  • Living Area: 3983
  • Stories Total: 4
  • MAIN LO: AN6527
  • MAIN SO: AN2383

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 6260

Lot Info

  • Parcel Number: M:0055 B:0048 L:0000,235009
  • Zoning: GB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • LOT SIZE: 10767

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8189

Multi Family

  • Electric Expense: 1080
  • Insurance Expense: 1979
  • Net Operating Income: 36932
  • Number Of Units Total: 3
  • Operating Expense: 20668
  • Total Actual Rent: 4800
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 18, 2022
Sold by
Stoughton Pearl Llc
Bought by
Dias-Teodoro Natalie T and Dias-Teodoro Claudeir T
Seller's Agent
Steve Leavey
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Charles George
Real Broker MA, LLC
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%
Current Estimated Value
$886,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,439
Avg. Annual Appreciation
4.55%
Original Mortgage
$566,250
Outstanding Balance
$526,806
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$359,633

Purchase Details

Closed on
Sep 21, 2021
Sold by
Shankar Marimuthu and Shankar Anandhaveni
Bought by
Stoughtonpearl Llc

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jul 24, 2013
Sold by
Pereira Manuel D and Pereira Maria N
Bought by
Shankar Marimuthu and Shankar Anandhaveni
Seller's Agent
Larry Hassan
Keller Williams Realty
Buyer's Agent
Paul Gustavson
Realty Executives Boston West
List Price
$459,900
Sold Price
$377,000
Premium/Discount to List
-$82,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$282,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1992
Sold by
Hughes Jane A Est
Bought by
Fhlmc
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
Dias-Teodoro Natalie T $755,000 None Available
Dias-Teodoro Natalie T $755,000 None Available
Dias-Teodoro Natalie T $755,000 None Available
Stoughtonpearl Llc -- None Available
Stoughtonpearl Llc -- None Available
Stoughtonpearl Llc -- None Available
Shankar Marimuthu $377,000 --
Shankar Marimuthu $377,000 --
Shankar Marimuthu $377,000 --
Fhlmc $205,877 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dias-Teodoro Natalie T $566,250
Closed Dias-Teodoro Natalie T $566,250
Previous Owner Shankar Marimuthu $282,750
Previous Owner Fhlmc $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2022 03/18/22 Sold $755,000 +8.0% $190 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $699,000 +85.4% $175 / Sq Ft
07/24/2013 07/24/13 Sold $377,000 -18.0% $130 / Sq Ft View Prior Sale
06/24/2013 06/24/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $459,900 -- $158 / 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 $8,525 $688,600 $195,600 $493,000
2024 $8,345 $655,500 $178,700 $476,800
2023 $9,360 $690,800 $165,200 $525,600
2022 $8,397 $582,700 $151,700 $431,000
2021 $8,091 $535,800 $129,800 $406,000
2020 $7,396 $496,700 $124,800 $371,900
2019 $7,333 $478,000 $124,800 $353,200
2018 $6,978 $471,200 $118,000 $353,200
2017 $6,410 $442,400 $106,200 $336,200
2016 $5,765 $385,100 $104,500 $280,600
2015 $6,025 $398,200 $94,400 $303,800
2014 $4,313 $274,000 $87,700 $186,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72938195

MLS Property Information Network (MLS PIN)

APN: STOU-000055-000048