86 Milk St Fitchburg, MA 01420
Southside NeighborhoodEstimated Value: $572,000 - $609,000
7
Beds
3
Baths
3,543
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Jogging Path
- Deck
- Wood Flooring
- 5-minute walk to Laurel St park
About This Home
As of November 2023Great opportunity to own a solid 3 family. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Each unit has its own forced hot air furnaces. Coin op laundry on first floor. All TAW. Units have brand new flooring, baths and more! Interior and exterior recently painted. Lead certificates attached. Close to University, MBTA & Downtown. BIG demand for quality apartments in Fitchburg, Top $$$ Rents. Great Opportunity for Owner Occupied or Investment. Showings begin at Open House Saturday, October, 14th 10:30-12:30pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,766
Year Built
- Built in 1900
Lot Details
- 5,936 Sq Ft Lot
- Irregular Lot
Home Design
- Frame Construction
Interior Spaces
- 3,543 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Separate Meters
Listing and Financial Details
- Total Actual Rent $4,879
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0067 B:0025 L:0,1505288
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Additional Features
- Shops
- Net Operating Income $58,548
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2021
Closed on
Apr 28, 2021
Sold by
Gomes Adail
Bought by
86 Milk Street Llc
Seller's Agent
Daniel Reiser
Results Realty
Buyer's Agent
Raquel Franco
Capital Real Estate Group LLC
List Price
$349,900
Sold Price
$371,000
Premium/Discount to List
$21,100
6.03%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,171
Avg. Annual Appreciation
12.05%
Original Mortgage
$278,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 2009
Sold by
Wells Fargo Bk and Asset Bac Ificates
Bought by
Rrivers Llc
Purchase Details
Closed on
Feb 8, 2008
Sold by
Felicia Velazquez T and Wells Fargo Bk
Bought by
Wells Fargo Bk
Purchase Details
Closed on
Mar 9, 2006
Sold by
Velazquez Felicia
Bought by
Felicia Velazquez T and Felicia Reyes
Purchase Details
Closed on
Jun 17, 2003
Sold by
Miner Rita M and Leblanc Victor H
Bought by
Velazquez Felicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 1991
Sold by
Farmer Daniel E and Farmer Jeanne M
Bought by
Leblanc Victor H and Miner Rita M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,985
Interest Rate
9.36%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Fitchburg, MA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 86 Milk Street Llc | -- | None Available | |
| Rrivers Llc | $70,000 | -- | |
| Wells Fargo Bk | $113,000 | -- | |
| Felicia Velazquez T | -- | -- | |
| Velazquez Felicia | $179,000 | -- | |
| Leblanc Victor H | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Contreras Edwin | $452,000 | |
| Closed | Contreras Edwin | $444,000 | |
| Closed | Gomes Adail | $278,250 | |
| Previous Owner | Rrivers Llc | $1,098,750 | |
| Previous Owner | Velazquez Felicia | $205,000 | |
| Previous Owner | Velazquez Felicia | $143,200 | |
| Previous Owner | Velazquez Felicia | $35,800 | |
| Previous Owner | Leblanc Victor H | $126,947 | |
| Previous Owner | Leblanc Victor H | $127,985 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $555,000 | +0.9% | $157 / Sq Ft |
| 10/17/2023 10/17/23 | Pending | -- | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $549,900 | +48.2% | $155 / Sq Ft |
| 04/28/2021 04/28/21 | Sold | $371,000 | +6.0% | $105 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $349,900 | -- | $99 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $74 | $547,200 | $86,300 | $460,900 |
| 2024 | $6,142 | $414,700 | $51,600 | $363,100 |
| 2023 | $5,766 | $359,900 | $39,600 | $320,300 |
| 2022 | $4,799 | $272,500 | $34,800 | $237,700 |
| 2021 | $4,221 | $221,800 | $26,400 | $195,400 |
| 2020 | $4,066 | $206,300 | $21,600 | $184,700 |
| 2019 | $3,295 | $160,800 | $30,000 | $130,800 |
| 2018 | $2,986 | $142,100 | $27,600 | $114,500 |
| 2017 | $2,856 | $132,900 | $25,200 | $107,700 |
| 2016 | $2,858 | $134,600 | $25,200 | $109,400 |
| 2015 | $2,796 | $135,200 | $26,400 | $108,800 |
| 2014 | $2,752 | $138,800 | $26,400 | $112,400 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Franco
R
Seller's Agent in 2023
Raquel Franco
Capital Real Estate Group LLC
(978) 235-5136
4 in this area
81 Total Sales
-
EDWIN CONTRERAS
Buyer's Agent in 2023
EDWIN CONTRERAS
Broad Sound Real Estate, LLC
(617) 820-1853
1 in this area
8 Total Sales
-
Daniel Reiser
Seller's Agent in 2021
Daniel Reiser
Results Realty
(631) 291-2511
3 in this area
95 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73169406
APN: FITC-000067-000025
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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