NOT LISTED FOR SALE

87 Alden St Ashland, MA 01721

Estimated Value: $819,357 - $902,000

5 Beds
3 Baths
2,592 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $779,900 $301 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,384/month

7 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Patio
  • Ashland Middle School Rated A-
  • Jogging Path
  • Park

About This Home

As of November 2023

This is the most amazing two family home you will ever see and I mean it! Almost everything has been updated! The owners live on the 1st floor unit and have made this a dream home full of character and charm. Pride of ownership abounds! Their unit has a beautifully updated kitchen with granite and stainless steel that opens to a sun drenched dining area! Through the double pocket doors is the primary bedroom with a brand new bathroom! Spacious living room, two more bedrooms, updated full bath, 9' ceilings and private patio area! The 2nd floor unit is just over 1000 sqft with 2 bedrooms, an updated kitchen and bath and separate laundry room. Oversized two car garage, separate utilities and driveways. Large basement and walk-up storage space above the garage. Other recent updates include attic and basement insulation, fencing, egress stairway, and so much more!

Last Agent to Sell the Property

Craig Morrison

Realty Executives Boston West Listed on: 10/05/2023

Realty Executives Boston West

Last Buyer's Agent

R G

StartPoint Realty

StartPoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,554

Year Built

  • Built in 1880

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,592 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Warren/Mindess Elementary School
  • Ashland Middle School
  • Ashland High School

Additional Features

  • Patio
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $5,100
  • Assessor Parcel Number M:014.0 B:0361 L:0000.0,3294123

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,554

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual,Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Living Area: 2592
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5398
  • LIST PRICE PER Sq Ft: 300.89
  • PRICE PER Sq Ft: 300.89
  • MAIN SO: NB2539

Exterior Features

  • Exterior Features: Patio
  • Fencing: Fenced/Enclosed
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Steam,Gas)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:014.0 B:0361 L:0000.0,3294123
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7841
  • Lot Size Units: Acres
  • PAGE: 460
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7554
  • Tax Book Number: 76251

Multi Family

  • Gross Income: 62400
  • Net Operating Income: 62400
  • Number Of Units Total: 2
  • Total Actual Rent: 5100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ashland High
  • Elementary School: Warren/Mindess
  • Middle Or Junior School: Ashland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2006
Sold by
Gorman Elizabeth and Gorman James T
Bought by
Ferraro Justin P and Ferraro Michelle T
Current Estimated Value
$860,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1999
Sold by
Beaton Archie C
Bought by
Gorman Elizabeth

Purchase Details

Closed on
May 25, 1994
Sold by
Est Reebenacker Vera M and Feindel Jennifer
Bought by
Beaton Archie C
Source: Public Records

Range of Values:

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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
Ferraro Justin P $389,000 --
Gorman Elizabeth $193,000 --
Beaton Archie C $108,000 --
Beaton Archie C $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmore Matthew $662,915
Closed Ferraro Paul J $250,000
Closed Ferraro Paul J $70,000
Closed Ferraro Paul J $35,000
Closed Beaton Archie C $224,000
Closed Ferraro Justin P $311,200
Closed Ferraro Justin P $38,900
Previous Owner Amaral Elizabeth $87,000
Previous Owner Amaral Elizabeth A $148,450
Previous Owner Amaral Elizabeth A $35,000
Previous Owner Beaton Archie C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $779,900 0.0% $301 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $779,900 +35.6% $301 / Sq Ft
11/24/2020 11/24/20 Sold $575,000 +4.6% $222 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $549,900 -- $212 / 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 $9,581 $750,300 $203,800 $546,500
2024 $8,308 $627,500 $203,800 $423,700
2023 $7,554 $548,600 $194,000 $354,600
2022 $7,043 $443,500 $176,400 $267,100
2021 $6,057 $380,200 $176,400 $203,800
2020 $5,826 $360,500 $176,600 $183,900
2019 $5,543 $340,500 $176,600 $163,900
2018 $5,506 $331,500 $174,800 $156,700
2017 $5,224 $312,800 $171,500 $141,300
2016 $4,767 $280,400 $167,100 $113,300
2015 $4,476 $258,700 $156,100 $102,600
2014 $4,697 $270,100 $139,400 $130,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73167272

MLS Property Information Network (MLS PIN)

APN: ASHL-000014-000361