Seller's Agent in 2020
Michelle Peterson
Elm Grove Realty, LLC
(978) 716-2109
75 in this area
145 Total Sales
89 Spruce St Unit 93 Winchendon, MA 01475
Estimated Value: $340,340 - $523,000
7
Beds
3
Baths
4,026
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Storage Shed
- Wall to Wall Carpet
- Tankless Water Heater
About This Home
As of December 2020GROUP SHOWING CANCELLED. This investment property is a turnkey 3 unit building near downtown Winchendon. Its Comprised of 2 two bdrm apartments, and 1 three bdrm, with an average monthly rent of $900.00. This property has a stable tenant base with long term tenants. The building has seen a large number of capital improvements over the years and costs saving measures including vinyl siding, upgraded windows to vinyl replacement, unit renovations, blown in insulation, sill work, and much more. While room for adding additional income exists, a gross income of $32,000.00 and low operating expenses, makes this is a great investment for someone looking for a stable building that produces a solid return.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,154
Year Built
- Built in 1900
Lot Details
- 0.37
Flooring
- Wall to Wall Carpet
- Vinyl
Additional Features
- Storage Shed
- Fenced Yard
- Tankless Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2020
Closed on
Dec 18, 2020
Sold by
Kwik Buy Realty Llc
Bought by
Dejesus-Reyes Modesto
Seller's Agent
Michelle Peterson
Elm Grove Realty, LLC
Buyer's Agent
Luis Ayala
One Stop Realty
List Price
$239,900
Sold Price
$232,000
Premium/Discount to List
-$7,900
-3.29%
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
$161,585
Avg. Annual Appreciation
11.84%
Original Mortgage
$224,257
Outstanding Balance
$201,370
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$187,632
Purchase Details
Listed on
Sep 24, 2012
Closed on
Apr 2, 2013
Sold by
Whitney James F and Whitney Timi A
Bought by
Kwik Buy Realty Llc
Seller's Agent
Richard Morin Sr.
Morin Real Estate
Buyer's Agent
Penny Maliska
Keller Williams Realty North Central
List Price
$134,900
Sold Price
$70,000
Premium/Discount to List
-$64,900
-48.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$90,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2005
Sold by
Adriano Edgardo and Adriano S H
Bought by
Whitney James F and Whitney Timi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 1995
Sold by
Gerbrands Gerald
Bought by
Lison Myrna A
Purchase Details
Closed on
Sep 21, 1994
Sold by
Gardner Franco Amer Fc
Bought by
Gerbrands Gerald R
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 |
|---|---|---|---|
| Dejesus-Reyes Modesto | $232,000 | None Available | |
| Kwik Buy Realty Llc | $70,000 | -- | |
| Whitney James F | $173,000 | -- | |
| Whitney James F | $173,000 | -- | |
| Whitney James F | $173,000 | -- | |
| Lison Myrna A | $16,000 | -- | |
| Gerbrands Gerald R | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dejesus-Reyes Modesto | $224,257 | |
| Closed | Dejesus-Reyes Modesto | $224,257 | |
| Previous Owner | Kwik Buy Realty Llc | $100,000 | |
| Previous Owner | Kwik Buy Realty Llc | $90,000 | |
| Previous Owner | Whitney James F | $170,250 | |
| Previous Owner | Whitney James F | $155,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2020 12/23/20 | Sold | $232,000 | -2.3% | $58 / Sq Ft |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | Price Changed | $237,500 | -0.6% | $59 / Sq Ft |
| 09/16/2020 09/16/20 | Price Changed | $238,900 | -0.3% | $59 / Sq Ft |
| 08/20/2020 08/20/20 | Price Changed | $239,500 | -0.2% | $59 / Sq Ft |
| 07/16/2020 07/16/20 | For Sale | $239,900 | +242.7% | $60 / Sq Ft |
| 04/02/2013 04/02/13 | Sold | $70,000 | -48.1% | $17 / Sq Ft |
| 03/03/2013 03/03/13 | Pending | -- | -- | -- |
| 09/24/2012 09/24/12 | For Sale | $134,900 | -- | $34 / 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 | $3,154 | $268,400 | $33,600 | $234,800 |
| 2024 | $3,248 | $259,000 | $32,200 | $226,800 |
| 2023 | $3,323 | $248,000 | $31,500 | $216,500 |
| 2022 | $3,190 | $211,100 | $39,600 | $171,500 |
| 2021 | $2,275 | $144,700 | $36,100 | $108,600 |
| 2020 | $2,263 | $139,000 | $33,600 | $105,400 |
| 2019 | $2,281 | $136,500 | $31,100 | $105,400 |
| 2018 | $2,328 | $134,200 | $29,000 | $105,200 |
| 2017 | $2,334 | $129,900 | $33,200 | $96,700 |
| 2016 | $2,210 | $126,800 | $31,600 | $95,200 |
| 2015 | $2,120 | $126,800 | $31,600 | $95,200 |
| 2014 | $2,054 | $128,700 | $33,400 | $95,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2020
Luis Ayala
One Stop Realty
(978) 729-0060
5 in this area
90 Total Sales
-
R
Seller's Agent in 2013
Richard Morin Sr.
Morin Real Estate
-
P
Buyer's Agent in 2013
Penny Maliska
Keller Williams Realty North Central
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72692784
APN: WINC-000053B-000000-000006
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