NOT LISTED FOR SALE

92 Mill St Lancaster, MA 01523

Estimated Value: $593,858 - $837,000

8 Beds
4 Baths
3,557 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $485,000 $136 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,481/month

5 Days on Market

About This Home

As of December 2021

***OPEN HOUSE THIS SATURDAY, SEPT 11TH NOON-1:30PM***BEST AND FINAL DUE SUNDAY SEPTEMBER 12TH, 5PM***New to Market***This Unique Property has a Very Strong Rental History and is also Perfect for the Buyer Looking for a Property with Large Owners Unit with Additional Rental Income~ Large Flat Yard, Multiple Driveways and Large Parking Areas, New Heating System & Water Heater, Updated Electric, New Gutters & New Bulkhead Doors ~ Front Unit is three levels Offers Grand Staircase & Entry Way with Five Bedrooms and Large Kitchen & Living Room. Large First Floor Bathroom with Laundry, Three Season Enclosed Front Porch & Updated Windows ~ Rear units One & Two both Offer Updated Kitchen & Bathrooms and Good Sized Bedrooms~ Three Car Garage with Two of the Bays Rented Out for Additional Income~ Country Living with Great Commuter Access to Rte 190, Rte 2 & Rte 70! ~ The Numbers Work on This one for a Great Investment Property!!

Last Agent to Sell the Property

Colleen Griffin

RE/MAX Vision Listed on: 09/06/2021

RE/MAX Vision

Last Buyer's Agent

Nicolas Berthet-Garcia

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.44

Parking

  • 3

Interior Spaces

  • Property has 3 Levels

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0.44 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Main St to Mill St
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Has Basement: Full, Partial, Crawl Space, Bulkhead, Sump Pump, Dirt Floor, Concrete, Unfinished
  • MAIN LO: K95622
  • MAIN SO: AC1991
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile,Vinyl,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 5
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone, Granite, Irregular
  • Construction Type: Frame
  • Disclosures: Additional 300 Per Month Collected For Two Garages And Shed***covid Guidelines In Place For All Showings********
  • Exclusions: All Tenant Belongings
  • Lot Features: Cleared, Level
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Total Parking Spaces: 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Heat,Electric,Water,Hot Water,Other (See Remarks)), Unit 2(Heat,Electric,Water,Hot Water,Other (See Remarks)), Unit 3(Heat,Electric,Water,Hot Water,Other (See Remarks))

Fee Information

  • Annual Water Sewer Expense: 2168

Lot Info

  • LOT SIZE: 19166
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 19166.4
  • Zoning: Res

Multi Family

  • LEVELS 1: 3
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
  • Electric Expense: 3516
  • Annual Gross Income: 60000
  • Insurance Expense: 2740
  • Property Net Operating Income: 48284
  • Number Of Units Total: 3
  • Annual Operating Expense: 9316
  • Total Actual Rent: 4800

Tax Info

  • Tax Annual Amount: 6356
  • Tax Book Number: 58656
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Dec 7, 2021
Sold by
Veneziano Joseph S
Bought by
Rodriguez Factor L
Seller's Agent
Colleen Griffin
RE/MAX Vision
Buyer's Agent
Nicolas Berthet-Garcia
Property Investors & Advisors, LLC
List Price
$459,900
Sold Price
$485,000
Premium/Discount to List
$25,100
5.46%
Current Estimated Value
$741,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,465
Avg. Annual Appreciation
10.58%
Original Mortgage
$476,215
Outstanding Balance
$434,248
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$307,217

Purchase Details

Closed on
Apr 12, 2018
Sold by
Veneziano Joseph and Veneziano Joseph P
Bought by
Veneziano Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2016
Sold by
Livermore Irt and King
Bought by
Veneziano Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,363
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Stanislaw Judy L and King Barbara E
Bought by
Livermore Irt and King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,363
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Factor L $485,000 None Available
Veneziano Joseph S $309,000 --
Veneziano Joseph $150,000 --
Livermore Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Factor L $476,215
Previous Owner Veneziano Joseph S $247,200
Previous Owner Veneziano Joseph $153,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $485,000 +5.5% $136 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $459,900 -- $129 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,931 $490,800 $107,200 $383,600
2024 $8,042 $460,600 $99,700 $360,900
2023 $0 $454,300 $90,700 $363,600
2022 $6,675 $343,200 $93,900 $249,300
2021 $6,356 $318,100 $93,900 $224,200
2020 $4,403 $221,800 $94,000 $127,800
2019 $4,430 $224,300 $94,000 $130,300
2018 $4,448 $222,600 $94,000 $128,600
2016 $4,268 $218,300 $93,100 $125,200
2015 $3,857 $205,600 $93,100 $112,500
2014 $4,062 $214,800 $93,100 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890208

MLS Property Information Network (MLS PIN)

APN: LANC-000410-000000-002390

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