NOT LISTED FOR SALE

Estimated Value: $859,212

5 Beds
5 Baths
2,317 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $770,000 $332 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,787/month

136 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Victorian Architecture
  • Lynch Elementary School Rated A+
  • Property is near public transit
  • Corner Lot

About This Home

As of April 2022

This property is in the General Business District 3 and consists of a 4 unit building (1 residential and 3 business) Landlord supplies domestic hot and cold water, trash removal and landscaping for all 3 units. EACH UNIT HAS OWN HEAT, and A/C unit , and electric meter paid by tenant. Third floor also has vaulted ceiling with 2 sky lites basement has own heater some storage in basement. LOT HAS APPROXIMATELY 60 FT OF FRONTAGE ON MAIN ST AND IS APPROXIMATELY 100 FT ALONG GLENWOOD AVE. SEE PLAN LOTS GLA of building is about 3000 sf. Projected Gross Income (of Main St building) at market rents is $ 57,360/yr. See attached documents for permitted uses and also for special permission uses. all current tenants are TAW one since 1991.

Last Agent to Sell the Property

Bill Caci

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/21/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Lien Vuong

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,679

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Sloped Lot

Parking

  • 9 Car Parking Spaces

Home Design

  • 2,317 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lynch Elementary School
  • Mc Call Middle School
  • WHS High School

Utilities

  • 3 Cooling Zones
  • 4 Heating Zones

Listing and Financial Details

  • Total Actual Rent $4,150
  • Assessor Parcel Number M:014 B:0253 L:0

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Bike Trail

Additional Features

  • Medical Services
  • Net Operating Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,679

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Architectural Style: Victorian
  • Year Built: 1922
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 4
  • Total Bathrooms: 5
  • Total Bathrooms: 3
  • Living Area: 2317
  • Stories Total: 7
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 344.41
  • PRICE PER Sq Ft: 332.33
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 60
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Asphalt/Composition Shingles
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • SEWAGE DISTRICT: PUBLI
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Bike Path, Public School, Sidewalks

Lot Info

  • Parcel Number: M:014 B:0253 L:0
  • Zoning: GBD 3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Sloped
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6007
  • PAGE: 295

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8679.38
  • Tax Book Number: 16488

Multi Family

  • Gross Income: 49800
  • Net Operating Income: 49800
  • Number Of Units Total: 3
  • Total Actual Rent: 4150
  • LEVELS 1: 1
  • COOLING UNITS: 3
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Whs
  • Elementary School: Lynch
  • Middle Or Junior School: Mc Call Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2005
Sold by
Jama Rt and Loftus
Bought by
Martha B Loftus Ret and Loftus
Current Estimated Value
$859,212

Purchase Details

Closed on
Oct 8, 1985
Bought by
Martha Loftus Ret
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
Martha B Loftus Ret -- --
Martha B Loftus Ret -- --
Martha Loftus Ret $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 968 Main Street Llc $670,000
Closed 968 Main Street Llc $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $770,000 -14.4% $332 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $899,999 -- $388 / 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 $0 $864,100 $494,900 $369,200
2024 -- $821,300 $472,000 $349,300
2023 $0 $756,300 $428,600 $327,700
2022 $0 $709,100 $390,300 $318,800
2021 $0 $709,100 $390,300 $318,800
2020 $8,439 $709,100 $390,300 $318,800
2019 $7,625 $691,300 $372,500 $318,800
2018 -- $652,300 $341,900 $310,400
2017 -- $634,300 $332,200 $302,100
2016 -- $618,500 $316,400 $302,100
2015 -- $608,200 $306,100 $302,100
2014 -- $578,000 $275,500 $302,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72853443

MLS Property Information Network (MLS PIN)

APN: WINC-000014-000253