NOT LISTED FOR SALE

Estimated Value: $514,855 - $610,000

6 Beds
3 Baths
2,835 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $385,000 $136 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,665/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2021

If you are searching for a great 3 family investment property close to highways, look no further than 97 Mechanic St! 2 units on the first floor and 1 unit on the 2nd. All are currently occupied by reliable long-term tenant at will. Overall, the current floorplan and space is very functional, with laundry in the basement and new Hot water tanks, Boiler is 8 years old, Chimney redone in 2020. Parking spaces on both sides of the building. This could be a great choice for an owner-occupier too! Opportunity to purchase neighboring property as well(91-93 Mechanic St - 72795211) as package!

Last Agent to Sell the Property

Haschig Homes Group

William Raveis R.E. & Home Services Listed on: 03/09/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Jose Martinez

Martinez Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,809

Year Built

  • Built in 1920

Lot Details

  • 4,792

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Screened Porch
  • Deck
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0050 B:0007 L:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,809

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 132.28
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 4
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump, Unfinished Basement, Exterior Access
  • Main Lo: M59500
  • Main So: BB9790
  • Estimated Sq Ft: 2835.00

Exterior Features

  • Frontage: 55.00
  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Features: Porch - Screened, Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School
  • Hea Common: Gas

Lot Info

  • Assessments: 237900.00
  • Acre: 0.11
  • Lot Size: 4917.00
  • Page: 38
  • Parcel Number: M:0050 B:0007 L:0000
  • Zoning: I
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4277.00
  • Assessor Parcel Number: 1578010
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 7, 2021
Sold by
Bergeron Kenneth J
Bought by
Martinez-Pacheco Raquel A
Seller's Agent
Haschig Homes Group
William Raveis R.E. & Home Services
Buyer's Agent
Jose Martinez
Martinez Realty Group
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$565,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,903
Avg. Annual Appreciation
9.44%
Original Mortgage
$378,026
Outstanding Balance
$344,762
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$221,202

Purchase Details

Closed on
Dec 23, 2009
Sold by
Us Bk
Bought by
Bergeron Kenneth J

Purchase Details

Closed on
Jul 9, 2009
Sold by
Bempah Nana
Bought by
Us Bk and Csmc Asset

Purchase Details

Closed on
Sep 15, 2006
Sold by
Blake John
Bought by
Bempah Nana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2003
Sold by
Pantoja Aida and Pinero Aida
Bought by
Blake John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez-Pacheco Raquel A $385,000 None Available
Bergeron Kenneth J $115,000 --
Us Bk $134,850 --
Bempah Nana $312,000 --
Blake John $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Pacheco Raquel A $378,026
Previous Owner Hawkins Dean W $125,000
Previous Owner Bempah Nana $294,500
Previous Owner Bempah Nana $15,500
Previous Owner Blake John $36,700
Previous Owner Blake John $183,750
Previous Owner Hawkins Dean W $17,000
Previous Owner Hawkins Dean W $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $385,000 +2.7% $136 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $375,000 -- $132 / 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 $6,809 $485,300 $110,700 $374,600
2024 $6,190 $426,600 $105,500 $321,100
2023 $5,874 $378,000 $91,700 $286,300
2022 $5,013 $302,700 $79,700 $223,000
2021 $4,901 $270,300 $62,100 $208,200
2020 $4,277 $237,900 $62,100 $175,800
2019 $4,355 $234,900 $59,100 $175,800
2018 $4,106 $212,400 $57,400 $155,000
2017 $3,530 $178,900 $53,600 $125,300
2016 $3,286 $167,800 $53,600 $114,200
2015 $3,262 $167,800 $53,600 $114,200
2014 $3,206 $169,700 $58,700 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72795204

MLS Property Information Network (MLS PIN)

APN: LEOM-000050-000007