NOT LISTED FOR SALE

97 Summer St Fitchburg, MA 01420

Estimated Value: $413,000 - $538,000

6 Beds
6 Baths
3,982 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $275,000 $69 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,599/month

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Granite Flooring
  • 4 Fireplaces
  • 5-minute walk to Bucky Richard park

About This Home

As of September 2022

Attention investors and contractors! Easy access location. Offers great rental opportunity. Close to shopping. Major routes and FSU. Selling "as is." Come see this 3 family unit with lots of potential. This is a "multi use" property and zoned as RC. 2 car garage and lots of parking. New furnace 2014 Rear porch replaced 2016 Showings start 6/17 agents must accompany buyers.

Last Agent to Sell the Property

Jennifer Tata

Real Estate Exchange Listed on: 06/13/2022

Last Buyer's Agent

Erickson Aull

Real Estate Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1850

Lot Details

  • 8,236

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 3,982 Sq Ft Home
  • Property has 1 Level
  • 4 Fireplaces
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Granite

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Home Security

  • Storm Windows
  • Storm Doors

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mckay/Crocker Elementary School
  • Langjso/St B Middle School
  • Fitcchburg/St B High School

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Heating Available
  • Knob And Tube Electrical Wiring
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • 8,236 Sq Ft Lot

Listing and Financial Details

  • Rent includes unit 1(heat hot water)
  • Assessor Parcel Number 1505575

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,224

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1850
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Crown Molding), Unit 2(Crown Molding), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Dirt Floor, Unfinished
  • Living Area: 3982
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: H22100
  • MAIN SO: H22100

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone, Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Oil), Unit 2(Oil), Unit 3(Oil)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Hot Water)

Lot Info

  • Parcel Number: 1505575
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8236
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5224

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Fitcchburg/St B
  • Elementary School: Mckay/Crocker
  • Middle Or Junior School: Langjso/St B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Sep 23, 2022
Sold by
Michaud Marcy E
Bought by
Zimmerman Daniel
Seller's Agent
Jennifer Tata
Real Estate Exchange
Buyer's Agent
Erickson Aull
Real Estate Exchange
List Price
$259,999
Sold Price
$275,000
Premium/Discount to List
$15,001
5.77%
Current Estimated Value
$495,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,667
Avg. Annual Appreciation
20.93%
Original Mortgage
$434,472
Outstanding Balance
$414,987
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$80,680

Purchase Details

Closed on
Jul 12, 2022
Sold by
George Michaud Irt and Michaud
Bought by
Michaud Marcy

Purchase Details

Closed on
Nov 21, 2018
Sold by
Michaud George E
Bought by
George Michaud Irt and Michaud

Purchase Details

Closed on
Sep 27, 1993
Sold by
Michaud James F
Bought by
Michaud Michael D and Michaud George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zimmerman Daniel $275,000 None Available
Michaud Marcy -- None Available
George Michaud Irt -- --
Michaud Michael D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Daniel $434,472
Previous Owner Michaud Michael D $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $275,000 +5.8% $69 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $259,999 -- $65 / 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 $55 $404,900 $84,100 $320,800
2024 $4,975 $335,900 $56,500 $279,400
2023 $4,715 $294,300 $46,700 $247,600
2022 $5,600 $318,000 $38,100 $279,900
2021 $5,224 $274,500 $31,900 $242,600
2020 $4,995 $253,400 $29,500 $223,900
2019 $4,020 $196,200 $39,300 $156,900
2018 $3,662 $174,300 $36,800 $137,500
2017 $3,486 $162,200 $33,200 $129,000
2016 $3,463 $163,100 $31,900 $131,200
2015 $3,346 $161,800 $30,700 $131,100
2014 $3,292 $166,000 $30,700 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72996572

MLS Property Information Network (MLS PIN)

APN: FITC-000070-000006