NOT LISTED FOR SALE

98 Pine St Southbridge, MA 01550

Estimated Value: $424,900 - $517,000

9 Beds
10 Baths
3,619 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $349,900 $97 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,629/month

21 Days on Market

About This Home

As of November 2021

Investor or Owner Occupant Special! This 3 Family offers a ton of added income potential. A full corner lot with fenced in yard, two car garage (owner rents out for $175 a stall) and plenty of parking for tenants and guests. All units have laundry hookups, gas on gas heat and plenty of space with over 1,000 sq. ft. of living space per floor. Units 1 and 2 include a double parlor with living and dining room which can potentially be made into 4 bedrooms. Full walk out basement with half bath; perfect for parties, family get togethers and parrandas! Hot water tanks are less than 3 years old, 100 amp electric, new sewer pipes and plenty of storage for tenants. Long term tenants; 3+ years. Buildable lot, buyer due diligence. Don't miss out on this amazing opportunity and additional income! Showings on Thursdays at 5 pm and Sundays at 11 am.

Last Agent to Sell the Property

Lizandra Velez

Century 21 XSELL REALTY License #453013092 Listed on: 09/22/2021

Last Buyer's Agent

Charles Parrilla

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $482

Year Built

  • 1900

Lot Details

  • 9,148

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$482

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: google maps
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator)
  • Has Basement: Full
  • Total Bathrooms: 9.5
  • MAIN LO: AN4146
  • LIST PRICE PER Sq Ft: 96.68
  • PRICE PER Sq Ft: 96.68
  • MAIN SO: AN6259
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen,Sunroom)
  • Stories: 6

Exterior Features

  • Foundation Details: Stone
  • Disclosures: Owner Rents Out Garage Stall For $175
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 6

Utilities

  • Heating: Unit 1(Gas,Wall Unit), Unit 2(Gas,Wall Unit), Unit 3(Gas,Wall Unit)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Schools

  • Elementary School: West/Charlton
  • High School: Southbridge
  • Middle Or Junior School: Southbridge

Lot Info

  • LOT SIZE: 9340
  • PAGE: 297
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9147.6
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 36000
  • Property Net Operating Income: 36000
  • Number Of Units Total: 3
  • Total Actual Rent: 3175

Tax Info

  • Tax Annual Amount: 4195.15
  • Tax Book Number: 38635
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2006
Sold by
Rodriguez Angel L and Alvarado Jose S
Bought by
Alvarado Jose S and Alvarado Milka A
Current Estimated Value
$464,725

Purchase Details

Closed on
Aug 20, 2004
Sold by
Rodriguez Angel L
Bought by
Rodriguez Angel L and Alvarado Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Ceccarelli Dennis W
Bought by
Rodriguez Angel L

Purchase Details

Closed on
May 15, 1998
Sold by
Commercial Credit Corp
Bought by
Ceccarelli Dennis W

Purchase Details

Closed on
Dec 11, 1996
Sold by
Ceccarelli Paul A
Bought by
Commercial Credit Corp

Purchase Details

Closed on
Apr 26, 1993
Sold by
Ceccarelli Dennis and Ceccarelli Paul
Bought by
Ceccarelli Paula and Ceccarelli Cathy
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
Alvarado Jose S $70,000 --
Alvarado Jose S $70,000 --
Rodriguez Angel L -- --
Rodriguez Angel L -- --
Rodriguez Angel L $79,000 --
Rodriguez Angel L $79,000 --
Ceccarelli Dennis W $45,000 --
Ceccarelli Dennis W $45,000 --
Commercial Credit Corp $40,000 --
Commercial Credit Corp $40,000 --
Ceccarelli Paula $30,000 --
Ceccarelli Paula $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Martha C $310,235
Closed Ramirez Martha C $310,235
Closed Alvarado Jose S $229,500
Previous Owner Rodriguez Angel L $204,000
Previous Owner Ceccarelli Paula $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $349,900 0.0% $97 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $349,900 -- $97 / 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 $482 $32,900 $28,600 $4,300
2024 $5,588 $366,200 $14,300 $351,900
2023 $5,192 $327,800 $14,300 $313,500
2022 $4,205 $234,900 $12,200 $222,700
2021 $4,195 $215,800 $12,200 $203,600
2020 $3,937 $202,100 $12,200 $189,900
2018 $3,115 $150,100 $17,700 $132,400
2017 $3,088 $150,100 $17,700 $132,400
2016 $2,811 $139,100 $17,700 $121,400
2015 $2,859 $140,400 $19,000 $121,400
2014 $2,757 $140,400 $19,000 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72898879

MLS Property Information Network (MLS PIN)

APN: SBRI-000034-000010-000001