NOT LISTED FOR SALE

Estimated Value: $1,270,270

0.43 Acre
$2,954,116 Price per Acre
18,731 Sq Ft Lot

Sale Details

Date Sold: December 22, 2021

Last sale price $1,160,000 $504 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,492 / mo

41 Days on Market

About This Lot

As of December 2021

DEVELOPMENT OPPORTUNITY: This former kindergarten school building is a 1-story wood-framed structure located at the corners of Walk Hill/Wachusett Streets and Wachusett/Patten Streets. The gross space is approximately 2,500 +/- sq. ft. plus a small partial crawl space for utilities. The interior consists of 2 large classroom spaces, a small kitchen, 2 restrooms and a storage area. OVERSIZED LOT: The building runs the length of the block between Walk Hill Street and Patton Street, and contains 18,584 square feet of land area. An easement allows for access to the adjacent property. The current use is exempt (non-profit), non-conforming. Underlying zoning is 1F-4000. The building is currently vacant, and a unique and desirable candidate for redevelopment. The property is being sold "As-Is", and all buyers/developers are to do their own due diligence.

Last Agent to Sell the Property

Eric Keyes

Cornerstone Adivsory Services, LLC Listed on: 08/27/2021

Last Buyer's Agent

Jaimi Meuse

Red Tree Real Estate

Red Tree Real Estate

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Hyde Park Ave to Walk Hill Street. Corner of Wachusett and Walk Hill.
  • Special Features: None

Interior Features

  • MAIN LO: NB1587
  • MAIN SO: AN6957

Exterior Features

  • Disclosures: Easement Benefitting Adjacent Property; Subject To Deed Restrictions. Information Is From Public Records Or Seller; Broker Has Not Verified The Same. Buyers And Their Agent To Do Their Own Due Diligence. Property Being Sold As-Is. Seller Is A Non-Profit; Offers Are Subject To Board Review & Approval
  • Lot Features: Easements, Sloped, Corner Lot
  • Waterfront: No

Utilities

  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Sewer: Public Sewer, On-Site
  • Water Source: Public, On-Site

Lot Info

  • LOT SIZE: 18584
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 18730.8
  • Zoning: E, 1F-4000

Tax Info

  • Tax Annual Amount: 6996.31
  • Tax Book Number: 42858
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 10, 2021
Sold by
Bethel African Methodist
Bought by
140 Wachusett Street Llc
Seller's Agent
Eric Keyes
Cornerstone Adivsory Services, LLC
Buyer's Agent
Jaimi Meuse
Red Tree Real Estate
List Price
$975,000
Sold Price
$1,160,000
Premium/Discount to List
$185,000
18.97%
Current Estimated Value
$1,270,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,270
Source: Public Records
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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
140 Wachusett Street Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $1,160,000 +19.0% $504 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $975,000 -- $424 / 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 $20,524 $790,600 $329,400 $461,200
2024 $17,800 $704,400 $256,700 $447,700
2023 $17,229 $698,100 $256,700 $441,400
2022 $0 $643,300 $256,700 $386,600
2021 $0 $655,700 $239,600 $416,100
2020 $0 $604,700 $239,600 $365,100
2019 $0 $604,500 $247,400 $357,100
2018 $0 $597,500 $238,900 $358,600
2017 $0 $563,000 $229,700 $333,300
2016 -- $506,000 $212,600 $293,400
2015 -- $447,000 $186,200 $260,800
2014 -- $420,000 $169,100 $250,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72887171

MLS Property Information Network (MLS PIN)

APN: JAMA-000000-000019-004781

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