NOT LISTED FOR SALE

225 Rollstone St Unit 227 Fitchburg, MA 01420

Estimated Value: $516,018 - $642,000

8 Beds
3 Baths
2,995 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $410,000 $137 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,209/month

8 Days on Market

Highlights

  • Enclosed patio or porch
  • Shops
  • Heating Available
  • Park
  • Level Lot
  • 3-minute walk to Laurel St park

About This Home

As of September 2021

MULTIPLE OFFERS, HIGHEST/BEST TUESDAY, JULY 20 @ 6pm 3 Unit Multi-Family @ 225-227 Rollstone St. Classic Apartment Building. Each Unit Has Separate Heat/Electric/Hot Water. Landlord Pays Only for Water. Full Clean Basement with Exterior Access. Newer Vinyl Siding and Asphalt Shingle Roof. Gas Heat, Pleasing Floor Plans, Some Off-Street Parking, 2 Means Of Egress, Backyard Decks, Low Maintenance Building. Convenient Location Close to Commuter Rtes, Downtown & Shopping. Fitchburg Rental Market is Red-Hot with Strong Demand for Quality Apartments. Do Not Miss Out on this Wonderful 3 Family Opportunity.

Last Listed By

Michael Beaudoin

Coldwell Banker Realty - Leominster Listed on: 07/14/2021

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • 2,995 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0053 B:0009 L:0,1504391

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $193
  • Insurance Expense $678
  • Water Sewer Expense $3,027
  • Operating Expense $3,899
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,228

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Gas Water Heater,Electric Water Heater,Tank Water Heater,Water Heater(Varies Per Unit), Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Concrete, Unfinished
  • Living Area: 2995
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 120.17
  • PRICE PER Sq Ft: 136.89
  • MAIN SO: AN6259

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas,Individual,Unit Control), Unit 2(Hot Water Baseboard,Gas,Individual,Unit Control), Unit 3(Central Heat,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Park, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3027

Lot Info

  • Parcel Number: M:0053 B:0009 L:0,1504391
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3481
  • PAGE: 329

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4228
  • Tax Book Number: 7143

Multi Family

  • Electric Expense: 193
  • Gross Income: 42000
  • Insurance Expense: 678
  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Operating Expense: 3899
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2016
Sold by
Kaulbach Kenneth G and Keiselbach David
Bought by
Eldamar Properties Llc
Total Days on Market
8
Current Estimated Value
$575,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,728,400
Interest Rate
3.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 2010
Sold by
Fnma
Bought by
Kaulbach Kenneth G and Keiselbach David

Purchase Details

Closed on
Mar 10, 2010
Sold by
Larios Ricardo and Bac Home Loans Svcng L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 23, 2005
Sold by
Sokol Jayne and Sokol Philip J
Bought by
Larios Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Siler Cristine
Bought by
Sokol Jayne E and Sokol Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Rounds Steven E and Rounds Dawn E
Bought by
Burgos Eduardo and Deburgos Aida Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,655
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1997
Sold by
Bankers Trust Co Ca and Wilshire Liquidating
Bought by
Siler Scott

Purchase Details

Closed on
Jan 15, 1997
Sold by
Healey Robert J and Bankers Trust Co Calif
Bought by
Bankers Trust Co Calif

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
Eldamar Properties Llc -- --
Kaulbach Kenneth G $76,000 --
Federal National Mortgage Association $210,091 --
Larios Ricardo $252,000 --
Sokol Jayne E $205,000 --
Burgos Eduardo $124,900 --
Siler Scott $18,500 --
Bankers Trust Co Calif $20,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albarracin Kristian D $402,573
Closed Albarracin Kristian D $402,573
Open Fawkes Holdings Llc $5,475,000
Closed Eldamar Properties Llc $3,728,400
Previous Owner Healey Robert J $102,200
Previous Owner Larios Ricardo $189,000
Previous Owner Sokol Jayne E $164,000
Previous Owner Healey Robert J $25,000
Previous Owner Healey Robert J $118,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $410,000 +13.9% $137 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $359,900 -- $120 / 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 $68 $503,400 $85,600 $417,800
2024 $6,081 $410,600 $50,200 $360,400
2023 $5,743 $358,500 $38,600 $319,900
2022 $5,348 $303,700 $36,200 $267,500
2021 $4,228 $222,200 $25,700 $196,500
2020 $3,619 $183,600 $21,000 $162,600
2019 $3,047 $148,700 $29,200 $119,500
2018 $2,790 $132,800 $26,900 $105,900
2017 $2,676 $124,500 $24,500 $100,000
2016 $2,675 $126,000 $24,500 $101,500
2015 $2,597 $125,600 $25,700 $99,900
2014 $2,548 $128,500 $25,700 $102,800
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865616

MLS Property Information Network (MLS PIN)

APN: FITC-000053-000009