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37 Wallace Avenue

37 Wallace Avenue, Auburn, MA 01501
Property in Auburn
Sold May 24, 2022
$594,000
Sold Aug 04, 2021
$220,000
$370,000 by Latitude Capital Llc
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 38,562 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 37 Wallace Avenue sold most recently in May 20, 2022 for a total of $594,000. Before that, the property was also sold for $220,000 in Aug 4, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,795 in taxes each year. The initial year of tax delinquency occurred in 2022. 37 Wallace Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $589,100. If we break it down further, the land itself was valued at $118,900. Improvements to the property, however, were assessed at a total of $470,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 38,562
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.885
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : DASILVA ROSA G
  • Current Owner 2: DA SILVA DALTON
  • Previous Owner : PICKOFF PROPERTIES LLC
  • Owner Before Previous Owner: 37-39 WALLACE AVENUE RT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736200

Geography

  • Account Number: 1902
  • District: 17
  • Parcel: AUBU M:0016 L:0002
  • Lot: 2
  • Municipality: AUBURN
  • Latitude: 42.213
  • Longitude: -71.8523

    Address

  • Full Address: 37 Wallace Ave
  • Address - House Number: 37
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1135
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,795
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 680,674
  • High Value: 799,497
  • Low Value: 561,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,100
  • Assessed Land Value: $118,900
  • Assessed Improvements Value: $470,200

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11889376331
  • Current Sale Price: $594,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 56130
  • Previous Sale Recording Date: Aug 04, 2021
  • Previous Sale Contract Date: Aug 04, 2021
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $445,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LATITUDE CAPITAL LLC
  • Previous Mortgage Transaction Date: Aug 04, 2021
  • Previous Mortgage Loan Amount: $370,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Worcester



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Frequently Asked Questions

What neighborhood is 37 Wallace Avenue located in?
The 37 Wallace Avenue is a located in the neighborhood of Auburn in Worcester, Auburn.
What is the average sales price for listings in 37 Wallace Avenue?
The average sales price for units in 37 Wallace Avenue is $0 currently.

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