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42 Malburn Terrace

42 Malburn Terrace, Leominster, MA 01453
Property in Leominster
Sold Sep 18, 2014
$130,000
$97,500 by Bank Of America Na
Mortgage Due Sep 18, 2044
42 Malburn Terrace in Leominster, MA was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 3 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 42 Malburn Terrace has 1,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 42 Malburn Terrace was last sold in Jan 1, 1970 for $130,000. According to our calculations, that's $86.67 per sqft. Current property owners are expected to pay $3,470 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 42 Malburn Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $223,300. While improvements to the property were assessed at a total of $223,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,500
  • Gross Building Area: 2,528
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : LOCKWOOD LEE C
  • Previous Owner : AKINS 3RD CHRISTOPHER C
  • Previous Owner 2: AKINS MELISSANNE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Leominster School District
  • School Tax School District: LEOMINSTER SD
  • Census Tract: 709204

Geography

  • Parcel: LEOM M:0462 B:0017 L:E-5-T
  • Block: 17
  • Lot: E-5-T
  • Municipality: LEOMINSTER
  • Latitude: 42.5095
  • Longitude: -71.7389

    Address

  • Full Address: 42 Malburn Ter
  • Address - House Number: 42
  • Address - Street Name: Malburn
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Leominster
  • Carrier Code: C013
  • 4-Digit Zip Code: 4873
  • Zip Code: 01453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,470
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 327,648
  • High Value: 394,051
  • Low Value: 261,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 18, 2014
  • First Open Lien Mortgage Loan Amount: $97,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 18, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,300
  • Assessed Improvements Value: $223,300

    Sales

  • Current Sale Recording Date: Sep 18, 2014
  • Current Sale Transaction ID: 1113448427
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12669

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 18, 2014
  • First Mortgage Loan Amount: $97,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 18, 2044

About Leominster



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Frequently Asked Questions

What neighborhood is 42 Malburn Terrace located in?
The 42 Malburn Terrace is a located in the neighborhood of Leominster in Leominster, Leominster.
What is the average sales price for listings in 42 Malburn Terrace?
The average sales price for units in 42 Malburn Terrace is $0 currently.

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