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383-387 Summer St

Fitchburg, MA 01420

7 bd 3 ba 2,549 sqft Built 1900 Lot 5,000 sqft multi_family
Most recent sale
$480,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $480,000 MLS #72965254
Apr 11, 2022 Listed $479,900 MLS #72965254
Nov 9, 2020 Sold $340,000 MLS #72710661
Feb 1, 1989 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $428,000 $83,300 $511,300 $6,908
2024 $376,600 $54,600 $431,200 $6,386
2022 $298,600 $45,100 $343,700 $5,015
2021 $221,400 $30,900 $252,300 $4,801
2020 $204,800 $28,500 $233,300 $4,598
2018 $124,600 $35,600 $160,200 $3,366
2017 $116,300 $32,100 $148,400 $3,189
2016 $119,000 $30,900 $149,900 $3,182
2015 $121,600 $29,700 $151,300 $3,129
2014 $125,700 $29,700 $155,400 $3,082
2006 $166,900 $58,000 $224,900 $2,712
2005 $152,200 $41,300 $193,500 $2,486
2004 $117,000 $50,900 $167,900 $2,320
2003 $82,600 $33,000 $115,600 $1,821

Property facts

Year built
1900
Property type
multi_family
Stories
6
Beds
7
Baths
3
Living area
2,549 sqft
Lot size
5,000 sqft
ZIP code
01420
City
Fitchburg
Street
Summer St
Coordinates
42.57085, -71.77428

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 383-387 Summer St last sell?
383-387 Summer St most recently sold on Jun 21, 2022 for $480,000.
What is the current tax assessment for 383-387 Summer St?
The most recent total assessment for 383-387 Summer St (year 2025) is $511,300 with $6,908 in property tax.
How does 383-387 Summer St's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $480,000.
When was 383-387 Summer St built?
383-387 Summer St was built in 1900.
How does 383-387 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 383-387 Summer St?
383-387 Summer St is a 7 bed, 3 bath, 2,549 sqft, 5,000 sqft lot multi_family.
Is 383-387 Summer St a flip candidate?
Yes — 383-387 Summer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 383-387 Summer St a tax-appeal candidate?
No — 383-387 Summer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$507.9K
2026 Q4
$518K
ZIP 01420 — Median Price History + Forecast

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