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114 Mechanic St

Leominster, MA 01453

5 bd 4 ba 3,465 sqft Built 1900 Lot 6,583 sqft multi_family
Most recent sale
$516,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2025 Sold $620,000 MLSPIN
Jan 23, 2025 Relisted $659,000 MLSPIN
Jan 22, 2025 Listing removed $675,000 MLSPIN
Nov 8, 2024 Price changed $675,000 MLSPIN
Oct 15, 2024 Listed $685,000 MLSPIN
Mar 31, 2022 Sold $516,000 MLS #72928062
Mar 15, 2022 Relisted $489,000 MLS #72928062
Mar 4, 2022 Relisted $489,000 MLS #72928062
Dec 22, 2021 Listing removed $489,000 MLSPIN
Dec 15, 2021 Listed $489,000 MLS #72928062
May 31, 2016 Sold $246,200 MLS #71947031
Jan 9, 2016 Listed $259,000 MLS #71947031
May 31, 2015 Listing removed $269,000 MLSPIN
Feb 2, 2015 Price changed $269,000 MLS #71706633
Nov 30, 2014 Price changed $274,000 MLS #71706633
Sep 2, 2014 Price changed $279,000 MLS #71706633
Jun 29, 2014 Listed $289,000 MLS #71706633
Aug 16, 2001 Sold $185,000 Public Record
Apr 27, 1989 Sold $162,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,900 $113,700 $582,600 $8,174
2024 $400,900 $108,300 $509,200 $7,388
2023 $358,900 $94,200 $453,100 $7,041
2022 $284,400 $81,900 $366,300 $6,066
2021 $269,300 $63,700 $333,000 $6,037
2020 $228,900 $63,700 $292,600 $5,261
2019 $228,900 $60,700 $289,600 $5,369
2018 $203,000 $58,900 $261,900 $5,063
2017 $169,200 $55,000 $224,200 $4,423
2016 $155,100 $55,000 $210,100 $4,114
2015 $155,100 $55,000 $210,100 $4,084
2014 $152,600 $59,400 $212,000 $4,005
2006 $207,200 $77,400 $284,600 $3,071
2005 $205,700 $50,400 $256,100 $3,012
2004 $146,500 $46,700 $193,200 $2,446
2003 $119,600 $46,700 $166,300 $2,162

Property facts

Year built
1900
Property type
multi_family
Stories
4
Beds
5
Baths
4
Living area
3,465 sqft
Lot size
6,583 sqft
ZIP code
01453
City
Leominster
Street
Mechanic St
Coordinates
42.52497, -71.75463

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,096
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 114 Mechanic St last sell?
114 Mechanic St most recently sold on Mar 31, 2022 for $516,000.
What is the current tax assessment for 114 Mechanic St?
The most recent total assessment for 114 Mechanic St (year 2025) is $582,600 with $8,174 in property tax.
How does 114 Mechanic St's assessment compare to its last sale price?
The current assessment is 12.9% above the last sale price of $516,000.
When was 114 Mechanic St built?
114 Mechanic St was built in 1900.
How does 114 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 114 Mechanic St?
114 Mechanic St is a 5 bed, 4 bath, 3,465 sqft, 6,583 sqft lot multi_family.
Is 114 Mechanic St a flip candidate?
No — 114 Mechanic St does not appear in our flips dataset.
Is 114 Mechanic St a tax-appeal candidate?
No — 114 Mechanic 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
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$363.6K
2026 Q4
$358.1K
ZIP 01453 — Median Price History + Forecast

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