389 Mechanic St
Leominster, MA 01453
6 bd 2 ba 2,035 sqft Built 1905 Lot 6,200 sqft multi_family
Most recent sale
$410,000
Jan 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 20, 2024 | Sold | $590,000 | MLSPIN |
| Jul 3, 2024 | Listed | $565,000 | MLSPIN |
| Jan 14, 2022 | Sold | $410,000 | MLS #72913038 |
| Dec 2, 2021 | Relisted | $385,900 | MLS #72913038 |
| Nov 4, 2021 | Listing removed | $385,900 | MLSPIN |
| Oct 26, 2021 | Listed | $385,900 | MLS #72913038 |
| Oct 29, 2018 | Sold | $250,000 | MLS #72322406 |
| Aug 24, 2018 | Price changed | $269,400 | MLS #72322406 |
| Jun 6, 2018 | Price changed | $269,900 | MLS #72322406 |
| May 29, 2018 | Relisted | $279,900 | MLS #72322406 |
| May 26, 2018 | Relisted | $279,900 | MLS #72322406 |
| May 7, 2018 | Listed | $279,900 | MLS #72322406 |
| Nov 30, 1988 | Sold | $139,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $302,200 | $113,200 | $415,400 | $5,828 |
| 2024 | $262,300 | $107,800 | $370,100 | $5,370 |
| 2023 | $235,800 | $93,700 | $329,500 | $5,120 |
| 2022 | $198,300 | $81,500 | $279,800 | $4,633 |
| 2021 | $177,100 | $63,400 | $240,500 | $4,360 |
| 2020 | $177,100 | $63,400 | $240,500 | $4,324 |
| 2019 | $152,300 | $60,400 | $212,700 | $3,943 |
| 2018 | $139,900 | $58,600 | $198,500 | $3,837 |
| 2017 | $104,300 | $54,800 | $159,100 | $3,139 |
| 2016 | $98,300 | $54,800 | $153,100 | $2,998 |
| 2015 | $91,000 | $54,800 | $145,800 | $2,834 |
| 2014 | $93,700 | $59,300 | $153,000 | $2,890 |
| 2006 | $133,100 | $77,300 | $210,400 | $2,270 |
| 2005 | $137,600 | $57,300 | $194,900 | $2,292 |
| 2004 | $76,900 | $51,300 | $128,200 | $1,623 |
| 2003 | $68,700 | $51,300 | $120,000 | $1,560 |
Property facts
Year built
1905
Property type
multi_family
Stories
3
Beds
6
Baths
2
Living area
2,035 sqft
Lot size
6,200 sqft
ZIP code
01453
City
Leominster
Street
Mechanic St
Coordinates
42.52120, -71.74190
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,460
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 389 Mechanic St last sell?
389 Mechanic St most recently sold on Jan 14, 2022 for $410,000.
What is the current tax assessment for 389 Mechanic St?
The most recent total assessment for 389 Mechanic St (year 2025) is $415,400 with $5,828 in property tax.
How does 389 Mechanic St's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $410,000.
When was 389 Mechanic St built?
389 Mechanic St was built in 1905.
How does 389 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 389 Mechanic St?
389 Mechanic St is a 6 bed, 2 bath, 2,035 sqft, 6,200 sqft lot multi_family.
Is 389 Mechanic St a flip candidate?
No — 389 Mechanic St does not appear in our flips dataset.
Is 389 Mechanic St a tax-appeal candidate?
No — 389 Mechanic St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$363.6K
2026 Q4
$358.1K
ZIP 01453 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mechanic St