Seller's Agent in 2023
Erika Hall
Keller Williams Pinnacle MetroWest
(508) 887-3192
1 in this area
56 Total Sales
1 Cheney St Worcester, MA 01610
Beacon Brightly NeighborhoodEstimated Value: $610,000 - $773,000
12
Beds
3
Baths
4,368
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Shops
- 4-minute walk to University Park
- Park
About This Home
As of February 2023***INVESTMENT OPPORTUNITY*** PRIME LOCATION STEPS TO CLARK U in tuition free zone. Prized 6 room | 4 bedroom layout with nearly 1,500 sqft in each unit! Modernized units with contemporary flooring, kitchens, bathrooms and in-unit laundry hookups. Paved driveway with parking for 7 vehicles. Updated heating system with hot water baseboard in each unit. Individually metered gas boilers and electric water heaters, approx 10 years old. Individually metered electric with separate owner's panel. Recent vinyl windows and soffits. De-lead cert for 2nd floor unit. Fully rented with impressive long-term gross monthlies. 1st & 2nd floor are 7 & 10-year tenants with guaranteed payment through RCAP. 3rd floor is TAW. Building orientation and size may allow for future solar roof or additional bathrooms subject to permitting and approvals. Full breakdown of rents available upon request. Owner will consider delivering U3 vacant. *VR tour link* https://musee.xitotech.com/e/index.html?tour=257o259
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,696
Year Built
- Built in 1915
Lot Details
- 4,818 Sq Ft Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,368 Sq Ft Home
- Insulated Windows
- Washer Hookup
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- Total Actual Rent $5,630
- Assessor Parcel Number M:07 B:005 L:00031,1768605
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Additional Features
- Shops
- Net Operating Income $67,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2013
Closed on
Mar 28, 2014
Sold by
Semrin Ahmad and Semrin Emad
Bought by
Xu Yichao J
Seller's Agent
Mila Ivanova
Coldwell Banker Realty - Worcester
Buyer's Agent
Gloria Mackoul
Coldwell Banker Realty - Worcester
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,667
Avg. Annual Appreciation
11.54%
Original Mortgage
$129,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2012
Closed on
Apr 23, 2012
Sold by
Department Of Housing & Urban Dev
Bought by
Semrin Ahmad and Semrin Emad
Seller's Agent
Alan Ward
Great Homes Real Estate, Inc.
Buyer's Agent
Mila Ivanova
Coldwell Banker Realty - Worcester
List Price
$72,000
Sold Price
$73,500
Premium/Discount to List
$1,500
2.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.33%
Purchase Details
Closed on
Oct 26, 2011
Sold by
Citimortgage Inc
Bought by
Department Of Housing & Urban Dev
Purchase Details
Closed on
Dec 15, 2008
Sold by
Department Of Housing & Urban Dev
Bought by
Citimortgage Inc
Purchase Details
Closed on
Feb 8, 2008
Sold by
Osunde Mable
Bought by
Citimortgage Inc
Purchase Details
Closed on
Apr 7, 2005
Sold by
Gathuthi Scola
Bought by
Osunde Mabel
Purchase Details
Closed on
Jul 28, 2004
Sold by
Nyarko Adwoa and Kwarteng Collins
Bought by
Gathuthi Scola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2003
Sold by
Huynh Hai and Tran Phuong
Bought by
Kwarteng Collins and Nyarko Adwoa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 1999
Sold by
Nguyen Ngoc Tuyet and Pham Dung H
Bought by
Tran Phuong and Huynh Hai
Purchase Details
Closed on
Mar 12, 1991
Sold by
Nguyen Ngoctuyet and Pham Michelle
Bought by
Nguyen Ngoctuyet and Pham Michelle
Purchase Details
Closed on
Apr 20, 1988
Sold by
Nguyen Phuc
Bought by
Nguyen Ngoctuyet
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xu Yichao J | $185,000 | -- | |
| Semrin Ahmad | $73,500 | -- | |
| Department Of Housing & Urban Dev | -- | -- | |
| Citimortgage Inc | -- | -- | |
| Citimortgage Inc | $346,657 | -- | |
| Osunde Mabel | $330,000 | -- | |
| Gathuthi Scola | $345,000 | -- | |
| Kwarteng Collins | $295,000 | -- | |
| Tran Phuong | $107,000 | -- | |
| Nguyen Ngoctuyet | $126,500 | -- | |
| Nguyen Ngoctuyet | $126,500 | -- | |
| Nguyen Ngoctuyet | $129,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Ellison | $655,788 | |
| Closed | Xu Yichao J | $129,500 | |
| Previous Owner | Gathuthi Scola | $327,750 | |
| Previous Owner | Nguyen Ngoctuyet | $290,400 | |
| Previous Owner | Nguyen Ngoctuyet | $156,000 | |
| Previous Owner | Nguyen Ngoctuyet | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $633,000 | +2.3% | $145 / Sq Ft |
| 12/23/2022 12/23/22 | Pending | -- | -- | -- |
| 12/03/2022 12/03/22 | For Sale | $619,000 | +234.6% | $142 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $185,000 | -7.5% | $42 / Sq Ft |
| 02/26/2014 02/26/14 | Pending | -- | -- | -- |
| 12/05/2013 12/05/13 | For Sale | $199,900 | +172.0% | $45 / Sq Ft |
| 04/24/2012 04/24/12 | Sold | $73,500 | +2.1% | $17 / Sq Ft |
| 03/25/2012 03/25/12 | Pending | -- | -- | -- |
| 03/05/2012 03/05/12 | For Sale | $72,000 | -- | $16 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,885 | $597,800 | $52,400 | $545,400 |
| 2024 | $6,859 | $498,800 | $52,400 | $446,400 |
| 2023 | $6,535 | $455,700 | $41,400 | $414,300 |
| 2022 | $5,696 | $374,500 | $33,200 | $341,300 |
| 2021 | $5,104 | $313,500 | $26,500 | $287,000 |
| 2020 | $4,126 | $242,700 | $26,500 | $216,200 |
| 2019 | $4,172 | $231,800 | $25,300 | $206,500 |
| 2018 | $4,058 | $214,600 | $25,300 | $189,300 |
| 2017 | $3,781 | $196,700 | $25,300 | $171,400 |
| 2016 | $3,648 | $177,000 | $17,800 | $159,200 |
| 2015 | $3,552 | $177,000 | $17,800 | $159,200 |
| 2014 | $3,459 | $177,000 | $17,800 | $159,200 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Hall
-
Johnny Long
Buyer's Agent in 2023
Johnny Long
PRIVI Realty LLC
(617) 275-1415
1 in this area
149 Total Sales
-
Mila Ivanova
M
Seller's Agent in 2014
Mila Ivanova
Coldwell Banker Realty - Worcester
(508) 757-3474
23 Total Sales
-
Gloria Mackoul
Buyer's Agent in 2014
Gloria Mackoul
Coldwell Banker Realty - Worcester
(508) 635-6644
57 Total Sales
-
Alan Ward
A
Seller's Agent in 2012
Alan Ward
Great Homes Real Estate, Inc.
(413) 596-8763
45 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73062664
APN: WORC-000007-000005-000031
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