1 Edgewood St Worcester, MA 01602
Elm Park NeighborhoodEstimated Value: $579,000 - $644,000
6
Beds
2
Baths
3,028
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit
- Community Stables
- Deck
- 2 Fireplaces
About This Home
As of June 2023Group Showing Saturday, May 6th, 1230-1 pm - appt req & buyer agents must be present. Fantastic two-family in a well-established area of Worcester. Close to colleges and all local amenities. This large 2 family has 3 beds and 1 bath on each floor with great hardwood floors, a fireplace, and large living and dining rooms with built-in cabinets and eat-in Kitchens. Each bedroom is grand in size, making this a terrific opportunity to add it to your portfolio. Long Term Tenants are at will and would love to stay. Layouts are identical on each floor. There is an unfinished attic area that could be finished off to add additional space for unit 2 or if another egress is added could be the third unit with approval needed from the city. The tenants are currently using a long driveway with a 2-car garage as a workshop. Group Showings will be held so as not to disturb the tenants as often. The seller will not vacate or give notice to any units prior to the sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,816
Year Built
- Built in 1890
Lot Details
- 4,745 Sq Ft Lot
- Near Conservation Area
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,028 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Insulated Windows
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- Separate Meters
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,975
- Rent includes unit 1(heat electric gas water), unit 2(water)
- Assessor Parcel Number M:11 B:033 L:00022,1773620
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $35,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2019
Closed on
Jul 19, 2019
Sold by
Oconnell Wendy
Bought by
Worcester Dev Project 4
Seller's Agent
Sandy Bosnakis
RE/MAX Vision
Buyer's Agent
Candice Bettencourt
OWN IT
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%
Total Days on Market
4
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
$248,084
Avg. Annual Appreciation
9.17%
Purchase Details
Closed on
Aug 8, 2011
Sold by
Conlon Marguerite A and Conlon Lnez A
Bought by
Bonofiglilo Robert A and Bonofiglio Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Worcester, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Worcester Dev Project 4 | $365,000 | -- | |
| Bonofiglilo Robert A | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tego Lediana | $350,000 | |
| Open | Worcester Dev Project 4 | $843,000 | |
| Previous Owner | Oconnell Wendy | $243,750 | |
| Previous Owner | Benefit Alyssa | $265,109 | |
| Previous Owner | Bonofiglilo Robert A | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $500,000 | -4.8% | $165 / Sq Ft |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $525,000 | +43.8% | $173 / Sq Ft |
| 07/24/2019 07/24/19 | Sold | $365,000 | +7.7% | $121 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 06/26/2019 06/26/19 | For Sale | $339,000 | 0.0% | $112 / Sq Ft |
| 02/16/2018 02/16/18 | Rented | $1,500 | 0.0% | -- |
| 02/01/2018 02/01/18 | For Rent | $1,500 | 0.0% | -- |
| 06/09/2017 06/09/17 | Sold | $325,000 | +5.2% | $107 / Sq Ft |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | For Sale | $309,000 | -- | $102 / 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 | $7,055 | $534,900 | $94,300 | $440,600 |
| 2024 | $7,818 | $568,600 | $94,300 | $474,300 |
| 2023 | $7,338 | $511,700 | $82,000 | $429,700 |
| 2022 | $6,816 | $448,100 | $65,600 | $382,500 |
| 2021 | $5,994 | $368,200 | $52,500 | $315,700 |
| 2020 | $5,603 | $329,600 | $52,500 | $277,100 |
| 2019 | $5,654 | $314,100 | $47,200 | $266,900 |
| 2018 | $5,520 | $291,900 | $47,200 | $244,700 |
| 2017 | $4,893 | $254,600 | $47,200 | $207,400 |
| 2016 | $4,928 | $239,100 | $35,200 | $203,900 |
| 2015 | $4,799 | $239,100 | $35,200 | $203,900 |
| 2014 | $4,658 | $238,400 | $35,200 | $203,200 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Fortwengler
Seller's Agent in 2023
Spencer Fortwengler
OWN IT
(508) 410-1781
4 in this area
207 Total Sales
-
Sandy Bosnakis
Seller's Agent in 2019
Sandy Bosnakis
Re/Max Vision
(508) 843-5392
1 in this area
73 Total Sales
-
Candice Bettencourt
Buyer's Agent in 2019
Candice Bettencourt
OWN IT
(508) 450-2576
29 Total Sales
-
James Kalogeropoulos
Seller's Agent in 2017
James Kalogeropoulos
RE/MAX
(508) 635-8259
7 in this area
79 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73107405
APN: WORC-000011-000033-000022
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