7
Beds
3
Baths
2,154
Sq Ft
3,429
Sq Ft Lot
Highlights
- Golf Course Community
- Deck
- Wood Flooring
- Medical Services
- Property is near public transit
- 1-minute walk to Oread Castle Park
About This Home
As of April 2024Welcome to 1 Ely Street, a fantastic opportunity for investors or those seeking an owner occupied multi-family property in the heart of Worcester. This RARE vacant 3-family home offers incredible potential at an unbelievable price. With two 3 bedroom units and one 1 bedroom unit, this spacious property is perfect for generating rental income. Conveniently located near highways, universities, and hospitals, it provides easy access to amenities and transportation. Each unit is separately metered, adding convenience and flexibility. Whether you're looking to expand your investment portfolio or seeking your next home, this property is a must-see. Don't miss out on this cash cow opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,695
Year Built
- Built in 1880
Lot Details
- 3,429 Sq Ft Lot
- Level Lot
Parking
- Open Parking
Home Design
- 2,154 Sq Ft Home
- Brick Foundation
- Stone Foundation
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:06 B:018 L:00008,1767414
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2024
Sold by
Castillo Felix M and Qs Lending T
Bought by
Obrien Michael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2023
Sold by
Castillo Felix A
Bought by
Inversiones Casimiro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 7, 2014
Sold by
Zitomersky Frank A
Bought by
Revicki Annmarie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2010
Sold by
Melgar Marta G
Bought by
Rico German A
Purchase Details
Closed on
Oct 29, 2004
Sold by
Ferrar Javier and Melger Angela
Bought by
Rico German A and Melger Marta G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2002
Sold by
Harris Dennis
Bought by
Ferrer Javier and Melgar Angela
Purchase Details
Closed on
Dec 31, 1998
Sold by
Harman Sean R
Bought by
Harris Dennis
Purchase Details
Closed on
Aug 24, 1998
Sold by
Reyes Nydia
Bought by
Harman Seanr
Purchase Details
Closed on
Jun 15, 1994
Sold by
Bay Loan & Investment
Bought by
Pena Miguel A
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $400,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $75,000 | -- | |
| Deed | -- | -- | |
| Deed | $276,000 | -- | |
| Deed | $171,000 | -- | |
| Deed | $90,000 | -- | |
| Deed | $20,000 | -- | |
| Deed | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $522,500 | Purchase Money Mortgage | |
| Closed | $25,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $507,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $408,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $260,000 | No Value Available | |
| Previous Owner | $220,800 | Purchase Money Mortgage | |
| Previous Owner | $39,200 | No Value Available | |
| Previous Owner | $229,500 | No Value Available | |
| Previous Owner | $172,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $550,000 | +10.0% | $255 / Sq Ft |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 02/13/2024 02/13/24 | For Sale | $499,900 | 0.0% | $232 / Sq Ft |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $499,900 | +566.5% | $232 / Sq Ft |
| 11/05/2012 11/05/12 | Sold | $75,000 | -46.4% | $35 / Sq Ft |
| 10/06/2012 10/06/12 | Pending | -- | -- | -- |
| 02/07/2012 02/07/12 | For Sale | $140,000 | -- | $65 / 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 | $5,264 | $399,100 | $49,200 | $349,900 |
| 2024 | $5,115 | $372,000 | $49,200 | $322,800 |
| 2023 | $4,695 | $327,400 | $39,500 | $287,900 |
| 2022 | $4,241 | $278,800 | $31,600 | $247,200 |
| 2021 | $3,360 | $206,400 | $25,300 | $181,100 |
| 2020 | $3,138 | $184,600 | $25,400 | $159,200 |
| 2019 | $2,839 | $157,700 | $25,000 | $132,700 |
| 2018 | $2,878 | $152,200 | $25,000 | $127,200 |
| 2017 | $2,723 | $141,700 | $25,000 | $116,700 |
| 2016 | $2,729 | $132,400 | $21,100 | $111,300 |
| 2015 | $2,657 | $132,400 | $21,100 | $111,300 |
| 2014 | $2,587 | $132,400 | $21,100 | $111,300 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2024
Brooke Coughlin
Lamacchia Realty, Inc.
(508) 612-0821
3 in this area
172 Total Sales
-
Buyer's Agent in 2024
Marcia Velis
Property Investors & Advisors, LLC
(508) 688-4095
2 in this area
113 Total Sales
-
Seller's Agent in 2012
Kristine Gaffney
ERA Key Realty Services- Auburn
(774) 200-5265
1 in this area
58 Total Sales
-
S
Buyer's Agent in 2012
Sharon Liberty
ERA Key Realty Services- Auburn
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73198427
APN: WORC-000006-000018-000008
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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