NOT LISTED FOR SALE

1 Envelope Terrace Unit 116 Worcester, MA 01604

Shrewsbury Street Neighborhood

Estimated Value: $417,000 - $437,000

2 Beds
2 Baths
1,234 Sq Ft
1889 Built

Last Sold May 18, 2017

Last sale price $232,000 $188 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,812/month

1 Day on Market

About This Home

As of May 2017

Ultra stylish corner unit at Envelope Terrace! Steps away from Shrewsbury St. this spacious 2 bed, 2 bath condo features an open floor plan on the main level with hardwood floors, 12” ceilings, 3 walls of oversized windows with vintage beams and exposed brick. The cabinet filled kitchen includes stainless steel appliances, large island with natural stone countertops which overlooks the large living room with space for dining. Spacious bedrooms each have their own private bath with upgraded vanities and titled surround in walk-in shower and tub. Two deeded parking spaces, gas, heat and water/sewer are all included in condo fee. Just blocks away from Shrewsbury Street's many fabulous restaurants and close to U Mass, Union Station, Downtown and Major Routes. Come see today!

Last Agent to Sell the Property

Amy Bonner

William Raveis R.E. & Home Services Listed on: 04/05/2017

William Raveis R.E. & Home Services

Last Buyer's Agent

Pamela J Taylor

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,356

Year Built

1889

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.25
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1889

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Basement
  • Bathroom #1: Basement
  • Bathroom #2: Basement
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Basement
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Biscuit Lofts
  • Association Fee Includes: Heat, Gas, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 43
  • Unit Building: 116

Lot Info

  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 18, 2017
Sold by
Jackson Benjamin and Jackson Laura
Bought by
Jobemi Group Llc
Seller's Agent
Amy Bonner
William Raveis R.E. & Home Services
Buyer's Agent
Pamela J Taylor
LAER Realty Partners
List Price
$239,900
Sold Price
$232,000
Premium/Discount to List
-$7,900
-3.29%
Current Estimated Value
$428,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,395
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 17, 2016
Sold by
Reed Mark and Reed Paradise
Bought by
Jackson Benjamin
Seller's Agent
Nancy Day
Berkshire Hathaway HomeServices Stephan Real Estate
Buyer's Agent
Amy Bonner
William Raveis R.E. & Home Services
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$213,750
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Reed Mark
Bought by
Reed Mark and Uyehara Paradis

Purchase Details

Closed on
Jul 10, 2009
Sold by
Jk 2 Financial Svcs Ll
Bought by
Reed Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,100
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Keratsis John
Bought by
Jk2 Fncl Svcs Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jobemi Group Llc $232,000 --
Jackson Benjamin $225,000 --
Reed Mark -- --
Reed Mark $218,000 --
Jk2 Fncl Svcs Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Benjamin $213,750
Previous Owner Reed Mark $207,100
Previous Owner Keratsis John $178,000
Previous Owner Keratsis John $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $232,000 -3.3% $188 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $239,900 +6.6% $194 / Sq Ft
06/17/2016 06/17/16 Sold $225,000 -5.9% $182 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $239,000 -- $194 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $5,356 $406,100 $0 $406,100
2024 $5,121 $372,400 $0 $372,400
2023 $4,691 $327,100 $0 $327,100
2022 $4,878 $320,700 $0 $320,700
2021 $4,987 $306,300 $0 $306,300
2020 $4,826 $283,900 $0 $283,900
2019 $4,583 $254,600 $0 $254,600
2018 $4,797 $253,700 $0 $253,700
2017 $4,832 $251,400 $0 $251,400
2016 $3,557 $172,600 $0 $172,600
2015 $3,464 $172,600 $0 $172,600
2014 $3,109 $159,100 $0 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72141346

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000030-000001-000116