$305,000
SOLD DEC 1, 2017

1 Envelope Terrace Unit 311 Worcester, MA 01604

Shrewsbury Street Neighborhood
3 Beds
3 Baths
1,879 Sq Ft
1889 Built

Recently Sold

$162 Per Sq Ft

2% Above List Price

8 Days on Market

About This Home

As of July 2021

Very rare opportunity to own the largest penthouse unit at Biscuit Lofts / Envelope Ter. The Imperial unit is an entire wing and doesn't share any walls with neighbors (except below), offers 1,875 sqft, three large bedrooms, two and a half bathrooms, open floor plan, three deeded off street parking spaces, stainless steel appliances, granite counter tops with breakfast bar, lots of natural light with 14 windows, and so much more. Master bathroom features fully tiled walk in shower with two shower heads! Must see in person! Heat and Gas included in condo fee! Two HVAC units to ensure summers are freezing. Very healthy condo association with excessive reserves, professional management, and guest parking. One block away from the middle of Shrewsbury Street's famous “Restaurant Row” offers more than 40 quality restaurants and bars, and beautiful park! Very walkable! All major routes are close! Less than 1 mile to T station. Perfect for Umass, St Vincent, or AbbVie students / employees.

Last Agent to Sell the Property

Justin Jarboe

Keller Williams Pinnacle Central Listed on: 11/02/2017

Keller Williams Pinnacle Central

Last Buyer's Agent

Sara Fish

J Blumen & Associates

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 9, 2021
Sold by
Heifetz Heidi L and Shelley Marc V
Bought by
Macpherson Derek J and Mills Caitlyn L
Seller's Agent
Janet Schoeny
RE/MAX Vision
Buyer's Agent
Adam Barisano
Conway - Scituate
List Price
$549,000
Sold Price
$456,500
Premium/Discount to List
-$92,500
-16.85%
Total Days on Market
8
Current Estimated Value
$591,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,827
Avg. Annual Appreciation
6.86%
Original Mortgage
$408,500
Outstanding Balance
$373,849
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,478

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 1, 2017
Sold by
Worcester Real Propert
Bought by
Shelley Marc V and Heifetz Heidi L
Seller's Agent
Justin Jarboe
Keller Williams Pinnacle Central
Buyer's Agent
Sara Fish
J Blumen & Associates
List Price
$299,990
Sold Price
$305,000
Premium/Discount to List
$5,010
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Nigro Danoel J
Bought by
Worcester Real Propert

Purchase Details

Closed on
Oct 14, 2005
Sold by
Biscuit Realty Llc
Bought by
Nigro Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $456,500 None Available
Not Resolvable $305,000 --
Foreclosure Deed $211,000 --
Deed $339,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,500 Purchase Money Mortgage
Previous Owner $271,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $456,500 -8.7% $228 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $499,900 -8.9% $249 / Sq Ft
04/14/2021 04/14/21 For Sale $549,000 +80.0% $274 / Sq Ft
12/01/2017 12/01/17 Sold $305,000 +1.7% $162 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $299,990 -- $160 / 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 $7,225 $547,800 $0 $547,800
2024 $6,905 $502,200 $0 $502,200
2023 $6,323 $440,900 $0 $440,900
2022 $6,572 $432,100 $0 $432,100
2021 $5,825 $357,800 $0 $357,800
2020 $5,634 $331,400 $0 $331,400
2019 $5,350 $297,200 $0 $297,200
2018 $5,558 $293,900 $0 $293,900
2017 $5,597 $291,200 $0 $291,200
2016 $4,753 $230,600 $0 $230,600
2015 $4,628 $230,600 $0 $230,600
2014 $4,154 $212,600 $0 $212,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72250756

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000030-000001-000311