NOT LISTED FOR SALE

1 Othello Rd Unit 2 Worcester, MA 01604

Lake Park Neighborhood

Estimated Value: $552,000 - $616,000

2 Beds
1 Bath
1,100 Sq Ft
$533/Sq Ft Est. Value

About This Home

This home is located at 1 Othello Rd Unit 2, Worcester, MA 01604 and is currently estimated at $586,323, approximately $533 per square foot. 1 Othello Rd Unit 2 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Lake View Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2015
Sold by
Palmer Carl A and Palmer Christina E
Bought by
Zhang Nan and Ma Yunsheng
Current Estimated Value
$586,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Outstanding Balance
$147,258
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$439,065

Purchase Details

Closed on
Sep 30, 2008
Sold by
Gardner Maria E
Bought by
Palmer Carl A and Otenti Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,320
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Zhang Nan $249,900 --
Palmer Carl A $217,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Nan $187,425
Previous Owner Palmer Carl A $174,320
Source: Public Records

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 $7,166 $543,300 $99,000 $444,300
2024 $6,795 $494,200 $99,000 $395,200
2023 $6,358 $443,400 $86,100 $357,300
2022 $5,873 $386,100 $68,900 $317,200
2021 $5,060 $310,800 $55,100 $255,700
2020 $4,736 $278,600 $55,100 $223,500
2019 $4,761 $264,500 $49,600 $214,900
2018 $4,652 $246,000 $49,600 $196,400
2017 $4,426 $230,300 $49,600 $180,700
2016 $4,248 $206,100 $36,900 $169,200
2015 $3,386 $168,700 $36,900 $131,800
2014 $3,296 $168,700 $36,900 $131,800
Source: Public Records

Map

Massachusetts Worcester County Worcester 01604 Lake Park

1 Othello Rd Unit 2, Worcester, MA

Not Listed for Sale

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