NOT LISTED FOR SALE

Estimated Value: $614,000 - $709,000

8 Beds
3 Baths
2,819 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $575,000 $204 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,200/month

4 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • Corner Lot

About This Home

As of April 2022

Location means a lot when it comes to buying Real Estate. This property is no different. Located off Belmont Street next to UMass Memorial Medical Center - Memorial Campus this multi family is updated throughout. Perfect for an owner occupant or investor. Off Street Parking , updated kitchen, baths, and heating system. The owner took meticulous care with this property with the improvements made it shows. All tenants are TAW with the current owner living on the 3rd Floor. The rent listed for the 3rd floor is a market rate rent projection and not what the owner collects. Buyer and Buyer representation to do all due diligence before submitting an offer. We will be holding all showing requests until first open house March 5th 2022 from 11am to 12:30Pm. That will be the only open house and chance to see the property. All offers are due Monday March 7th 2022 by 5pm. Please attach POF alongside highest and best offer and email it to the listing agent.

Last Agent to Sell the Property

Jaquaine Coe

The LGCY Group LLC Listed on: 03/02/2022

Co-Listed By

Bethany McNaught

The LGCY Group LLC

Last Buyer's Agent

Kaitlyn Flynn

The Neighborhood Realty Group

The Neighborhood Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Corner Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,819 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Belmont Street Elementary School
  • Worcester East Middle School
  • North High School

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,650
  • Legal Lot and Block 00006 / 027
  • Assessor Parcel Number WORC M:01 B:027 L:00006,1762349

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 3 Units
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,930

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2819
  • Stories Total: 3
  • MAIN LO: AN6777
  • MAIN SO: AN3365

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: WORC M:01 B:027 L:00006,1762349
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5560

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2930
  • Tax Block: 027
  • Tax Lot: 00006

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 3
  • Total Actual Rent: 4650
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: North High
  • Elementary School: Belmont Street
  • Middle Or Junior School: Worcester East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2014
Sold by
Hammond Lawrence M
Bought by
Hesagrab Properties Llc
Current Estimated Value
$679,949

Purchase Details

Closed on
Jan 2, 2009
Sold by
1 Patch Street Rt and Anina
Bought by
Hammond Lawrence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2008
Sold by
Beneficial Mass Inc
Bought by
One Patch Street Rt and Anina

Purchase Details

Closed on
Dec 6, 2006
Sold by
Cruz Felicita
Bought by
Beneficial Mass Inc

Purchase Details

Closed on
Oct 23, 1996
Sold by
Detellis Jeanne
Bought by
Cruz Felicita

Purchase Details

Closed on
Jun 15, 1992
Sold by
Detellis George J and Detellis Jeanne
Bought by
Alvarez Jorge L and Alvarez Edith
Source: Public Records

Range of Values:

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Average Value
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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
Hesagrab Properties Llc -- --
Hammond Lawrence M $130,000 --
One Patch Street Rt $60,000 --
Beneficial Mass Inc $287,593 --
Cruz Felicita $42,000 --
Alvarez Jorge L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond Lawrence M $97,500
Previous Owner Alvarez Jorge L $64,600
Previous Owner Alvarez Jorge L $101,250
Previous Owner Alvarez Jorge L $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $575,000 +19.8% $204 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $479,943 +100.0% $170 / Sq Ft
04/17/2019 04/17/19 Sold $240,000 -2.0% $85 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $244,941 0.0% $87 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $244,941 -7.6% $87 / Sq Ft
12/04/2018 12/04/18 For Sale $264,975 -- $94 / 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 $7,481 $567,200 $85,900 $481,300
2024 $7,283 $529,700 $85,900 $443,800
2023 $5,119 $357,000 $74,700 $282,300
2022 $4,219 $277,400 $59,800 $217,600
2021 $3,775 $231,900 $47,800 $184,100
2020 $3,424 $201,400 $47,500 $153,900
2019 $3,515 $195,300 $41,400 $153,900
2018 $3,572 $188,900 $41,400 $147,500
2017 $3,394 $176,600 $41,400 $135,200
2016 $3,281 $159,200 $30,300 $128,900
2015 $3,195 $159,200 $30,300 $128,900
2014 $3,111 $159,200 $30,300 $128,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72948048

MLS Property Information Network (MLS PIN)

APN: WORC-000001-000027-000006