1 Patch St Worcester, MA 01605
Bell Hill NeighborhoodEstimated Value: $574,000 - $743,000
8
Beds
3
Baths
2,819
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- Waterfront
- Property is near public transit
- Corner Lot
About This Home
As of April 2022Location 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.
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
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
Total Days on Market
4
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
$800,000
Interest Rate
4.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Open | Adcox Oliver | $564,585 | |
| Closed | Almonor Carl | $220,536 | |
| Closed | Almonor Carl | $219,780 | |
| Closed | Hesagrab Properties Ll | $800,000 | |
| Previous Owner | Hammond Lawrence M | $97,500 | |
| Previous Owner | 1 Patch Street Rt | $80,000 | |
| Previous Owner | Cruz Felicita | $287,593 | |
| Previous Owner | Cruz Felicita | $261,000 | |
| Previous Owner | Cruz Felicita | $205,000 | |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Jaquaine Coe
Seller's Agent in 2022
Jaquaine Coe
The LGCY Group LLC
(508) 989-6943
3 in this area
83 Total Sales
-
Bethany McNaught
B
Seller Co-Listing Agent in 2022
Bethany McNaught
The LGCY Group LLC
(508) 989-6943
2 in this area
10 Total Sales
-
Kaitlyn Flynn
K
Buyer's Agent in 2022
Kaitlyn Flynn
1 Worcester Homes
(978) 257-4938
1 in this area
22 Total Sales
-
C
Buyer's Agent in 2019
Cecily Periana
Coldwell Banker Realty - Arlington
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72948048
APN: WORC-000001-000027-000006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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