1 Verdi Rd Worcester, MA 01604
Shrewsbury Street NeighborhoodEstimated Value: $697,917 - $803,000
9
Beds
3
Baths
3,864
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Porch
- Deck
- Corner Lot
- 2-minute walk to Cristoforo Colombo Park
About This Home
As of April 2022Family owned for generations. Great investment opportunity in a sought after area in the heart of Shrewsbury Street neighborhood, steps away from East Park and restaurant row! Each unit of this 3 family features 3 bedrooms and 1 bath. Updated electrical and composite decks. Long term tenants are tenants at will and rents are below market value. Property is being sold as-is. Open house Saturday, February 5th, 11-1pm. Offers, if any, preferred by Monday, February 7th, 5:00pm. Seller will not respond to offers before Tuesday, February 8th at 5:00pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,032
Year Built
- Built in 1915
Lot Details
- 3,920 Sq Ft Lot
- Property fronts a private road
- Corner Lot
- Level Lot
Home Design
- Triplex
- Block Foundation
- Stone Foundation
Interior Spaces
- 3,864 Sq Ft Home
- Basement Fills Entire Space Under The House
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
Utilities
- No Cooling
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Total Actual Rent $2,498
- Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water)
- Assessor Parcel Number M:16 B:016 L:00016,1778241
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Net Operating Income $29,976
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2022
Closed on
Apr 1, 2022
Sold by
Joseph Bellino T
Bought by
Zakim Joshua I and Ciccolo Alexander E
Seller's Agent
Patricia Revelli
Castinetti Realty Group
Buyer's Agent
Ben Kovacs
List Price
$524,900
Sold Price
$595,000
Premium/Discount to List
$70,100
13.35%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,479
Avg. Annual Appreciation
4.93%
Original Mortgage
$446,250
Outstanding Balance
$426,875
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,616
Purchase Details
Closed on
Apr 8, 2019
Sold by
Bellino Joseph B
Bought by
Joseph Bellino T
Purchase Details
Closed on
Aug 22, 2001
Sold by
Panzero Josephine M and Matrigalli Mary J
Bought by
Bellino Joseph B
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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 |
|---|---|---|---|
| Zakim Joshua I | $595,000 | None Available | |
| Joseph Bellino T | -- | -- | |
| Bellino Joseph B | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zakim Joshua I | $446,250 | |
| Previous Owner | Bellino Joseph B | $270,000 | |
| Previous Owner | Panzero Josephine M | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $595,000 | +13.4% | $154 / Sq Ft |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- |
| 02/02/2022 02/02/22 | For Sale | $524,900 | -- | $136 / 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 | $7,720 | $585,300 | $67,400 | $517,900 |
| 2024 | $7,084 | $515,200 | $67,400 | $447,800 |
| 2023 | $6,249 | $435,800 | $58,600 | $377,200 |
| 2022 | $5,445 | $358,000 | $46,900 | $311,100 |
| 2021 | $5,032 | $309,100 | $37,500 | $271,600 |
| 2020 | $4,638 | $272,800 | $37,300 | $235,500 |
| 2019 | $4,637 | $257,600 | $32,500 | $225,100 |
| 2018 | $4,518 | $238,900 | $32,500 | $206,400 |
| 2017 | $4,221 | $219,600 | $32,500 | $187,100 |
| 2016 | $3,487 | $169,200 | $24,100 | $145,100 |
| 2015 | $3,396 | $169,200 | $24,100 | $145,100 |
| 2014 | $3,306 | $169,200 | $24,100 | $145,100 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Revelli
P
Seller's Agent in 2022
Patricia Revelli
Castinetti Realty Group
(508) 719-8804
2 in this area
13 Total Sales
-
Ben Kovacs
B
Buyer's Agent in 2022
Ben Kovacs
(774) 217-2268
4 in this area
65 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72939101
APN: WORC-000016-000016-000016
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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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