NOT LISTED FOR SALE

Estimated Value: $562,127 - $667,000

9 Beds
3 Baths
3,453 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $415,000 $120 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,993/month

38 Days on Market

About This Home

As of December 2020

Great opoortunity to for owner occupied or investor to own a solid multi with 6 rooms per unit and generating over $4,500 in gross monthly rents. Newer roof and updated electrical panels with landlord meter. Updated forced hot air system for the 1st unit and perfectly located nearby 2 hospitals, highway access and tons of amentinties near by on Shrewsbury St. Most of the hard work is done. Units need some TLC but still a great long term property for any owner or to add to any portfolio. Don't miss this opportunity!

Last Listed By

Jeffrey Torres

Property Investors & Advisors, LLC Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1890

Lot Details

  • 4,356

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:16 B:012 L:00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,036

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 121.63
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN6259
  • Main So: K95614
  • Estimated Sq Ft: 3453.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Patio - Enclosed, Gutters
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 264500.00
  • Acre: 0.10
  • Lot Size: 4472.00
  • Page: 118
  • Parcel Number: M:16 B:012 L:00036
  • Zoning: RG-5
  • Lot Description: Gentle Slope

Multi Family

  • Total Levels: 3
  • Total Rent: 4576
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4497.00
  • Assessor Parcel Number: 1778126
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 2, 2020
Sold by
Lopes Edgar A and Lopes Jefry Z
Bought by
Owusu-Agyeman Michael B
Seller's Agent
Jeffrey Torres
Property Investors & Advisors, LLC
Buyer's Agent
Brian Allen
Property Investors & Advisors, LLC
List Price
$419,999
Sold Price
$415,000
Premium/Discount to List
-$4,999
-1.19%
Total Days on Market
38
Current Estimated Value
$623,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,532
Avg. Annual Appreciation
9.44%
Original Mortgage
$407,483
Outstanding Balance
$370,779
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$247,583

Purchase Details

Closed on
Oct 16, 2017
Sold by
Marigold Estate Llc
Bought by
Lopes Edgar A and Lopes Jefry Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2015
Sold by
Shelei Llc
Bought by
Marigold Estate Llc

Purchase Details

Listed on
Apr 18, 2015
Closed on
Jul 24, 2015
Sold by
Hopkins Ft
Bought by
Shelei Llc
Seller's Agent
Ann Rhieu
RE/MAX Advantage 1
Buyer's Agent
Move 2 Boston Group
William Raveis R.E. & Home Services
List Price
$160,000
Sold Price
$161,500
Premium/Discount to List
$1,500
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Worcester, MA

  • 9 Forestdale Rd, Worcester, MA 01605

    $650,000

    • 10 Beds
    • 4 Baths
    • 3,136 Sq Ft
    • 9 Forestdale Rd
    • Worcester, MA

    Attention all Contractors and Investors! Don't miss out on this great opportunity to complete this oversized two family home located in a prime location in Worcester. Just minutes from medical facilities and Clark University. Unit one features four spacious bedrooms, two full bathrooms, large living room and a sunporch. Unit two features two level living with seven bedrooms, three bathrooms and a

    Liana Williams Fort Hill Brokerage Group

    Section Image
  • 1022 Main St, Worcester, MA 01603

    $539,000

    • 8 Beds
    • 3 Baths
    • 2,472 Sq Ft
    • 1022 Main St
    • Worcester, MA

    Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved

    ZhiChao Chen Space Realty

    Section Image
  • 70 Mount Carmel Way, Worcester, MA 01605

    $749,000

    • 11 Beds
    • 4 Baths
    • 5,768 Sq Ft
    • 70 Mount Carmel Way
    • Worcester, MA

    Rare opportunity to own this unique four-family residence nestled in a sought-after location. Just steps away from downtown, the renowned DCU Center, Union Station, and an array of amenities, this property offers unparalleled convenience and potential. Whether you're an astute investor seeking a turnkey opportunity or an owner-occupant looking for a valuable home, this beautiful building is sure

    Steve Doubko Boston's Best Realty

    Section Image
  • 27 Rodney St, Worcester, MA 01605

    $650,000

    • 9 Beds
    • 3 Baths
    • 3,111 Sq Ft
    • 27 Rodney St
    • Worcester, MA

    Renovated hilltop 3-unit with stunning skyline views in Worcester’s thriving Bell Hill neighborhood! Just steps from UMass Memorial Medical Center! This turnkey property features three spacious 3-bedroom apartments, each with large eat-in kitchens, galley prep areas, large living rooms, newer floors, high ceilings, and abundant natural light. Updated kitchens with newer appliances, and in-unit

    Benjamin Hicks Bridgemont Realty LLC

    Section Image
  • 12 Olga Ave, Worcester, MA 01605

    $749,999

    • 9 Beds
    • 3 Baths
    • 4,005 Sq Ft
    • 12 Olga Ave
    • Worcester, MA

    Situated in Worcester's desirable 01605 neighborhood, 12 Olga Avenue is a spacious multi-family property offering significant investment potential. This three-story residence features nine bedrooms and three bathrooms across approximately 4,000 square feet of living space. Constructed in 1911, the building sits on a 0.28-acre lot, providing ample outdoor space. The property boasts a one-car

    Marvens Francois Town Hall Realty, Inc.

    Section Image
  • 40 Orne St, Worcester, MA 01605

    $659,900

    • 7 Beds
    • 3 Baths
    • 3,280 Sq Ft
    • 40 Orne St
    • Worcester, MA

    This meticulously maintained three-family home boasts recent updates throughout all units. The property also features a brand-new driveway for added convenience. Ideal for both owner-occupants and investors, this property offers an excellent opportunity in a prime location with easy access to major commuting routes. Just minutes from I-90 and I-290, only 2 miles to Union Station, and less than 1

    Ariel Jaquez Capital Real Estate Group LLC

    Section Image
  • 14 Mendon St, Worcester, MA 01604

    $700,000

    • 9 Beds
    • 3 Baths
    • 3,639 Sq Ft
    • 14 Mendon St
    • Worcester, MA

    Don't miss out on this versatile multi family property. This well kept 3 family property features three spacious units in a desirable area in Worcester. A solid income producing asset, perfect for investors or owner occupied. This property also has spacious off street parking to accommodate several vehicles. This property offers quick and easy access to major routes including I-290, Mass Pike

    Richard Fields A-1 Realty of MA LLC

    Section Image
  • 103 Hamilton St, Worcester, MA 01604

    $675,900

    • 9 Beds
    • 3 Baths
    • 3,275 Sq Ft
    • 103 Hamilton St
    • Worcester, MA

    This well-kept 3 family property features three spacious units, each offering 3 bedrooms and 1 full bathroom. A solid income-producing asset, perfect for investors or owner-occupants looking to live in one unit and rent the others. Nestled in a sought-after neighborhood, this property offers quick and easy access to major routes including Route 9, 146, I-290 and the Mass Pike. Just minutes from

    Catia Vicente Mega Realty Services

    Section Image

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
Owusu-Agyeman Michael B $415,000 None Available
Lopes Edgar A $279,000 --
Marigold Estate Llc $220,000 --
Shelei Llc $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owusu-Agyeman Michael B $407,483
Previous Owner Lopes Edgar A $209,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $415,000 -1.2% $120 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $419,999 +160.1% $122 / Sq Ft
07/24/2015 07/24/15 Sold $161,500 +0.9% $47 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $160,000 -- $46 / 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 $6,036 $457,600 $75,100 $382,500
2024 $5,578 $405,700 $75,100 $330,600
2023 $6,862 $478,500 $65,300 $413,200
2022 $5,970 $392,500 $52,200 $340,300
2021 $4,871 $299,200 $41,800 $257,400
2020 $4,497 $264,500 $41,500 $223,000
2019 $4,486 $249,200 $36,200 $213,000
2018 $3,614 $191,100 $36,200 $154,900
2017 $3,392 $176,500 $36,200 $140,300
2016 $3,230 $156,700 $26,400 $130,300
2015 $3,145 $156,700 $26,400 $130,300
2014 $3,062 $156,700 $26,400 $130,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72719158

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000012-000036