$305,000
SOLD JUL 24, 2018
8 Beds
3 Baths
3,232 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

2% Above List Price

13 Days on Market

About This Home

As of April 2022

Great Location ! If you're looking for an investment property with Great revenue potential. Current below market rents. This fully occupied 3 family property on Lovell St, is in great condition , Convenient location, just a 6 minute walk to Clark University., Units have walk in pantries. All heating is by gas and there are new gas hot water heaters. .All units have separate heating and electrical systems. Renovated 2 years ago . First and Only Group Showing begin This Saturday 5/12/18 .

Last Agent to Sell the Property

Tom Chan

Central Real Estate Listed on: 05/04/2018

Last Buyer's Agent

Al DeSouza

First Option Properties Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,870

Year Built

  • Built in 1895

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,870

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 92.82
  • Comp Based On: Net Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Main Lo: A95255
  • Main So: BB4792
  • Estimated Sq Ft: 3232.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, University

Lot Info

  • Assessments: 218600.00
  • Acre: 0.13
  • Lot Size: 5770.00
  • Page: 185
  • Zoning: BL-1
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 6
  • Total Rent: 2900
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 4133.73
  • Assessor Parcel Number: 1776019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 31, 2022
Sold by
Jimenez Juan C
Bought by
Vargas-Mesa Jesus A and Barcacel Anibel
Seller's Agent
Steven Bracero
Vanderbilt Properties, LLC
Buyer's Agent
Jeffrey Brooks
Coldwell Banker Realty - Worcester
List Price
$499,900
Sold Price
$519,150
Premium/Discount to List
$19,250
3.85%
Current Estimated Value
$670,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,096
Avg. Annual Appreciation
6.86%
Original Mortgage
$415,320
Outstanding Balance
$394,872
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,419

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 24, 2018
Sold by
Art Investments Llc
Bought by
Jimenez Juan C
Seller's Agent
Tom Chan
Central Real Estate
Buyer's Agent
Al DeSouza
First Option Properties Inc.
List Price
$299,998
Sold Price
$305,000
Premium/Discount to List
$5,002
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$279,303
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2017
Sold by
Chan Richard and Chan Albert
Bought by
Art Investments Llc

Purchase Details

Closed on
Oct 13, 2016
Sold by
Mui Jean S
Bought by
Chan Richard and Tan Regina

Purchase Details

Closed on
Nov 3, 2008
Sold by
Countrywide Gp Llc
Bought by
Mui Jean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Williams-Reid Beverly and Bank Of New York
Bought by
Bank Of New York

Purchase Details

Closed on
Jun 20, 2006
Sold by
Adjei Andrew
Bought by
Williams-Reid Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,310
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1999
Sold by
Lariviere Richard J
Bought by
Adjei Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,933
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $519,150 None Available
Not Resolvable $305,000 --
Deed -- --
Not Resolvable $140,000 --
Deed $140,000 --
Foreclosure Deed $252,000 --
Deed $295,900 --
Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,320 Purchase Money Mortgage
Previous Owner $279,303 FHA
Previous Owner $102,331 No Value Available
Previous Owner $105,000 Purchase Money Mortgage
Previous Owner $266,310 Purchase Money Mortgage
Previous Owner $207,000 No Value Available
Previous Owner $203,000 No Value Available
Previous Owner $96,933 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $519,150 +3.9% $161 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $499,900 +63.9% $155 / Sq Ft
07/24/2018 07/24/18 Sold $305,000 +1.7% $94 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $299,998 -- $93 / 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 $7,870 $596,700 $87,700 $509,000
2024 $7,659 $557,000 $87,700 $469,300
2023 $7,090 $494,400 $76,200 $418,200
2022 $5,962 $392,000 $61,000 $331,000
2021 $5,112 $314,000 $48,800 $265,200
2020 $4,779 $281,100 $48,400 $232,700
2019 $4,073 $226,300 $42,300 $184,000
2018 $4,134 $218,600 $42,300 $176,300
2017 $3,919 $203,900 $42,300 $161,600
2016 $3,811 $184,900 $31,000 $153,900
2015 $3,711 $184,900 $31,000 $153,900
2014 $3,613 $184,900 $31,000 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72321441

MLS Property Information Network (MLS PIN)

APN: WORC-000014-000016-000051