NOT LISTED FOR SALE

Estimated Value: $577,998 - $735,000

9 Beds
3 Baths
4,560 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $400,000 $88 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,416/month

5 Days on Market

About This Home

As of June 2020

*HIGHEST & BEST OFFERS DUE BY MONDAY 5PM!* Calling all investors! This mutli-family property in Worcester provides 3 units each with 3 bedrooms, living room/dining room, pantries, and laundry hookups in unit. Below market rents- room to improve to maximize profit. Individually metered and updated electric and separate hot water tanks for all units. Great location- close to UMASS Memorial, WPI, and only seconds away from 290 & Route 9.

Last Listed By

James Black

Real Broker MA, LLC Listed on: 04/02/2020

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,239

Year Built

  • Built in 1890

Lot Details

  • Year Round Access

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:16 B:010 L:00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,239

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 3600
  • Year Built Description: Actual
  • List Price Per Sq Ft: 82.21
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Varies Per Unit, Laminate
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: K95491
  • Main So: AN0475
  • Estimated Sq Ft: 4560.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 250
  • Sewer: 1750
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Medical Facility, Highway Access

Lot Info

  • Assessments: 207200.00
  • Acre: 0.13
  • Lot Size: 5473.00
  • Page: 39
  • Parcel Number: M:16 B:010 L:00011
  • Zoning: RG-5
  • Lot Description: Gentle Slope

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 2700
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3730.00
  • Assessor Parcel Number: 1778063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Apr 30, 2020
Sold by
Narain Vishnu
Bought by
Jabbar Rimon A
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Jakeline Silveira
eXp Realty
List Price
$374,900
Sold Price
$400,000
Premium/Discount to List
$25,100
6.7%
Total Days on Market
5
Current Estimated Value
$681,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,250
Avg. Annual Appreciation
11.31%
Original Mortgage
$380,000
Outstanding Balance
$340,394
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$340,856

Purchase Details

Closed on
Jan 7, 2005
Sold by
Sepulveda Bendicto V and Sepulveda Jacqueline P
Bought by
Narain Vishnu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Rodriquez Luciano and Rodriquez Migda
Bought by
Sepulveda Jacqueline P and Sepulveda Benedicto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,865
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Mullen Richard G and Mullen Patricia A
Bought by
Rodriguez Luciano and Rodriguez Migda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,650
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

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
Jabbar Rimon A $400,000 None Available
Narain Vishnu $291,000 --
Sepulveda Jacqueline P $170,500 --
Rodriguez Luciano $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jabbar Rimon A $380,000
Previous Owner Narain Vishnu $250,000
Previous Owner Narain Vishnu $232,800
Previous Owner Mullen Richard G $167,865
Previous Owner Mullen Richard G $112,000
Previous Owner Mullen Richard G $58,650
Previous Owner Mullen Richard G $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $400,000 +6.7% $88 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $374,900 -- $82 / 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 $7,239 $548,800 $85,200 $463,600
2024 $6,681 $485,900 $85,200 $400,700
2023 $6,394 $445,900 $74,100 $371,800
2022 $5,561 $365,600 $59,300 $306,300
2021 $4,041 $248,200 $47,400 $200,800
2020 $3,757 $221,000 $47,100 $173,900
2019 $3,730 $207,200 $41,100 $166,100
2018 $3,655 $193,300 $41,100 $152,200
2017 $3,438 $178,900 $41,100 $137,800
2016 $3,256 $158,000 $30,000 $128,000
2015 $3,171 $158,000 $30,000 $128,000
2014 $3,087 $158,000 $30,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72640255

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000010-000011