NOT LISTED FOR SALE

109 Millbury St Worcester, MA 01610

Green Island Neighborhood

Estimated Value: $754,275

12 Beds
7 Baths
5,817 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $685,000 $118 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,674/month

12 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Corner Lot

About This Home

As of October 2023

Enhance your investment portfolio with this exceptional opportunity in the highly sought-after Kelly Square locale. With six residential units and two prime storefronts, this property makes it a golden proposition for astute investors. Boasting efficient management, this rental property runs like a well-oiled machine and offers a diverse income stream. The high demand in the area ensures these units are easily rentable, allowing you to maximize your returns hassle-free. Plus, the added perk of providing hot water for all units enhances the appeal. Don't miss out on this prime investment prospect in an unbeatable location.

Last Agent to Sell the Property

Doreen Lewis

Redfin Corp. Listed on: 08/09/2023

Redfin Corp.

Last Buyer's Agent

Steven Pizzarella

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,292

Year Built

  • Built in 1880

Lot Details

  • 2,318 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 5,817 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Full Bathrooms

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:05 B:017 L:00006,1765840

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,292

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Dual Variable: Yes
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 14

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 5817
  • Spa YN: No
  • Stories Total: 14
  • MAIN LO: NB3534
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:05 B:017 L:00006,1765840
  • Zoning: BG-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2318
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10291.81

Multi Family

  • Number Of Units Total: 5
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 1993
Sold by
Larusso Anthony and Country Bank For Svgs
Bought by
Mooradian Arthur
Current Estimated Value
$754,275

Purchase Details

Closed on
Mar 2, 1990
Sold by
Champion Advertising
Bought by
Larusso Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
9.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mooradian Arthur $175,000 --
Larusso Anthony $215,000 --
Larusso Anthony $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larusso Anthony $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $685,000 -5.5% $118 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $725,000 0.0% $125 / Sq Ft
08/13/2023 08/13/23 Off Market $725,000 -- --
08/09/2023 08/09/23 For Sale $725,000 -5.8% $125 / Sq Ft
03/03/2021 03/03/21 Sold $770,000 -12.0% $130 / Sq Ft View Prior Sale
10/20/2020 10/20/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $875,000 +40.0% $148 / Sq Ft
07/05/2019 07/05/19 Sold $625,000 0.0% $105 / Sq Ft View Prior Sale
06/04/2019 06/04/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $625,000 -- $105 / 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 $9,226 $699,500 $95,800 $603,700
2024 -- $775,500 $95,800 $679,700
2023 $0 $717,700 $83,300 $634,400
2022 $0 $564,600 $66,600 $498,000
2021 $0 $535,300 $53,300 $482,000
2020 $6,822 $320,500 $49,400 $271,100
2019 $7,014 $309,900 $46,700 $263,200
2018 $0 $309,300 $46,700 $262,600
2017 $0 $309,300 $46,700 $262,600
2016 -- $292,100 $40,300 $251,800
2015 -- $287,400 $40,300 $247,100
2014 -- $287,400 $40,300 $247,100
Source: Public Records

Agents Affiliated with this Home

  • Steven Pizzarella

    Buyer's Agent in 2023

    Steven Pizzarella

    RE/MAX

    (774) 275-1229

    3 in this area

    92 Total Sales

    Steven Pizzarella
    Section Image
  • James Kalogeropoulos

    Seller's Agent in 2021

    James Kalogeropoulos

    RE/MAX

    (508) 635-8259

    4 in this area

    86 Total Sales

    James Kalogeropoulos
    Section Image
  • Brian Allen

    Buyer's Agent in 2021

    Brian Allen

    Property Investors & Advisors, LLC

    (508) 868-0927

    2 in this area

    89 Total Sales

    Brian Allen
    Section Image
  • Lilian Davis

    Buyer's Agent in 2019

    Lilian Davis

    Dell Realty Inc.

    (508) 361-3141

    52 Total Sales

    Lilian Davis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73146514

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000017-000006

Massachusetts Worcester County Worcester 01610 Green Island

109 Millbury St, Worcester, MA

Not Listed for Sale

MultiFamily

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