NOT LISTED FOR SALE

Estimated Value: $639,000 - $719,000

6 Beds
3 Baths
3,305 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $345,500 $105 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,568/month

14 Days on Market

About This Home

As of January 2018

MULTIPLE OFFER SITUATION- HIGHEST AND BEST DUE BY SUNDAY, DECEMBER 3 5pm - FIRST SHOWINGS AT OPEN HOUSE SATURDAY DECEMBER 2 11-1PM Welcome to 118 Paine Street! This meticulously maintained Victorian 3 Family boasts the characteristics from the early 1900’s yet the updates of modern living. Beautiful architecture details, original hardwood floors and built-in cabinets. Solid rental history with over $39K a year in rental income. Great commuter location with quick access to I-290, I-190, Rt. 12 and Rt. 9. Close to Hanover Insurance, UMASS as well as many Worcester Colleges. Separate tenant utilities, off street parking for up to 6 cars included a 2 car garage + storage bay and loft. A beautiful ¼ acre fenced in lawn, washer/dryers for tenants and separate storage units. ***Building fully occupied***DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Kimberly Rickman

OWN IT Listed on: 11/26/2017

Last Buyer's Agent

Sandy Annunziata

S & R Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,686

Year Built

1889

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Insc: 2400
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1889

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Hardwood
  • Basement: Full, Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: BB8079
  • Main So: K95635
  • Estimated Sq Ft: 3305.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Assigned
  • Parking Spaces: 5

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 200

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:09 B:016 L:00009
  • Zoning: RL-7
  • Acre: 0.28
  • Lot Size: 12000.00

Multi Family

  • APOD Available: Yes
  • Interior Features Common: Storage, Balcony/Deck
  • Common Room: Laundry
  • Total Bedrooms: 6
  • Total Fireplaces: 2
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 3300
  • Multi Family Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jan 11, 2018
Sold by
Rickman Jason C and Rickman Kimberly A
Bought by
Dave Vikram and Reddy-Ojili Srikanth
Seller's Agent
Kimberly Rickman
OWN IT
Buyer's Agent
Sandy Annunziata
S & R Properties
List Price
$339,000
Sold Price
$345,500
Premium/Discount to List
$6,500
1.92%
Current Estimated Value
$695,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,498
Avg. Annual Appreciation
8.43%
Original Mortgage
$259,125
Outstanding Balance
$220,983
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$416,212

Purchase Details

Closed on
Jan 23, 2017
Sold by
Millennium Homes Llc
Bought by
Rickman Jason C and Rickman Kimberly A

Purchase Details

Closed on
Oct 14, 2016
Sold by
Rickman Jason C and Rickman Kimberly A
Bought by
Millennium Homes Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Shadbegian Dale J and Flynn Erin M
Bought by
Rickman Jason C and Rickman Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,689
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Kronoff Marie G and Courtney Carolyn
Bought by
Shadbegian Dale J and Flynn Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

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
Dave Vikram $345,500 --
Rickman Jason C -- --
Millennium Homes Llc -- --
Rickman Jason C $279,000 --
Shadbegian Dale J $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dave Vikram $259,125
Previous Owner Shadbegian Dale J $278,083
Previous Owner Rickman Jason C $274,689
Previous Owner Shadbegian Dale J $40,000
Previous Owner Shadbegian Dale J $148,000
Previous Owner Shadbegian Dale J $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $345,500 +1.9% $105 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $339,000 -- $103 / 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 $8,686 $658,500 $98,600 $559,900
2024 $8,471 $616,100 $98,600 $517,500
2023 $7,870 $548,800 $85,800 $463,000
2022 $7,120 $468,100 $68,600 $399,500
2021 $5,924 $363,900 $54,900 $309,000
2020 $5,573 $327,800 $54,500 $273,300
2019 $5,978 $332,100 $47,700 $284,400
2018 $5,089 $269,100 $47,700 $221,400
2017 $4,843 $252,000 $47,700 $204,300
2016 $4,487 $217,700 $34,200 $183,500
2015 $4,369 $217,700 $34,200 $183,500
2014 $4,254 $217,700 $34,200 $183,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72258486

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000016-000009