NOT LISTED FOR SALE

Estimated Value: $558,384 - $679,000

6 Beds
3 Baths
3,305 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 11, 2018

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

Est. 81% increase in value since last sale

Current estimated payment $4,224/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, A 100% Commission Brokerage Listed on: 11/26/2017

Last Buyer's Agent

Sandy Annunziata

S & R Properties

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, A 100% Commission Brokerage
Buyer's Agent
Sandy Annunziata
S & R Properties
List Price
$339,000
Sold Price
$345,500
Premium/Discount to List
$6,500
1.92%
Total Days on Market
14
Current Estimated Value
$626,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,096
Avg. Annual Appreciation
8.33%
Original Mortgage
$259,125
Outstanding Balance
$220,983
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$405,613

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

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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 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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72258486

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000016-000009