NOT LISTED FOR SALE

Estimated Value: $718,603 - $777,000

8 Beds
3 Baths
6,694 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $595,000 $89 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,625/month

1 Day on Market

About This Home

As of October 2022

This 3-family home is located in a residential neighborhood in Worcester's West Side. With being a little over 6690 square feet, each apartment is spacious for renting out. Built in 1913, this property has been well maintained which offering 16 rooms, 8 Bedrooms and 3 Bathrooms. Great investment opportunity!

Last Agent to Sell the Property

Christine Najem

eXp Realty Listed on: 08/10/2022

eXp Realty

Last Buyer's Agent

Christine Najem

eXp Realty Listed on: 08/10/2022

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,770

Year Built

  • Built in 1913

Lot Details

  • 696 Sq Ft Lot

Home Design

  • 6,694 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $5,100
  • Assessor Parcel Number 1784847

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,770

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1913
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 6694
  • Stories Total: 6
  • MAIN LO: AN0475
  • LIST PRICE PER Sq Ft: 83.64
  • PRICE PER Sq Ft: 88.89
  • MAIN SO: AN0475

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 1784847
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 696
  • Lot Size Units: Acres
  • PAGE: 135
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7770
  • Tax Book Number: 61230

Multi Family

  • Gross Income: 61200
  • Net Operating Income: 61200
  • Number Of Units Total: 3
  • Total Actual Rent: 5100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 4, 2022
Sold by
Ellis John N and Ellis Sonja
Bought by
Morin James A
Seller's Agent
Christine Najem
eXp Realty
Buyer's Agent
Christine Najem
eXp Realty
List Price
$559,900
Sold Price
$595,000
Premium/Discount to List
$35,100
6.27%
Current Estimated Value
$745,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,651
Avg. Annual Appreciation
6.49%
Original Mortgage
$584,223
Outstanding Balance
$560,858
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$155,791

Purchase Details

Closed on
Oct 30, 2018
Sold by
Ellis John N and Ellis Sonya
Bought by
John & Sonja Ft and Ellis
Source: Public Records

Range of Values:

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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
Morin James A -- None Available
John & Sonja Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soucy Shanel $584,223
Previous Owner Morin James A $423,683
Previous Owner Ellis John N $66,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $595,000 +6.3% $89 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $559,900 -- $84 / 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 $8,240 $624,700 $117,500 $507,200
2024 $8,045 $585,100 $117,500 $467,600
2023 $8,638 $602,400 $102,200 $500,200
2022 $7,771 $510,900 $81,800 $429,100
2021 $6,491 $398,700 $65,400 $333,300
2020 $5,467 $321,600 $65,400 $256,200
2019 $5,670 $315,000 $58,800 $256,200
2018 $5,754 $304,300 $58,800 $245,500
2017 $5,455 $283,800 $58,800 $225,000
2016 $5,299 $257,100 $42,700 $214,400
2015 $5,160 $257,100 $42,700 $214,400
2014 $5,374 $275,000 $42,700 $232,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73023926

MLS Property Information Network (MLS PIN)

APN: WORC-000024-000011-000001