NOT LISTED FOR SALE

Estimated Value: $520,025 - $732,000

9 Beds
3 Baths
4,023 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $490,000 $122 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,978/month

14 Days on Market

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Shops
  • Corner Lot

About This Home

As of August 2023

Great Opportunity for OWNER OCCUPIED OR INVESTORS located in the city of Worcester within proximity to major routes, shopping, restaurants, and more. All three floors share the same layout, consisting of a living room, formal dining room, kitchen, 3 bedrooms, full bath, off street parking that fit 10 vehicles. Here is your chance to build some sweet equity. 2nd and 3rd floor rented and tenants paying below market.

Last Agent to Sell the Property

Wendy Solano

Lamacchia Realty, Inc. Listed on: 04/25/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

Miralva Pagan

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,955

Year Built

  • Built in 1900

Lot Details

  • 6,707 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation

Interior Spaces

  • 4,023 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Community Details

  • 3 Units
  • Shops
  • Net Operating Income $30,000

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number M:04 B:032 L:00046,1765354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,955

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 4023
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 142.93
  • PRICE PER Sq Ft: 121.8
  • MAIN SO: AN6420

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Patio - Enclosed
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:04 B:032 L:00046,1765354
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6707
  • Lot Size Units: Acres
  • PAGE: 158
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6955
  • Tax Book Number: 38314
  • Tax Map Number: 04

Multi Family

  • Gross Income: 30000
  • Net Operating Income: 30000
  • Number Of Units Total: 3
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2006
Sold by
Flynn Joseph P
Bought by
Salinas Santos M
Total Days on Market
14
Current Estimated Value
$595,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Vale Jackson Rt and Jackson Brian L
Bought by
Flynn Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Worcester Prop T and Jackson
Bought by
Jackson Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
6.16%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Worcester City Of
Bought by
Grigaitis Charles J
Source: Public Records

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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
Salinas Santos M $289,000 --
Flynn Joseph P $175,000 --
Jackson Cynthia A $150,000 --
Grigaitis Charles J $2,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Edge Invs Llc $448,000
Closed Salinas Santos M $231,200
Previous Owner Flynn Joseph P $157,000
Previous Owner Grigaitis Charles J $147,700
Previous Owner Grigaitis Charles J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $490,000 -14.8% $122 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $575,000 -8.0% $143 / Sq Ft
04/25/2023 04/25/23 For Sale $625,000 -- $155 / 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 $7,812 $592,300 $95,200 $497,100
2024 $7,270 $528,700 $95,200 $433,500
2023 $6,955 $485,000 $82,800 $402,200
2022 $6,040 $397,100 $66,200 $330,900
2021 $5,392 $331,200 $53,000 $278,200
2020 $4,435 $260,900 $52,600 $208,300
2019 $4,406 $244,800 $45,900 $198,900
2018 $4,311 $228,000 $45,900 $182,100
2017 $4,050 $210,700 $45,900 $164,800
2016 $3,827 $185,700 $32,800 $152,900
2015 $3,727 $185,700 $32,800 $152,900
2014 $3,629 $185,700 $32,800 $152,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73102832

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000032-000046