NOT LISTED FOR SALE

Estimated Value: $493,232

4 Beds
2 Baths
1,964 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $420,000 $214 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,735/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Granite Flooring
  • 2 Fireplaces
  • Intercom

About This Home

As of January 2022

Excellent, move-in ready opportunity ideal for investors and owner occupant buyers! This 2-unit home is situated in a highly sought-after Worcester location & awaits new owners! Both units offer 2BRs and 1BA, sun drenched living rooms, kitchen & a dining room. The 1st floor has been recently painted & the kitchen has been updated with new countertops and cabinet doors. Barn doors & old pine board floors throughout both units add to the charm & character. Additional features include a covered front porch, off-street parking, a patio and outside storage! Roof has been recently replaced. You will love this location with close proximity to Elm Park, Highland St, shopping, public transportation, restaurants such as the The Sole Proprietor, The Boynton, The Bean Counter & more!! This property is perfect for someone looking to run a business out of the first floor and live on the second floor as it is classified mixed use, primarily residential & commercial.

Last Listed By

Colleen Crowley

Lamacchia Realty, Inc. Listed on: 12/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,702

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,964 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Doors

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Carpet
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Home Security System
  • Intercom

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,550
  • Rent includes unit 1(heat hot water)
  • Legal Lot and Block 00075 / 038
  • Assessor Parcel Number M:02 B:038 L:00075,1763358

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,702

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1870
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet,Varies Per Unit,Hardwood,Pine, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Walk-In Closet,Bathroom With Tub & Shower,Programmable Thermostat,Slider), Unit 2(Ceiling Fans,Pantry,Storage,Walk-In Closet,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace Features: Unit 2(Fireplace - Electric,Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 1964
  • Other Equipment: Unit 2 Intercom
  • Stories Total: 3
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 190.94
  • PRICE PER Sq Ft: 213.85
  • MAIN SO: AC1094

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar, Granite
  • Patio And Porch Features: Porch, Patio
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Radiators,Gas,Common), Unit 2(Hot Water Baseboard,Hot Water Radiators,Gas,Common)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Unit 2 Security System
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Hot Water)

Lot Info

  • Parcel Number: M:02 B:038 L:00075,1763358
  • Zoning: BL-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4818
  • PAGE: 13

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2702.48
  • Tax Block: 038
  • Tax Book Number: 28903
  • Tax Lot: 00075
  • Tax Map Number: 02

Multi Family

  • Gross Income: 18000
  • Net Operating Income: 18000
  • Number Of Units Total: 2
  • Total Actual Rent: 1550
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 6, 2022
Sold by
Robert Therese
Bought by
Red Delights Llc
Seller's Agent
Colleen Crowley
Lamacchia Realty, Inc.
Buyer's Agent
Zhaoyu Zheng
Blue Sky Realty
List Price
$375,000
Sold Price
$420,000
Premium/Discount to List
$45,000
12%
Total Days on Market
3
Current Estimated Value
$493,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,232
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jan 31, 2003
Sold by
Ocasio Daniel L
Bought by
Robert Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2002
Sold by
Restrepo Nicandro H and Restrepo Jackson B
Bought by
Ocasio Daniel L

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%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2000
Sold by
Garay Jose L and Garay Maria C
Bought by
Restrepo Nicandro H and Osorio Blanca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,679
Interest Rate
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1993
Sold by
Polytechnic Worcester
Bought by
Mosher Maria and Garay Jose L

Purchase Details

Closed on
Jun 8, 1992
Sold by
King Alan
Bought by
Insti Worc Polytechnic

Range of Values:

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Average Value
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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
Red Delights Llc $420,000 None Available
Robert Therese $220,000 --
Ocasio Daniel L $145,000 --
Restrepo Nicandro H $135,000 --
Mosher Maria $82,000 --
Insti Worc Polytechnic $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert Therese $222,700
Previous Owner King Alan $197,900
Previous Owner King Alan $116,000
Previous Owner King Alan $132,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $420,000 +12.0% $214 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $375,000 -- $191 / 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 -- $376,800 $73,400 $303,400
2024 -- $376,800 $73,400 $303,400
2023 $0 $327,100 $63,800 $263,300
2022 $0 $254,200 $51,100 $203,100
2021 $0 $166,000 $40,900 $125,100
2020 $3,735 $169,700 $37,800 $131,900
2019 $3,618 $167,700 $35,800 $131,900
2018 $0 $163,600 $35,800 $127,800
2017 $0 $159,900 $35,800 $124,100
2016 -- $143,300 $29,600 $113,700
2015 -- $143,300 $29,600 $113,700
2014 $2,890 $143,300 $29,600 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72928122

MLS Property Information Network (MLS PIN)

APN: WORC-000002-000038-000075