Seller's Agent in 2024
Mike DelRose
Coldwell Banker Realty - Belmont
(617) 923-8355
1 in this area
208 Total Sales
13 Gilman St Worcester, MA 01605
Brittan Square NeighborhoodEstimated Value: $695,000 - $741,000
9
Beds
4
Baths
3,284
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit and schools
- Jogging Path
- Living Room
About This Home
As of December 2024This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,704
Year Built
- Built in 1923
Lot Details
- 6,000 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Triplex
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,284 Sq Ft Home
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Home Security System
- Washer and Dryer Hookup
Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Utilities
- 3 Heating Zones
- Separate Meters
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $5,840
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water)
- Legal Lot and Block 00008 / 012
- Assessor Parcel Number 1770945
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Operating Expense $27,500
- Net Operating Income $42,580
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Buyer's Agent
Mg Group
Century 21 North East
List Price
$684,000
Sold Price
$700,000
Premium/Discount to List
$16,000
2.34%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,053
Avg. Annual Appreciation
2.05%
Original Mortgage
$490,000
Outstanding Balance
$482,673
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,380
Purchase Details
Listed on
Oct 16, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
Seller's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Buyer's Agent
Mg Group
Century 21 North East
List Price
$684,000
Sold Price
$700,000
Premium/Discount to List
$16,000
2.34%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$482,673
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,380
Purchase Details
Closed on
May 14, 2020
Sold by
Bought by
Purchase Details
Closed on
Dec 6, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 26, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,100
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2017
Sold by
Bought by
Purchase Details
Listed on
Jan 26, 2016
Closed on
Oct 7, 2016
Sold by
Bought by
Seller's Agent
Optima Real Estate Advisors
Coldwell Banker Realty - Worcester
Buyer's Agent
Merwyn Figueiredo
List Price
$279,899
Sold Price
$287,899
Premium/Discount to List
$8,000
2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Purchase Details
Closed on
Aug 14, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 19, 2005
Sold by
Bought by
Purchase Details
Closed on
May 15, 2003
Sold by
Bought by
Purchase Details
Closed on
Apr 19, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | None Available | ||
| $700,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $287,899 | -- | ||
| $301,500 | -- | ||
| $301,500 | -- | ||
| $301,500 | -- | ||
| $370,000 | -- | ||
| $370,000 | -- | ||
| $370,000 | -- | ||
| $250,000 | -- | ||
| $250,000 | -- | ||
| $98,000 | -- | ||
| $98,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $490,000 | ||
| Previous Owner | $37,500 | ||
| Previous Owner | $240,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $700,000 | +2.3% | $213 / Sq Ft | |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- | |
| 10/16/2024 10/16/24 | For Sale | $684,000 | +137.6% | $208 / Sq Ft | |
| 10/07/2016 10/07/16 | Sold | $287,899 | -0.6% | $96 / Sq Ft | View Prior Sale |
| 08/15/2016 08/15/16 | Pending | -- | -- | -- | |
| 05/24/2016 05/24/16 | Price Changed | $289,499 | +3.6% | $96 / Sq Ft | |
| 05/11/2016 05/11/16 | Price Changed | $279,499 | -0.1% | $93 / Sq Ft | |
| 01/26/2016 01/26/16 | For Sale | $279,899 | -- | $93 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,935 | $677,400 | $89,600 | $587,800 |
| 2024 | $8,704 | $633,000 | $89,600 | $543,400 |
| 2023 | $8,091 | $564,200 | $77,900 | $486,300 |
| 2022 | $7,331 | $482,000 | $62,300 | $419,700 |
| 2021 | $6,144 | $377,400 | $49,900 | $327,500 |
| 2020 | $4,719 | $277,600 | $49,500 | $228,100 |
| 2019 | $4,883 | $271,300 | $43,200 | $228,100 |
| 2018 | $4,966 | $262,600 | $43,200 | $219,400 |
| 2017 | $4,724 | $245,800 | $43,200 | $202,600 |
| 2016 | $4,042 | $196,100 | $31,800 | $164,300 |
| 2015 | $3,936 | $196,100 | $31,800 | $164,300 |
| 2014 | $3,832 | $196,100 | $31,800 | $164,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mike DelRose
-
Jenna DiSalvio
Seller Co-Listing Agent in 2024
Jenna DiSalvio
Coldwell Banker Realty - Belmont
(617) 272-6126
1 in this area
7 Total Sales
-
Mg Group
M
Buyer's Agent in 2024
Mg Group
Century 21 North East
(617) 389-1129
1 in this area
213 Total Sales
-
O
Seller's Agent in 2016
Optima Real Estate Advisors
Coldwell Banker Realty - Worcester
-
Merwyn Figueiredo
M
Buyer's Agent in 2016
Merwyn Figueiredo
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73303190
APN: WORC-000009-000012-000008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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