NOT LISTED FOR SALE

Estimated Value: $865,607

12 Beds
4 Baths
7,293 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $600,000 $82 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,321/month

8 Days on Market

About This Home

As of October 2020

6-unit mixed use property now available in the canal district of Worcester, right down the street from the new ballpark! This property has 4 residential units which are all 3 bedroom units, and 1 of the units has been recently renovated. There are two commercial units on the first floor, one which is currently rented by a long-term bar tenant. Seller is currently in discussions with National Grid over electrical improvements which need to be performed to the property. Group showings will be held on Friday 7/31 from 3PM to 5 PM and Saturday 8/1 from 12 PM to 2 PM. Gross income is projected based on the vacant commercial unit being rented at a market rate.

Last Agent to Sell the Property

Jim Glickman

NAI Glickman Kovago & Jacobs Listed on: 07/28/2020

Last Buyer's Agent

Jim Glickman

NAI Glickman Kovago & Jacobs Listed on: 07/28/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,841

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 85.01
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Flrs: 4
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Fbh: 2
  • Total Hbh: 2
  • No Rooms: 10
  • Basement: Y
  • Main Lo: AN2432
  • Main So: AN2432
  • Estimated Sq Ft: 7293.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Hea Common: Forced Air

Lot Info

  • Assessments: 399200.00
  • Acre: 0.18
  • Lot Size: 7724.00
  • Page: 98
  • Zoning: BG-3

Multi Family

  • Total Levels: 2
  • Total Rent: 3600
  • Total Rms: 20
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 6786.40
  • Assessor Parcel Number: 1765949
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 29, 2020
Sold by
Rector James and Rector Elizabeth
Bought by
A & H Rt Llc
Seller's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
Buyer's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Current Estimated Value
$865,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,607
Avg. Annual Appreciation
7.05%
Original Mortgage
$420,000
Outstanding Balance
$372,887
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$492,720

Purchase Details

Listed on
Apr 4, 2018
Closed on
Feb 21, 2019
Sold by
Hynes Realty Inc
Bought by
Rector James and Rector Elizabeth
Seller's Agent
Jeffrey Brooks
Coldwell Banker Realty - Worcester
Buyer's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A & H Rt Llc $600,000 None Available
Rector James $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & H Rt Llc $420,000
Previous Owner Rector James $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $600,000 -3.2% $82 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $620,000 +24.0% $85 / Sq Ft
02/25/2019 02/25/19 Sold $500,000 0.0% $69 / Sq Ft View Prior Sale
08/31/2018 08/31/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $499,900 -2.9% $69 / Sq Ft
04/04/2018 04/04/18 For Sale $515,000 -- $71 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 -- $818,900 $181,400 $637,500
2024 -- $720,500 $181,400 $539,100
2023 $0 $797,300 $157,800 $639,500
2022 $0 $636,100 $126,200 $509,900
2021 $0 $423,300 $101,000 $322,300
2020 $10,324 $399,200 $93,500 $305,700
2019 $10,510 $385,900 $88,500 $297,400
2018 $0 $380,000 $88,500 $291,500
2017 $0 $380,000 $88,500 $291,500
2016 -- $361,000 $71,600 $289,400
2015 -- $361,000 $71,600 $289,400
2014 $7,825 $361,000 $71,600 $289,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72699539

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000021-000026

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