NOT LISTED FOR SALE

Estimated Value: $563,287 - $704,000

8 Beds
3 Baths
2,862 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $412,900 $144 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,199/month

32 Days on Market

About This Home

As of November 2020

Come check out this well maintained and fully rented 3-Family! First floor to be delivered vacant. This house is great for an investor or owner-occupant. This property features hardwood flooring, tiled bathrooms, original woodwork and built-in cabinets throughout the property. Apartment #3 was recently renovated and both apartment #1 & #2 have the capacity to be converted into 4 bedroom units. There's a large basement that has been well maintained and a newly constructed shed in the backyard. Conveniently located with easy access to major roadways and all the best that Worcester has to offer!

Last Listed By

Chayan Velez

Property Investors & Advisors, LLC Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,574

Year Built

  • Built in 1890

Lot Details

  • 4,792

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:04 B:010 L:00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,574

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 146.72
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: AN0475
  • Main So: K01527
  • Estimated Sq Ft: 2862.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2

Utilities

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

Lot Info

  • Assessments: 265000.00
  • Acre: 0.11
  • Lot Size: 4789.00
  • Page: 196
  • Parcel Number: M:04 B:010 L:00039
  • Zoning: RG-5
  • Lot Description: Paved Drive, Fenced/Enclosed

Multi Family

  • Total Levels: 3
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4505.00
  • Assessor Parcel Number: 1764784
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 3, 2020
Sold by
Nguyen My L and Rivera Peter
Bought by
Fernald Nicholas
Seller's Agent
Chayan Velez
Property Investors & Advisors, LLC
Buyer's Agent
Lisa Westerman
RE/MAX Prof Associates
List Price
$419,900
Sold Price
$412,900
Premium/Discount to List
-$7,000
-1.67%
Total Days on Market
32
Current Estimated Value
$643,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,672
Avg. Annual Appreciation
10.25%
Original Mortgage
$391,780
Outstanding Balance
$354,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$285,213

Purchase Details

Listed on
Feb 7, 2017
Closed on
Jun 19, 2017
Sold by
Spahiu Axhem and Spahiu James
Bought by
Nguyen My L and Rivera Peter
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
VI Lai
Coldwell Banker Realty - Worcester
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$286,711
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2002
Sold by
Peters Margaret R Est
Bought by
Spahiu Axhem and Spahiu Edlira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

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
Fernald Nicholas $412,400 None Available
Nguyen My L $292,000 --
Spahiu Axhem $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernald Nicholas $391,780
Previous Owner Nguyen My L $286,711
Previous Owner Spahiu Edlira $100,000
Previous Owner Spahiu Axhem $25,000
Previous Owner Spahiu Axhem $159,000
Previous Owner Spahiu Axhem $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $412,900 -1.7% $144 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $419,900 +43.8% $147 / Sq Ft
06/19/2017 06/19/17 Sold $292,000 +0.7% $102 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $289,900 0.0% $101 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $289,900 -- $101 / 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 $7,574 $574,200 $78,800 $495,400
2024 $7,366 $535,700 $78,800 $456,900
2023 $6,824 $475,900 $68,500 $407,400
2022 $6,711 $441,200 $54,800 $386,400
2021 $5,488 $337,100 $43,900 $293,200
2020 $4,505 $265,000 $43,500 $221,500
2019 $4,671 $259,500 $38,000 $221,500
2018 $4,385 $231,900 $38,000 $193,900
2017 $3,442 $179,100 $38,000 $141,100
2016 $3,337 $161,900 $27,500 $134,400
2015 $3,249 $161,900 $27,500 $134,400
2014 $3,164 $161,900 $27,500 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72719840

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000010-000039