NOT LISTED FOR SALE

1422 Worcester St Unit 1424 Indian Orchard, MA 01151

Estimated Value: $331,891 - $426,000

5 Beds
2 Baths
1,872 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $245,000 $131 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,370/month

6 Days on Market

About This Home

As of January 2021

Money Maker!!!! Recently renovated and completely rented two family home. The whole house was renovated in 2009-2010 with new vinyl siding, new roof, new kitchens, new bathrooms, updated gas heating systems, new plumbing and updated electric. First floor has a 2 bedroom/1 bath apartment that is currently rented for $1000/month. The second/third floor apartment has three bedrooms and one bath and is rented for $1600/month. The second floor apartment can be converted into a four bedroom apartment to optimize rental income. The building also comes with a three car garage the can be rented for extra income.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group, Inc. Listed on: 11/05/2020

Last Buyer's Agent

Marquis Nunley

Executive Real Estate, Inc.

Executive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1913

Lot Details

  • 0.26

Parking

  • 3 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Additional Features

  • Enclosed Patio or Porch
  • Year Round Access
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:12525 P:0401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,704

Year Built

Built in 1913

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 1220
  • Year Built Description: Actual
  • List Price Per Sq Ft: 127.67
  • Comp Based On: Net Sale Price
  • Year Built: 1913
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1913

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Partially Finished
  • Main Lo: BB5864
  • Main So: M95273
  • Estimated Sq Ft: 1872.00

Exterior Features

  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 7
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Public School

Lot Info

  • Assessments: 162100.00
  • Acre: 0.26
  • Lot Size: 11369.00
  • Page: 388
  • Parcel Number: S:12525 P:0401
  • Zoning: R2
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 2250
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3166.00
  • Assessor Parcel Number: 2613811
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 29, 2020
Sold by
Martins Joaquim C and Martins Maria A
Bought by
Wilson Kameron
Seller's Agent
Derek Eisenberg
Continental Real Estate Group, Inc.
Buyer's Agent
Marquis Nunley
Executive Real Estate, Inc.
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Current Estimated Value
$374,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,473
Avg. Annual Appreciation
9.63%
Original Mortgage
$240,562
Outstanding Balance
$216,660
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$159,999

Purchase Details

Closed on
May 24, 2019
Sold by
Martins Joaquim C and Boacas Antonio
Bought by
Martins Joaquim C and Martins Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Anderson Lamont
Bought by
Martins Joaquim and Boacas Antonio

Purchase Details

Closed on
Jul 15, 2004
Sold by
Cobb Charles
Bought by
Anderson Lamont

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Narvaez Esther M
Bought by
Cobb Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Vlasyuk Lyubov
Bought by
Narvaez Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1998
Sold by
Est Therrien Lucille E and Sauer Dorothy
Bought by
Vlasyuk Lyubov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,416
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilson Kameron $245,000 None Available
Martins Joaquim C -- --
Martins Joaquim $85,000 --
Anderson Lamont $135,000 --
Cobb Charles $111,000 --
Narvaez Esther M $85,000 --
Vlasyuk Lyubov $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kameron $240,562
Previous Owner Martins Joaquim C $156,000
Previous Owner Anderson Lamont $175,500
Previous Owner Anderson Lamont $148,393
Previous Owner Anderson Lamont $108,000
Previous Owner Anderson Lamont $27,000
Previous Owner Cobb Charles $116,000
Previous Owner Vlasyuk Lyubov $99,900
Previous Owner Vlasyuk Lyubov $82,400
Previous Owner Vlasyuk Lyubov $44,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $245,000 +2.5% $131 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $239,000 -- $128 / 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 $4,704 $300,000 $46,500 $253,500
2024 $4,314 $268,600 $43,500 $225,100
2023 $4,346 $254,900 $35,600 $219,300
2022 $4,191 $222,700 $33,300 $189,400
2021 $3,379 $178,800 $30,300 $148,500
2020 $3,166 $162,100 $30,300 $131,800
2019 $3,046 $154,800 $31,300 $123,500
2018 $2,762 $143,300 $31,300 $112,000
2017 $2,762 $140,500 $26,600 $113,900
2016 $2,412 $122,700 $26,600 $96,100
2015 $2,333 $118,600 $26,600 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72753697

MLS Property Information Network (MLS PIN)

APN: SPRI-012525-000000-000401