NOT LISTED FOR SALE

Estimated Value: $705,421 - $832,000

9 Beds
3 Baths
4,875 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $540,000 $111 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,893/month

6 Days on Market

About This Home

As of December 2021

GORGEOUS, Sturdy Multi Family on the Cherry Valley / Worcester line sits atop a large corner lot. Lots of recent updates within the last 5 years. House was taken down to the studs with new sheetrock, electrical, trim, granite counter tops and upgraded cabinets added to each unit. Excellent opportunity for investor, or owner occupant in this commuter friendly location close to all major highways. First floor will be delivered vacant, no leases all tenant at will. Driveway with off street parking expanded for ease of access to both Merchant and Main st. Each unit has it's own character, tall ceilings, 2nd floor open concept design. Large dry basement with concrete floor, outdoor shed and much much more! roof approx 4 years old. Sleep easy at night knowing all of the major items in this multi have been taken care of by the previous owner.

Last Agent to Sell the Property

David Geraway

Properties Central Realty Listed on: 10/13/2021

Last Buyer's Agent

Victor Thomas

Zander Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,361

Year Built

  • 1913

Lot Details

  • 0.32

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,361

Year Built

1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: On rt 9, Cherry valley/Worcester line
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1913

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Gas Water Heater,Electric Water Heater
  • Has Basement: Full
  • Total Bathrooms: 3
  • MAIN LO: AC1908
  • LIST PRICE PER Sq Ft: 122.87
  • PRICE PER Sq Ft: 110.77
  • MAIN SO: AN2383
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets), Unit 2(Stone/Granite/Solid Counters,Upgraded Cabinets), Unit 3(Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 6

Exterior Features

  • Foundation Details: Stone
  • View: City View(s)
  • Construction Type: Frame
  • Disclosures: Contingent Upon Sellers Closing On New Home. Owner/Family Occupied, Rents Under Market. All Tenant At Will. First Floor Will Be Delivered Vacant. Buyers To Use Due Diligence.
  • Exclusions: Personal Property.
  • Lot Features: Corner Lot, Gentle Sloping, Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Unit 2 Laundry Room, Unit 3 Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • LOT SIZE: 14124
  • PAGE: 239
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13939.2
  • Zoning: RL-7

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 14400
  • Property Net Operating Income: 14400
  • Number Of Units Total: 3
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 7103
  • Tax Book Number: 22492
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 30, 2021
Sold by
Duff Tracy A and Chase-Toussaint Tammy R
Bought by
Soto Javier
Seller's Agent
David Geraway
Properties Central Realty
Buyer's Agent
Victor Thomas
Zander Realty Group
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
$760,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,105
Avg. Annual Appreciation
9.68%
Original Mortgage
$530,219
Outstanding Balance
$489,661
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$273,895

Purchase Details

Closed on
Jun 6, 1991
Sold by
Sherman Maureen A and Mccarthy Margaret E
Bought by
Toussaint Tammy and Chase Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
9.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Soto Javier $540,000 None Available
Toussaint Tammy $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Javier $530,219
Previous Owner Toussaint Tammy $15,000
Previous Owner Toussaint Tammy $127,500
Previous Owner Toussaint Tammy $117,200
Previous Owner Toussaint Tammy $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $540,000 -9.8% $111 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $599,000 -- $123 / 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 $10,361 $785,500 $98,800 $686,700
2024 $9,512 $691,800 $98,800 $593,000
2023 $9,120 $636,000 $85,900 $550,100
2022 $7,926 $521,100 $68,700 $452,400
2021 $7,103 $436,300 $55,000 $381,300
2020 $5,579 $328,200 $54,500 $273,700
2019 $5,564 $309,100 $47,800 $261,300
2018 $3,266 $172,700 $47,800 $124,900
2017 $4,325 $225,000 $47,800 $177,200
2016 $4,108 $199,300 $34,600 $164,700
2015 $4,000 $199,300 $34,600 $164,700
2014 $3,916 $200,400 $34,600 $165,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72908073

MLS Property Information Network (MLS PIN)

APN: WORC-000015-000011-000006