Seller's Agent in 2024
Preben Christensen
RE/MAX
(508) 868-5483
1 in this area
76 Total Sales
15 Alvarado Ave Worcester, MA 01604
Lake Park Neighborhood
3
Beds
1.5
Baths
1,540
Sq Ft
0.35
Acres
Highlights
- Medical Services
- Deck
- Wood Flooring
- Colonial Architecture
- Vaulted Ceiling
- Solid Surface Countertops
About This Home
As of December 2024Doctors at UMASS, Investor & Builders NOTICE! Extra Lot & Mulfi Family use allowed. So many updates and improvements have been completed. Yet if you want to have a HUGE income producing property look closely at this one! Zoning allows for 2 family conversion of the present home, Special permit could allow for Many more units. Use your experience to get he highest income from this property! The home is ready to make anyone happy with a great Kitchen, Baths, Hardwoods, Central Air, Heat, Windows, Sun Deck, Front Porch PLUS a large barn Carriage House or Office & 2 car garage all heated. Updated Electrical and Utilities with Insulation & so much more. The Property has 2 deeded lots over 7600 sq Feet each. See the attached Pictures and plot plan. Agents and Builders do look at the RL-7 Zoning and the prime location near UMASS MED Center. What a perfect location if you work at the UMASS MED or you want to maximize a rental income opportunity. Owner Contractor has made this one Perfect!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,435
Year Built
- Built in 1898
Lot Details
- 0.35 Acre Lot
- Level Lot
- Property is zoned RL-7
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Driveway
- Open Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,540 Sq Ft Home
- Wainscoting
- Vaulted Ceiling
- Recessed Lighting
- Insulated Windows
- Bay Window
- French Doors
- Entrance Foyer
- Family Room with Fireplace
Kitchen
- Range with Range Hood
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Bathtub Includes Tile Surround
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- Heating System Uses Oil
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 12+14 / 012
- Assessor Parcel Number M:17 B:012 L:12+14,1779112
Community Details
Overview
- No Home Owners Association
- Umass Medical Subdivision
Amenities
- Medical Services
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 1999
Sold by
Koury Ft and Koury William A
Bought by
Cassavant Eugene K and Whitten Donna L
Current Estimated Value
Purchase Details
Closed on
Sep 14, 1992
Sold by
Musallam Saleem S
Bought by
Koury Susan E and George Carolyn
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $615,000 | None Available | |
| Deed | $121,000 | -- | |
| Deed | $100,000 | -- | |
| Deed | $121,000 | -- | |
| Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $461,250 | Purchase Money Mortgage | |
| Previous Owner | $48,000 | No Value Available | |
| Previous Owner | $140,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $615,000 | -4.7% | $399 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | Price Changed | $645,000 | -6.5% | $419 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $690,000 | -6.1% | $448 / Sq Ft |
| 10/24/2024 10/24/24 | For Sale | $735,000 | 0.0% | $477 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 08/10/2024 08/10/24 | For Sale | $735,000 | -- | $477 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,622 | $426,200 | $119,100 | $307,100 |
| 2024 | $5,435 | $395,300 | $119,100 | $276,200 |
| 2023 | $5,264 | $367,100 | $103,500 | $263,600 |
| 2022 | $4,927 | $323,900 | $82,800 | $241,100 |
| 2021 | $4,881 | $299,800 | $66,300 | $233,500 |
| 2020 | $4,709 | $277,000 | $66,200 | $210,800 |
| 2019 | $4,599 | $255,500 | $59,800 | $195,700 |
| 2018 | $4,627 | $244,700 | $59,800 | $184,900 |
| 2017 | $4,478 | $233,000 | $59,800 | $173,200 |
| 2016 | $4,089 | $198,400 | $44,700 | $153,700 |
| 2015 | $3,982 | $198,400 | $44,700 | $153,700 |
| 2014 | $3,877 | $198,400 | $44,700 | $153,700 |
Source: Public Records
Agents Affiliated with this Home
-
Preben Christensen
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73276195
APN: WORC-000017-000012-000012-000014
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