NOT LISTED FOR SALE

Estimated Value: $341,637 - $606,000

5 Beds
3 Baths
2,228 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $215,000 $96 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,028/month

201 Days on Market

About This Home

As of February 2020

Great investment opportunity for investors. Probably will not go FHA financing, unless it is a renovation loan. OUTSTANDING multi-unit building, ideally located on the W.Boylston-Holden-Worcester line, nestled into a really cute neighborhood! Rents make sense & leverage this investment smartly. AGGRESSIVELY priced. Appointments required well in-advance for showings; group showings. Fully-occupied. Strong rents still BELOW market value! Older property, could use a little work. Garage/Shed/Barn area for storage. Little/No yard maintenance!

Last Listed By

Optima Real Estate Advisors

Coldwell Banker Realty - Worcester Listed on: 06/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1919

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:32 B:006 L:00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,952

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 111.26
  • Comp Based On: Net Sale Price
  • Year Built: 1919
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1919

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit
  • Total Flrs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Bulkhead, Dirt Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: K01272
  • Estimated Sq Ft: 2228.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Gutters, Varies per Unit
  • Foundation: Fieldstone, Brick, Granite, Irregular

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Unpaved Driveway
  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Individually Metered, Varies per Unit
  • Heat Zones: 3
  • Hot Water: Tank
  • Utility Connections: Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 149400.00
  • Acre: 0.11
  • Lot Size: 4930.00
  • Page: 163
  • Parcel Number: M:32 B:006 L:00014
  • Zoning: RS-7
  • Lot Description: Sloping

Multi Family

  • Total Levels: 4
  • Total Rms: 11
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 2825.00
  • Assessor Parcel Number: 1790445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Feb 6, 2020
Sold by
Canney David and Canney Teresa
Bought by
Viola Llc
Seller's Agent
Optima Real Estate Advisors
Coldwell Banker Realty - Worcester
Buyer's Agent
David Stead
RE/MAX Partners
List Price
$247,888
Sold Price
$215,000
Premium/Discount to List
-$32,888
-13.27%
Total Days on Market
201
Current Estimated Value
$486,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,909
Avg. Annual Appreciation
16.99%

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 11, 2016
Sold by
15 Doris Llc
Bought by
Canney David and Canney Teresa
Seller's Agent
Renee Bowlin
Picket Fence Properties
Buyer's Agent
Optima Real Estate Advisors
Coldwell Banker Realty - Worcester
List Price
$215,500
Sold Price
$145,000
Premium/Discount to List
-$70,500
-32.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$105,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bowlin Renee J
Bought by
15 Doris Llc

Purchase Details

Closed on
Jul 30, 2010
Sold by
Fnma
Bought by
Bowlin Renee J

Purchase Details

Closed on
Feb 10, 2010
Sold by
Galvin Thomas F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 1994
Sold by
Hall Jeffrey
Bought by
Galvin Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

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
Viola Llc $215,000 None Available
Canney David $140,000 --
15 Doris Llc -- --
Bowlin Renee J $79,900 --
Federal National Mortgage Association $244,083 --
Galvin Thomas F $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viola Llc $4,906,300
Closed Viola Llc $188,250
Previous Owner Canney David $105,000
Previous Owner Galvin Thomas F $110,000
Previous Owner Galvin Beverly A $225,000
Previous Owner Galvin Thomas F $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $215,000 -13.3% $96 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $247,888 0.0% $111 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $247,888 -0.8% $111 / Sq Ft
10/18/2019 10/18/19 Price Changed $250,000 -5.6% $112 / Sq Ft
09/30/2019 09/30/19 Price Changed $264,900 -1.9% $119 / Sq Ft
06/26/2019 06/26/19 For Sale $269,900 +86.1% $121 / Sq Ft
10/07/2016 10/07/16 Sold $145,000 -14.7% $65 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
02/26/2016 02/26/16 Price Changed $169,900 -5.6% $76 / Sq Ft
01/16/2016 01/16/16 Price Changed $179,900 -16.5% $81 / Sq Ft
08/22/2015 08/22/15 For Sale $215,500 -- $97 / 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 $3,952 $299,600 $96,900 $202,700
2024 $3,904 $283,900 $96,900 $187,000
2023 $3,598 $250,900 $84,200 $166,700
2022 $3,202 $210,500 $67,400 $143,100
2021 $3,611 $221,800 $54,000 $167,800
2020 $3,424 $201,400 $53,900 $147,500
2019 $3,528 $196,000 $48,500 $147,500
2018 $2,825 $149,400 $48,500 $100,900
2017 $2,712 $141,100 $48,500 $92,600
2016 $3,135 $152,100 $36,000 $116,100
2015 $3,053 $152,100 $36,000 $116,100
2014 $2,972 $152,100 $36,000 $116,100
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72525467

MLS Property Information Network (MLS PIN)

APN: WORC-000032-000006-000014