NOT LISTED FOR SALE

Estimated Value: $480,000 - $534,000

4 Beds
2 Baths
1,760 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $347,000 $197 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,220/month

8 Days on Market

Highlights

  • Deck
  • Carpet
  • Heating Available
  • Corner Lot

About This Home

As of September 2021

***MULTIPLE OFFERS Deadline for offers will be by 12pm August 10, 2021 REQUESTING HIGHEST AND BEST******This is the one!! Great opportunity for a first time home buyer or investor . This two family is conveniently located on the Worcester/ West Boylston line minutes from all major highways , parks and restaurants . Each apartment consists of 4 rooms / 2 bedrooms, w2w carpets , eat in kitchen , laundry room, deck , off street parking and private decks. The property has a great yard good for barbecuing , laying out on deck or just letting the little ones run around. Recent updates include a roof that was replaced in 2015 and hot water tanks are under 10 years old. Don't miss out on owning well maintained duplex in one of Worcester's most desirable neighborhoods!!! The rents are way below market they should be between $1,200 to $ 1,400 . (Estimate ) Owner will not vacate any units. Sold AS-IS

Last Agent to Sell the Property

Javier Velez

Javier Velez Listed on: 08/03/2021

Last Buyer's Agent

Carla Horn

ERA Key Realty Services

ERA Key Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1985

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Property has 1 Level
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $1,600
  • Assessor Parcel Number M:32 B:022 L:8688,1790758

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,789
  • Water Sewer Expense $1,033
  • Operating Expense $4,611
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,365

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1985
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1760
  • Stories Total: 2
  • MAIN LO: K95491
  • LIST PRICE PER Sq Ft: 156.25
  • PRICE PER Sq Ft: 197.16
  • MAIN SO: K95310

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Electric), Unit 2(Electric)
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1033

Lot Info

  • Parcel Number: M:32 B:022 L:8688,1790758
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147.6
  • Lot Size Units: Acres
  • LOT SIZE: 9000
  • PAGE: 49

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4365
  • Tax Book Number: 16667

Multi Family

  • Gross Income: 19200
  • Insurance Expense: 2789
  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Operating Expense: 4611
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 30, 2021
Sold by
Roberti Ronald and Roberti B H
Bought by
Mei Derek
Seller's Agent
Javier Velez
Javier Velez
Buyer's Agent
Carla Horn
ERA Key Realty Services
List Price
$275,000
Sold Price
$347,000
Premium/Discount to List
$72,000
26.18%
Total Days on Market
8
Current Estimated Value
$501,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,609
Avg. Annual Appreciation
10.04%
Original Mortgage
$258,750
Outstanding Balance
$238,501
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,108
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
Mei Derek $347,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mei Derek $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $347,000 +26.2% $197 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $275,000 -- $156 / 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 $5,383 $408,100 $118,300 $289,800
2024 $5,405 $393,100 $118,300 $274,800
2023 $4,911 $342,500 $102,900 $239,600
2022 $4,896 $321,900 $82,300 $239,600
2021 $4,365 $268,100 $65,900 $202,200
2020 $3,845 $226,200 $65,900 $160,300
2019 $3,825 $212,500 $59,300 $153,200
2018 $3,937 $208,200 $59,300 $148,900
2017 $3,959 $206,000 $59,300 $146,700
2016 $3,788 $183,800 $43,300 $140,500
2015 $3,689 $183,800 $43,300 $140,500
2014 $3,591 $183,800 $43,300 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72875484

MLS Property Information Network (MLS PIN)

APN: WORC-000032-000022-000086-000088