15 Lyon St Worcester, MA 01604
Shrewsbury Street NeighborhoodEstimated Value: $726,000 - $819,406
9
Beds
5
Baths
3,429
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Community Pool
- City View
- Corner Lot
- 3-minute walk to Cristoforo Colombo Park
About This Home
As of March 2022DON'T MISS this INCREDIBLE Shrewsbury St turnkey investment or owner occupied opportunity - Just relax & collect the rents, a landlord's dream. Major renovation completed in 2020 - lead compliance certs & an extra .1/2 bath on floors 2 & 3. All units are 3 bedroom- Unit 3 to be vacant end of February, all tenants are TAW. Located in the heart of Worcester's restaurant row & seconds from parks, Union Station, & hospitals. Building has 3 high efficiency combination boiler/hot water w/ all new plumbing (fixtures, water lines, gas piping, AND drains) All new elect service -100amp sub-panels INSIDE each unit - new wiring throughout (arc fault & GFCI breakers) Washer/dryer in each unit. Granite counters, new cabinets, S/S appliances. Lifeproof vinyl flooring & carpet in Br's. New interior/exterior doors & vinyl windows, perimeter drains, older good roof. Driveway for off street parking. Tired of looking at properties in need of $100k+ & lose months of rents? Check out this one!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,575
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,429 Sq Ft Home
- Insulated Windows
- Insulated Doors
- City Views
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Eco-Friendly Details
- Integrated Pest Management
Outdoor Features
- Enclosed patio or porch
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Separate Meters
- 220 Volts
- 110 Volts
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,400
- Assessor Parcel Number M:16 B:034 L:00039,1778662
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Tennis Courts
- Community Pool
- Park
Additional Features
- Medical Services
- Net Operating Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2022
Sold by
Kafel Tarik
Bought by
15 Lyon Street Llc
Total Days on Market
4
Current Estimated Value
Purchase Details
Listed on
Feb 9, 2022
Closed on
Mar 22, 2022
Sold by
Alfego Michael
Bought by
Kafel Tarik A and Kafel Ali A
Seller's Agent
Michael Alfego
A-1 Realty of MA LLC
Buyer's Agent
Michael Alfego
A-1 Realty of MA LLC
List Price
$679,900
Sold Price
$685,000
Premium/Discount to List
$5,100
0.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$513,750
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2019
Sold by
Ciccarelli Bernadetta Est
Bought by
Alfego Michael
Purchase Details
Closed on
Nov 3, 2009
Sold by
Ciccarelli Victor N Es
Bought by
S & C Ciccarelli Ft
Similar Homes in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 15 Lyon Street Llc | -- | None Available | |
| Kafel Tarik | -- | None Available | |
| Kafel Tarik A | $685,000 | None Available | |
| Alfego Michael | $154,500 | -- | |
| S & C Ciccarelli Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kafel Tarik A | $513,750 | |
| Previous Owner | Alfego Michael | $331,000 | |
| Previous Owner | Alfego Michael | $322,000 | |
| Previous Owner | Alfego Michael | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2022 03/23/22 | Sold | $685,000 | +0.8% | $200 / Sq Ft |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $679,900 | -- | $198 / 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 | $9,778 | $741,300 | $56,700 | $684,600 |
| 2024 | $8,924 | $649,000 | $56,700 | $592,300 |
| 2023 | $5,998 | $418,300 | $49,300 | $369,000 |
| 2022 | $5,171 | $340,000 | $39,400 | $300,600 |
| 2021 | $4,575 | $281,000 | $31,500 | $249,500 |
| 2020 | $4,204 | $247,300 | $31,300 | $216,000 |
| 2019 | $3,717 | $206,500 | $27,300 | $179,200 |
| 2018 | $3,619 | $191,400 | $27,300 | $164,100 |
| 2017 | $3,379 | $175,800 | $27,300 | $148,500 |
| 2016 | $3,271 | $158,700 | $20,800 | $137,900 |
| 2015 | $3,185 | $158,700 | $20,800 | $137,900 |
| 2014 | $3,101 | $158,700 | $20,800 | $137,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Alfego
M
Seller's Agent in 2022
Michael Alfego
A-1 Realty of MA LLC
(774) 696-6381
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72941097
APN: WORC-000016-000034-000039
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