NOT LISTED FOR SALE

Estimated Value: $618,000 - $719,000

9 Beds
3 Baths
4,557 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $525,000 $115 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,403/month

40 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Community Pool
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2021

BUYER GOT COLD FEET! Don't miss your opportunity to get in on the Worcester boom! This oversized 3-decker is located right in the heart of Kelly Square, less than a minute to the new WooSox Polar Park. Featuring 3 large apartments with hardwood floors throughout, open dining/living areas, eat-in kitchens, 3 bedrooms, laundry on each floor, and off-street parking. Travel right around the corner and you'll find the Worcester Public Market, parks, downtown, restaurants, bars, shopping, and more. This multi-family offers it all!

Last Agent to Sell the Property

Justin Panarelli

Real Broker MA, LLC Listed on: 06/02/2021

Last Buyer's Agent

Jonathan Robidas

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,557 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Microwave
  • Washer

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $2,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:05 B:023 L:00054,1766034

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,043

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl, Unit 1(undefined), Unit 2(Tile Floor,Wood Flooring), Unit 3(Tile Floor,Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Microwave,Refrigerator,Washer,Dryer), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 4557
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN4402
  • LIST PRICE PER Sq Ft: 115.21
  • PRICE PER Sq Ft: 115.21
  • MAIN SO: K95491

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:05 B:023 L:00054,1766034
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000
  • PAGE: 374

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6043
  • Tax Book Number: 54777

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 24000
  • Number Of Units Total: 3
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 26, 2021
Sold by
Betances Jeffrey and Hernandez Ramia
Bought by
Zhang Ping
Seller's Agent
Justin Panarelli
Real Broker MA, LLC
Buyer's Agent
Jonathan Robidas
Real Broker MA, LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$669,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,525
Avg. Annual Appreciation
6.48%
Original Mortgage
$393,750
Outstanding Balance
$362,165
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,686

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 31, 2015
Sold by
Ricard Robert E and Ricard Josephine C
Bought by
Betances Jeffrey and Hernandez Ramia
Seller's Agent
Linda Hale
ERA Key Realty Services- Auburn
Buyer's Agent
Karina Villatoro
Century 21 North East
List Price
$239,900
Sold Price
$218,000
Premium/Discount to List
-$21,900
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$213,909
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1995
Sold by
Skamarock Rita
Bought by
Ricard Robert and Ricard Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.89%
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
Zhang Ping $525,000 None Available
Betances Jeffrey $218,000 --
Ricard Robert $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Ping $393,750
Previous Owner Betances Jeffrey $50,000
Previous Owner Betances Jeffrey $213,909
Previous Owner Ricard Robert $58,050
Previous Owner Ricard Robert $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $525,000 0.0% $115 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $525,000 0.0% $115 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $525,000 +140.8% $115 / Sq Ft
12/31/2015 12/31/15 Sold $218,000 -4.8% $48 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
11/05/2015 11/05/15 Price Changed $228,900 -0.4% $50 / Sq Ft
10/25/2015 10/25/15 Price Changed $229,900 -4.2% $50 / Sq Ft
10/05/2015 10/05/15 For Sale $239,900 -- $53 / 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 $8,473 $642,400 $63,600 $578,800
2024 $7,752 $563,800 $63,600 $500,200
2023 $7,388 $515,200 $51,100 $464,100
2022 $6,435 $423,100 $40,900 $382,200
2021 $6,043 $371,200 $32,700 $338,500
2020 $5,540 $325,900 $32,800 $293,100
2019 $5,621 $312,300 $32,300 $280,000
2018 $4,461 $235,900 $32,300 $203,600
2017 $4,165 $216,700 $32,300 $184,400
2016 $4,070 $197,500 $26,300 $171,200
2015 $3,964 $197,500 $26,300 $171,200
2014 $3,859 $197,500 $26,300 $171,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72841600

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000023-000054