16 Branch St Worcester, MA 01604
Franklin Plantation NeighborhoodEstimated Value: $609,405 - $674,000
6
Beds
3
Baths
3,180
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Living Room
- Property is near public transit
- Covered patio or porch
- Shops
About This Home
As of May 2022TURN THE KEY TO PROFIT! No vacancies in this 3-unit multi-family home, a perfect investment opportunity! Tenants pay for heat, hot water, and electricity. Each spacious unit has 2 bedrooms, 1 bathroom, and hardwood floors throughout. A backyard provides tenants with a common area and recreational space. Plenty of on-street parking and conveniently located just 3 minutes from I-290. Don't miss out on this incredible opportunity! See the entire interior space, all three floors, and the basement by asking your agent to share with you the video link in “firm remarks“.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,921
Year Built
- Built in 1890
Lot Details
- 5,000 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
Interior Spaces
- 3,180 Sq Ft Home
- Living Room
- Dining Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- Property is near schools
Schools
- Grafton St. Elementary School
- Worcester East Middle School
- North High School
Utilities
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Total Actual Rent $2,825
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Legal Lot and Block 00024 / 010
- Assessor Parcel Number M:04 B:010 L:00024,1764775
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Net Operating Income $33,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2018
Sold by
Nguyen Loan
Bought by
16 Branch Street Llc
Total Days on Market
10
Current Estimated Value
Purchase Details
Closed on
May 17, 2018
Sold by
Nguyen Thang
Bought by
Nguyen Loan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Dec 7, 2016
Closed on
Apr 6, 2017
Sold by
Prior Stephen M and Decker-Prior Suzanne E
Bought by
Nguyen Thang
Seller's Agent
Brad Morse
Century 21 North East
Buyer's Agent
Talena Ngo
Realty Trust Group, Inc.
List Price
$259,900
Sold Price
$215,500
Premium/Discount to List
-$44,400
-17.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$161,625
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2004
Sold by
Prior Stephen M
Bought by
Prior Stephen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 26, 2001
Sold by
Widdiss Heath S
Bought by
Prior Stephen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,007
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2000
Sold by
Lyver William E and Lyver Julianne F
Bought by
Widdiss Heath S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,936
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 16 Branch Street Llc | -- | -- | |
| Nguyen Loan | -- | -- | |
| Nguyen Thang | $215,500 | -- | |
| Prior Stephen M | -- | -- | |
| Prior Stephen M | $148,300 | -- | |
| Widdiss Heath S | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Whalen David T | $424,000 | |
| Previous Owner | Nguyen Loan | $167,000 | |
| Previous Owner | Nguyen Thang | $161,625 | |
| Previous Owner | Prior Stephen M | $43,000 | |
| Previous Owner | Prior Stephen M | $73,650 | |
| Previous Owner | Prior Stephen M | $218,000 | |
| Previous Owner | Widdiss Heath S | $212,000 | |
| Previous Owner | Widdiss Heath S | $30,000 | |
| Previous Owner | Widdiss Heath S | $146,007 | |
| Previous Owner | Widdiss Heath S | $124,936 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $530,000 | +11.6% | $167 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | Price Changed | $475,000 | -5.0% | $149 / Sq Ft |
| 04/22/2022 04/22/22 | For Sale | $500,000 | +132.0% | $157 / Sq Ft |
| 04/06/2017 04/06/17 | Sold | $215,500 | +0.2% | $66 / Sq Ft |
| 02/27/2017 02/27/17 | Pending | -- | -- | -- |
| 02/12/2017 02/12/17 | Price Changed | $215,000 | -6.5% | $66 / Sq Ft |
| 01/27/2017 01/27/17 | Price Changed | $229,900 | -4.2% | $71 / Sq Ft |
| 01/11/2017 01/11/17 | Price Changed | $239,900 | -7.7% | $74 / Sq Ft |
| 12/07/2016 12/07/16 | For Sale | $259,900 | -- | $80 / 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 | $7,711 | $584,600 | $81,200 | $503,400 |
| 2024 | $7,099 | $516,300 | $81,200 | $435,100 |
| 2023 | $6,804 | $474,500 | $70,600 | $403,900 |
| 2022 | $5,921 | $389,300 | $56,500 | $332,800 |
| 2021 | $5,392 | $331,200 | $45,200 | $286,000 |
| 2020 | $3,800 | $223,500 | $44,900 | $178,600 |
| 2019 | $3,776 | $209,800 | $39,200 | $170,600 |
| 2018 | $3,699 | $195,600 | $39,200 | $156,400 |
| 2017 | $3,477 | $180,900 | $39,200 | $141,700 |
| 2016 | $3,298 | $160,000 | $28,300 | $131,700 |
| 2015 | $3,211 | $160,000 | $28,300 | $131,700 |
| 2014 | $3,126 | $160,000 | $28,300 | $131,700 |
Source: Public Records
Agents Affiliated with this Home
-
John Miller
Seller's Agent in 2022
John Miller
Keller Williams Pinnacle Central
(508) 523-8033
1 in this area
216 Total Sales
-
Sara Fish
Buyer's Agent in 2022
Sara Fish
J Blumen & Associates
(774) 535-2992
1 in this area
56 Total Sales
-
Brad Morse
Seller's Agent in 2017
Brad Morse
Century 21 North East
(617) 694-6024
79 Total Sales
-
Talena Ngo
Buyer's Agent in 2017
Talena Ngo
Realty Trust Group, Inc.
(774) 535-1538
1 in this area
71 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72970463
APN: WORC-000004-000010-000024
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