$215,500
SOLD APR 6, 2017

16 Branch St Worcester, MA 01604

Franklin Plantation Neighborhood
6 Beds
3 Baths
3,258 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

17% Below List Price

82 Days on Market

About This Home

As of May 2022

Huge price reduction by motivated owner. Selling "As Is" at this price. Needs some work, but worth the effort. Inspections for informational purposes only. Perfect for seasoned investor. Cash cow with very strong Cash on Cash and Cap Rate because of low expenses. Tenants pay for heat, hot water, and electric. Generous sized floor through units have large living room, separate dining room and kitchen. Each unit has 2 bedrooms and 1 bathroom. Hardwood floors throughout. Some great character with period details. Good roof, newer windows and siding, electric. Big backyard adds additional recreational space. Long term tenants mean possible upside to bring rentals up to market rate. Or be an owner/occupier and live rent free. Great investment in a solid building, on a low traffic side street. Plenty of on street parking. Solid ROI. Add to your investment portfolio today!

Last Agent to Sell the Property

Brad Morse

Century 21 North East Listed on: 12/07/2016

Century 21 North East

Last Buyer's Agent

Talena Ngo

Realty Trust Group, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,711

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Cleared, Level
  • Property Type: Multi-family
  • Other Agent: 3.00
  • Lead Paint: Unknown
  • Insc: 1855
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Basement: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Foundation: Fieldstone, Brick

Utilities

  • Heat Zones: 3
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1600

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: BL-1

Multi Family

  • Heat Units: 3
  • Common Room: Laundry
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2625

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
82
Current Estimated Value
$656,990

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
New Conventional

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
14.27%
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
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 Type Sale Price Title Company
Deed -- --
Quit Claim Deed -- --
Not Resolvable $215,500 --
Deed -- --
Deed $148,300 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,000 Purchase Money Mortgage
Previous Owner $167,000 New Conventional
Previous Owner $161,625 New Conventional
Previous Owner $43,000 Commercial
Previous Owner $73,650 No Value Available
Previous Owner $218,000 Purchase Money Mortgage
Previous Owner $212,000 No Value Available
Previous Owner $30,000 No Value Available
Previous Owner $146,007 Purchase Money Mortgage
Previous Owner $124,936 Purchase Money Mortgage
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

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 $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

    211 Total Sales

    John Miller
    Section Image
  • Sara Fish

    Buyer's Agent in 2022

    Sara Fish

    J Blumen & Associates

    (774) 535-2992

    1 in this area

    50 Total Sales

    Sara Fish
    Section Image
  • Brad Morse

    Seller's Agent in 2017

    Brad Morse

    Century 21 North East

    (617) 694-6024

    77 Total Sales

    Brad Morse
    Section Image
  • Talena Ngo

    Buyer's Agent in 2017

    Talena Ngo

    Realty Trust Group, Inc.

    (774) 535-1538

    1 in this area

    71 Total Sales

    Talena Ngo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72099820

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000010-000024

Massachusetts Worcester County Worcester 01604 Franklin Plantation

16 Branch St, Worcester, MA

This home is located at 16 Branch St, Worcester, MA 01604 and is currently priced at $215,500, approximately $66 per square foot. This property was built in 1890. 16 Branch St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Grafton Street.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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