NOT LISTED FOR SALE

Estimated Value: $895,000 - $984,000

9 Beds
4 Baths
4,501 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $680,000 $151 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,998/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • Screened Porch
  • Drought Tolerant Landscaping
  • Wood Flooring
  • Fenced Yard

About This Home

As of April 2021

Multiple offers on this property. Please have all offers submitted by 5pm today 03/03.Are you looking for a turn key 3-4 family with bonus commercial garage for income in Worcester? This 4 unit dwelling has an instant income of 70k + a year. Fully tenanted with all leases expiring 08/31/21. Current tenants willing to renew and have been there for 2 years and are great! This gorgeous renovated 3 family house has energy saver windows -, 3 updated kitchens with maple cabinets and new appliances in 2018 , the 3 units all have separate Central AC , endless storage space in each unit, 3 updated bathrooms renovated in 2016, 9 OFF Street parking spots front porch and back porch, beautiful gleaming hardwood floors throughout. Each unit is 1300 sq. ft. 3rd floor can be rented out as 3 -4 bedrooms . This property was completely de-leaded in 2018, has 3 gas boilers, 100 amp electrical, 2015, roof. .First floor unit has an added half bath. Second unit even has a built in Murphy style.

Last Agent to Sell the Property

Brian Lee

Joshua M. Fox Listed on: 02/26/2021

Last Buyer's Agent

Brian Lee

Joshua M. Fox Listed on: 02/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,456

Year Built

  • Built in 1900

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Drought Tolerant Landscaping

Parking

  • 1 Car Garage

Interior Spaces

  • Screened Porch
  • Wood Flooring
  • Basement

Additional Features

  • Rain Gutters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:04 B:029 L:00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,456

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 1.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Insc: 1700
  • Year Built Description: Actual
  • List Price Per Sq Ft: 133.30
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 7
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 19
  • Basement: Y
  • Basement Features: Concrete Floor
  • Main Lo: NB2633
  • Main So: NB2633
  • Estimated Sq Ft: 4501.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Porch - Screened, Gutters, Professional Landscaping, Fenced Yard, Drought Tolerant/Water Conserving Landscaping
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 9
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 875
  • Sewer: 1560
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, Common, Individually Metered
  • Hot Water: Natural Gas
  • Cooling Units: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Hea Common: Central Heat

Lot Info

  • Assessments: 419300.00
  • Acre: 0.21
  • Lot Size: 9165.00
  • Page: 291
  • Parcel Number: M:04 B:029 L:00007
  • Zoning: RG-5
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 5850
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 7128.00
  • Assessor Parcel Number: 1765230
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 20, 2021
Sold by
Lee Brian
Bought by
Sherman David M
Seller's Agent
Brian Lee
Joshua M. Fox
Buyer's Agent
Brian Lee
Joshua M. Fox
List Price
$599,999
Sold Price
$680,000
Premium/Discount to List
$80,001
13.33%
Current Estimated Value
$913,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,117
Avg. Annual Appreciation
6.27%
Original Mortgage
$510,000
Outstanding Balance
$465,426
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$417,837

Purchase Details

Listed on
Aug 8, 2018
Closed on
Dec 28, 2018
Sold by
Mungovan Paul and Mungovan Edith
Bought by
Lee Brian
Seller's Agent
Joseph Sullivan
George Russell Realty, LLC
Buyer's Agent
Brian Lee
Joshua M. Fox
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%
Original Mortgage
$352,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2011
Sold by
Daniel J Mungovan T and Mungovan Paul
Bought by
Mungovan Paul and Mungovan Edith

Purchase Details

Closed on
Apr 13, 2004
Sold by
Mungovan Daniel J and Mungovan Elvi M
Bought by
Test Daniel J Mungovan and Mungovan Elvi M
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
Sherman David M $680,000 None Available
Lee Brian $480,000 --
Mungovan Paul $84,000 --
Test Daniel J Mungovan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman David M $510,000
Previous Owner Lee Brian $352,500
Previous Owner Mungovan Paul $300,000
Previous Owner Mungovan Daniel J $151,523
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $680,000 +13.3% $151 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $599,999 +25.0% $133 / Sq Ft
01/03/2019 01/03/19 Sold $480,000 -1.0% $107 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $485,000 0.0% $108 / Sq Ft
10/25/2018 10/25/18 For Sale $485,000 -2.0% $108 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $495,000 -10.0% $110 / Sq Ft
08/08/2018 08/08/18 For Sale $549,900 -- $122 / 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 $11,456 $868,500 $76,900 $791,600
2024 $10,667 $775,800 $76,900 $698,900
2023 $10,299 $718,200 $61,800 $656,400
2022 $9,266 $609,200 $49,400 $559,800
2021 $8,571 $526,500 $39,500 $487,000
2020 $7,128 $419,300 $39,700 $379,600
2019 $7,317 $406,500 $39,100 $367,400
2018 $7,275 $384,700 $39,100 $345,600
2017 $6,960 $362,100 $39,100 $323,000
2016 $6,985 $338,900 $31,300 $307,600
2015 $6,802 $338,900 $31,300 $307,600
2014 $6,622 $338,900 $31,300 $307,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72790538

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000029-000007