Seller's Agent in 2022
Michael Giovangelo
Better Living Real Estate, LLC
(508) 962-4411
1 in this area
54 Total Sales
16 Pemberton St Worcester, MA 01610
University Park NeighborhoodEstimated Value: $640,207 - $798,000
8
Beds
4
Baths
3,678
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Jogging Path
- Medical Services
- Corner Lot
- Balcony
About This Home
As of May 2022Huge 4 family located near Clark University. Each unit consists of 2 beds & 1 bath with a living room and outdoor areas for tenants enjoyment. One unit was recently renovated with a new kitchen, newer appliances and new floors. All units have newer fridges and new toilets. Multiple new windows throughout the building. Washer and dryer hook ups in two of the units. 2 car garage with brand new doors, which are rare for multis in Worcester! Large attic space with lots of potential. Newer water heaters. Three tenants are tenant at will. One has a lease until July 1st. Units are BELOW market rents. Located conveniently from the new Polar Park Stadium, WPI/Clark, restaurants, amenities and easy highway access. Property sold AS-IS. Come take a look at this awesome property and make it your own!
Last Agent to Sell the Property
Better Living Real Estate, LLC Listed on: 03/16/2022
Last Buyer's Agent
Paola Gomez
Property Investors & Advisors, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,048
Year Built
- Built in 1880 | Remodeled
Lot Details
- 4,356 Sq Ft Lot
- Stone Wall
- Corner Lot
Parking
- 2 Car Garage
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- 3,678 Sq Ft Home
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Washer and Dryer Hookup
Unfinished Basement
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Woodland Academ Elementary School
- Sullivan Middle School
- South High School
Utilities
- Cooling Available
- 4 Heating Zones
- Heating Available
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,500
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:06 B:023 L:00044,1767657
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
Building Details
- Electric Expense $120
- Insurance Expense $5,000
- Water Sewer Expense $2,000
- Operating Expense $7,120
- Net Operating Income $34,880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
May 17, 2022
Sold by
Dillaire Albert J
Bought by
Alvarado Gladys
Seller's Agent
Michael Giovangelo
Better Living Real Estate, LLC
Buyer's Agent
Paola Gomez
Property Investors & Advisors, LLC
List Price
$524,900
Sold Price
$550,000
Premium/Discount to List
$25,100
4.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,802
Avg. Annual Appreciation
6.95%
Original Mortgage
$412,500
Outstanding Balance
$388,522
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,281
Purchase Details
Closed on
Mar 8, 1993
Sold by
Dillarie Albert
Bought by
Allen C David
Purchase Details
Closed on
Sep 29, 1989
Sold by
Dillaire Albert
Bought by
City Of Worcester
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarado Gladys | $550,000 | None Available | |
| Allen C David | $60,000 | -- | |
| City Of Worcester | $2,009 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarado Gladys | $412,500 | |
| Previous Owner | City Of Worcester | $81,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2022 05/17/22 | Sold | $550,000 | +4.8% | $150 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $524,900 | -- | $143 / 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 | $7,282 | $552,100 | $56,500 | $495,600 |
| 2024 | $7,061 | $513,500 | $56,500 | $457,000 |
| 2023 | $6,493 | $452,800 | $45,300 | $407,500 |
| 2022 | $5,839 | $383,900 | $36,300 | $347,600 |
| 2021 | $5,048 | $310,100 | $29,000 | $281,100 |
| 2020 | $4,687 | $275,700 | $29,100 | $246,600 |
| 2019 | $3,499 | $194,400 | $28,700 | $165,700 |
| 2018 | $3,546 | $187,500 | $28,700 | $158,800 |
| 2017 | $3,348 | $174,200 | $28,700 | $145,500 |
| 2016 | $3,345 | $162,300 | $23,700 | $138,600 |
| 2015 | $3,257 | $162,300 | $23,700 | $138,600 |
| 2014 | $3,171 | $162,300 | $23,700 | $138,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Giovangelo
-
P
Buyer's Agent in 2022
Paola Gomez
Property Investors & Advisors, LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72953318
APN: WORC-000006-000023-000044
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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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