Seller's Agent in 2023
Mark Abasciano
Mark Abasciano Real Estate
(508) 769-4976
3 in this area
10 Total Sales
167 Highland St Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $705,000 - $847,000
12
Beds
3.5
Baths
4,290
Sq Ft
$186/Sq Ft
Est. Value
About This Home
As of July 2023Attn: Investors! Locked in leases until June 2024, WPI students. $66k Gross income. (Over 9% cap rate) Family trust owned and operated for over 20 years. Great loc'n near WPI. Spacious units, 1430 sq ft per floor (4,290 total living area). Updates made as needed over the years (Pride of Ownership). Porches on each level. Roomy attic space. Basement features 4 individual storage rooms; extra toilet, Coin op W/D. On (and off) street parking.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,858
Year Built
- Built in 1920
Lot Details
- 5,230 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
Interior Spaces
- 4,290 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
Parking
- 3 Car Parking Spaces
- Open Parking
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $5,500
- Assessor Parcel Number M:02 B:045 L:00003,1763563
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Electric Expense $568
- Insurance Expense $3,574
- Water Sewer Expense $1,965
- Operating Expense $6,107
- Net Operating Income $60,404
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 1998
Sold by
Gladys Bogdasarian Irt and Sogigian
Bought by
Broggi Mary Ann
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.11%
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 |
|---|---|---|---|
| Broggi Mary Ann | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alya Properties Llc | $600,000 | |
| Closed | Broggi Mary Ann | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2023 07/13/23 | Sold | $750,000 | +15.4% | $175 / Sq Ft |
| 05/18/2023 05/18/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $649,900 | -- | $151 / 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 | $8,198 | $621,500 | $83,100 | $538,400 |
| 2024 | $8,191 | $595,700 | $83,100 | $512,600 |
| 2023 | $7,858 | $548,000 | $72,300 | $475,700 |
| 2022 | $6,841 | $449,800 | $57,900 | $391,900 |
| 2021 | $6,359 | $390,600 | $46,300 | $344,300 |
| 2020 | $5,143 | $302,500 | $46,000 | $256,500 |
| 2019 | $5,134 | $285,200 | $40,100 | $245,100 |
| 2018 | $5,005 | $264,700 | $40,100 | $224,600 |
| 2017 | $4,680 | $243,500 | $40,100 | $203,400 |
| 2016 | $4,493 | $218,000 | $29,100 | $188,900 |
| 2015 | $4,375 | $218,000 | $29,100 | $188,900 |
| 2014 | $4,260 | $218,000 | $29,100 | $188,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Abasciano
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73111281
APN: WORC-000002-000045-000003
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