178 Russell St Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $630,492 - $707,000
9
Beds
3
Baths
4,110
Sq Ft
$166/Sq Ft
Est. Value
About This Home
As of October 2021INVESTORS TAKE NOTICE. Large 3 family with great potential being sold "AS IS". Located right next to Worcester Polytechnic Institute. Updates include :Roof replaced in 2008, 4 exterior electric meter sockets in 2010, 2nd and 3rd floor units electric heat, service panel and wiring in 2010, replacement windows throughout in 2015. Blown-in attic insulation done by Mass Save in 2014. New boiler for 1st floor unit awaiting installation and all baseboard heaters are roughed in and on the test loop. Each unit has 3 bedrooms, hardwood flooring, and original woodwork. Current rents well below market rate. Huge potential for rental income. Group showings only of the basement and the 1st and 3rd floor units beginning Saturday Sept. 4th and Sunday Sept. 5th, 1:00-3:00.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,876
Year Built
- 1905
Lot Details
- 4,792
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2021
Closed on
Sep 30, 2021
Sold by
Kariko Max and Kariko Nicole
Bought by
Rotti Joseph W
Seller's Agent
Bruce Linnehan
Coldwell Banker Realty - Worcester
Buyer's Agent
Brian Allen
Property Investors & Advisors, LLC
List Price
$525,000
Sold Price
$525,000
Total Days on Market
4
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
$155,873
Avg. Annual Appreciation
7.47%
Purchase Details
Closed on
Dec 28, 2015
Sold by
Kariko Lt
Bought by
Kariko Max and Kariko Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2000
Sold by
Gabrielian Agnes A and Avakian Ann
Bought by
Kariko Attila and Kariko Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rotti Joseph W | $525,000 | None Available | |
| Kariko Max | $216,000 | -- | |
| Kariko Attila | $139,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rotti Joseph W | $569,100 | |
| Previous Owner | Kariko Max | $216,000 | |
| Previous Owner | Kariko Attila | $97,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $525,000 | 0.0% | $128 / Sq Ft |
| 09/05/2021 09/05/21 | Pending | -- | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $525,000 | -- | $128 / 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 | $6,876 | $521,300 | $79,900 | $441,400 |
| 2024 | $6,340 | $461,100 | $79,900 | $381,200 |
| 2023 | $6,067 | $423,100 | $69,500 | $353,600 |
| 2022 | $5,059 | $332,600 | $55,600 | $277,000 |
| 2021 | $5,591 | $343,400 | $44,500 | $298,900 |
| 2020 | $4,413 | $259,600 | $44,200 | $215,400 |
| 2019 | $4,397 | $244,300 | $38,600 | $205,700 |
| 2018 | $4,293 | $227,000 | $38,600 | $188,400 |
| 2017 | $4,017 | $209,000 | $38,600 | $170,400 |
| 2016 | $3,833 | $186,000 | $27,900 | $158,100 |
| 2015 | $3,733 | $186,000 | $27,900 | $158,100 |
| 2014 | $3,636 | $186,100 | $27,900 | $158,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Linnehan
Seller's Agent in 2021
Bruce Linnehan
Coldwell Banker Realty - Worcester
(508) 450-6541
1 in this area
21 Total Sales
-
Brian Allen
Buyer's Agent in 2021
Brian Allen
Property Investors & Advisors, LLC
(508) 868-0927
2 in this area
85 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72888484
APN: WORC-000011-000004-000048
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