NOT LISTED FOR SALE

Estimated Value: $628,908 - $931,000

9 Beds
4 Baths
4,361 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $365,000 $84 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,265/month

41 Days on Market

About This Home

As of September 2016

Showings - Have your agent bring you this Saturday (7/2) 11am-1pm. This is a terrific opportunity to own a large (3 beds each unit) well-maintained three family. Perfect property for an owner occupied with a spacious double lot. The building has been upgraded within the last five years with three new boilers, hot water heaters, driveway, roof, siding, electrical panels plus more! Updated interiors in good condition with two full bathrooms in the 1st floor unit. Clean walk-in basement with two newer boilers. Three car garage can bring in extra income plus a landlord storage shed. All units are rented at below market value so this property could bring in more income than it is currently. Unit interiors have been lead remediated - a little more removal needs to be done on the exterior to get a lead compliance certificate.

Last Listed By

Denise Larson

Coldwell Banker Realty - Worcester License #453010362 Listed on: 05/23/2016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,168

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Cleared, Gentle Slope
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Yes
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Park
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Basement: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: RL7
  • Lot: 19+21

Multi Family

  • Foundation: 53x27
  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 17
  • Total Rent_1: 3050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 23, 2016
Sold by
Domar Realty Group Llc
Bought by
Naranjo-Rodriguez M M and Recalde Jorge R
Seller's Agent
Denise Larson
Coldwell Banker Realty - Worcester
Buyer's Agent
Kimberly McGhee
RE/MAX Vision
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Total Days on Market
41
Current Estimated Value
$792,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,977
Avg. Annual Appreciation
9.58%
Original Mortgage
$334,248
Outstanding Balance
$269,078
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$536,322

Purchase Details

Closed on
Mar 29, 2011
Sold by
Lombardi Domenico P and Lombardi Alice
Bought by
Domar Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2011
Sold by
Izatt Michael A
Bought by
Lombardi Domenico P and Lombardi Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
One Princeton St Rt
Bought by
Gorman Lea

Purchase Details

Closed on
Aug 1, 2001
Sold by
1 Princeton St Rt
Bought by
Gorman Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

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
Naranjo-Rodriguez M M $365,000 --
Domar Realty Group Llc -- --
Lombardi Domenico P $189,000 --
Gorman Lea -- --
Gorman Lea $215,000 --
1 Princeton St Rt $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naranjo-Rodriguez M M $334,248
Previous Owner Lombardi Domenico P $141,750
Previous Owner Izatt Michael A $319,000
Previous Owner 1 Princeton St Rt $192,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $365,000 -8.5% $84 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $399,000 -- $91 / 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 $10,168 $770,900 $98,700 $672,200
2024 $9,373 $681,700 $98,700 $583,000
2023 $9,004 $627,900 $85,800 $542,100
2022 $7,877 $517,900 $68,700 $449,200
2021 $7,049 $433,000 $54,900 $378,100
2020 $6,492 $381,900 $54,500 $327,400
2019 $6,502 $361,200 $47,700 $313,500
2018 $6,358 $336,200 $47,700 $288,500
2017 $5,966 $310,400 $47,700 $262,700
2016 $4,765 $231,200 $34,400 $196,800
2015 $4,640 $231,200 $34,400 $196,800
2014 $4,088 $209,200 $34,400 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72010784

MLS Property Information Network (MLS PIN)

APN: WORC-000014-000016-000019-000021