NOT LISTED FOR SALE

Estimated Value: $636,000 - $758,000

6 Beds
3 Baths
3,728 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $599,000 $161 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,523/month

4 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced
  • Corner Lot
  • Cooling Available
  • 4-minute walk to Camp Park

About This Home

As of May 2022

Iconic Worcester 3 decker opportunity for investors and/or owner occupants! Refurbished in 2021, full gut renovation in 2011. 3 two-bedroom units feature hardwood floors, fully updated electrical (2011), fully updated plumbing (2011), all in a cul-de-sac neighborhood within walking distance to POLAR PARK. Currently, rents are under market with the potential for much greater cash flow. Separate utilities throughout. All 3 furnaces replaced in 2011 along with all new plumbing in the building. Roof was replaced in 2011. All decking replaced in 2011. Full exterior painting completed in 2021. All big ticket items have been addressed! Rare to find. Nothing to do but move in and start collecting. A grand opportunity for a solid investment on a corner lot. Showings begin at open house Saturday 04/02 12-2pm and Sunday 04/03 12-2pm.

Last Listed By

Raquel Franco

Capital Real Estate Group LLC Listed on: 03/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts an easement
  • Fenced
  • Corner Lot
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,728 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $5,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:07 B:022 L:0003A,1769144

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Mudroom)
  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full
  • Living Area: 3728
  • Stories Total: 6
  • MAIN LO: AN6000
  • LIST PRICE PER Sq Ft: 147.51
  • PRICE PER Sq Ft: 160.68
  • MAIN SO: AN7080

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Irregular
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:07 B:022 L:0003A,1769144
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3708
  • PAGE: 246

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4563
  • Tax Book Number: 48099

Multi Family

  • Gross Income: 47700
  • Net Operating Income: 47700
  • Number Of Units Total: 3
  • Total Actual Rent: 5100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2011
Sold by
Avery Invst Props Llc
Bought by
Jacobsen Robert E
Total Days on Market
4
Current Estimated Value
$690,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2010
Sold by
Mullany Martin J
Bought by
Avery Invest Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.78%
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
Jacobsen Robert E $196,250 --
Avery Invest Prop Llc $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Ngoc T $547,720
Closed Jacobsen Robert E $300,000
Closed Jacobsen Robert E $185,000
Closed Jacobsen Robert E $147,200
Previous Owner Avery Invest Prop Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $599,000 +8.9% $161 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $549,900 -- $148 / 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 $8,362 $634,000 $43,800 $590,200
2024 $7,619 $554,100 $43,800 $510,300
2023 $5,887 $410,500 $34,600 $375,900
2022 $5,133 $337,500 $27,700 $309,800
2021 $4,563 $280,300 $22,200 $258,100
2020 $4,180 $245,900 $22,200 $223,700
2019 $4,394 $244,100 $21,100 $223,000
2018 $4,264 $225,500 $21,100 $204,400
2017 $3,965 $206,300 $21,100 $185,200
2016 $3,858 $187,200 $15,200 $172,000
2015 $3,757 $187,200 $15,200 $172,000
2014 $3,658 $187,200 $15,200 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72960259

MLS Property Information Network (MLS PIN)

APN: WORC-000007-000022-000003A