NOT LISTED FOR SALE

Estimated Value: $586,485 - $682,000

6 Beds
3 Baths
3,240 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $500,000 $154 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,106/month

2 Days on Market

About This Home

As of April 2022

Excellent opportunity to own this great 3 Family in the sought-after Grafton Hill area! This TURN KEY property has had many recent improvements! Each unit is well maintained with hardwood floors and updated Kitchens & Baths. The 3rd flr unit was just rehabbed and boasts many NEW features: interior paint throughout, vinyl plank flrs in the kitchen & bath, painted kitchen cabinets, refinished hardwoods, light fixtures, NEW forced hot air gas heating system and more. The 2nd flr unit and front common area have new interior paint and are in great condition. 1st flr unit is well maintained and has been updated over the years. Additional property features include: vinyl replacement windows, plumbing updates, owners electrical panel & 2 car off street parking. Offer deadline Saturday 3/12 by 5:00pm. Seller reserves the right to accept an offer at any time.

Last Listed By

Mark Balestracci

Lamacchia Realty, Inc. Listed on: 03/09/2022

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1890

Lot Details

  • 6,970

Home Design

  • 3,240 Sq Ft Home
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Additional Features

  • Bulkhead
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,000
  • Rent includes unit 1(water)
  • Assessor Parcel Number 1780077

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,415

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • 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

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Bulkhead, Sump Pump, Concrete
  • Living Area: 3240
  • Stories Total: 6
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 137.35
  • PRICE PER Sq Ft: 154.32
  • MAIN SO: K95633

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: 1780077
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • LOT SIZE: 7135
  • PAGE: 326

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4415.14
  • Tax Book Number: 67085

Multi Family

  • Gross Income: 12000
  • Net Operating Income: 12000
  • Number Of Units Total: 3
  • Total Actual Rent: 1000
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Stein Andrew
Bought by
Stein Holdings Llc
Total Days on Market
2
Current Estimated Value
$635,371

Purchase Details

Closed on
Jun 20, 2002
Sold by
Festa John J and Festa Sophie P
Bought by
Festa John

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
6.81%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Worcester, MA

  • 1022 Main St, Worcester, MA 01603

    $539,000

    • 8 Beds
    • 3 Baths
    • 2,472 Sq Ft
    • 1022 Main St
    • Worcester, MA

    Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved

    ZhiChao Chen Space Realty

    Section Image
  • 8 Village St, Worcester, MA 01604

    $749,900

    • 6 Beds
    • 3 Baths
    • 3,450 Sq Ft
    • 8 Village St
    • Worcester, MA

    Prime opportunity to invest in a very well maintained 3 unit multifamily in desirable Grafton Hill. GREAT LOCATION: 2 mile to UMASS medical; 1.5 miles to Polar Park or Union Square Train Station. Each of the 3 units have hardwood floors, 2 spacious bedrooms, kitchen, dining room and living room plus a small 3rd bedroom or office off the kitchen. Lovely fenced in yard with Shed. First floor has a

    Ann Marie Sorensen ERA Key Realty Services- Auburn

    Section Image
  • 38 Dartmouth St, Worcester, MA 01604

    $694,900

    • 6 Beds
    • 3 Baths
    • 2,646 Sq Ft
    • 38 Dartmouth St
    • Worcester, MA

    Located on Dartmouth Street, this solid three-family property offers a fantastic investment opportunity with long-term tenants already in place. Each unit features a consistent floor plan, complemented by gas-on-gas heating, upgraded electrical systems, and gleaming hardwood floors. The modernized pantries and bathrooms add extra appeal. Additional highlights include recently updated gas hot

    Dan Robertson Coldwell Banker Realty - Northborough

    Section Image
  • 194 Hamilton St, Worcester, MA 01604

    $715,000

    • 8 Beds
    • 4 Baths
    • 3,516 Sq Ft
    • 194 Hamilton St
    • Worcester, MA

    Discover this exceptional multi-unit residence that perfectly blends comfort, style, and convenience. Each unit boasts a bright and inviting living room, a well-appointed kitchen with elegant wooden cabinetry, and generously sized bedrooms designed for relaxation. Unique bathroom designs and additional versatile rooms make this property ideal for a home office, playroom, or entertainment space.

    Team ROVI Real Broker MA, LLC

    Section Image
  • 20 Shelby St, Worcester, MA 01605

    $500,000

    • 6 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 20 Shelby St
    • Worcester, MA

    This Multi-Family property represents a compelling opportunity for a discerning Buyer. The property features Two Units, each offering three bedrooms and one bathroom. The second-floor unit boasts notable features such as a striking vaulted ceiling, an open deck perfect for relaxation. Natural light streams through large windows and a skylight. Both units are equipped with separate utilities

    Fabilene Neves Century 21 North East

    Section Image
  • 8 Enid St, Worcester, MA 01604

    $625,000

    • 4 Beds
    • 2 Baths
    • 2,296 Sq Ft
    • 8 Enid St
    • Worcester, MA

    Well-Maintained 2-Family with Modern Upgrades & Prime Location close to Polar Park, shops, restaurants, local businesses close to Rt 20, Rt 146, I !!! Fantastic opportunity for owner-occupants or investors! This updated 2-family home offers a blend of modern improvements, solid rental potential, and commuter-friendly access. The current mortgage is assumable and carries an interest rate of

    Sharon Ridley StartPoint Realty

    Section Image
  • 101 Sterling St, Worcester, MA 01610

    $619,000

    • 6 Beds
    • 3 Baths
    • 3,231 Sq Ft
    • 101 Sterling St
    • Worcester, MA

    This well-kept 3 family property features three spacious units, each offering 5 rooms, 2 bedrooms and 1 full bathroom in the desirable Vernon hill area. A solid income-producing asset, perfect for investors Nestled in a sought-after neighborhood, this property offers quick and easy access to major routes including Route 9, 146, I-290 and the Mass Pike. Just minutes from key destinations like

    Ronnie Armany Ronnie Armany

    Section Image
  • 32 Boston Ave, Worcester, MA 01604

    $698,000

    • 5 Beds
    • 2.5 Baths
    • 2,900 Sq Ft
    • 32 Boston Ave
    • Worcester, MA

    2 Family opportunity!! ~ Spacious and versatile 2-Family property. ~ UNIT 1 offers a cozy living room/dining room combo with 2 beds and 1 bath ~ Easy access through the front door or garage entrance, washer and dryer hookup ~ UNIT 2, located on the upper level, features Central Air-conditioning, beautiful hardwood floors in all 3 bedrooms, an open floor concept kitchen with an island, a separate

    Edmund Manu RE/MAX Prof Associates

    Section Image
  • 629 Cambridge St, Worcester, MA 01610

    $619,000

    • 7 Beds
    • 3 Baths
    • 2,410 Sq Ft
    • 629 Cambridge St
    • Worcester, MA

    This two-family property offers an outstanding investment opportunity! The first floor has been beautifully renovated into a spacious 3-bedroom, 2-bath unit, with an additional area that could be used for commercial space or storage—further increasing its income potential. Utilities are separately metered, and a landlord meter has been installed for effortless management. The first floor also

    Maria Bixho Centre Realty Group

    Section Image

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
Stein Holdings Llc -- None Available
Festa John $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stein Andrew $375,000
Previous Owner Festa Jon $75,000
Previous Owner Festa Jon J $110,000
Previous Owner Festa Jon J $85,000
Previous Owner Festa Jon J $70,000
Previous Owner Festa John $40,000
Previous Owner Festa John $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $500,000 +12.4% $154 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $445,000 -- $137 / 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 $7,009 $531,400 $117,600 $413,800
2024 $6,538 $475,500 $117,600 $357,900
2023 $5,350 $373,100 $102,200 $270,900
2022 $4,644 $305,300 $81,800 $223,500
2021 $4,415 $271,200 $65,400 $205,800
2020 $4,146 $243,900 $65,400 $178,500
2019 $3,982 $221,200 $58,800 $162,400
2018 $3,929 $207,800 $58,800 $149,000
2017 $3,725 $193,800 $58,800 $135,000
2016 $3,469 $168,300 $42,800 $125,500
2015 $3,378 $168,300 $42,800 $125,500
2014 $3,289 $168,300 $42,800 $125,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950443

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000004-000002