NOT LISTED FOR SALE

2 Shannon St Worcester, MA 01604

Union HIll Neighborhood

Estimated Value: $644,479 - $851,000

12 Beds
6 Baths
4,878 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 16, 2015

Last sale price $305,000 $63 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,782/month

66 Days on Market

About This Home

As of June 2015

Great opportunity for investor or owner occupied buyer! Large multi - family located in Vernon Hill neighborhood, this building was gutted and renovated in 2008. All three floors have living room , dinning room , huge kitchen , 1.5 baths & 4 large bedrooms. Delead certificates for all 3 floors . All upgraded electric & plumbing , hot water tanks only few years old, one furnace was replaced 4 years ago. Off st parking for 2 cars . Small yard in back . New siding , new appliances , new cabinets nothing needs to be done !!! Long term tenants on 1st & 2nd floor , 3rd floor tenant just signed lease November 1, 2014.

Last Agent to Sell the Property

Javier Velez

Javier Velez Listed on: 03/12/2015

Last Buyer's Agent

Vera Oliveira

Coldwell Banker Realty - Leominster

Coldwell Banker Realty - Leominster

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,775

Year Built

1908

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Commission: 2.00
  • Other Agent: 1.00
  • Seller Agency: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1908

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 21
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Highway Access, Private School, Public School
  • Electric: 220 Volts
  • Flooring: Wood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:35 B:001 L:00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jun 22, 2015
Sold by
Ladeau Ryan J
Bought by
Silva Jefferson
Seller's Agent
Javier Velez
Javier Velez
Buyer's Agent
Vera Oliveira
Coldwell Banker Realty - Leominster
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%
Current Estimated Value
$754,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,120
Avg. Annual Appreciation
9.09%
Original Mortgage
$228,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Mass Premier Prop Llc
Bought by
Ladeau Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2010
Sold by
Ladeau Ryan J
Bought by
Mass Premier 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
$125,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Mass Land Hldgs Llc
Bought by
Jacoby Brennan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Novastar Mortgage Inc
Bought by
Mass Landings Hol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2007
Sold by
Alvarado Carmelo
Bought by
Novastar Mtg Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Velazquez Margarita
Bought by
Alvarado Carmelo and Velazquez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Siqueira Oswaldo
Bought by
Velazquez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Yantsides Menexia
Bought by
Siqueira Oswaldo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Silva Jefferson $305,000 --
Ladeau Ryan J -- --
Mass Premier Prop Llc -- --
Ladeau Ryan J $136,500 --
Jacoby Brennan W $180,000 --
Jacoby Brennan W $180,000 --
Jacoby Brennan W $180,000 --
Mass Landings Hol Llc $305,000 --
Novastar Mtg Inc $268,777 --
Alvarado Carmelo -- --
Velazquez Margarita $320,000 --
Siqueira Oswaldo $224,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Silva Jefferson $228,750
Previous Owner Siqueira Oswaldo $196,000
Previous Owner Ladeau Ryan J $125,000
Previous Owner Jacoby Brennan W $135,000
Previous Owner Mass Landings Hol Llc $260,000
Previous Owner Alvarado Carmelo $324,000
Previous Owner Velazquez Margarita $288,000
Previous Owner Siqueira Oswaldo $252,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2015 06/16/15 Sold $305,000 -1.6% $63 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $310,000 -- $64 / 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 $9,775 $741,100 $89,600 $651,500
2024 $8,986 $653,500 $89,600 $563,900
2023 $8,628 $601,700 $77,900 $523,800
2022 $7,526 $494,800 $62,300 $432,500
2021 $7,062 $433,800 $49,900 $383,900
2020 $6,591 $387,700 $49,500 $338,200
2019 $6,597 $366,500 $43,200 $323,300
2018 $6,428 $339,900 $43,200 $296,700
2017 $6,006 $312,500 $43,200 $269,300
2016 $5,816 $282,200 $31,800 $250,400
2015 $4,229 $210,700 $31,800 $178,900
2014 -- $210,700 $31,800 $178,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Javier Velez

    Javier Velez

    Section Image
  • Vera Oliveira

    Buyer's Agent in 2015

    Vera Oliveira

    Coldwell Banker Realty - Leominster

    (617) 620-5658

    48 Total Sales

    Vera Oliveira
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71800736

MLS Property Information Network (MLS PIN)

APN: WORC-000035-000001-000021

Massachusetts Worcester County Worcester 01604 Union HIll

2 Shannon St, Worcester, MA

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