NOT LISTED FOR SALE

208 Coburn Ave Worcester, MA 01604

Lake Park Neighborhood

Estimated Value: $562,000 - $679,000

6 Beds
3 Baths
2,340 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $500,000 $214 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,838/month

5 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Lakeview Playground

About This Home

As of July 2022

Amazing opportunity to own a 3 family in the UMass Hosp/Med School area. Property has easy access to Rts 9, 20, 290 & Mass Pike. Close to Worcester amenities including Polar Park, Kelly Sq & all Shrewsbury St dining. Beautiful Lake Park is a short walk as is White City & Lakeway Commons area, which are just over the bridge in Shrewsbury. Well maintained with many updates. Each unit has 2 bedrooms, cozy & comfortable, bright & clean with hardwood floors throughout. Possible extra buildable lot - Buyer due diligence required. Porches on all floors for extra outdoor living space. The house sits at the top of a small rise above the street with a huge, grassy yard which affords considerable privacy, peace, & quiet. Move right into this wonderful property as first floor is vacant for immediate owner occupancy. Maintenance fee vinyl siding and newer furnaces.

Last Agent to Sell the Property

Mary Orciuch

First Step Realty Listed on: 06/18/2022

Last Buyer's Agent

Gabrielle Demac

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1905

Lot Details

  • 0.35 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,850
  • Rent includes unit 1(none), unit 2(none), unit 3(none)
  • Assessor Parcel Number 17/ 019/ 29+34,1779287

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $2,450
  • Water Sewer Expense $670
  • Operating Expense $6,420
  • Net Operating Income $27,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1905
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2340
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN3951
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 670

Lot Info

  • Parcel Number: 17/ 019/ 29+34,1779287
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15064
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5775.24

Multi Family

  • Insurance Expense: 2450
  • Net Operating Income: 27780
  • Number Of Units Total: 3
  • Operating Expense: 6420
  • Total Actual Rent: 2850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Orciuch Raymond B and Morgan Sharon A
Bought by
Worcester 208 Coburn Ave
Current Estimated Value
$617,364
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worcester 208 Coburn Ave -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $500,000 +5.3% $214 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $475,000 -- $203 / 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 $7,040 $533,700 $119,100 $414,600
2024 $6,566 $477,500 $119,100 $358,400
2023 $6,651 $463,800 $103,500 $360,300
2022 $5,775 $379,700 $82,800 $296,900
2021 $4,897 $300,800 $66,300 $234,500
2020 $3,998 $235,200 $66,200 $169,000
2019 $3,983 $221,300 $59,800 $161,500
2018 $3,929 $207,800 $59,800 $148,000
2017 $3,727 $193,900 $59,800 $134,100
2016 $3,485 $169,100 $44,600 $124,500
2015 $3,394 $169,100 $44,600 $124,500
2014 $3,304 $169,100 $44,600 $124,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Orciuch

    First Step Realty

    (508) 791-3800

    1 in this area

    3 Total Sales

    Mary Orciuch
    Section Image
  • Gabrielle Demac

    Buyer's Agent in 2022

    Gabrielle Demac

    Lamacchia Realty, Inc.

    (508) 523-8094

    2 in this area

    48 Total Sales

    Gabrielle Demac
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73000134

MLS Property Information Network (MLS PIN)

APN: WORC-000017-000019-000029-000034

Massachusetts Worcester County Worcester 01604 Lake Park

208 Coburn Ave, Worcester, MA

Not Listed for Sale

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