Seller's Agent in 2022
James Black
Real Broker MA, LLC
(508) 365-3532
4 in this area
832 Total Sales
21 King St Worcester, MA 01610
University Park NeighborhoodEstimated Value: $703,000 - $772,000
12
Beds
6
Baths
4,287
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Porch
- 0.27 Acre Lot
- 1 Fireplace
- Park
About This Home
As of May 2022Huge, well-maintained 3-family in Worcester! This property is a no-brainer for both investors and owner-occupants. Units 2 & 3 are vacant and ready for an owner-occupant and also a great opportunity for an investor to get quality tenants in place. Each unit has 4 bedrooms and 2 bathrooms, their own porches, and hardwood floors scattered throughout. Individually metered electric, plenty of off-street parking, a great-sized backyard, and a washer & dryer in the basement. Located close to many restaurants, about a mile from Polar Park, under 2 miles to WPI, and easy highway access. Don't miss your chance to invest in one of the hottest housing markets!
Last Buyer's Agent
Ernesto Erazo
United Brokers
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,499
Year Built
- Built in 1910
Lot Details
- 0.27 Acre Lot
- Level Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,287 Sq Ft Home
- 1 Fireplace
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- 100 Amp Service
- Gas Water Heater
- Oil Water Heater
Additional Features
- Porch
- Property is near schools
Listing and Financial Details
- Total Actual Rent $7,500
- Assessor Parcel Number M:06 B:025 L:00033,1767741
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Net Operating Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2022
Closed on
May 5, 2022
Sold by
Chinchilla Elsy G
Bought by
Chinchilla Elsy G and Chinchilla Jose Perez
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Ernesto Erazo
United Brokers
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,056
Avg. Annual Appreciation
5.20%
Purchase Details
Listed on
Feb 4, 2020
Closed on
Mar 3, 2020
Sold by
Worcester Dev Project 2
Bought by
Kosun Group Llc
Seller's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
Buyer's Agent
Jean Tse
Keller Williams Boston MetroWest
List Price
$480,000
Sold Price
$510,000
Premium/Discount to List
$30,000
6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Purchase Details
Listed on
Sep 28, 2018
Closed on
Oct 26, 2018
Sold by
Rinnus Susan E
Bought by
Worcester Dev Project
Seller's Agent
David Stead
RE/MAX Partners
Buyer's Agent
Candice Bettencourt
OWN IT
List Price
$200,000
Sold Price
$270,000
Premium/Discount to List
$70,000
35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.62%
Purchase Details
Closed on
May 5, 1993
Sold by
Waller Robert L and Waller Janet
Bought by
Rinnus Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.47%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chinchilla Elsy G | -- | None Available | |
| Kosun Group Llc | $510,000 | None Available | |
| Worcester Dev Project | $270,000 | -- | |
| Rinnus Susan | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rinnus Susan | $70,000 | |
| Previous Owner | Rinnus Susan | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $615,000 | +2.5% | $143 / Sq Ft | |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- | |
| 03/10/2022 03/10/22 | For Sale | $599,900 | 0.0% | $140 / Sq Ft | |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- | |
| 02/23/2022 02/23/22 | For Sale | $599,900 | +17.6% | $140 / Sq Ft | |
| 03/06/2020 03/06/20 | Sold | $510,000 | +6.3% | $119 / Sq Ft | View Prior Sale |
| 02/08/2020 02/08/20 | Pending | -- | -- | -- | |
| 02/04/2020 02/04/20 | For Sale | $480,000 | +77.8% | $112 / Sq Ft | |
| 10/26/2018 10/26/18 | Sold | $270,000 | +35.0% | $63 / Sq Ft | View Prior Sale |
| 10/05/2018 10/05/18 | Pending | -- | -- | -- | |
| 09/28/2018 09/28/18 | For Sale | $200,000 | -- | $47 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,800 | $743,000 | $77,200 | $665,800 |
| 2024 | $8,987 | $653,600 | $77,200 | $576,400 |
| 2023 | $8,568 | $597,500 | $62,000 | $535,500 |
| 2022 | $7,483 | $492,000 | $49,600 | $442,400 |
| 2021 | $7,499 | $460,600 | $47,600 | $413,000 |
| 2020 | $5,591 | $328,900 | $44,100 | $284,800 |
| 2019 | $4,914 | $273,000 | $47,200 | $225,800 |
| 2018 | $4,658 | $246,300 | $47,200 | $199,100 |
| 2017 | $4,386 | $228,200 | $47,200 | $181,000 |
| 2016 | $4,314 | $209,300 | $29,300 | $180,000 |
| 2015 | $4,201 | $209,300 | $29,300 | $180,000 |
| 2014 | $4,090 | $209,300 | $29,300 | $180,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Black
-
Richard Jenkins
R
Seller Co-Listing Agent in 2022
Richard Jenkins
Real Broker MA, LLC
3 in this area
148 Total Sales
-
E
Buyer's Agent in 2022
Ernesto Erazo
United Brokers
-
The Riel Estate Team
T
Seller's Agent in 2020
The Riel Estate Team
Keller Williams Pinnacle Central
(508) 213-1285
523 Total Sales
-
Nathan Riel
Seller Co-Listing Agent in 2020
Nathan Riel
Keller Williams Pinnacle Central
(508) 754-3020
185 Total Sales
-
Jean Tse
Buyer's Agent in 2020
Jean Tse
Keller Williams Boston MetroWest
(617) 633-3034
2 in this area
86 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72945598
APN: WORC-000006-000025-000033
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