$610,000
SOLD OCT 28, 2022
9 Beds
3 Baths
3,861 Sq Ft
6,065 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Marina
  • Medical Services
  • Tennis Courts
  • Golf Course Community
  • Property is near public transit
  • Jogging Path

About This Home

As of October 2022

This Large 3 family with a 4 car garage is ready for its new owners. 3-bed units all in fantastic shape. The home has many updates including cosmetics in each unit and electrical panels and a young roof. The first floor has a 2015 Buderus furnace with forced hot water baseboards, the second and third floors are gas on gas heating. Hardwood floors in each unit with great space in the living/dining room areas. Great access to all of what is so great about Worcester. Close to highways, hospitals the WOOSOX, Railers, and all the new things popping up here in the city. This is a great investment to add to your portfolio or for someone looking to start off. 24 Hour notice is needed as units are fully occupied.

Last Agent to Sell the Property

Spencer Fortwengler

OWN IT Listed on: 08/30/2022

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,603

Year Built

  • Built in 1910

Lot Details

  • 6,065 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,861 Sq Ft Home
  • Insulated Windows
  • Insulated Doors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $5,250
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:18 B:007 L:00041,1780197

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Electric Expense $140
  • Insurance Expense $2,500
  • Water Sewer Expense $1,347
  • Operating Expense $3,987
  • Net Operating Income $59,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,603

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 3861
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN7258
  • LIST PRICE PER Sq Ft: 161.88
  • PRICE PER Sq Ft: 157.99
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Gas), Unit 3(Gas)
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

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

Fee Information

  • Water Sewer Expenses: 1347

Lot Info

  • Parcel Number: M:18 B:007 L:00041,1780197
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6065
  • Lot Size Units: Acres
  • PAGE: 385
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7603
  • Tax Book Number: 63120

Multi Family

  • Electric Expense: 140
  • Gross Income: 63000
  • Insurance Expense: 2500
  • Net Operating Income: 59013
  • Number Of Units Total: 3
  • Operating Expense: 3987
  • Total Actual Rent: 5250
  • 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

Listed on
Jul 29, 2020
Closed on
Aug 25, 2020
Sold by
Bronzo Dennis P and Bronzo Anthony F
Bought by
Worcester Dev Project 7
Seller's Agent
Lee Joseph
Coldwell Banker Realty - Worcester
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$435,000
Sold Price
$483,000
Premium/Discount to List
$48,000
11.03%
Current Estimated Value
$749,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,693
Avg. Annual Appreciation
9.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $483,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $610,000 -2.4% $158 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $625,000 0.0% $162 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $625,000 +29.4% $162 / Sq Ft
08/27/2020 08/27/20 Sold $483,000 +11.0% $125 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $435,000 -- $113 / 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 $9,801 $743,100 $108,600 $634,500
2024 $9,061 $659,000 $108,600 $550,400
2023 $8,694 $606,300 $94,400 $511,900
2022 $7,603 $499,900 $75,500 $424,400
2021 $6,766 $415,600 $60,400 $355,200
2020 $5,457 $321,000 $60,400 $260,600
2019 $4,766 $264,800 $54,300 $210,500
2018 $4,697 $248,400 $54,300 $194,100
2017 $4,449 $231,500 $54,300 $177,200
2016 $4,260 $206,700 $41,000 $165,700
2015 $4,148 $206,700 $41,000 $165,700
2014 $4,039 $206,700 $41,000 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73030519

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000007-000041