NOT LISTED FOR SALE

Estimated Value: $764,000 - $828,058

5 Beds
3.5 Baths
3,815 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $675,008 $177 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,827/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 3 Fireplaces
  • Landscaped Professionally
  • Wood Flooring
  • Corner Lot

About This Home

As of November 2022

OFFER DEADLINE SUNDAY, Sept. 25th at 6 p.m.- THIS IS THE ONE ! OWNER OCCUPANTS, INVESTORS AND THOSE BUYERS WHO WANT MORTGAGE HELPERS don't miss this prime corner location on Burncoat Street with plenty of off street private parking with two driveways. Turnkey 3-Family has been beautifully maintained. Income-producing property with large open floor plan, modern kitchen and bath, hardwood floors, high ceilings, recessed lighting, and washer/dryer hook-ups in each unit. Private outdoor space with paver patio for grilling and low-maintenance landscaped grounds. Fully enclosed 2nd egress, new furnaces, new hot water tank, and young roof. 3rd story unit with very good long-term tenant, 2nd story unit with fresh paint and new flooring, both 2nd and 1st unit ready for move-in. Excellent location near I-190, I-290, UMass Medical, area colleges including WPI (one exit down highway), Shrewsbury St. restaurants and shopping plazas.

Last Agent to Sell the Property

Lisa Bradley

Coldwell Banker Realty - Worcester Listed on: 09/22/2022

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Mila Ivanova

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,697

Year Built

  • Built in 1903

Lot Details

  • 0.28 Acre Lot
  • Stone Wall
  • Landscaped Professionally
  • Corner Lot
  • Irregular Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,815 Sq Ft Home
  • 3 Fireplaces

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 11 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,095
  • Rent includes unit 3(water)
  • Assessor Parcel Number M:22 B:006 L:00002,1783243

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path

Building Details

  • Net Operating Income $13,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,697

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1903
  • Dual Variable: Yes
  • 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: Tile,Carpet,Hardwood,Vinyl / VCT, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Cathedral/Vaulted Ceilings), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 2 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo,Office/Den), Unit 3 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Unit 3(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater,Electric Water Heater,Water Heater(Varies Per Unit), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 3 Laundry Room
  • Basement: Full, Walk-Out Access
  • Living Area: 3815
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Professional Landscaping, Garden, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Irregular
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Gas), Unit 2(Hot Water Radiators,Steam,Gas), Unit 3(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
  • Rent Includes: Unit 3(Water)

Lot Info

  • Parcel Number: M:22 B:006 L:00002,1783243
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 11984
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6697

Multi Family

  • Net Operating Income: 13140
  • Number Of Units Total: 3
  • Total Actual Rent: 1095
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 7, 2022
Sold by
Sundberg Carnevale Ft and Carnevale
Bought by
Rabkin Michelle
Seller's Agent
Lisa Bradley
Coldwell Banker Realty - Worcester
Buyer's Agent
Mila Ivanova
Coldwell Banker Realty - Worcester
List Price
$659,900
Sold Price
$675,008
Premium/Discount to List
$15,108
2.29%
Current Estimated Value
$785,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,507
Avg. Annual Appreciation
5.11%
Original Mortgage
$540,000
Outstanding Balance
$521,337
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,178

Purchase Details

Closed on
Aug 21, 2020
Sold by
Carnevale Frank J and Sundberg Kristin L
Bought by
Sundberg Carnevale Ft and Carnevale

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 23, 2016
Sold by
220 Burncoat Street Rt and Forbes
Bought by
Sundberg Kristin
Seller's Agent
Jackie Painchaud
The Neighborhood Realty Group
Buyer's Agent
Gary Margolin
The Apartment Directory
List Price
$309,900
Sold Price
$308,000
Premium/Discount to List
-$1,900
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$292,600
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Forbes Christopher L
Bought by
220 Burncoat St Rt and Forbes

Purchase Details

Closed on
Nov 12, 2004
Sold by
Forbes Christopher L
Bought by
Desmarais James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Ilic Carol E and Ilic Zoran V
Bought by
Forbes Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rabkin Michelle $675,008 None Available
Sundberg Carnevale Ft -- None Available
Carnevale Frank J -- None Available
Sundberg Kristin $308,000 --
220 Burncoat St Rt -- --
220 Burncoat St Rt -- --
Desmarais James A $112,000 --
Desmarais James A $112,000 --
Forbes Christopher L $100,000 --
Forbes Christopher L $365,000 --
Forbes Christopher L $100,000 --
Forbes Christopher L $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabkin Michelle $540,000
Previous Owner Sundberg Kristin $292,600
Previous Owner Desmarais James A $250,000
Previous Owner Forbes Christopher L $273,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2022 11/07/22 Sold $675,008 +2.3% $177 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $659,900 +114.3% $173 / Sq Ft
08/23/2016 08/23/16 Sold $308,000 -0.6% $80 / Sq Ft View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $309,900 -- $80 / 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 $8,293 $628,700 $118,800 $509,900
2024 $8,104 $589,400 $118,800 $470,600
2023 $7,447 $519,300 $103,300 $416,000
2022 $6,697 $440,300 $82,700 $357,600
2021 $5,802 $356,400 $66,200 $290,200
2020 $5,466 $321,500 $66,100 $255,400
2019 $5,670 $315,000 $59,600 $255,400
2018 $5,535 $292,700 $59,600 $233,100
2017 $5,259 $273,600 $59,600 $214,000
2016 $5,115 $248,200 $44,000 $204,200
2015 $4,981 $248,200 $44,000 $204,200
2014 $4,850 $248,200 $44,000 $204,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73031572

MLS Property Information Network (MLS PIN)

APN: WORC-000022-000006-000002