24 Hampden St Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $624,000 - $800,000
7
Beds
3
Baths
3,108
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit
- Corner Lot
- Shops
About This Home
As of August 2023Situated in the perfect location on a corner lot in the heart of WPI (Worcester Polytechnic Institute), Elm Park, WSU, Assumption College and surrounded by fabulous restaurants, this is an amazing opportunity for any investor looking to start, or add to, their portfolio. This lucrative three family property is completely vacant, newly updated, and turn-key! The first and second floor include spacious 3-bedroom units, both featuring laundry hookups and fresh paint. The third floor boasts a sun-filled 1-bedroom unit with an eat-in kitchen and fresh paint. All apartments feature wood flooring and are move-in ready. Some updates include a NEW ROOF, newly hardwired smoke/CO detectors, as well as fire sprinkler system throughout, new 3rd floor dormer, rear egress updated, expanded driveway for extra parking (see attached), updated electrical. Close to restaurants, entertainment, shopping, museums, Polar Park, UMASS, all major routes with easy access to 290, 190, 495, and Mass pike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,623
Year Built
- Built in 1890
Lot Details
- 7,497 Sq Ft Lot
- Corner Lot
Home Design
- 3,108 Sq Ft Home
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Washer and Dryer Hookup
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Natural Gas Connected
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $5,500
- Rent includes unit 1(none), unit 2(none), unit 3(none)
- Assessor Parcel Number M:02 B:045 L:00139,1763604
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $66,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2001
Sold by
Buck Richard
Bought by
Vanstephoudt Theodor J
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanstephoudt Theodor J | $190,000 | -- | |
| Vanstephoudt Theodor J | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dj Homes Llc | $400,000 | |
| Closed | Dj Homes Llc | $400,000 | |
| Closed | Vanstephoudt T J | $181,730 | |
| Closed | Vanstephoudt Theodor J | $142,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2023 08/24/23 | Sold | $715,000 | +6.7% | $230 / Sq Ft |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $669,900 | +78.6% | $216 / Sq Ft |
| 02/22/2023 02/22/23 | Sold | $375,000 | -6.0% | $121 / Sq Ft |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- |
| 01/04/2023 01/04/23 | For Sale | $399,000 | -- | $128 / 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 | $9,469 | $717,900 | $97,700 | $620,200 |
| 2024 | $5,990 | $435,600 | $97,700 | $337,900 |
| 2023 | $5,623 | $392,100 | $85,000 | $307,100 |
| 2022 | $5,187 | $341,000 | $68,000 | $273,000 |
| 2021 | $4,775 | $293,300 | $54,400 | $238,900 |
| 2020 | $4,476 | $263,300 | $54,000 | $209,300 |
| 2019 | $4,473 | $248,500 | $47,100 | $201,400 |
| 2018 | $4,378 | $231,500 | $47,100 | $184,400 |
| 2017 | $4,171 | $217,000 | $47,100 | $169,900 |
| 2016 | $4,130 | $200,400 | $33,300 | $167,100 |
| 2015 | $4,022 | $200,400 | $33,300 | $167,100 |
| 2014 | $3,916 | $200,400 | $33,300 | $167,100 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Clark
Seller's Agent in 2023
Melissa Clark
Coldwell Banker Realty - Northborough
(508) 735-1267
1 in this area
43 Total Sales
-
Javier Velez
J
Seller's Agent in 2023
Javier Velez
Javier Velez
(774) 230-3840
2 in this area
25 Total Sales
-
Tony Economou
Buyer's Agent in 2023
Tony Economou
Re/Max Vision
(508) 868-2759
1 in this area
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73140709
APN: WORC-000002-000045-000139
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