NOT LISTED FOR SALE

Estimated Value: $623,000 - $769,000

7 Beds
3 Baths
3,009 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $550,000 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,154/month

7 Days on Market

About This Home

As of June 2022

Located in the heart of Worcester just minutes to Polar Park, Canal District, Union Station, Shrewsbury Street, Hospitals and 290. Offering vinyl siding off-street parking, unit 1 has 3 bedrooms & units 2 and 3 have 2 bedrooms per unit. Many updates in the past few years. The electric panels are less than 10 years old, the roof is less than 10 years old, the windows are 15 years old. The long driveway can fit three vehicles. Insulation was upgraded in 2018 for excellent energy savings. Solar for landlord is on roof for savings on electric energy costs. Coin op laundry for additional income Separate Utilities for each Apt. Wonderful house for investors. All Tenants At Will. First Showings at Open House 5/1 11-12:30, 5/2 5:00 - 6:30. Offers due Thursday May, 5th. Seller is Listing Agent and a licensed MA real estate salesperson.

Last Agent to Sell the Property

Eric Safner

Stuart St James, Inc. Listed on: 04/27/2022

Last Buyer's Agent

Juan Marte

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,252

Year Built

  • Built in 1900

Lot Details

  • 5,500 Sq Ft Lot
  • Sloped Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,009 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $4,125
  • Assessor Parcel Number M:01 B:017 L:00022,1762185

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $49,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,252

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Living Area: 3009
  • Stories Total: 6
  • MAIN LO: AC1022
  • MAIN SO: AN6501

Exterior Features

  • Foundation Details: Concrete Perimeter
  • View: City View(s), City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:01 B:017 L:00022,1762185
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5500
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5252

Multi Family

  • Net Operating Income: 49500
  • Number Of Units Total: 3
  • Total Actual Rent: 4125
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 26, 2021
Sold by
Safner Eric A
Bought by
Eric Safner Llc
Seller's Agent
Derik Opdyke
Premier Properties of New England
Buyer's Agent
Eric Safner
Stuart St James, Inc.
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$693,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,944
Avg. Annual Appreciation
14.30%
Original Mortgage
$299,250
Outstanding Balance
$272,888
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,056

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 15, 2021
Sold by
Hwv Realty Llc
Bought by
Safner Eric A
Seller's Agent
Derik Opdyke
Premier Properties of New England
Buyer's Agent
Eric Safner
Stuart St James, Inc.
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$272,888
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,056

Purchase Details

Closed on
Sep 22, 2020
Sold by
Zhang Huimin
Bought by
Hwv Realty Llc

Purchase Details

Closed on
Mar 15, 2016
Sold by
Cheung Jenny and Lever Arthur
Bought by
Zhang Huimin

Purchase Details

Closed on
May 19, 2010
Sold by
Sousa Marcio M
Bought by
Cheung Jenny and Lever Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Rosario Rafael
Bought by
Sousa Marcio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,050
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Mackerron Robert
Bought by
Rosario Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1998
Sold by
Wheeler Marcia A
Bought by
Mackerron Robert

Purchase Details

Closed on
Apr 28, 1993
Sold by
Hoffy James J
Bought by
Burzenski Stanley and Wheeler Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,650
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Eric Safner Llc -- None Available
Safner Eric A $399,000 None Available
Hwv Realty Llc -- None Available
Zhang Huimin $199,000 --
Cheung Jenny $160,000 --
Sousa Marcio M $239,000 --
Rosario Rafael $62,000 --
Mackerron Robert $32,500 --
Burzenski Stanley $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safner Eric A $299,250
Previous Owner Cheung Jenny $128,000
Previous Owner Sousa Marcio M $227,050
Previous Owner Burzenski Stanley $78,300
Previous Owner Burzenski Stanley $19,650
Previous Owner Burzenski Stanley $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $550,000 +4.8% $183 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $524,900 +31.6% $174 / Sq Ft
10/18/2021 10/18/21 Sold $399,000 0.0% $133 / Sq Ft View Prior Sale
08/05/2021 08/05/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $399,000 -- $133 / 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 $6,049 $458,600 $85,400 $373,200
2024 $5,611 $408,100 $85,400 $322,700
2023 $5,577 $388,900 $74,300 $314,600
2022 $5,252 $345,300 $59,400 $285,900
2021 $4,557 $279,900 $47,500 $232,400
2020 $3,834 $225,500 $47,200 $178,300
2019 $3,809 $211,600 $41,200 $170,400
2018 $3,733 $197,400 $41,200 $156,200
2017 $3,513 $182,800 $41,200 $141,600
2016 $3,333 $161,700 $30,100 $131,600
2015 $3,245 $161,700 $30,100 $131,600
2014 $3,160 $161,700 $30,100 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72972714

MLS Property Information Network (MLS PIN)

APN: WORC-000001-000017-000022