NOT LISTED FOR SALE

Estimated Value: $515,751 - $627,000

4 Beds
2 Baths
1,717 Sq Ft
$338/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $240,000 $140 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,653/month

80 Days on Market

About This Home

As of March 2017

Well-maintained two-family property within walking distance to WPI - Elm Park - Newton Hill. First floor two-bedroom unit has hardwood floors throughout, crown molding; remodeled galley kitchen and remodeled bath with tile floor; separate laundry room. Second floor one-bedroom unit is carpeted throughout; remodeled bath; galley kitchen; separate laundry. Driveway parking for 2-3 cars; level back yard; front and rear porches built using mahogany wood. Updated electric panels; 1st floor furnace replaced 2004; roof apx 10 years old. First floor tenant is TAW; 2nd floor tenant has lease through May 2017.

Last Agent to Sell the Property

Erin Zamarro

Coldwell Banker Realty - Worcester Listed on: 09/26/2016

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Mark Balestracci

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,189

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 1244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Public School, University
  • Electric: Circuit Breakers, Individually Metered
  • Basement: Full, Dirt Floor, Concrete Floor
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Oil, Tankless
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:11 B:005 L:00001
  • Zoning: RS-7
  • Lot: 00001

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/15
  • Foundation: IRR
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Mar 1, 2017
Sold by
Richesson Samuel W
Bought by
Bianchi James J
Seller's Agent
Erin Zamarro
Coldwell Banker Realty - Worcester
Buyer's Agent
Mark Balestracci
Lamacchia Realty, Inc.
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$580,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,188
Avg. Annual Appreciation
11.11%
Original Mortgage
$235,653
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2001
Sold by
Murphy Raymond A and Cressy Sarah B
Bought by
Richesso Samuel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1989
Sold by
Renzoni Rex A
Bought by
Murphy Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
10.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bianchi James J $240,000 --
Richesso Samuel W $171,500 --
Murphy Ray $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianchi James J $227,809
Closed Bianchi James J $235,653
Previous Owner Richesson Samuel W $222,500
Previous Owner Richesson Samuel W $252,000
Previous Owner Richesson Samuel W $185,000
Previous Owner Richesson Samuel W $30,000
Previous Owner Murphy Ray $160,000
Previous Owner Murphy Ray $128,600
Previous Owner Murphy Ray $114,000
Closed Murphy Ray $25,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Sold $240,000 -5.8% $140 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/05/2016 11/05/16 Price Changed $254,900 -1.9% $148 / Sq Ft
11/05/2016 11/05/16 For Sale $259,900 0.0% $151 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $259,900 -- $151 / 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 $6,189 $469,200 $118,300 $350,900
2024 $5,943 $432,200 $118,300 $313,900
2023 $5,547 $386,800 $102,900 $283,900
2022 $5,328 $350,300 $82,300 $268,000
2021 $4,407 $270,700 $65,900 $204,800
2020 $4,148 $244,000 $65,900 $178,100
2019 $4,264 $236,900 $59,300 $177,600
2018 $4,181 $221,100 $59,300 $161,800
2017 $3,786 $197,000 $59,300 $137,700
2016 $3,667 $177,900 $43,300 $134,600
2015 $3,570 $177,900 $43,300 $134,600
2014 $3,476 $177,900 $43,300 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72074050

MLS Property Information Network (MLS PIN)

APN: WORC-000011-000005-000001