NOT LISTED FOR SALE

Estimated Value: $641,834 - $726,000

9 Beds
3 Baths
3,897 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $535,000 $137 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,516/month

32 Days on Market

About This Home

As of August 2021

Welcome to this Turn key 3 family in the heart of Worcester Ready for its new owner! Located within 5 mins to the new Polar Park, train station, many new restaurants and shopping. Great investment property or owner occupant option. 2nd and 3rd unit have deleaded certificates. Brand new decks, updated bathrooms, updated electrical. 2 parking spaces for each unit. The roof within 10 years old. All three units are currently occupied with great tenants. Open House June 6th from 2pm to 4pm.

Last Agent to Sell the Property

Carmen Vega

Rey Realty Group Listed on: 05/13/2021

Last Buyer's Agent

Laxmi Khanal

StartPoint Realty

StartPoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,897 Sq Ft Home
  • Storage

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $4,050
  • Assessor Parcel Number M:08 B:037 L:00003,1770356

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Storage
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3897
  • Stories Total: 6
  • MAIN LO: AN4453
  • LIST PRICE PER Sq Ft: 140.88
  • PRICE PER Sq Ft: 137.29
  • MAIN SO: AN5454

Exterior Features

  • Foundation Details: Stone
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:08 B:037 L:00003,1770356
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6111
  • PAGE: 76

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5766
  • Tax Book Number: 61387

Multi Family

  • Gross Income: 48600
  • Net Operating Income: 48600
  • Number Of Units Total: 3
  • Total Actual Rent: 4050
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 20, 2021
Sold by
Nguyen Dung and Ton Linda
Bought by
Shrestha Sangam
Seller's Agent
Carmen Vega
Rey Realty Group
Buyer's Agent
Laxmi Khanal
StartPoint Realty
List Price
$524,000
Sold Price
$535,000
Premium/Discount to List
$11,000
2.1%
Total Days on Market
32
Current Estimated Value
$697,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,959
Avg. Annual Appreciation
7.06%
Original Mortgage
$525,309
Outstanding Balance
$482,792
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$214,253

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 28, 2019
Sold by
Lambkin Alan A
Bought by
Nguyen Dung
Seller's Agent
Mike Duran
Limitless Real Estate Group, LLC
Buyer's Agent
Kimberly Dao
Keller Williams Pinnacle Central
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.96%
Original Mortgage
$356,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jun 10, 2014
Sold by
Katz Aaron S and Cestone James D
Bought by
Lambkin Alan A
Seller's Agent
The Devries Team
DeVries Dolber Realty, LLC
Buyer's Agent
Pamela Sarafin
Coldwell Banker Realty - Northborough
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$149,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Nguyen Long T and Luu Joe D
Bought by
Katz Aaron S and Cestone James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,720
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2008
Sold by
Wells Fargo Bk and Us Bk
Bought by
Luu Joe D and Nguyen Long T

Purchase Details

Closed on
Jul 16, 2008
Sold by
Bustamante Maria E and Banc Of America Fundin
Bought by
Banc Of America Fundin and Us Bk

Purchase Details

Closed on
Feb 15, 2007
Sold by
Galindo Gloria M and Galindo Melvin G
Bought by
Bustamante Maria E

Purchase Details

Closed on
Nov 10, 2005
Sold by
Deutsche Bk Natl T Co
Bought by
Galindo Gloria M and Galindo Melvin G

Purchase Details

Closed on
Sep 30, 1994
Sold by
White Phyllis
Bought by
Bastien Norman and Bastien Karen
Source: Public Records

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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
Shrestha Sangam $535,000 None Available
Nguyen Dung $375,000 --
Lambkin Alan A $199,000 --
Katz Aaron S $205,900 --
Katz Aaron S $205,900 --
Luu Joe D $82,000 --
Luu Joe D $82,000 --
Banc Of America Fundin $176,250 --
Banc Of America Fundin $176,250 --
Bustamante Maria E $350,000 --
Bustamante Maria E $350,000 --
Galindo Gloria M $293,000 --
Galindo Gloria M $293,000 --
Bastien Norman $67,000 --
Bastien Norman $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrestha Sangam $525,309
Closed Shrestha Sangam $525,309
Previous Owner Nguyen Dung $356,250
Previous Owner Lambkin Alan A $149,000
Previous Owner Katz Aaron S $164,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $535,000 -2.6% $137 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/11/2021 06/11/21 Price Changed $549,000 +4.8% $141 / Sq Ft
05/11/2021 05/11/21 For Sale $524,000 +39.7% $134 / Sq Ft
11/07/2019 11/07/19 Sold $375,000 +7.2% $96 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $349,900 +75.8% $90 / Sq Ft
06/10/2014 06/10/14 Sold $199,000 -7.4% $51 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
07/12/2013 07/12/13 For Sale $215,000 -- $55 / 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 $8,155 $618,300 $90,500 $527,800
2024 $7,520 $546,900 $90,500 $456,400
2023 $7,203 $502,300 $78,700 $423,600
2022 $6,268 $412,100 $62,900 $349,200
2021 $5,766 $354,200 $50,300 $303,900
2020 $4,582 $269,500 $50,000 $219,500
2019 $4,207 $233,700 $43,600 $190,100
2018 $4,132 $218,500 $43,600 $174,900
2017 $3,898 $202,800 $43,600 $159,200
2016 $3,720 $180,500 $32,000 $148,500
2015 $3,623 $180,500 $32,000 $148,500
2014 $3,527 $180,500 $32,000 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72830731

MLS Property Information Network (MLS PIN)

APN: WORC-000008-000037-000003