$342,500
SOLD NOV 29, 2018
9 Beds
3 Baths
3,996 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

2% Below List Price

32 Days on Market

About This Home

As of November 2018

Great investment opportunity!!! Motivated Seller!! LOCATION LOCATION! A stone throw from RT 290 and close to the MASS PIKE. Easy access to all Worcester hospitals including U-MASS Memorial, U-MASS Belmont, and Saint Vincents. Close proximity to SHREWSBURY STREET and all it has to offer. Starbucks , Whole Foods, and other amenities including fine dining, retail shops, nightlife establishments, and MORE. Right off the popular Shrewsbury Street Looking for an INVESTMENT property? This property brings in $4,305 in rental income every month!!

Last Agent to Sell the Property

The O'Rourke Group

RE/MAX Prof Associates Listed on: 09/13/2018

Co-Listed By

Paul O'Rourke

The O'Rourke Group Real Estate Professionals

Last Buyer's Agent

Taoufik Fadli

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,294

Year Built

  • Built in 1920

Additional Features

  • Wood Flooring
  • Deck
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:16 B:017 L:00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,294

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 87.34
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Main Lo: K01527
  • Main So: AC2354
  • Estimated Sq Ft: 3996.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Fieldstone, Brick, Granite
  • Foundation Size: ....

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: Worc
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University

Lot Info

  • Assessments: 172100.00
  • Acre: 0.11
  • Lot Size: 4841.00
  • Page: 59
  • Parcel Number: M:16 B:017 L:00007
  • Zoning: RL-7
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 4305
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3254.00
  • Assessor Parcel Number: 1778268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 29, 2018
Sold by
Bombay Llc
Bought by
Rahman Maksuda and Amin Abu
Seller's Agent
The O'Rourke Group
RE/MAX Prof Associates
Buyer's Agent
Taoufik Fadli
RE/MAX Andrew Realty Services
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%
Current Estimated Value
$684,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,628
Avg. Annual Appreciation
11.07%
Original Mortgage
$256,875
Outstanding Balance
$228,498
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$461,237

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 22, 2015
Sold by
Tornatola Rose M Est
Bought by
Bombay Llc
Seller's Agent
Cindy Leinonen
Houseworks Realty
Buyer's Agent
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.50%
Original Mortgage
$78,750
Interest Rate
3.89%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Not Resolvable $342,500 --
Not Resolvable $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,875 Stand Alone Refi Refinance Of Original Loan
Previous Owner $90,000 Stand Alone Second
Previous Owner $78,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $342,500 -1.9% $86 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $349,000 +232.4% $87 / Sq Ft
12/23/2015 12/23/15 Sold $105,000 -8.7% $26 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
11/06/2015 11/06/15 Price Changed $115,000 -17.3% $29 / Sq Ft
10/23/2015 10/23/15 For Sale $139,000 -- $35 / 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 $7,294 $553,000 $79,400 $473,600
2024 $6,717 $488,500 $79,400 $409,100
2023 $6,431 $448,500 $69,000 $379,500
2022 $5,590 $367,500 $55,200 $312,300
2021 $5,954 $365,700 $44,200 $321,500
2020 $5,477 $322,200 $43,900 $278,300
2019 $3,321 $184,500 $38,300 $146,200
2018 $3,254 $172,100 $38,300 $133,800
2017 $3,064 $159,400 $38,300 $121,100
2016 $3,619 $175,600 $27,700 $147,900
2015 $3,524 $175,600 $27,700 $147,900
2014 $3,431 $175,600 $27,700 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72394814

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000017-000007