NOT LISTED FOR SALE

25 Mechanic St Webster, MA 01570

Estimated Value: $568,000 - $619,000

7 Beds
3 Baths
3,364 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $500,000 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,602/month

7 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Heating Available
  • Wood Flooring
  • Laundry Room
  • 3-minute walk to Dog Park

About This Home

As of April 2023

Income property in Super convenient location. Most major items has been updated in the last 10 years including: roof, siding, windows, 2gas boilers, and 3electrical circuit breaker panels with landlord meter, off street parking/ 2driveways. Each unit has each own electrical meter and hot water tank, City water and sewer. First floor and second floor has gas heat. Tenants are in 2nd and 3rd floor helped with mortgage. First floor just completed remodel and Its ready to move-in. it has a new beautifully hardwood flooring, tile flooring, light fixtures, plumbing fixtures, granite countertops, and freshly painted. Hurry it will not last. Solid building and long term tenants. Group showing only by appointment SAT 3:30-4:30pm

Last Agent to Sell the Property

Van Nguyen

Coldwell Banker Realty - Worcester Listed on: 01/30/2023

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Andrew Craig

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1880

Lot Details

  • 4,788 Sq Ft Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,364 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number 1744819

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Operating Expense $100
  • Net Operating Income $47,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,294

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.25
  • Transaction Broker: 2.25
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full
  • Living Area: 3364
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 141.2
  • PRICE PER Sq Ft: 148.63
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Electric Baseboard,Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 1744819
  • Zoning: MR12
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4788
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3294
  • Tax Book Number: 0

Multi Family

  • Gross Income: 48000
  • Net Operating Income: 47900
  • Number Of Units Total: 3
  • Operating Expense: 100
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Wilson Tommie R and Us Bank Na Tr
Bought by
V & J Llc
Current Estimated Value
$586,028

Purchase Details

Closed on
Oct 20, 2010
Sold by
Wilson Albert M
Bought by
Wilson Tommie R

Purchase Details

Closed on
Dec 26, 2006
Sold by
March Nancy N and March Walter M
Bought by
Wilson Albert M and Wilson Tommie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Cote-Ballaro Jennifer L
Bought by
March Nancy N and March Walter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1999
Sold by
Frankowski Anna and Frankowski Roman
Bought by
Cote Daniel S and Cote Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,350
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1992
Sold by
Gauthier Janet D and Gauthier Diana
Bought by
Frankowski Roman and Frankowski Anna
Source: Public Records

Range of Values:

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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
V & J Llc $271,000 None Available
Wilson Tommie R -- --
Wilson Albert M $219,000 --
March Nancy N $215,000 --
Cote Daniel S $104,500 --
Frankowski Roman $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Albert M $175,200
Previous Owner March Nancy N $172,000
Previous Owner Frankowski Roman $117,000
Previous Owner Frankowski Roman $112,157
Previous Owner Frankowski Roman $104,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $500,000 +5.3% $149 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $475,000 -- $141 / 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 $5,945 $500,400 $48,900 $451,500
2024 $5,863 $481,400 $47,000 $434,400
2023 $3,498 $279,800 $44,800 $235,000
2022 $3,295 $236,000 $43,500 $192,500
2021 $3,132 $207,400 $43,500 $163,900
2020 $2,849 $189,200 $43,500 $145,700
2019 $2,655 $173,200 $43,500 $129,700
2018 $2,442 $158,700 $43,500 $115,200
2017 $2,285 $151,000 $42,600 $108,400
2016 $2,286 $151,000 $42,600 $108,400
2015 $2,173 $148,000 $41,700 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73074446

MLS Property Information Network (MLS PIN)

APN: WEBS-000001-N000000-000012