NOT LISTED FOR SALE

Estimated Value: $650,000 - $693,000

6 Beds
3 Baths
2,854 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $315,000 $110 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,292 / mo

12 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near golf course, public transit, and schools
  • Park
  • Coin Laundry

About This Home

As of July 2022

Stop what you are doing & check out this WORCESTER 3 FAMILY HOME at an unheard of price in today's market!!! YES this building needs work but with its proximity to UMASS & Shrewsbury St the opportunity to add value here is endless! All units are a nice size & feature a great layout. Two floors are vacant & will remain vacant at closing. The top unit has beautiful hardwood floors and gets great natural light but needs a kitchen and cosmetic work throughout. The middle unit is rented & shows great. The bottom floor needs cosmetics. Lots of new electrical has been done recently. This building is best suited for a cash buyer, or a rehab loan, private lender, etc. Definitely not a candidate for FHA, VA or standard conventional. You may not have another opportunity this year to purchase al 3 family home in Worcester at this price. Don't miss it! Sold as-is. Easy to show.

Last Agent to Sell the Property

Jackie Painchaud

The Neighborhood Realty Group Listed on: 05/06/2022

The Neighborhood Realty Group

Last Buyer's Agent

Sam Kiwanuka

Cameron Real Estate Group

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1923

Lot Details

  • 5,000

Home Design

  • 2,854 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 5,000 Sq Ft Lot
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Total Actual Rent $900
  • Assessor Parcel Number M:16 B:037 L:00009,1778673

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,058

Year Built

Built in 1923

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1923
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • 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
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2854
  • Stories Total: 6
  • MAIN LO: AN6800
  • MAIN SO: AC0756

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University

Lot Info

  • Parcel Number: M:16 B:037 L:00009,1778673
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4058

Multi Family

  • Net Operating Income: 10800
  • Number Of Units Total: 3
  • Total Actual Rent: 900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Bought by
Current Estimated Value
$680,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Outstanding Balance
$347,615
Interest Rate
6.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$333,276

Purchase Details

Closed on
Apr 29, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,800
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Jackie Painchaud
The Neighborhood Realty Group
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.73%
Original Mortgage
$402,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
-- None Available
$315,000 None Available
$240,000 --
$240,000 --
$248,000 --
$248,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $354,000
Closed $354,000
Previous Owner $337,800
Previous Owner $402,000
Previous Owner $192,000
Previous Owner $198,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $315,000 -7.4% $110 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $340,000 -- $119 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,253 $549,900 $81,200 $468,700
2024 $6,685 $486,200 $81,200 $405,000
2023 $4,675 $326,000 $70,600 $255,400
2022 $4,058 $266,800 $56,500 $210,300
2021 $2,774 $170,400 $45,200 $125,200
2020 $2,608 $153,400 $44,900 $108,500
2019 $2,572 $142,900 $39,200 $103,700
2018 $2,538 $134,200 $39,200 $95,000
2017 $2,408 $125,300 $39,200 $86,100
2016 $2,230 $108,200 $28,300 $79,900
2015 $2,172 $108,200 $28,300 $79,900
2014 $2,114 $108,200 $28,300 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72977553

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000037-000009

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