NOT LISTED FOR SALE

Estimated Value: $526,000 - $705,000

7 Beds
3 Baths
2,512 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $345,000 $137 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,957/month

85 Days on Market

About This Home

As of August 2019

Great investment property in sought after Shrewsbury St Area* two first floor units with 1-2 bedrooms, tile, granite counters & updated bathrooms* Second level 3-4 bedroom unit* Low maintenance building with great rental income* The building was completely gutted in 2011. New electrical, plumbing, heating, basement footings, and drainage were installed * a new roof in 2018* paved off street parking for 4-5 cars* Great location within walking distance to Parks, Union Station and dozens of Worcester's best restaurants & bars* 2 Miles to Umass Med School*

Last Agent to Sell the Property

David Stead

RE/MAX Partners Listed on: 04/28/2019

RE/MAX Partners

Last Buyer's Agent

Candice Bettencourt

OWN IT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1860

Lot Details

  • Year Round Access

Flooring

  • Wood
  • Tile

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:16 B:034 L:00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,022

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 1800
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 143.31
  • Comp Based On: Net Sale Price
  • Year Built: 1860
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Flooring: Wood, Tile, Varies Per Unit
  • Total Flrs: 4
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: K01272
  • Main So: AN4402
  • Estimated Sq Ft: 2512.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Foundation: Fieldstone, Brick
  • Foundation Size: 1256

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 420
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 218200.00
  • Acre: 0.11
  • Lot Size: 4929.00
  • Page: 42
  • Parcel Number: M:16 B:034 L:00026
  • Zoning: BG-2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Insulated Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 3475
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4126.00
  • Assessor Parcel Number: 1778650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2019
Closed on
Aug 16, 2019
Sold by
Viola Llc
Bought by
Worcester Dev Project 4
Seller's Agent
David Stead
RE/MAX Partners
Buyer's Agent
Candice Bettencourt
OWN IT
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Total Days on Market
85
Current Estimated Value
$600,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,667
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Jan 27, 2014
Sold by
Saleba Wioletta and Parafinowicz Wioletta
Bought by
Viola Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Tomasetta Frances and Chiras David
Bought by
Parafinowicz Wioletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Worcester Dev Project 4 $345,000 --
Viola Llc -- --
Parafinowicz Wioletta $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worcester Dev Project 4 $843,000
Previous Owner Viola Llc $825,000
Previous Owner Viola Llc $138,750
Previous Owner Parafinowicz Wioletta $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $345,000 -4.2% $137 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $360,000 0.0% $143 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/28/2019 04/28/19 For Sale $360,000 -- $143 / 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 $7,022 $532,400 $80,400 $452,000
2024 $6,835 $497,100 $80,400 $416,700
2023 $6,324 $441,000 $69,900 $371,100
2022 $5,689 $374,000 $55,900 $318,100
2021 $4,829 $296,600 $44,800 $251,800
2020 $3,939 $231,700 $44,400 $187,300
2019 $4,070 $226,100 $38,800 $187,300
2018 $4,126 $218,200 $38,800 $179,400
2017 $3,904 $203,100 $38,800 $164,300
2016 $3,800 $184,400 $28,000 $156,400
2015 $3,701 $184,400 $28,000 $156,400
2014 $3,603 $184,400 $28,000 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72489608

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000034-000026