NOT LISTED FOR SALE

Estimated Value: $505,879 - $664,000

4 Beds
2 Baths
2,632 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $475,000 $180 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,594/month

4 Days on Market

Highlights

  • Wood Flooring
  • Shops
  • Heating Available

About This Home

As of June 2022

OPEN HOUSE IS CANCELLED. A fabulous Burncoat 2 family! Great location. Both units have been recently remodeled with fresh paint, refinished hardwood floors, new kitchen granite counters and cabinets. Each unit has off street parking ( two separate driveways on either side of the building) Both units are vacant and ready for either an owner occupied buyer or an investor. The property has a nice level backyard, generous sized bedrooms, separate basements, young heating systems , hot water tanks and a DELEAD Certificate (which was done in 2009). Roof is approx 12 years old. Nothing needs to be done. Move right in and/or collect rents. Rent given is estimated.

Last Agent to Sell the Property

Kim McCrohon

Coldwell Banker Realty - Worcester Listed on: 05/23/2022

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Ana Ortiz

RE/MAX American Dream License #449594012

RE/MAX American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1941

Lot Details

  • 7,500

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,632 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

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

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Additional Features

  • Bulkhead
  • 7,500 Sq Ft Lot

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $38,400

Listing and Financial Details

  • Total Actual Rent $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,962

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1941
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Upgraded Countertops), Unit 2(Upgraded Cabinets,Upgraded Countertops), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Tank Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Bulkhead
  • Living Area: 2632
  • Stories Total: 4
  • MAIN LO: AN6181
  • MAIN SO: AN4624

Exterior Features

  • Foundation Details: Concrete Perimeter
  • 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
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7500
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4961.5

Multi Family

  • Net Operating Income: 38400
  • Number Of Units Total: 2
  • Total Actual Rent: 3200
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 10, 2022
Sold by
Cao Ft and Cao
Bought by
Ak Prop Investments Llc
Seller's Agent
Kim McCrohon
Coldwell Banker Realty - Worcester
Buyer's Agent
Ana Ortiz
RE/MAX American Dream
List Price
$435,000
Sold Price
$475,000
Premium/Discount to List
$40,000
9.2%
Current Estimated Value
$587,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,970
Avg. Annual Appreciation
6.23%
Original Mortgage
$380,000
Outstanding Balance
$369,680
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,290

Purchase Details

Closed on
Aug 17, 2021
Sold by
Cao Trung M and Cao Hung T
Bought by
Cao Ft and Cao

Purchase Details

Closed on
May 5, 2009
Sold by
Sands Rose A
Bought by
Cao Hung and Cao Trung
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ak Prop Investments Llc $475,000 None Available
Cao Ft -- None Available
Cao Ft -- None Available
Cao Hung $168,000 --
Cao Hung $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ak Prop Investments Llc $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $475,000 +9.2% $180 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $435,000 -- $165 / 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 $6,226 $472,000 $117,700 $354,300
2024 $6,062 $440,900 $117,700 $323,200
2023 $4,972 $346,700 $102,400 $244,300
2022 $4,962 $326,200 $81,900 $244,300
2021 $4,238 $260,300 $65,500 $194,800
2020 $3,704 $217,900 $65,500 $152,400
2019 $3,681 $204,500 $58,900 $145,600
2018 $3,790 $200,400 $58,900 $141,500
2017 $3,809 $198,200 $58,900 $139,300
2016 $3,636 $176,400 $42,900 $133,500
2015 $3,540 $176,400 $42,900 $133,500
2014 $3,447 $176,400 $42,900 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72986503

MLS Property Information Network (MLS PIN)

APN: WORC-000036-000027-000061-000062