NOT LISTED FOR SALE

3 Bates Ave Worcester, MA 01605

Estimated Value: $467,167 - $573,000

4 Beds
2 Baths
2,358 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $245,000 $104 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,578/month

26 Days on Market

About This Home

As of June 2014

Renovated two family with gleaming hardwood flooring, new appliances, countertops two new boilers and hot water heaters; interior freshly painted. Maintenance free vinyl siding. Large deck for first floor unit. Each unit has washer/dryer hook ups. Two car detached garage. Sellers addendums with P&S. No changes/additions to contract. All offers subject to management approval. Preapproval/Proof of Funds with all offers. Contracts to be signed with 2 days of receipt. No inspections until there is a fully ratified contract. Property must be listed in MLS for 48 hours before seller will look at offers. This asset is offered under Freddie Mac First Look Program thru 4/26/2014. Only owner occupants offers will be considered during this time. Seller offering up to $500 toward a home warranty of buyer's choice for owner occupant offers. Must be written in offer. MUST INCLUDE OFFER SUBMISSION SHEET AND HOMEOWNER AFFIDAVIT WITH OFFER.

Last Listed By

Colleen Altison

Innovative Real Estate Solutions LLC Listed on: 04/07/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,780

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Basement: Full

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:39 B:010 L:004+5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 2, 2014
Sold by
Fhlmc
Bought by
Capasso Christopher and Ortiz Luis
Seller's Agent
Colleen Altison
Innovative Real Estate Solutions LLC
Buyer's Agent
James Kalogeropoulos
RE/MAX Partners
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Total Days on Market
26
Current Estimated Value
$543,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,542
Avg. Annual Appreciation
7.70%
Original Mortgage
$239,824
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2010
Sold by
Healy Lucille R and Lps Default Solutions
Bought by
Fhlmc

Purchase Details

Closed on
May 15, 2007
Sold by
Healy Lucille R
Bought by
Mcpherson Donna G and Healy Lucille R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Capasso Christopher $245,000 --
Fhlmc $100,000 --
Mcpherson Donna G -- --
Healy Lucille R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capasso Christopher $50,000
Open Capasso Christopher $242,864
Closed Capasso Christopher $239,824
Previous Owner Healy Lucille R $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $245,000 -2.0% $104 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $249,900 -- $106 / 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 $6,780 $514,000 $107,900 $406,100
2024 $6,449 $469,000 $107,900 $361,100
2023 $6,026 $420,200 $93,800 $326,400
2022 $5,547 $364,700 $75,100 $289,600
2021 $5,047 $310,000 $60,100 $249,900
2020 $4,733 $278,400 $60,100 $218,300
2019 $4,750 $263,900 $54,000 $209,900
2018 $4,646 $245,700 $54,000 $191,700
2017 $4,426 $230,300 $54,000 $176,300
2016 $4,415 $214,200 $40,900 $173,300
2015 $4,299 $214,200 $40,900 $173,300
2014 $3,967 $203,000 $40,900 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71656756

MLS Property Information Network (MLS PIN)

APN: WORC-000039-000010-000004-000005