NOT LISTED FOR SALE

Estimated Value: $522,943 - $652,000

6 Beds
3 Baths
3,135 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $350,000 $112 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,990/month

35 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Storage Shed

About This Home

As of January 2020

Investors, and Owner Occupied buyers take note. This property is turn key, and fully rented. This large, and well kept three family is tucked off Grafton St, on a quiet lot. Only minutes from downtown Worcester, the Canal District, Shrewsbury st, and has many amenities nearby. This property needs only minor cosmetic upgrades to maximize it's rent potential. The rents are below the average in the area, and 2/3 tenants are MTM. Second floor is a long time tenant, who's lease ends early spring 2020. The total average rents in the area would be around $3k per month for this building.

Last Listed By

Optima Real Estate Advisors

Coldwell Banker Realty - Worcester Listed on: 10/21/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,925

Year Built

  • Built in 1910

Lot Details

  • 5,227

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Enclosed patio or porch
  • Storage Shed
  • Rain Gutters

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:38 B:001 L:00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,925

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 113.21
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Dirt Floor, Concrete Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: K01272
  • Estimated Sq Ft: 3135.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Gas Range

Schools

  • Elementary School: Rice
  • Middle School: Grafton St
  • High School: North

Lot Info

  • Assessments: 280100.00
  • Acre: 0.12
  • Lot Size: 5118.00
  • Page: 227
  • Parcel Number: M:38 B:001 L:00002
  • Zoning: RL-7
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 3000
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5042.00
  • Assessor Parcel Number: 1796306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 1999
Sold by
Bloom Jane and Sutherland Mary
Bought by
Dahlgren Sheila M
Total Days on Market
35
Current Estimated Value
$609,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,137
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

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
Dahlgren Sheila M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roche Dylan J $111,091
Open Roche Dylan J $343,660
Closed Chetwynd Alexander J $252,345
Closed Dahlgren Sheila M $132,000
Closed Dahlgren Sheila M $28,000
Closed Dahlgren Sheila M $108,000
Closed Dahlgren Sheila M $105,000
Closed Dahlgren Sheila M $97,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $350,000 -1.4% $112 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $354,900 -2.7% $113 / Sq Ft
10/21/2019 10/21/19 For Sale $364,900 +42.0% $116 / Sq Ft
09/01/2017 09/01/17 Sold $257,000 -0.8% $82 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $259,000 -- $83 / 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 $6,925 $525,000 $99,000 $426,000
2024 $6,424 $467,200 $99,000 $368,200
2023 $6,135 $427,800 $86,100 $341,700
2022 $5,330 $350,400 $68,900 $281,500
2021 $5,431 $333,600 $55,200 $278,400
2020 $5,037 $296,300 $55,100 $241,200
2019 $5,042 $280,100 $49,600 $230,500
2018 $3,833 $202,700 $49,600 $153,100
2017 $3,617 $188,200 $49,600 $138,600
2016 $3,413 $165,600 $36,900 $128,700
2015 $3,324 $165,600 $36,900 $128,700
2014 $3,236 $165,600 $36,900 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72582926

MLS Property Information Network (MLS PIN)

APN: WORC-000038-000001-000002