31 Freeland St Worcester, MA 01603
University Park Neighborhood
12
Beds
3
Baths
4,383
Sq Ft
4,792
Sq Ft Lot
About This Home
As of January 2022Worcester Cash Cow! Property generating $4300/month in rent and the 1% rule met! Each unit features 4 bedrooms, laundry hookups, huge pantry which could easily be converted to a second bathroom, and beautiful hardwood floors throughout. Rents can effortlessly be increased with minor TLC. Brand new roof (2019)
Last Agent to Sell the Property
Benjamin Bern
Centre Realty Group License #449603007 Listed on: 06/04/2020
Last Buyer's Agent
Kenneth Kirk
eXp Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,883
Year Built
- Built in 1905
Additional Features
- Wood Flooring
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:07 B:011 L:00027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2021
Closed on
Jan 26, 2022
Sold by
Cesar Schedler
Bought by
Russell Michael T and Russell Paula J
Seller's Agent
Kenneth Kirk
eXp Realty
Buyer's Agent
Anush Showghi
Berkshire Hathaway HomeServices Warren Residential
List Price
$469,900
Sold Price
$469,000
Premium/Discount to List
-$900
-0.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,778
Avg. Annual Appreciation
10.70%
Original Mortgage
$466,396
Outstanding Balance
$435,611
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$233,167
Purchase Details
Closed on
Jul 21, 2020
Sold by
Eagle Rock Realty Llc
Bought by
Cesar Schedler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 17, 2018
Closed on
Feb 26, 2019
Sold by
Mitchell-Potter Charles B and Potter Charles B
Bought by
Eagle Rock Realty Llc
Seller's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Buyer's Agent
Benjamin Bern
Centre Realty Group
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$266,900
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 17, 2018
Closed on
Jan 6, 2019
Sold by
Lally Eric P and Lally Stacey A
Bought by
Potter Charles B
Seller's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Buyer's Agent
Benjamin Bern
Centre Realty Group
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,900
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2006
Sold by
Oneill Jean M and Oneill Paul X
Bought by
Lally Eric P and Lally Stacey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2003
Sold by
Frost Robert J and Frost Malihe E
Bought by
Oneill Paul X and Oneill Jean M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 2000
Sold by
Shi Bin and Fu Hongning
Bought by
Frost Robert J and Frost Malihe E
Purchase Details
Closed on
Jul 15, 1997
Sold by
Apex Heritage Property
Bought by
Shi Bin and Fu Hongning
Purchase Details
Closed on
Jan 13, 1997
Sold by
Walker Vicki J
Bought by
Apex Heritage Property
Purchase Details
Closed on
Jun 28, 1991
Sold by
Mortimmer Annmarie
Bought by
Walker Vicki J and Raymond Taylor
Similar Home in Worcester, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $475,000 | None Available | |
| Not Resolvable | $415,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $314,000 | None Available | |
| Deed | $307,000 | -- | |
| Deed | $263,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $53,000 | -- | |
| Foreclosure Deed | $50,000 | -- | |
| Foreclosure Deed | $50,000 | -- | |
| Deed | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $466,396 | FHA | |
| Previous Owner | $407,483 | FHA | |
| Previous Owner | $266,900 | New Conventional | |
| Previous Owner | $212,300 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $230,250 | No Value Available | |
| Previous Owner | $230,250 | Purchase Money Mortgage | |
| Previous Owner | $236,800 | No Value Available | |
| Previous Owner | $236,700 | Purchase Money Mortgage | |
| Previous Owner | $114,609 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2022 01/28/22 | Sold | $469,000 | -0.2% | $107 / Sq Ft |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $469,900 | +13.2% | $107 / Sq Ft |
| 11/30/2020 11/30/20 | Sold | $415,000 | -3.3% | $95 / Sq Ft |
| 07/04/2020 07/04/20 | Pending | -- | -- | -- |
| 06/04/2020 06/04/20 | For Sale | $429,000 | +36.6% | $98 / Sq Ft |
| 01/14/2019 01/14/19 | Sold | $314,000 | -3.4% | $72 / Sq Ft |
| 11/24/2018 11/24/18 | Pending | -- | -- | -- |
| 11/12/2018 11/12/18 | For Sale | $324,900 | 0.0% | $74 / Sq Ft |
| 11/09/2018 11/09/18 | Pending | -- | -- | -- |
| 10/17/2018 10/17/18 | For Sale | $324,900 | -- | $74 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,883 | $521,800 | $80,600 | $441,200 |
| 2024 | $6,348 | $461,700 | $80,600 | $381,100 |
| 2023 | $7,222 | $503,600 | $70,100 | $433,500 |
| 2022 | $6,279 | $412,800 | $56,100 | $356,700 |
| 2021 | $5,595 | $343,700 | $44,900 | $298,800 |
| 2020 | $5,153 | $303,100 | $44,500 | $258,600 |
| 2019 | $4,469 | $248,300 | $38,900 | $209,400 |
| 2018 | $4,361 | $230,600 | $38,900 | $191,700 |
| 2017 | $4,080 | $212,300 | $38,900 | $173,400 |
| 2016 | $3,895 | $189,000 | $28,100 | $160,900 |
| 2015 | $3,793 | $189,000 | $28,100 | $160,900 |
| 2014 | $3,693 | $189,000 | $28,100 | $160,900 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2022
Kenneth Kirk
eXp Realty
-
Anush Showghi
Buyer's Agent in 2022
Anush Showghi
Berkshire Hathaway HomeServices Warren Residential
(617) 544-7653
1 in this area
10 Total Sales
-
B
Seller's Agent in 2020
Benjamin Bern
Centre Realty Group
-
Joy Rapsomanikis
Seller's Agent in 2019
Joy Rapsomanikis
HJRealty Group, LLC
(508) 612-4741
1 in this area
54 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72667308
APN: WORC-000007-000011-000027
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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