31 Malvern Rd Worcester, MA 01610
Pakachoag NeighborhoodEstimated Value: $486,000 - $550,000
4
Beds
2
Baths
1,958
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Deck
- Balcony
- Porch
About This Home
As of December 2018Don't miss out on this one! This turn key investment property features sun-drenched two bedroom (plus office) apartments with endless updates. Newer electric including landlord meter, newer heating systems, new paint, newer windows, updated kitchen and bath, laundry in unit, blown in insulation, gleaming hardwood floors, large backyard, nice decks for each unit plus a balcony for the top unit. Both units currently rented. Rent could be increased. Tenants pay all utilities. Landlord only pays real estate tax, snow removal, and water/sewer. Property comes with 2nd buildable lot in back! OPEN HOUSE 7/22 12-2PM. Please try to attend open house as you will be able to see both units. See you Sunday!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,202
Year Built
- Built in 1920
Lot Details
- 0.43
Outdoor Features
- Balcony
- Deck
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:26 B:015 L:00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2018
Closed on
Dec 6, 2018
Sold by
Hilltop Group Holdings
Bought by
Glazomitsky Mikhail
Seller's Agent
Tom DeCarlo
Real Broker MA, LLC
Buyer's Agent
Tom DeCarlo
Real Broker MA, LLC
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Total Days on Market
94
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
$229,787
Avg. Annual Appreciation
10.51%
Original Mortgage
$213,750
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2014
Sold by
1213 Main Holdings Llc
Bought by
Hilltop Group Holdings
Purchase Details
Closed on
Aug 29, 2014
Sold by
Kamins Matthew and Banciulescu Laurian
Bought by
1213 Main Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
4.18%
Purchase Details
Closed on
Jul 21, 2014
Sold by
1213 Main Holdings Llc
Bought by
Kamins Matthew and Banciulescu Laurian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
4.18%
Purchase Details
Closed on
Nov 16, 2010
Sold by
Banciulescu Laurian and Kamins Matthew
Bought by
1213 Main Holdings Llc
Purchase Details
Closed on
Aug 11, 2010
Sold by
Lund Tr Cynthia L and Lund Christopher E
Bought by
Banciulescu Laurian and Kamins Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 25, 2002
Sold by
Thomas&Gloria Rt and Neilson Donna
Bought by
Heritage Rt and Lund Cynthia L
Purchase Details
Closed on
Dec 20, 1999
Sold by
Consiglio Laurence and Consiglio Cynthia A
Bought by
Christo Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 1997
Sold by
Feigin Selma G and Feigin Franklin
Bought by
Christo Peter C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glazomitsky Mikhail | $285,000 | -- | |
| Hilltop Group Holdings | -- | -- | |
| 1213 Main Holdings Llc | -- | -- | |
| Kamins Matthew | -- | -- | |
| 1213 Main Holdings Llc | -- | -- | |
| Banciulescu Laurian | $135,000 | -- | |
| Heritage Rt | $245,000 | -- | |
| Christo Peter | $90,000 | -- | |
| Christo Peter C | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glazomitskiy Mikhail | $223,500 | |
| Closed | Glazomitsky Mikhail | $216,500 | |
| Closed | Glazomitsky Mikhail | $213,750 | |
| Previous Owner | Kamins Matthew | $87,500 | |
| Previous Owner | Banciulescu Laurian | $101,250 | |
| Previous Owner | Lund Christopher E | $200,000 | |
| Previous Owner | Christo Peter C | $60,200 | |
| Previous Owner | Christo Peter C | $38,500 | |
| Closed | Christo Peter C | $8,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2018 12/10/18 | Sold | $285,000 | -1.7% | $146 / Sq Ft |
| 10/18/2018 10/18/18 | Pending | -- | -- | -- |
| 08/22/2018 08/22/18 | Price Changed | $289,900 | -3.3% | $148 / Sq Ft |
| 07/16/2018 07/16/18 | For Sale | $299,900 | -- | $153 / 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 | $6,202 | $470,200 | $99,000 | $371,200 |
| 2024 | $5,899 | $429,000 | $99,000 | $330,000 |
| 2023 | $5,509 | $384,200 | $86,100 | $298,100 |
| 2022 | $5,068 | $333,200 | $68,900 | $264,300 |
| 2021 | $4,562 | $280,200 | $55,100 | $225,100 |
| 2020 | $4,269 | $251,100 | $54,600 | $196,500 |
| 2019 | $3,814 | $211,900 | $48,000 | $163,900 |
| 2018 | $3,735 | $197,500 | $48,000 | $149,500 |
| 2017 | $3,563 | $185,400 | $48,000 | $137,400 |
| 2016 | $2,467 | $119,700 | $35,200 | $84,500 |
| 2015 | $2,402 | $119,700 | $35,200 | $84,500 |
| 2014 | $2,339 | $119,700 | $35,200 | $84,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tom DeCarlo
Seller's Agent in 2018
Tom DeCarlo
Real Broker MA, LLC
(781) 858-5124
434 Total Sales
-
T
Seller Co-Listing Agent in 2018
Timothy Pratt
eXp Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72362822
APN: WORC-000026-000015-000011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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