NOT LISTED FOR SALE

Estimated Value: $387,124 - $781,000

9 Beds
3 Baths
4,647 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $186,000 $40 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $3,914/month

110 Days on Market

About This Home

As of September 2015

Large 3 Family with 3 beds each unit!! Good condition throughout with lots of natural woodwork. Oversized units are clean and have many updates including electrical, replacement windows and heating systems. Units clean and bringing in good rents. Laundry in basement. Excellent opportunity for investor, low maintenance!! Close to major routes, and downtown Worcester.

Last Agent to Sell the Property

Hill Team Associates

eXp Realty Listed on: 04/24/2015

eXp Realty

Last Buyer's Agent

Charles Parrilla

Property Investors & Advisors, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,719

Year Built

1898

Lot Details

0

Listing Details

  • Lot Description: Corner, Sloping
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Electric: 100 Amps, Individually Metered
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Tile, Vinyl, Hardwood
  • Basement: Full, Dirt Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Vinyl
  • Exterior Features: Porch, Gutters, Satellite Dish, Stone Wall
  • Foundation: Fieldstone, Brick

Utilities

  • Hot Water: Electric, Tank
  • Utility Connections: for Gas Range, for Electric Range, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:04 B:040 L:00037
  • Zoning: RG-5

Multi Family

  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Sep 11, 2015
Sold by
Gr Rt
Bought by
Ortega Carmen L
Seller's Agent
Hill Team Associates
eXp Realty
Buyer's Agent
Charles Parrilla
Property Investors & Advisors, LLC
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%
Current Estimated Value
$639,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,531
Avg. Annual Appreciation
12.82%
Original Mortgage
$182,631
Outstanding Balance
$109,266
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$530,265

Purchase Details

Closed on
Mar 7, 2011
Sold by
Habibian Arming
Bought by
Gar Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortega Carmen L $186,000 --
Gar Rt $77,000 --
Habibian Arring -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Carmen L $182,631
Previous Owner Habibian Arring $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $186,000 -7.0% $40 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $199,900 -- $43 / 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 $6,719 $509,400 $62,200 $447,200
2024 $6,164 $448,300 $62,200 $386,100
2023 $5,852 $408,100 $49,900 $358,200
2022 $5,088 $334,500 $39,900 $294,600
2021 $5,079 $312,000 $32,000 $280,000
2020 $3,871 $227,700 $32,000 $195,700
2019 $3,931 $218,400 $31,600 $186,800
2018 $3,831 $202,600 $31,600 $171,000
2017 $3,581 $186,300 $31,600 $154,700
2016 $4,015 $194,800 $25,700 $169,100
2015 $3,910 $194,800 $25,700 $169,100
2014 $3,806 $194,800 $25,700 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71823557

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000040-000037