Kim McKean
Lamacchia Realty, Inc.
(774) 541-2921
98 Total Sales
1 in Elm Park
$232,657 Price
33 William St Worcester, MA 01609
Elm Park Neighborhood
5
Beds
5
Baths
3,376
Sq Ft
3,920
Sq Ft Lot
Highlights
- Medical Services
- Jogging Path
- Shops
- Property is near public transit and schools
- Park
- Coin Laundry
About This Home
As of September 2021Excellent investor opportunity in the highly coveted WPI / Elm Park area!!! This 5 unit building features many upgrades over the past year. Four units have been updated & one unit has a new heating system. Two - 2 bedroom units, One- big 1 bedroom unit & 2 studios / small 1 bedrooms. The vacant 2 BR unit features brand new shaker style cabinets, SS appliances & granite countertops. Much of the charm & character has been preserved in this property & is evident upon opening the front door into the large hallway that showcases the natural woodwork & beautiful main staircase. High ceilings too! There is a small driveway that can accommodate 2 cars tandem (think no big plowing bills!). Tenants pay their own utilities w/ the exception of water & sewer. This could be a great building for anyone needing a property for a 1031 exchange. Great PAYING tenants too! Truly a low maintenance building & a hidden gem. Get in on Worcester's rapidly rising real estate market while you still can!
Last Agent to Sell the Property
The Neighborhood Realty Group Listed on: 07/20/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,522
Year Built
- Built in 1900
Lot Details
- 3,920
Parking
- 2 Car Parking Spaces
Interior Spaces
- 3,376 Sq Ft Home
- Property has 1 Level
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Additional Features
- 3,920 Sq Ft Lot
- Property is near public transit and schools
- Heating Available
Listing and Financial Details
- Total Actual Rent $4,510
- Assessor Parcel Number M:02 B:039 L:00045,1763391
Community Details
Overview
- 5 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $2,900
- Operating Expense $2,900
- Net Operating Income $69,720
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2021
Closed on
Sep 16, 2021
Sold by
Bought by
Seller's Agent
Jackie Painchaud
The Neighborhood Realty Group
Buyer's Agent
David Eldredge
Realty Solutions Inc.
List Price
$659,900
Sold Price
$659,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Outstanding Balance
$359,680
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 16, 2020
Closed on
Nov 19, 2020
Sold by
Bought by
Seller's Agent
Bob Mellen
Century 21 Custom Home Realty
Buyer's Agent
Bob Mellen
Century 21 Custom Home Realty
List Price
$445,900
Sold Price
$440,000
Premium/Discount to List
-$5,900
-1.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.93%
Original Mortgage
$330,000
Interest Rate
2.8%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Elm Park, MA
-
Kim McKean
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
156 Total Sales
1 in Elm Park
$520,000 Price
-
James Kalogeropoulos
James Kalogeropoulos
RE/MAX Partners
(774) 545-8720
84 Total Sales
5 in Elm Park
$520K - $1.5M Price Range
-
Arman Mavai
Arman Mavai
Gibson Sotheby's International Realty
(781) 317-6094
59 Total Sales
1 in Elm Park
$300,000 Price
-
ZhiChao Chen
ZhiChao Chen
SPACE CY REALTY LIMITED
(855) 528-1854
147 Total Sales
1 in Elm Park
$385,000 Price
-
Juliana Danquah
Juliana Danquah
Responds QuicklyXSell Realty, LLC
(774) 515-4040
107 Total Sales
1 in Elm Park
$155,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $659,900 | None Available | ||
| $440,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $404,000 | ||
| Previous Owner | $330,000 | ||
| Closed | $45,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2021 09/16/21 | Sold | $659,900 | 0.0% | $195 / Sq Ft | |
| 07/24/2021 07/24/21 | Pending | -- | -- | -- | |
| 07/20/2021 07/20/21 | For Sale | $659,900 | +50.0% | $195 / Sq Ft | |
| 11/19/2020 11/19/20 | Sold | $440,000 | -1.3% | $130 / Sq Ft | View Prior Sale |
| 08/18/2020 08/18/20 | Pending | -- | -- | -- | |
| 08/16/2020 08/16/20 | For Sale | $445,900 | -- | $132 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,674 | $733,400 | $60,900 | $672,500 |
| 2024 | $8,898 | $647,100 | $60,900 | $586,200 |
| 2023 | $7,612 | $530,800 | $33,200 | $497,600 |
| 2022 | $6,624 | $435,500 | $26,500 | $409,000 |
| 2021 | $6,522 | $400,600 | $21,200 | $379,400 |
| 2020 | $4,869 | $286,400 | $19,700 | $266,700 |
| 2019 | $4,934 | $274,100 | $18,300 | $255,800 |
| 2018 | $4,620 | $244,300 | $18,300 | $226,000 |
| 2017 | $4,307 | $224,100 | $18,300 | $205,800 |
| 2016 | $4,388 | $212,900 | $27,500 | $185,400 |
| 2015 | $4,273 | $212,900 | $27,500 | $185,400 |
| 2014 | $4,160 | $212,900 | $27,500 | $185,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jackie Painchaud
J
Seller's Agent in 2021
Jackie Painchaud
The Neighborhood Realty Group
(774) 253-9354
2 in this area
86 Total Sales
-
David Eldredge
Buyer's Agent in 2021
David Eldredge
Realty Solutions Inc.
(617) 930-4684
1 in this area
8 Total Sales
-
Bob Mellen
Seller's Agent in 2020
Bob Mellen
Century 21 Custom Home Realty
(508) 944-7608
1 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72868588
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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