NOT LISTED FOR SALE

Estimated Value: $599,355 - $680,000

4 Beds
2 Baths
2,772 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $365,000 $132 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,998/month

35 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • 1-minute walk to Waschusett Mountain State Reservation

About This Home

As of January 2020

Great two family rental property with 2 car detached garage, on sought after Lake Ave. district. Across from Lake Park, tennis courts and Lake Park beach, located in one of the best rental areas in Worcester, close to UMASS. Current tenants are TAW. Updated kitchen and baths, vinyl sided, replacement windows, enclosed front porches on 1st and 2nd level, large 15' X 12' enclosed room with laundry fixtures at rear of 1st floor. 26' X 26 detached 2 car garage. Easy access to major Routes 9, 140, I-290 and 495. Interior Photos are of the first floor unit. Only serious buyers to view 2nd floor plus pre qual letter or proof of funds.

Last Agent to Sell the Property

Gerald Belba

Media Realty Group Inc. Listed on: 10/09/2019

Media Realty Group Inc.

Last Buyer's Agent

Cathy Meyer

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,357

Year Built

  • Built in 1930

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Additional Features

  • Window Screens
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number Map 41 / Blk. 001 / Lot 102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,357

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 138.89
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95310
  • Main So: K95001
  • Estimated Sq Ft: 2772.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Frontage: 70.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Patio, Gutters, Screens
  • Foundation: Concrete Block, Fieldstone
  • Foundation Size: 1386

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Sewage District: Worc.
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access

Lot Info

  • Assessments: 250900.00
  • Lot: 102
  • Acre: 0.25
  • Lot Size: 10998.00
  • Page: 63
  • Parcel Number: Map 41 / Blk. 001 / Lot 102
  • Zoning: RL-7
  • Lot Description: Paved Drive, Cleared, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2175
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4745.00
  • Assessor Parcel Number: 1802014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 10, 2020
Sold by
Demma Marie and Demma Arthur
Bought by
Moulin William P
Seller's Agent
Gerald Belba
Media Realty Group Inc.
Buyer's Agent
Cathy Meyer
Coldwell Banker Realty - Worcester
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Current Estimated Value
$642,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,839
Avg. Annual Appreciation
10.10%
Original Mortgage
$310,250
Outstanding Balance
$274,118
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$368,721

Purchase Details

Closed on
Jul 20, 2018
Sold by
Demma Arthur and Demma Marie
Bought by
Demma Marie

Purchase Details

Closed on
Dec 28, 2007
Sold by
Lorusso Ralph Est
Bought by
Demma Arthur and Demma Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moulin William P $365,000 None Available
Demma Marie -- --
Demma Arthur $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moulin William P $310,250
Previous Owner Demma Arthur $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2020 01/16/20 Sold $365,000 -5.2% $132 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $385,000 -- $139 / 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 $7,357 $557,800 $118,800 $439,000
2024 $7,025 $510,900 $118,800 $392,100
2023 $6,585 $459,200 $103,300 $355,900
2022 $6,086 $400,100 $82,600 $317,500
2021 $5,600 $344,000 $66,100 $277,900
2020 $4,784 $281,400 $66,500 $214,900
2019 $4,343 $267,500 $60,200 $207,300
2018 $4,745 $250,900 $60,200 $190,700
2017 $4,551 $236,800 $60,200 $176,600
2016 $4,526 $219,600 $45,700 $173,900
2015 $4,407 $219,600 $45,700 $173,900
2014 $4,291 $219,600 $45,700 $173,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72577771

MLS Property Information Network (MLS PIN)

APN: WORC-000041-000001-000102