NOT LISTED FOR SALE

Estimated Value: $468,542 - $540,000

6 Beds
3 Baths
2,754 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $425,000 $154 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,467/month

60 Days on Market

Highlights

  • Medical Services
  • Porch
  • Tile Flooring
  • Property is near public transit
  • Shops
  • Coin Laundry

About This Home

As of May 2022

Here is your chance to own one of Worcester's most affordable 3 families on the market! This is an excellent opportunity to build some sweat equity. The units are all very large & feature a living room, dining room, eat-in kitchen, pantry, 2 bedrooms & a full bathroom. Separate utilities, gas heating on the 1st and 2nd units. Located for convenient access to highways and amenities. Minutes from I-290, I-90, Rt 9 Rt 146, and the Mass Pike. Great location, close to colleges such as WPI, Worcester State, and Clark University. Also close to Elm Park and Park Ave. Great opportunity to start investing! This property has lots of potential. Come take a look!

Last Listed By

Luis Martins

RE/MAX Synergy Listed on: 11/18/2021

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • 2,754 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Sump Pump
  • Dirt Floor

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,775
  • Assessor Parcel Number M:02 B:039 L:0016B,1763394

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,495

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Varies Per Unit,Laminate, Unit 1(undefined)
  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 3(Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator,Vent Hood), Unit 3(Range,Refrigerator,Vent Hood), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Sump Pump, Dirt Floor, Unfinished
  • Living Area: 2754
  • Stories Total: 6
  • MAIN LO: AN3531
  • LIST PRICE PER Sq Ft: 141.58
  • PRICE PER Sq Ft: 154.32
  • MAIN SO: AN5781

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Other

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Varies per Unit
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air,Individual), Unit 3(Individual,Space Heater)
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:02 B:039 L:0016B,1763394
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1306.8
  • Lot Size Units: Acres
  • LOT SIZE: 1485
  • PAGE: 136

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4495
  • Tax Book Number: 60341

Multi Family

  • Gross Income: 33300
  • Net Operating Income: 33300
  • Number Of Units Total: 3
  • Total Actual Rent: 2775
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Apr 29, 2019
Sold by
Curiosity Properties Llc
Bought by
Centeio Joseph
Seller's Agent
Julia Acquaah-Harrison
Weichert REALTORS®, Hope & Associates
Buyer's Agent
Bruce Linnehan
Coldwell Banker Realty - Worcester
List Price
$255,900
Sold Price
$240,000
Premium/Discount to List
-$15,900
-6.21%
Total Days on Market
60
Current Estimated Value
$519,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,886
Avg. Annual Appreciation
13.63%
Original Mortgage
$231,990
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2013
Sold by
Zhou Jinghua and Ying Chao Ming
Bought by
Curiosity Props Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Boston Galaxy Inc
Bought by
Ying Chao Ming and Zhou Jinghua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Chao-Ming Zhou Jinghua and Chao-Ming Ying
Bought by
Boston Galaxy Inc

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bergstrom Torbjorn S and Lu Yin-Ying
Bought by
Chao-Ming Zhou Jinghua and Chao-Ming Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Mooradian Arthur
Bought by
Lu Yin Ying and Bergstrom Torbjorn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1993
Sold by
Haddad Douglas E and Country Bank For Svgs
Bought by
Mooradian Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Centeio Joseph $240,000 --
Curiosity Props Llc -- --
Ying Chao Ming -- --
Boston Galaxy Inc -- --
Chao-Ming Zhou Jinghua $120,000 --
Lu Yin Ying $117,000 --
Mooradian Arthur $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jabbar Atheer T $21,239
Open Jabber Atheer T $417,302
Closed Centeio Joseph $231,990
Previous Owner Ying Chao Ming $89,000
Previous Owner Chao-Ming Zhou Jinghua $90,000
Previous Owner Powell Joan L $87,750
Previous Owner Powell Joan L $79,100
Previous Owner Powell Joan L $11,000
Previous Owner Powell Joan L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $425,000 +1.2% $154 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/10/2022 01/10/22 For Sale -- -- --
01/06/2022 01/06/22 Pending -- -- --
12/27/2021 12/27/21 For Sale -- -- --
12/23/2021 12/23/21 Pending -- -- --
12/10/2021 12/10/21 For Sale -- -- --
12/07/2021 12/07/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $419,900 +75.0% $152 / Sq Ft
04/30/2019 04/30/19 Sold $240,000 -6.2% $87 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $255,900 0.0% $93 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $255,900 -- $93 / 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 $6,854 $519,600 $41,300 $478,300
2024 $6,252 $454,700 $41,300 $413,400
2023 $6,016 $419,500 $35,900 $383,600
2022 $5,243 $344,700 $28,700 $316,000
2021 $4,495 $276,100 $23,000 $253,100
2020 $2,972 $174,800 $22,800 $152,000
2019 $2,972 $165,100 $19,900 $145,200
2018 $2,891 $152,900 $19,900 $133,000
2017 $2,698 $140,400 $19,900 $120,500
2016 $2,634 $127,800 $15,900 $111,900
2015 $2,565 $127,800 $15,900 $111,900
2014 $2,497 $127,800 $15,900 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72921407

MLS Property Information Network (MLS PIN)

APN: WORC-000002-000039-000016B