NOT LISTED FOR SALE

Estimated Value: $610,000 - $789,000

9 Beds
3 Baths
4,454 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $529,000 $119 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,551/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot

About This Home

As of June 2022

An amazing opportunity to get into the bustling Worcester market. Close to Polar Park, and all the redevelopment the downtown area has to offer. This is perfect for investors, and owner occupants. All units are spacious with 3 bedrooms. Property has been de-leaded. Unit 1 vacant, Unit 2 TAW, Unit 3 leased until 11/22.

Last Agent to Sell the Property

Amanda George

Lamacchia Realty, Inc. Listed on: 05/04/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Rodrigo Azevedo

Pablo Maia Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,923

Year Built

  • Built in 1890

Lot Details

  • 6,627 Sq Ft Lot
  • Corner Lot

Home Design

  • 4,454 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Open Parking

Location

  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,050
  • Assessor Parcel Number M:10 B:011 L:0023A,1771981

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services

Building Details

  • Electric Expense $227
  • Insurance Expense $3,962
  • Operating Expense $16,754
  • Net Operating Income $29,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,923

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4454
  • Stories Total: 6
  • MAIN LO: BB2272
  • LIST PRICE PER Sq Ft: 118.77
  • PRICE PER Sq Ft: 118.77
  • MAIN SO: NB1705

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access

Lot Info

  • Parcel Number: M:10 B:011 L:0023A,1771981
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6627
  • Lot Size Units: Acres
  • PAGE: 50

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7923
  • Tax Book Number: 52391

Multi Family

  • Electric Expense: 227
  • Gross Income: 46200
  • Insurance Expense: 3962
  • Net Operating Income: 29446
  • Number Of Units Total: 3
  • Operating Expense: 16754
  • Total Actual Rent: 4050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • 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
May 4, 2022
Closed on
Jul 7, 2022
Sold by
Cruz Tony
Bought by
Cruz Realty Llc
Seller's Agent
Amanda George
Lamacchia Realty, Inc.
Buyer's Agent
Rodrigo Azevedo
Pablo Maia Realty
List Price
$609,000
Sold Price
$529,000
Premium/Discount to List
-$80,000
-13.14%
Current Estimated Value
$695,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,679
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Jun 3, 2014
Sold by
Pagnini David T
Bought by
Scudder Bay Capital Ll
Source: Public Records

Range of Values:

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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
Cruz Realty Llc -- None Available
Scudder Bay Capital Ll $308,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $529,000 0.0% $119 / Sq Ft
05/12/2022 05/12/22 Price Changed $529,000 -13.1% $119 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $609,000 -- $137 / 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 $10,358 $785,300 $94,600 $690,700
2024 $9,503 $691,100 $94,600 $596,500
2023 $9,113 $635,500 $82,200 $553,300
2022 $7,923 $520,900 $65,800 $455,100
2021 $7,090 $435,500 $52,600 $382,900
2020 $6,520 $383,500 $52,300 $331,200
2019 $5,558 $308,800 $45,600 $263,200
2018 $5,420 $286,600 $45,600 $241,000
2017 $5,064 $263,500 $45,600 $217,900
2016 $4,841 $234,900 $32,700 $202,200
2015 $4,339 $216,200 $32,700 $183,500
2014 $3,816 $195,300 $32,700 $162,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975985

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000011-000023A