NOT LISTED FOR SALE

38 May St Worcester, MA 01610

University Park Neighborhood

Estimated Value: $605,000 - $714,277

5 Beds
3 Baths
4,000 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $185,000 $46 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $4,335/month

21 Days on Market

About This Home

As of October 2016

PERFECT PROJECT FOR AN AMBITIOUS CONTRACTOR! This beautiful, spacious Victorian is waiting for a flipper/rehabber to restore its original beauty. The home has many timeless period details, including tall ceilings, charming built-ins and beautiful wood floors throughout. The main house features a wrap-around porch, 3 fireplaces, a huge living room with impeccable built-ins, a formal dining room, a large eat-in updated, cabinet-filled kitchen with granite tile floors and countertops, 3 large bedrooms, 2 full bathrooms, and a large finished room in the attic. The carriage house has an eat-in kitchen, a full bathroom, and a large bedroom. Owner rented both units for a total income of $3,375 when the property was in move-in ready condition. Just minutes from Clark University, downtown Worcester, Union Station, public library, theater, and many other amenities. WILL NOT QUALIFY FOR MOST FINANCINGS. CASH OR REHAB LOANS ONLY. SOLD AS IS. BUYER TO BE RESPONSIBLE FOR SMOKE INSPECTION!

Last Agent to Sell the Property

VI Lai

Coldwell Banker Realty - Worcester License #453012990 Listed on: 07/07/2016

Last Buyer's Agent

James Black

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,093

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, University
  • Flooring: Wood, Tile, Marble, Hardwood
  • Basement: Full
  • Total Levels: 4

Exterior Features

  • Exterior Features: Porch, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:06 B:023 L:00006
  • Zoning: RG-5

Multi Family

  • Total Bedrooms: 5
  • Total Fireplaces: 3
  • Total Floors: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 24, 2016
Sold by
Hussein Emad and Asha Manal
Bought by
Mcreynolds Frank L
Seller's Agent
VI Lai
Coldwell Banker Realty - Worcester
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$657,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,819
Avg. Annual Appreciation
14.63%
Original Mortgage
$357,361
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2004
Sold by
Weirich Claire M and Weirich Ralph J
Bought by
Hussein Emad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Mcreynolds Frank L $185,000 --
Hussein Emad $242,000 --
Hussein Emad $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcreynolds Frank L $330,023
Closed Mcreynolds Frank L $331,251
Closed Mcreynolds Frank L $357,361
Previous Owner Hussein Emad $150,000
Previous Owner Weirich Claire M $55,000
Previous Owner Weirich Ralph J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $185,000 -7.5% $46 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $199,900 -- $50 / 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 $9,093 $689,400 $98,600 $590,800
2024 $8,389 $610,100 $98,600 $511,500
2023 $7,907 $551,400 $85,700 $465,700
2022 $7,663 $503,800 $68,600 $435,200
2021 $6,499 $399,200 $54,900 $344,300
2020 $5,994 $352,600 $54,500 $298,100
2019 $6,635 $368,600 $47,600 $321,000
2018 $6,556 $346,700 $47,600 $299,100
2017 $5,737 $298,500 $47,600 $250,900
2016 $5,899 $286,200 $34,100 $252,100
2015 $5,744 $286,200 $34,100 $252,100
2014 $5,626 $287,900 $34,100 $253,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    VI Lai

    Coldwell Banker Realty - Worcester

    Section Image
  • James Black

    Buyer's Agent in 2016

    James Black

    Real Broker MA, LLC

    (508) 365-3532

    4 in this area

    830 Total Sales

    James Black
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72034197

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000023-000006

Massachusetts Worcester County Worcester 01610 University Park

38 May St, Worcester, MA

This home is located at 38 May St, Worcester, MA 01610 since 07 July 2016 and is currently estimated at $657,819, approximately $164 per square foot. This property was built in 1890. 38 May St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Woodland Academy.

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MLS Property Information Network (MLS PIN) 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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