M
Seller's Agent in 2022
Michael Fagbote
Media Realty Group Inc.
(401) 286-2069
38 Shelby St Worcester, MA 01605
Shrewsbury Street NeighborhoodEstimated Value: $407,643 - $549,000
5
Beds
2
Baths
2,567
Sq Ft
$190/Sq Ft
Est. Value
About This Home
As of May 2022*All Offers are due by Monday at 5:00 PM.* Perfect investment or owner-occupant opportunity to own a large two family in Worcester! The first floor unit offers kitchen, living room, dining room, three bedrooms, full bath and a bonus room (used as a laundry room). The second floor unit offers kitchen, living room, 2 bedrooms, bonus room (used as a Br) and full bath. Very easy access to 290 and close to UMASS and Shrewsbury street. First floor will be delivered vacant, perfect to move in and house hack or bring up to market rent! SOLD "AS IS".
Last Listed By
Michael Fagbote
Media Realty Group Inc. Listed on: 03/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,062
Year Built
- Built in 1890
Lot Details
- 4,792 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,567 Sq Ft Home
- Property has 1 Level
- Partial Basement
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Heating Available
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $33,000
Listing and Financial Details
- Total Actual Rent $2,750
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:01 B:032 L:00018,1762479
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2015
Closed on
Jan 6, 2016
Sold by
Evangelista Sirlei
Bought by
Fagbote Michael K
Seller's Agent
Jose Natal Goncalves
Mega Realty Services
Buyer's Agent
Kenneth Davis
Omni Realty Associates, LLC
List Price
$229,000
Sold Price
$166,000
Premium/Discount to List
-$63,000
-27.51%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,661
Avg. Annual Appreciation
12.21%
Original Mortgage
$130,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2015
Sold by
Eh Pooled Investments
Bought by
Visio Financial Servic
Purchase Details
Listed on
May 31, 2012
Closed on
Nov 26, 2012
Sold by
Bank Of New York Mello
Bought by
Eh Pooled Inv Lp
Seller's Agent
Brian O'Neil
RE/MAX Vision
Buyer's Agent
Brian O'Neil
RE/MAX Vision
List Price
$68,300
Sold Price
$42,788
Premium/Discount to List
-$25,513
-37.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
Purchase Details
Closed on
Oct 13, 2011
Sold by
Sejour Marie
Bought by
Bank Of New York Mello
Purchase Details
Closed on
Sep 11, 2006
Sold by
Pierre Johnson and Sejour Marie
Bought by
Pierre Alexandra and Pierre Johnson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 2005
Sold by
Maconi Aileen C
Bought by
Pierre Johnson and Sejour Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 1992
Sold by
Mcginnis Paul and Mcginnis Doreen
Bought by
Maconi Aileen and Maconi Roger
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
8.66%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fagbote Michael K | $166,000 | -- | |
| Evangelista Sirlei | $58,000 | -- | |
| Visio Financial Servic | -- | -- | |
| Eh Pooled Inv Lp | $42,788 | -- | |
| Bank Of New York Mello | $92,205 | -- | |
| Pierre Alexandra | -- | -- | |
| Pierre Johnson | $280,000 | -- | |
| Maconi Aileen | $101,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fagbote Michael K | $200,000 | |
| Closed | Fagbote Michael K | $130,000 | |
| Previous Owner | Pierre Alexandra | $289,750 | |
| Previous Owner | Pierre Johnson | $224,000 | |
| Previous Owner | Pierre Johnson | $56,000 | |
| Previous Owner | Mcginnis Paul E | $78,000 | |
| Previous Owner | Mcginnis Paul E | $7,900 | |
| Previous Owner | Mcginnis Paul E | $80,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2022 05/03/22 | Sold | $450,000 | +12.5% | $175 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $399,900 | +140.9% | $156 / Sq Ft |
| 01/06/2016 01/06/16 | Sold | $166,000 | -27.5% | $65 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 07/11/2015 07/11/15 | For Sale | $229,000 | +435.2% | $89 / Sq Ft |
| 11/26/2012 11/26/12 | Sold | $42,788 | -37.4% | $17 / Sq Ft |
| 10/27/2012 10/27/12 | Pending | -- | -- | -- |
| 05/31/2012 05/31/12 | For Sale | $68,300 | -- | $27 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,323 | $403,600 | $81,300 | $322,300 |
| 2024 | $5,071 | $368,800 | $81,300 | $287,500 |
| 2023 | $4,738 | $330,400 | $70,700 | $259,700 |
| 2022 | $4,587 | $301,600 | $56,600 | $245,000 |
| 2021 | $4,062 | $249,500 | $45,300 | $204,200 |
| 2020 | $3,774 | $222,000 | $44,900 | $177,100 |
| 2019 | $3,884 | $215,800 | $39,200 | $176,600 |
| 2018 | $3,778 | $199,800 | $39,200 | $160,600 |
| 2017 | $3,556 | $185,000 | $39,200 | $145,800 |
| 2016 | $3,557 | $172,600 | $28,300 | $144,300 |
| 2015 | $3,464 | $172,600 | $28,300 | $144,300 |
| 2014 | $3,373 | $172,600 | $28,300 | $144,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Belmira Mendes
Buyer's Agent in 2022
Belmira Mendes
Weichert REALTORS®, Hope & Associates
(774) 535-7814
1 in this area
65 Total Sales
-
Jose Natal Goncalves
Seller's Agent in 2016
Jose Natal Goncalves
Mega Realty Services
(508) 889-1095
118 Total Sales
-
Kenneth Davis
K
Buyer's Agent in 2016
Kenneth Davis
Omni Realty Associates, LLC
(508) 847-2207
1 in this area
10 Total Sales
-
Brian O'Neil
Seller's Agent in 2012
Brian O'Neil
Re/Max Vision
(508) 335-9128
84 Total Sales
Map
Similar Homes in Worcester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72949887
APN: WORC-000001-000032-000018
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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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