NOT LISTED FOR SALE

Estimated Value: $655,517 - $724,000

5 Beds
3.5 Baths
3,710 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $635,000 $171 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,172/month

34 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Screened Porch
  • Property is near public transit and schools
  • 3 Fireplaces
  • Home Office

About This Home

As of October 2024

Burncoat: 3-Unit Multi-family Property. First time on the market in over 60 years! First floor is 2 BR / 1.5 BA with hardwood floors in living room and dining room; eat-in kitchen; w/d hookups; wide front porch and rear deck for outdoor enjoyment. Second floor is 2 BR / 1 BA with hardwood floors in living room and dining room; eat-in kitchen; w/d hookups; front porch is spacious and screened. Third floor is 1 BR / 1 BA with living room, den and galley kitchen; a large dormer makes this unit spacious. Charming built-ins and wood trim found throughout this property. Gas boiler 2019. Garage with 3 bays at rear of property with new rubber roof. Located close to I-290 & I-190. Close to major employers such as UMass Medical and Hanover Insurance. North Park located at the end of the street. Close to shopping, services, public transportation and public schools. Showings by appointment; all units occupied.

Last Agent to Sell the Property

Erin Zamarro

Coldwell Banker Realty - Worcester Listed on: 08/02/2024

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Luz Gonzalez

Harmony Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Year Built

  • Built in 1924

Lot Details

  • 5,640

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,710 Sq Ft Home
  • Ceiling Fan
  • 3 Fireplaces
  • Insulated Windows
  • Living Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • Deck
  • 5,640 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,500
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water)
  • Legal Lot and Block 00023 / 026
  • Assessor Parcel Number M:22 B:026 L:00023,1783520

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park

Building Details

  • Water Sewer Expense $595
  • Operating Expense $7,788
  • Net Operating Income $36,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1924
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Carpet, Varies, Hardwood
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Concrete, Unfinished
  • Living Area: 3710
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN8045

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Screened, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Cooling: Wall Unit(s)
  • Heating: Steam
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 595

Lot Info

  • Parcel Number: M:22 B:026 L:00023,1783520
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5640
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6997
  • Tax Block: 026
  • Tax Lot: 00023

Multi Family

  • Net Operating Income: 36674
  • Number Of Units Total: 3
  • Operating Expense: 7788
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 23, 2024
Sold by
Johnson Neil B and Gurnick James E
Bought by
Gaviria Luis
Seller's Agent
Erin Zamarro
Coldwell Banker Realty - Worcester
Buyer's Agent
Luz Gonzalez
Harmony Homes Realty
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Views
1147
Current Estimated Value
$688,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,629
Avg. Annual Appreciation
6.65%
Original Mortgage
$603,250
Outstanding Balance
$594,882
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,747

Purchase Details

Closed on
May 12, 2021
Sold by
Johnson Neil B and Johnson Leonard H
Bought by
Johnson Neil B and Gurnick James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Johnson Niel B
Bought by
Johnson Niel B and Johnson Leonard H

Purchase Details

Closed on
Dec 6, 1995
Sold by
Johnson Leonard and Johnson Shirlee
Bought by
Johnson Neil B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaviria Luis $635,000 None Available
Johnson Neil B -- None Available
Johnson Neil B -- None Available
Johnson Neil B -- None Available
Johnson Niel B -- --
Johnson Niel B -- --
Johnson Niel B -- --
Johnson Neil B $60,000 --
Johnson Neil B $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaviria Luis $603,250
Previous Owner Johnson Neil B $110,000
Previous Owner Johnson Neil B $20,000
Previous Owner Johnson Neil B $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $635,000 -2.3% $171 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $650,000 -- $175 / 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 $7,152 $542,200 $104,300 $437,900
2024 $6,997 $508,900 $104,300 $404,600
2023 $6,486 $452,300 $90,700 $361,600
2022 $5,844 $384,200 $72,600 $311,600
2021 $4,819 $296,000 $58,100 $237,900
2020 $4,556 $268,000 $58,100 $209,900
2019 $4,718 $262,100 $52,200 $209,900
2018 $4,678 $247,400 $52,200 $195,200
2017 $4,457 $231,900 $52,200 $179,700
2016 $4,349 $211,000 $39,300 $171,700
2015 $4,235 $211,000 $39,300 $171,700
2014 $4,123 $211,000 $39,300 $171,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73272959

MLS Property Information Network (MLS PIN)

APN: WORC-000022-000026-000023