NOT LISTED FOR SALE

4 Lebanon St Worcester, MA 01603

Hadwen Park Neighborhood

Estimated Value: $441,000 - $531,000

5 Beds
2 Baths
1,931 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $389,900 $202 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,022/month

49 Days on Market

About This Home

As of October 2022

Amazing opportunity to own investment property in Worcester! Apartments in this two family home were renovated a few years ago including new flooring and updated kitchens and baths and updated electrical. Brand new roof just installed and lot was professionally landscaped. Conveniently located to all major highways, 290, Mass Pike and 146. Showings begin at open house on Saturday, July 16th from 1:00 to 2:30 p.m.

Last Agent to Sell the Property

The Riel Estate Team

Keller Williams Pinnacle Central Listed on: 07/13/2022

Keller Williams Pinnacle Central

Co-Listed By

Nathan Riel

Keller Williams Pinnacle Central

Last Buyer's Agent

Vanessa Nixon

Nixon Homes LTD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1880

Lot Details

  • 7,300 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Stone Foundation

Interior Spaces

  • 1,931 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Oil Water Heater

Community Details

  • 2 Units
  • Net Operating Income $28,200

Listing and Financial Details

  • Total Actual Rent $2,350
  • Rent includes unit 1(heat hot water), unit 2(heat hot water)
  • Assessor Parcel Number M:28 B:004 L:00002,1787925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,589

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Oil Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1931
  • Stories Total: 3
  • MAIN LO: K95491
  • LIST PRICE PER Sq Ft: 207.09
  • PRICE PER Sq Ft: 201.92
  • MAIN SO: AN4864

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water)

Lot Info

  • Parcel Number: M:28 B:004 L:00002,1787925
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7300
  • Lot Size Units: Acres
  • PAGE: 205
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4589
  • Tax Book Number: 65613

Multi Family

  • Gross Income: 28200
  • Net Operating Income: 28200
  • Number Of Units Total: 2
  • Total Actual Rent: 2350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 14, 2021
Sold by
Renfrew St Llc
Bought by
Hanley Matthew
Seller's Agent
Javier Velez
Javier Velez
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$481,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,924
Avg. Annual Appreciation
12.36%
Original Mortgage
$265,500
Outstanding Balance
$244,329
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,595

Purchase Details

Listed on
May 25, 2021
Closed on
May 25, 2021
Sold by
Gloria R Venincasa T
Bought by
Renfrew St Llc
Seller's Agent
Javier Velez
Javier Velez
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Outstanding Balance
$244,329
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,595

Purchase Details

Closed on
Dec 15, 2016
Sold by
Venincasa Gloria R
Bought by
Gloria R Venincasa T

Purchase Details

Closed on
Jun 14, 2016
Sold by
Gloria R Venincasa T
Bought by
Millbury Main Llc

Purchase Details

Closed on
Jun 1, 2016
Sold by
Venincasa Gloria R
Bought by
Gloria R Venincasa T

Purchase Details

Closed on
Sep 24, 2013
Sold by
Venincasa Gloria R
Bought by
Monogram Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2012
Closed on
Nov 20, 2012
Sold by
Supernor Vera M Est
Bought by
Venincasa Gloria R
Seller's Agent
Rose Hultberg
RE/MAX Acclaim
Buyer's Agent
Rose Hultberg
RE/MAX Acclaim
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$126,000
Interest Rate
3.39%
Mortgage Type
New Conventional
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
Hanley Matthew $295,000 None Available
Renfrew St Llc -- None Available
Gloria R Venincasa T -- --
Venincasa Gloria R -- --
Millbury Main Llc -- --
Gloria R Venincasa T -- --
Monogram Builders Llc -- --
Venincasa Gloria R $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanley Matthew $265,500
Previous Owner Monogram Builders Llc $310,000
Previous Owner Venincasa Gloria R $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $389,900 -2.5% $202 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $399,900 -2.4% $207 / Sq Ft
07/13/2022 07/13/22 For Sale $409,900 +38.9% $212 / Sq Ft
07/14/2021 07/14/21 Sold $295,000 0.0% $153 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $295,000 +96.7% $153 / Sq Ft
11/19/2012 11/19/12 Sold $150,000 -6.2% $87 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $159,900 -- $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 $5,606 $425,000 $97,600 $327,400
2024 $5,346 $388,800 $97,600 $291,200
2023 $4,993 $348,200 $84,900 $263,300
2022 $4,589 $301,700 $67,900 $233,800
2021 $4,140 $254,300 $54,300 $200,000
2020 $3,888 $228,700 $53,900 $174,800
2019 $3,874 $215,200 $47,100 $168,100
2018 $3,795 $200,700 $47,100 $153,600
2017 $3,623 $188,500 $47,100 $141,400
2016 $3,551 $172,300 $33,300 $139,000
2015 $3,458 $172,300 $33,300 $139,000
2014 $3,367 $172,300 $33,300 $139,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Riel Estate Team

    Keller Williams Pinnacle Central

    (508) 213-1285

    5 in this area

    526 Total Sales

    The Riel Estate Team
    Section Image
  • Nathan Riel

    Seller Co-Listing Agent in 2022

    Nathan Riel

    Keller Williams Pinnacle Central

    (508) 754-3020

    1 in this area

    182 Total Sales

    Nathan Riel
    Section Image

  • V

    Buyer's Agent in 2022

    Vanessa Nixon

    Nixon Homes LTD

    Section Image

  • J

    Seller's Agent in 2021

    Javier Velez

    Javier Velez

    (774) 230-3840

    1 in this area

    23 Total Sales

    Javier Velez
    Section Image

  • R

    Seller's Agent in 2012

    Rose Hultberg

    RE/MAX

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73011457

MLS Property Information Network (MLS PIN)

APN: WORC-000028-000004-000002

Massachusetts Worcester County Worcester 01603 Hadwen Park

4 Lebanon St, Worcester, MA

This home is located at 4 Lebanon St, Worcester, MA 01603 since 13 July 2022 and is currently estimated at $481,924, approximately $249 per square foot. This property was built in 1880. 4 Lebanon St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Heard Street Discovery Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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