NOT LISTED FOR SALE

4 Park Avenue Place Unit 12 Worcester, MA 01603

University Park Neighborhood

Estimated Value: $218,000 - $241,000

2 Beds
1 Bath
854 Sq Ft
$225/mo HOA Fee

Last Sold December 24, 2018

Last sale price $111,500 $131 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,643/month

35 Days on Market

About This Home

As of December 2018

BRAND NEW LISTING! Here is the picture-perfect condo you have been patiently waiting for. Rare opportunity to own this super cute top-level Worcester condo in the desirable Park Avenue Place Condominiums. This unit has 2 large bedrooms, a full bathroom, large living room, and is completely turn-key and fully move-in ready. Brand new hardwoods just installed! Freshly updated kitchen, bathroom, and new paint throughout. The private balcony off of the living room is the absolute perfect place for your morning coffee, and the open floor plan makes this the perfect home for entertaining. Low monthly condo fee and super healthy condo association with professional local management. In-unit laundry (W/D combo unit included)! Phenomenal commuter location, with easy access to I-290, and the Mass Pike. Super close to area shopping, restaurants, and entertainment. Call today to view, this unit will not last long!

Last Agent to Sell the Property

Rheault Real Est Team

Coldwell Banker Realty - Worcester Listed on: 10/01/2018

Coldwell Banker Realty - Worcester

Co-Listed By

Thomas Rheault

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Bonnie L Lawrence

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

HOA Fees

  • $225 per month

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank
  • Electric Water Heater

Additional Features

  • Range with Range Hood
  • Washer and Dryer
  • Year Round Access

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:08 B:016 L:10-12

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 140.40
  • Comp Based On: Net Sale Price
  • Year Built: 1986
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 12
  • Unit Level: 3
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Appliances: Range, Refrigerator, Washer / Dryer Combo, Vent Hood
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Countertops - Upgraded, Cabinets - Upgraded
  • Living Room: On Level: First Floor, Flooring - Hardwood, Deck - Exterior
  • No Living Levels: 4
  • Main Lo: K95001
  • Main So: AN1199
  • Estimated Sq Ft: 854.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Unit Features: Deck - Wood, Balcony

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded, Guest
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park
  • HOA Fees: 225.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Lot Info

  • Assessments: 55300.00
  • Page: 256
  • Parcel Number: M:08 B:016 L:10-12
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 1046.00
  • Assessor Parcel Number: 1769938

Multi Family

  • No Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 21, 2018
Sold by
Lai Jenna K and Thi-Lai Khanh Q
Bought by
Huo Peng
Seller's Agent
Rheault Real Est Team
Coldwell Banker Realty - Worcester
Buyer's Agent
Bonnie L Lawrence
LAER Realty Partners
List Price
$119,900
Sold Price
$111,500
Premium/Discount to List
-$8,400
-7.01%
Current Estimated Value
$232,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,284
Avg. Annual Appreciation
11.16%
Original Mortgage
$83,625
Outstanding Balance
$73,537
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$159,247

Purchase Details

Closed on
Jun 23, 2003
Sold by
Chan Alan S and Tam Bing
Bought by
Lai Khanh Quoc Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huo Peng $111,500 --
Huo Peng $111,500 --
Lai Khanh Quoc Thi $74,000 --
Lai Khanh Quoc Thi $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huo Peng $83,625
Closed Huo Peng $83,625
Previous Owner Lai Khanh Quoc Thi $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2018 12/24/18 Sold $111,500 -7.0% $131 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $119,900 -- $140 / 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 $2,329 $176,600 $0 $176,600
2024 $2,225 $161,800 $0 $161,800
2023 $1,983 $138,300 $0 $138,300
2022 $1,694 $111,400 $0 $111,400
2021 $1,592 $97,800 $0 $97,800
2020 $1,588 $93,400 $0 $93,400
2019 $1,586 $88,100 $0 $88,100
2018 $1,046 $55,300 $0 $55,300
2017 $1,040 $54,100 $0 $54,100
2016 $1,115 $54,100 $0 $54,100
2015 $1,086 $54,100 $0 $54,100
2014 $1,763 $90,200 $0 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72403735

MLS Property Information Network (MLS PIN)

APN: WORC-000008-000016-000010-000012