Seller's Agent in 2024
David Stead
RE/MAX
(508) 635-9910
2 in this area
219 Total Sales
4 Waller Ave Worcester, MA 01603
University Park NeighborhoodEstimated Value: $611,000 - $657,382
6
Beds
3
Baths
2,760
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wood Flooring
- Cooling Available
- Property is near public transit
- Enclosed Patio or Porch
- Park
About This Home
As of February 2024Discover this fantastic investment opportunity in the heart of the Webster Square Area! This well-maintained three-unit building offers a range of appealing features:Each unit boasts generously sized 2 bedrooms, providing ample living space for tenants. Enjoy the convenience of updated flooring and large eat-in kitchens with flat-top electric ranges. Each floor is equipped with its own FHA gas furnace, ensuring individual climate control for tenants and reducing utility hassles. The electrical system has been updated to individual 100 amp panels, providing peace of mind for both landlords and tenants. The exterior is clad in low-maintenance vinyl siding, while double-glazed vinyl replacement windows and a recent roof replacement add to the property's curb appeal and energy efficiency. The property boasts a history of excellent long-term tenants, making it a stable and reliable investment. With the possibility of rent increases, this property is a great opportunity for investors!
Last Buyer's Agent
Arjun Kunwar
eXp Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,008
Year Built
- Built in 1895
Lot Details
- 3,401 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,760 Sq Ft Home
- Insulated Windows
- Insulated Doors
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Enclosed Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $3,700
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:08 B:032 L:00022,1770204
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Golf Course Community
- Park
Building Details
- Insurance Expense $3,500
- Water Sewer Expense $1,500
- Operating Expense $11,000
- Net Operating Income $33,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 1992
Sold by
Admiral Properties
Bought by
Mooradian Arthur
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 1992
Sold by
Jardus Edward C
Bought by
Flagship Bk & Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mooradian Arthur | $38,000 | -- | |
| Mooradian Arthur | $38,000 | -- | |
| Flagship Bk & Tr | $30,000 | -- | |
| Flagship Bk & Tr | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tiwari Gaurab | $460,400 | |
| Closed | Tiwari Gaurab | $460,400 | |
| Closed | Flagship Bk & Tr | $32,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $580,000 | -3.3% | $210 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 01/01/2024 01/01/24 | For Sale | $599,900 | +3.4% | $217 / Sq Ft |
| 12/31/2023 12/31/23 | Off Market | $580,000 | -- | -- |
| 09/20/2023 09/20/23 | For Sale | $599,900 | -- | $217 / 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 | $6,813 | $516,500 | $62,500 | $454,000 |
| 2024 | $6,259 | $455,200 | $62,500 | $392,700 |
| 2023 | $6,008 | $419,000 | $54,400 | $364,600 |
| 2022 | $5,237 | $344,300 | $43,500 | $300,800 |
| 2021 | $4,716 | $289,700 | $34,800 | $254,900 |
| 2020 | $3,720 | $218,800 | $34,500 | $184,300 |
| 2019 | $3,301 | $183,400 | $30,200 | $153,200 |
| 2018 | $3,228 | $170,700 | $30,200 | $140,500 |
| 2017 | $3,029 | $157,600 | $30,200 | $127,400 |
| 2016 | $2,906 | $141,000 | $22,600 | $118,400 |
| 2015 | $2,830 | $141,000 | $22,600 | $118,400 |
| 2014 | $2,755 | $141,000 | $22,600 | $118,400 |
Source: Public Records
Agents Affiliated with this Home
-
David Stead
-
A
Buyer's Agent in 2024
Arjun Kunwar
eXp Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73161200
APN: WORC-000008-000032-000022
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.
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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