$520,000
SOLD JUL 19, 2024
5 Beds
2 Baths
2,148 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • 1 Fireplace
  • Medical Services
  • Property is near public transit
  • 5-minute walk to Coes Reservoir Boardwalk

About This Home

As of July 2024

MULTIPLE OFFERS- BEST AND FINAL DUE BY 6/11 AT NOON. Fantastic Opportunity for an Owner-Occupied or Investor to add to your portfolio. This two-family home is in great shape. The first floor has two bedrooms and one bath. The second floor has three bedrooms, one bath, and a large attic area, which is finished as the third bedroom. This is move-in ready and has excellent access to Worcester's local amenities. Off-street parking for 2-3 Cars, fabulous hardwood floors, newer appliances, and Granite counters in the second-floor unit. Large rear yard and side yard, not far from Worcester State University. Group Showing Friday, 6/7/24 at 5 pm.

Last Agent to Sell the Property

Spencer Fortwengler

OWN IT Listed on: 06/07/2024

Last Buyer's Agent

Mark Balestracci

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 1900

Lot Details

  • 6,750 Sq Ft Lot
  • Near Conservation Area
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,148 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $1,600
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:14 B:014 L:00021,1775935

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $371
  • Operating Expense $1,911
  • Net Operating Income $17,289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,439

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • 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

  • Flooring: Varies
  • Interior Amenities: Living Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2148
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN7258
  • LIST PRICE PER Sq Ft: 232.77
  • PRICE PER Sq Ft: 242.09
  • MAIN SO: AN2314

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Natural Gas, Electric, Baseboard, Oil
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 371

Lot Info

  • Parcel Number: M:14 B:014 L:00021,1775935
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6750
  • Lot Size Units: Acres
  • PAGE: 23
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6439
  • Tax Book Number: 64552

Multi Family

  • Gross Income: 19200
  • Insurance Expense: 1500
  • Net Operating Income: 17289
  • Number Of Units Total: 2
  • Operating Expense: 1911
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 8, 2021
Sold by
Perkins Laurie
Bought by
Worcester Dev Project 8
Seller's Agent
Vitello Real Estate Associates
OWN IT
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$349,900
Sold Price
$363,000
Premium/Discount to List
$13,100
3.74%
Current Estimated Value
$525,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,391
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Feb 19, 2018
Closed on
May 31, 2018
Sold by
Bulldog Investments Ll
Bought by
Perkins Laurie
Seller's Agent
Lisa Berry
Simply Sell Realty
Buyer's Agent
Nicole Vitello
OWN IT
List Price
$299,900
Sold Price
$289,000
Premium/Discount to List
-$10,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$286,219
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2017
Closed on
May 31, 2017
Sold by
Fitch Paul R and Fitch Audrey M
Bought by
Bulldog Investments Ll
Seller's Agent
Steven Handy
Central Mass Evaluations, Inc.
Buyer's Agent
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
List Price
$79,900
Sold Price
$120,000
Premium/Discount to List
$40,100
50.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.83%
Original Mortgage
$155,000
Interest Rate
3.97%
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 Type Sale Price Title Company
Not Resolvable $363,000 None Available
Not Resolvable $291,500 --
Not Resolvable $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,000 Purchase Money Mortgage
Closed $494,000 Purchase Money Mortgage
Closed $95,000 Stand Alone Refi Refinance Of Original Loan
Open $1,000,000 Commercial
Previous Owner $286,219 FHA
Previous Owner $155,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $520,000 +4.0% $242 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $500,000 +37.7% $233 / Sq Ft
02/25/2021 02/25/21 Sold $363,000 +3.7% $140 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $349,900 +21.1% $135 / Sq Ft
05/31/2018 05/31/18 Sold $289,000 -0.3% $111 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $289,900 -3.3% $112 / Sq Ft
04/09/2018 04/09/18 Price Changed $299,900 0.0% $115 / Sq Ft
04/09/2018 04/09/18 For Sale $299,900 -1.7% $115 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $305,000 +154.2% $117 / Sq Ft
05/31/2017 05/31/17 Sold $120,000 +50.2% $63 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $79,900 -- $42 / 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 $6,788 $514,600 $95,600 $419,000
2024 $6,439 $468,300 $95,600 $372,700
2023 $6,021 $419,900 $83,100 $336,800
2022 $5,558 $365,400 $66,500 $298,900
2021 $5,027 $308,800 $53,200 $255,600
2020 $4,694 $276,100 $52,800 $223,300
2019 $3,011 $167,300 $46,100 $121,200
2018 $2,967 $156,900 $46,100 $110,800
2017 $2,845 $148,000 $46,100 $101,900
2016 $2,743 $133,100 $32,900 $100,200
2015 $2,671 $133,100 $32,900 $100,200
2014 $2,601 $133,100 $32,900 $100,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73248984

MLS Property Information Network (MLS PIN)

APN: WORC-000014-000014-000021