NOT LISTED FOR SALE

40 Melbourne Rd Worcester, MA 01607

South Quinsigamond Village Neighborhood

Estimated Value: $506,000 - $609,000

3 Beds
2 Baths
1,944 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $209,900 $108 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,283/month

About This Home

This home is located at 40 Melbourne Rd, Worcester, MA 01607 and is currently estimated at $537,215, approximately $276 per square foot. 40 Melbourne Rd is a home located in Worcester County with nearby schools including Quinsigamond School, Jacob Hiatt Magnet School, and Chandler Magnet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 12, 2017
Sold by
Wilmington Svgs Fund S
Bought by
Morris Renetta
Seller's Agent
Michael Madulka
Quinsigamond Realty
Buyer's Agent
Edith Bah
Century 21 XSELL REALTY
List Price
$219,900
Sold Price
$209,900
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$537,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,315
Avg. Annual Appreciation
12.27%
Original Mortgage
$199,405
Outstanding Balance
$169,468
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$367,747

Purchase Details

Closed on
Jun 13, 2017
Sold by
Butler Donald and Butler Janelle
Bought by
Wilmington Svgs Fund S

Purchase Details

Closed on
Jun 3, 1991
Sold by
Murray Lawrence A and Murray Jill M
Bought by
Butler Donald and Butler Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,050
Interest Rate
9.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1987
Sold by
Apex Builders Inc
Bought by
Murray Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
8.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morris Renetta $209,900 --
Wilmington Svgs Fund S $275,651 --
Butler Donald $122,000 --
Murray Lawrence A $126,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Renetta $199,405
Previous Owner Murray Lawrence A $19,900
Previous Owner Murray Lawrence A $122,535
Previous Owner Murray Lawrence A $123,050
Previous Owner Murray Lawrence A $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2017 12/12/17 Sold $209,900 0.0% $108 / Sq Ft View Prior Sale
11/29/2017 11/29/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $209,900 -4.5% $108 / Sq Ft
08/30/2017 08/30/17 For Sale $219,900 -- $113 / Sq Ft

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 $5,887 $446,300 $123,400 $322,900
2024 $5,763 $419,100 $123,400 $295,700
2023 $5,542 $386,500 $107,800 $278,700
2022 $5,219 $343,100 $87,000 $256,100
2021 $5,198 $319,300 $70,400 $248,900
2020 $5,029 $295,800 $70,300 $225,500
2019 $4,851 $269,500 $64,000 $205,500
2018 $4,703 $248,700 $64,000 $184,700
2017 $4,519 $235,100 $64,000 $171,100
2016 $4,538 $220,200 $49,500 $170,700
2015 $4,419 $220,200 $49,500 $170,700
2014 $4,303 $220,200 $49,500 $170,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Madulka

    Seller's Agent in 2017

    Michael Madulka

    Quinsigamond Realty

    (508) 579-7777

    2 in this area

    70 Total Sales

    Michael Madulka
    Section Image

  • E

    Buyer's Agent in 2017

    Edith Bah

    Century 21 XSELL REALTY

    Section Image
See All Agents

Map

Massachusetts Worcester County Worcester 01607 South Quinsigamond Village

40 Melbourne Rd, Worcester, MA

Not Listed for Sale

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.

Nearby Homes