40 Otsego Rd Worcester, MA 01609
Forest Grove NeighborhoodEstimated Value: $728,000 - $828,000
5
Beds
4
Baths
2,479
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- Heating System Uses Steam
- Wood Flooring
- Central Air
About This Home
As of July 2020Gorgeous 1937 home fully restored and remodeled... WOW! The owners have spent the past 3 years updating this home to perfection. The kitchen was expanded to include custom built cabinets, leathered granite countertops, subway tiles, Thermador appliances, 2 kitchen islands, and a wine refrigerator. The dining room greets the kitchen with a grand open concept feeling. Front to back living room w/fireplace. Cozy den/family room w/cathedral ceilings & exposed beams. 4 bedrooms on the 2nd floor. Master bath. 5th bedroom and/or an office on 3rd floor w/ additional storage. Two staircases. 2 car garage. NEW updates include: all new windows and doors "Renewal by Anderson", converted from oil to gas, on demand hot water system, all hardwoods refinished, new tile floors, home exterior painted, original shutters restored, all bathrooms updated (to include plumbing), exterior granite steps, Wi-Fi enabled irrigation system, new electrical panel, and new chimney and liner. Fenced yard. Easy to show!
Last Agent to Sell the Property
BA Property & Lifestyle Advisors Listed on: 06/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,283
Year Built
- Built in 1937
Lot Details
- Fenced Yard
- Sprinkler System
- Property is zoned RS-10
Parking
- 2 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Central Air
- Heating System Uses Steam
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:21 B:015 L:0014A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2020
Closed on
Jul 24, 2020
Sold by
Grieco Rt 2018
Bought by
Shemitz Ellen
Seller's Agent
Jennifer Gillis
BA Property & Lifestyle Advisors
Buyer's Agent
Myai Emery-Le
Emery-Le Team Realty, LLC
List Price
$599,999
Sold Price
$592,500
Premium/Discount to List
-$7,499
-1.25%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,800
Avg. Annual Appreciation
5.38%
Original Mortgage
$120,000
Outstanding Balance
$107,770
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$657,271
Purchase Details
Closed on
Feb 28, 2019
Sold by
Grieco Scott and Grieco Diane
Bought by
Grieco Rt 2018
Purchase Details
Listed on
Dec 26, 2016
Closed on
Apr 14, 2017
Sold by
Margaret F Nelson 2015
Bought by
Grieco Diane and Grieco Scott
Seller's Agent
Jane Kelleher
RE/MAX Vision
Buyer's Agent
Jennifer Gillis
BA Property & Lifestyle Advisors
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$300,000
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 18, 2015
Sold by
Nelson Margaret F
Bought by
Margaret F Nelson T and Nelson Margaret F
Purchase Details
Closed on
Sep 28, 1987
Sold by
Callahan Claire A
Bought by
Nelson D F
Similar Homes in Worcester, MA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shemitz Ellen | $592,500 | None Available | |
| Grieco Rt 2018 | -- | -- | |
| Grieco Diane | $380,000 | -- | |
| Margaret F Nelson T | -- | -- | |
| Nelson D F | $320,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shemitz Ellen | $120,000 | |
| Previous Owner | Grieco Rt 2018 | $147,000 | |
| Previous Owner | Grieco Diane | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2020 07/28/20 | Sold | $592,500 | -1.2% | $239 / Sq Ft |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | For Sale | $599,999 | +57.9% | $242 / Sq Ft |
| 04/14/2017 04/14/17 | Sold | $380,000 | -5.0% | $153 / Sq Ft |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 12/26/2016 12/26/16 | For Sale | $399,900 | -- | $161 / 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 | $8,283 | $628,000 | $123,500 | $504,500 |
| 2024 | $8,059 | $586,100 | $123,500 | $462,600 |
| 2023 | $7,782 | $542,700 | $106,300 | $436,400 |
| 2022 | $7,255 | $477,000 | $85,100 | $391,900 |
| 2021 | $7,126 | $437,700 | $68,100 | $369,600 |
| 2020 | $6,220 | $365,900 | $67,900 | $298,000 |
| 2019 | $6,331 | $351,700 | $65,500 | $286,200 |
| 2018 | $6,252 | $330,600 | $65,500 | $265,100 |
| 2017 | $5,533 | $287,900 | $65,500 | $222,400 |
| 2016 | $5,674 | $275,300 | $53,400 | $221,900 |
| 2015 | $5,525 | $275,300 | $53,400 | $221,900 |
| 2014 | $5,276 | $270,000 | $53,400 | $216,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Gillis
J
Seller's Agent in 2020
Jennifer Gillis
BA Property & Lifestyle Advisors
3 in this area
27 Total Sales
-
Myai Emery-Le
M
Buyer's Agent in 2020
Myai Emery-Le
Emery-Le Team Realty, LLC
(774) 696-5678
3 in this area
49 Total Sales
-
Jane Kelleher
J
Seller's Agent in 2017
Jane Kelleher
Re/Max Vision
(508) 847-1122
1 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72683273
APN: WORC-000021-000015-000014A
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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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