41 King St Worcester, MA 01610
University Park Neighborhood
15
Beds
3
Baths
5,205
Sq Ft
5,663
Sq Ft Lot
About This Home
As of October 2024Attention investors and owner occupants. Come see this Monster 3 family 5205 SF, That is 1735 SF per floor, 5 big BR per floor, Separate Forced hot Air heating systems and electricity on each floor. Replacement windows, Vinyl Siding. Located 5/10 mile from Clark University, 1 mile to Polar Park, Currently has 2 recently vacant units ready for you to chose your own tenants. Can produce close to $70k in Gross annual rents. Open house NOW MONDAY 2/7/22 @ 5pm
Last Agent to Sell the Property
Property Investors & Advisors, LLC Listed on: 02/01/2022
Last Buyer's Agent
Tu Dang
Commonwealth Standard Realty Advisors
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,926
Year Built
- Built in 1890
Lot Details
- 5,663 Sq Ft Lot
- Corner Lot
- Irregular Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 5,205 Sq Ft Home
- Interior Basement Entry
Bedrooms and Bathrooms
- 15 Bedrooms
- 3 Full Bathrooms
Utilities
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,794
- Assessor Parcel Number M:06 B:024 L:00031,1767697
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $69,528
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 22, 2022
Sold by
Phoenix Capital Group Llc
Bought by
Vuong Harry
Seller's Agent
Brian Allen
Property Investors & Advisors, LLC
Buyer's Agent
Tu Dang
Commonwealth Standard Realty Advisors
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Total Days on Market
8
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
$165,422
Avg. Annual Appreciation
7.48%
Original Mortgage
$476,250
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2020
Sold by
41 King Street Rt
Bought by
Phoenix Capital Group Llc
Purchase Details
Closed on
May 27, 1999
Sold by
Tiano Debra A
Bought by
Johnson Stephen F and Johnson Linda M
Purchase Details
Closed on
Feb 28, 1997
Sold by
Fnma
Bought by
Tiano Roy and Tiano Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.55%
Purchase Details
Closed on
Jul 15, 1996
Sold by
Demir Umit
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 31, 1991
Sold by
Boston Bk Of Commerce
Bought by
Demir Umit and Erkal Yazgan
Purchase Details
Closed on
Jul 3, 1991
Sold by
Johnson Willistine
Bought by
Boston Bk Commerce
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $635,000 | None Available | |
| Not Resolvable | $425,000 | None Available | |
| Deed | $10,000 | -- | |
| Deed | $10,000 | -- | |
| Deed | $28,000 | -- | |
| Deed | $28,000 | -- | |
| Foreclosure Deed | $29,600 | -- | |
| Foreclosure Deed | $29,600 | -- | |
| Deed | $75,000 | -- | |
| Deed | $75,000 | -- | |
| Foreclosure Deed | $90,000 | -- | |
| Foreclosure Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $593,000 | Purchase Money Mortgage | |
| Closed | $593,000 | Purchase Money Mortgage | |
| Closed | $476,250 | Purchase Money Mortgage | |
| Previous Owner | $45,400 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $800,000 | -4.2% | $154 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | For Sale | $835,000 | +31.5% | $160 / Sq Ft |
| 03/22/2022 03/22/22 | Sold | $635,000 | +1.6% | $122 / Sq Ft |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | For Sale | $625,000 | -- | $120 / 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 | $8,604 | $652,300 | $68,600 | $583,700 |
| 2024 | $7,873 | $572,600 | $68,600 | $504,000 |
| 2023 | $7,493 | $522,500 | $55,000 | $467,500 |
| 2022 | $6,516 | $428,400 | $44,000 | $384,400 |
| 2021 | $5,926 | $364,000 | $35,200 | $328,800 |
| 2020 | $5,435 | $319,700 | $35,300 | $284,400 |
| 2019 | $4,873 | $270,700 | $34,800 | $235,900 |
| 2018 | $4,741 | $250,700 | $34,800 | $215,900 |
| 2017 | $4,423 | $230,100 | $34,800 | $195,300 |
| 2016 | $4,326 | $209,900 | $28,800 | $181,100 |
| 2015 | $4,213 | $209,900 | $28,800 | $181,100 |
| 2014 | $4,101 | $209,900 | $28,800 | $181,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mitch Stepien
Seller's Agent in 2024
Mitch Stepien
NAI Advisors
(774) 289-7564
1 in this area
3 Total Sales
-
Dariusz Zywina
Buyer's Agent in 2024
Dariusz Zywina
Red Spade Realty LLC
(781) 632-5307
3 in this area
38 Total Sales
-
Brian Allen
Seller's Agent in 2022
Brian Allen
Property Investors & Advisors, LLC
(508) 868-0927
4 in this area
84 Total Sales
-
Buyer's Agent in 2022
Tu Dang
Commonwealth Standard Realty Advisors
(617) 832-5528
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72938351
APN: WORC-000006-000024-000031
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