NOT LISTED FOR SALE

42 Adams St Worcester, MA 01604

Shrewsbury Street Neighborhood

Estimated Value: $737,888 - $782,000

9 Beds
3 Baths
3,393 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $570,000 $168 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,587/month

2 Days on Market

About This Home

As of October 2021

A great investment opportunity in a sought after area, located between Shrewsbury St and Belmont St. just a short distance from U Mass Medical. This three family has a new roof, off street parking for two vehicles and a fenced back yard. Each unit has natural woodwork, replacement windows in a 5 room, 3 bedroom, 1 bath room apartment with laundry. Each unit has its own Forced Hot Water by gas furnace and hot water by gas. The property is currently fully occupied.

Last Agent to Sell the Property

The Devries Team

DeVries Dolber Realty, LLC Listed on: 08/02/2021

Last Buyer's Agent

Team Zingales

Team Zingales Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 4,356

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Off Shrewsbury Street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: None, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer)
  • Has Basement: Full, Concrete, Unfinished
  • MAIN LO: AN6037
  • MAIN SO: AN4339
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Wood,Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: One Unit Will Be Shown At First Viewing. The Rest Will Be Shown With An Accepted Offer.
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: None, Unit 1(Hot Water Baseboard,Gas,Individual), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas,Individual)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • LOT SIZE: 4500
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: RG-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3
  • Annual Gross Income: 46200
  • Property Net Operating Income: 46200
  • Number Of Units Total: 3
  • Total Actual Rent: 3850

Tax Info

  • Tax Annual Amount: 4825
  • Tax Book Number: 34137
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 8, 2021
Sold by
Rivas Nelida and Salgado Ada
Bought by
Castillo Luis M
Seller's Agent
The Devries Team
DeVries Dolber Realty, LLC
Buyer's Agent
Team Zingales
Team Zingales Realty, LLC
List Price
$499,900
Sold Price
$570,000
Premium/Discount to List
$70,100
14.02%
Current Estimated Value
$755,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,668
Avg. Annual Appreciation
7.36%
Original Mortgage
$559,675
Outstanding Balance
$510,371
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$256,601

Purchase Details

Closed on
Jul 16, 2004
Sold by
Paladino Joseph Paul
Bought by
Rivassuarez Ada W and Rivas Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,221
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Castillo Luis M $570,000 None Available
Rivassuarez Ada W $374,000 --
Paladino Joseph Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Luis M $559,675
Previous Owner Rivassuarez Ada W $368,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $570,000 +14.0% $168 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $499,900 -- $147 / 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 $7,351 $557,300 $75,400 $481,900
2024 $6,766 $492,100 $75,400 $416,700
2023 $6,487 $452,400 $65,600 $386,800
2022 $5,290 $347,800 $52,500 $295,300
2021 $4,825 $296,400 $42,000 $254,400
2020 $4,459 $262,300 $41,700 $220,600
2019 $4,450 $247,200 $36,400 $210,800
2018 $4,342 $229,600 $36,400 $193,200
2017 $4,065 $211,500 $36,400 $175,100
2016 $3,899 $189,200 $26,500 $162,700
2015 $3,797 $189,200 $26,500 $162,700
2014 $3,697 $189,200 $26,500 $162,700
Source: Public Records

Agents Affiliated with this Home

  • The Devries Team

    Seller's Agent in 2021

    The Devries Team

    DeVries Dolber Realty, LLC

    (508) 320-1145

    1 in this area

    48 Total Sales

    The Devries Team
    Section Image

  • T

    Buyer's Agent in 2021

    Team Zingales

    Team Zingales Realty, LLC

    (888) 832-6910

    1 in this area

    173 Total Sales

    Team Zingales
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72874755

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000021-000001

Massachusetts Worcester County Worcester 01604 Shrewsbury Street

42 Adams St, Worcester, MA

Not Listed for Sale

MultiFamily

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