NOT LISTED FOR SALE

Estimated Value: $286,000 - $615,000

11 Beds
4 Baths
5,190 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $274,000 $53 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,924/month

114 Days on Market

About This Home

As of September 2013

THIS PROPERTY IS A STEAL - Close to Worcester Academy - All four unit are de leaded - Rarely available turn key four family building that is fully rented with GOOD long term tenants. Rents are below market rate. Fantastic amount of parking. The building currently brings in over $40,000 per year. Great investment property!

Last Listed By

Linda Rankin

Property Investors & Advisors, LLC Listed on: 05/02/2013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,447

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: No
  • Number of Rooms: 19
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School

Exterior Features

  • Exterior Features: Porch, City View(s)
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Lot Info

  • Assessor Parcel Number: M:04 B:033 L:00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Sep 23, 2013
Sold by
Verdini Jennifer A and Verdini Mark
Bought by
Worcester Academy
Seller's Agent
Linda Rankin
Property Investors & Advisors, LLC
Buyer's Agent
Edward Murphy
7 Hills Real Estate
List Price
$289,000
Sold Price
$274,000
Premium/Discount to List
-$15,000
-5.19%
Total Days on Market
114
Current Estimated Value
$505,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,601
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Verdini Jennifer A
Bought by
Verdini Jennifer A and Verdini Mark

Purchase Details

Closed on
Jul 25, 2002
Sold by
Verdini Paul M
Bought by
Verdini Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
6.73%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Worcester Academy $274,000 --
Verdini Jennifer A -- --
Verdini Jennifer A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verdini Jennifer A $225,500
Previous Owner Verdini Jennifer A $211,000
Previous Owner Verdini Paul M $85,200
Previous Owner Verdini Paul M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2013 09/23/13 Sold $274,000 -5.2% $53 / Sq Ft
08/24/2013 08/24/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $289,000 -- $56 / 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 $1,447 $109,700 $109,700 $0
2024 $1,508 $109,700 $109,700 $0
2023 $1,368 $95,400 $95,400 $0
2022 $1,161 $76,300 $76,300 $0
2021 $993 $61,000 $61,000 $0
2020 $1,039 $61,100 $61,100 $0
2019 $988 $54,900 $54,900 $0
2018 $1,038 $54,900 $54,900 $0
2017 $1,055 $54,900 $54,900 $0
2016 $851 $41,300 $41,300 $0
2015 $829 $41,300 $41,300 $0
2014 $4,309 $220,500 $34,400 $186,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71518876

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000033-000030