42 Velander St Worcester, MA 01605
Bell Hill NeighborhoodEstimated Value: $592,000 - $725,000
6
Beds
3
Baths
3,117
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Golf Course Community
- City View
- Wooded Lot
- Medical Services
- Property is near public transit
- Covered patio or porch
About This Home
As of September 2023$599k for this Investor’s hidden gem!! You will be amazed how this 3 family home with a private backyard is nestled in a corner of tranquility yet conveniently located in the heart of the city. Easy highway access, fun city activities and dining are all minutes away to enjoy. Updates include: New kitchens & baths, new appliances, newly painted interior, refinished hardwoods throughout, storage closets on each floor, and 3 new reinforced decks add to the appeal of owning this property. Don’t miss this opportunity, the hard work has been done for you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,924
Year Built
- Built in 1900 | Remodeled
Lot Details
- 4,823 Sq Ft Lot
- Wooded Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,117 Sq Ft Home
- Tile Flooring
- City Views
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- Property is near schools
Schools
- Belmont Comm. Elementary School
- North High School
Utilities
- Heating Available
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $5,150
- Rent includes unit 1(none), unit 2(none), unit 3(none)
- Legal Lot and Block 00023 / 002
- Assessor Parcel Number M:16 B:002 L:00023,1777687
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
Building Details
- Electric Expense $300
- Insurance Expense $2,754
- Water Sewer Expense $1,200
- Operating Expense $9,179
- Net Operating Income $52,620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2023
Closed on
Sep 8, 2023
Sold by
Domain Builders Llc
Bought by
Kurnala Vineeth and Vangala Pranitha
Seller's Agent
Kimberly McGhee
RE/MAX Vision
Buyer's Agent
Jonathan Cabezas
Coldwell Banker Realty - Lexington
List Price
$599,000
Sold Price
$647,000
Premium/Discount to List
$48,000
8.01%
Total Days on Market
3
Views
53
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
$10,685
Avg. Annual Appreciation
0.92%
Original Mortgage
$485,250
Outstanding Balance
$476,991
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,694
Similar Homes in Worcester, MA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kurnala Vineeth | $647,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kurnala Vineeth | $485,250 | |
| Previous Owner | Domain Builders Llc | $427,500 | |
| Previous Owner | Domain Builders Llc | $310,000 | |
| Previous Owner | Nisbett Jeffrey | $260,000 | |
| Previous Owner | Gibson Elwin F | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $647,000 | +8.0% | $208 / Sq Ft |
| 07/18/2023 07/18/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $599,000 | +68.7% | $192 / Sq Ft |
| 05/05/2022 05/05/22 | Sold | $355,000 | -4.0% | $117 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | Price Changed | $369,943 | +5.7% | $122 / Sq Ft |
| 04/15/2022 04/15/22 | For Sale | $349,943 | 0.0% | $115 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 04/04/2022 04/04/22 | For Sale | $349,943 | -- | $115 / 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 | $8,527 | $646,500 | $79,200 | $567,300 |
| 2024 | $5,159 | $375,200 | $79,200 | $296,000 |
| 2023 | $4,924 | $343,400 | $68,800 | $274,600 |
| 2022 | $4,277 | $281,200 | $55,100 | $226,100 |
| 2021 | $3,878 | $238,200 | $44,100 | $194,100 |
| 2020 | $3,602 | $211,900 | $43,800 | $168,100 |
| 2019 | $3,578 | $198,800 | $38,200 | $160,600 |
| 2018 | $3,504 | $185,300 | $38,200 | $147,100 |
| 2017 | $3,294 | $171,400 | $38,200 | $133,200 |
| 2016 | $3,118 | $151,300 | $27,700 | $123,600 |
| 2015 | $3,037 | $151,300 | $27,700 | $123,600 |
| 2014 | $2,956 | $151,300 | $27,700 | $123,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly McGhee
Seller's Agent in 2023
Kimberly McGhee
Re/Max Vision
(508) 826-5811
1 in this area
36 Total Sales
-
Jonathan Cabezas
Buyer's Agent in 2023
Jonathan Cabezas
Coldwell Banker Realty - Lexington
(508) 851-0185
2 in this area
50 Total Sales
-
Jaquaine Coe
Seller's Agent in 2022
Jaquaine Coe
The LGCY Group LLC
(508) 989-6943
3 in this area
82 Total Sales
-
Bethany McNaught
B
Seller Co-Listing Agent in 2022
Bethany McNaught
The LGCY Group LLC
(508) 989-6943
2 in this area
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73136305
APN: WORC-000016-000002-000023
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.
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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