NOT LISTED FOR SALE

Estimated Value: $474,000 - $631,000

3 Beds
2 Baths
1,703 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $550,000 $323 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,510/month

5 Days on Market

Highlights

  • 0.54 Acre Lot
  • Wood Flooring
  • Porch
  • Deck
  • 1 Fireplace
  • Gentle Sloping Lot

About This Home

As of August 2023

Welcome to 421 Massasoit Rd, a beautifully updated 2-family property in the vibrant city of Worcester, MA. This updated gem offers an excellent opportunity for owner-occupants and investors alike! Unit 1:As you enter the first unit, you are greeted by a spacious and inviting living room adorned with gleaming hardwood floors, abundant natural light, and a neutral color palette that complements any décor style. The open layout seamlessly connects the living room to the dining area, making it ideal for entertaining family and friends.

Last Agent to Sell the Property

Charbel Najem

eXp Realty Listed on: 07/04/2023

eXp Realty

Last Buyer's Agent

Angela Mann

ERA Key Realty Services - Worcester

ERA Key Realty Services - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1890

Lot Details

  • 0.54 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,703 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones
  • 100 Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:34 B:030 L:00038,1793089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,138

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Slab, Unfinished
  • Living Area: 1703
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN0475
  • MAIN SO: K95310

Exterior Features

  • Exterior Features: Porch,Deck - Wood,Balcony,Gutters,Storage Shed
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Asphalt/Composition Shingles
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:34 B:030 L:00038,1793089
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23490
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3138

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Aug 23, 2023
Sold by
Robinson Andrew W
Bought by
Teran Victor G and Lozada Alexandra V
Seller's Agent
Charbel Najem
eXp Realty
Buyer's Agent
Angela Mann
ERA Key Realty Services - Worcester
List Price
$489,900
Sold Price
$550,000
Premium/Discount to List
$60,100
12.27%
Views
110
Current Estimated Value
$555,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,700
Avg. Annual Appreciation
0.47%
Original Mortgage
$531,643
Outstanding Balance
$519,355
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$36,345

Purchase Details

Closed on
Oct 11, 2013
Sold by
Maclean Duncan P
Bought by
Robinson Andrew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.53%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2010
Sold by
Maclean Duncan K and Maclean Gay M
Bought by
Maclean Duncan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Teran Victor G $550,000 None Available
Teran Victor G $550,000 None Available
Robinson Andrew W $145,000 --
Robinson Andrew W $145,000 --
Robinson Andrew W $145,000 --
Maclean Duncan P -- --
Maclean Duncan P -- --
Maclean Duncan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teran Victor G $531,643
Closed Teran Victor G $531,643
Previous Owner Robinson Andrew W $142,373
Previous Owner Maclean Duncan P $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $550,000 +12.3% $323 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $489,900 -- $288 / 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 $7,043 $534,000 $119,700 $414,300
2024 $3,292 $239,400 $108,000 $131,400
2023 $3,138 $218,800 $93,900 $124,900
2022 $3,042 $200,000 $75,100 $124,900
2021 $3,020 $185,500 $60,100 $125,400
2020 $3,188 $187,500 $55,500 $132,000
2019 $3,328 $184,900 $52,900 $132,000
2018 $3,425 $181,100 $52,900 $128,200
2017 $3,481 $181,100 $52,900 $128,200
2016 $3,304 $160,300 $44,600 $115,700
2015 $3,217 $160,300 $44,600 $115,700
2014 $3,132 $160,300 $44,600 $115,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73131837

MLS Property Information Network (MLS PIN)

APN: WORC-000034-000030-000038