45-47 Farrar Ave Worcester, MA 01604
Grafton Hill NeighborhoodEstimated Value: $562,000 - $642,000
4
Beds
2
Baths
2,052
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Home Office
- Property is near public transit
- Corner Lot
- Porch
About This Home
As of April 2024**OPEN HOUSE CANCELED!!** Welcome to 45-47 Farrar Ave; a spacious 2-family on a large, corner lot that will be vacant! Family-owned for the last 65 years, this is a great opportunity for an owner-occupant to give it the same love for years to come while getting some help paying the mortgage. The 1st floor offers 2 good-sized bedrooms, granite countertops, and hardwood floors scattered throughout. Second floor has a similar layout to the 1st unit with an added bonus; extra room that would be great for storage as-is or add heat to create some additional living area. Convenient in-unit laundry available on the 2nd floor. The roof & boiler were installed in 2010, replacement windows in 2012, and individually metered electric. Two car garage has automatic door openers and can be rented out for additional income source if desired. Enjoy city living w/ easy access to parks, restaurants, under 2 miles to Polar Park, and 290. Don’t miss your opportunity to own this amazing two-family!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,521
Year Built
- Built in 1945
Lot Details
- 10,000 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Cleared Lot
- Garden
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,052 Sq Ft Home
- Property has 1 Level
- Living Room
- Home Office
- Home Security System
Kitchen
- Oven
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Worcester East Middle School
- Worcester East High School
Utilities
- 1 Heating Zone
- Heating System Uses Oil
- Heating System Uses Steam
- Separate Meters
Listing and Financial Details
- Total Actual Rent $4,000
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water)
- Assessor Parcel Number M:18 B:031 L:01+02
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Electric Expense $2,400
- Operating Expense $4,700
- Net Operating Income $43,300
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Sulkollari Mitat | $572,649 | |
| Closed | Hunt Carol A | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $600,000 | +9.1% | $292 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $549,900 | -- | $268 / 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 | $6,157 | $466,800 | $118,700 | $348,100 |
| 2024 | $5,904 | $429,400 | $118,700 | $310,700 |
| 2023 | $5,521 | $385,000 | $103,200 | $281,800 |
| 2022 | $5,077 | $333,800 | $82,600 | $251,200 |
| 2021 | $4,591 | $282,000 | $66,100 | $215,900 |
| 2020 | $4,352 | $256,000 | $66,100 | $189,900 |
| 2019 | $4,363 | $242,400 | $59,500 | $182,900 |
| 2018 | $4,302 | $227,500 | $59,500 | $168,000 |
| 2017 | $4,128 | $214,800 | $59,500 | $155,300 |
| 2016 | $4,050 | $196,500 | $43,700 | $152,800 |
| 2015 | $3,944 | $196,500 | $43,700 | $152,800 |
| 2014 | $3,840 | $196,500 | $43,700 | $152,800 |
Source: Public Records
Agents Affiliated with this Home
-
James Black
Seller's Agent in 2024
James Black
Real Broker MA, LLC
(508) 365-3532
15 in this area
847 Total Sales
-
Valbona Lavdari
Buyer's Agent in 2024
Valbona Lavdari
(978) 729-8078
1 in this area
20 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73205982
APN: WORC-000018-000031-000001-000002
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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