J
Seller's Agent in 2022
Jackson Restrepo
Property Investors & Advisors, LLC
(774) 413-0272
1 in this area
2 Total Sales
45 May St Worcester, MA 01610
University Park NeighborhoodEstimated Value: $624,000 - $693,000
8
Beds
3
Baths
3,365
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- Medical Services
- Park
- Shops
- Property is near public transit
- Laundry Room
- Coin Laundry
About This Home
As of December 2022Perfect turn key 3 family property for the owner occupant or investor! All the heavy lifting has been done. Roof, siding, windows, electric & boilers done. Separately metered electric panels and heating systems. brand new sewer pipe to the street has just been recently replaced. Private laundry area for all tenants to use. Spacious units with hardwood floors and updated bathrooms and kitchens. This property also falls in the Clark University scholarship for neighborhood students program! Tons of amenities in the area: Minutes from Elm park, supermarkets, pharmacies and restaurants nearby. Don't miss this opportunity!
Last Agent to Sell the Property
Property Investors & Advisors, LLC Listed on: 10/26/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,658
Year Built
- Built in 1890
Lot Details
- 3,308 Sq Ft Lot
- Gentle Sloping Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,365 Sq Ft Home
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,950
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:06 B:038 L:00051,1768128
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $47,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2017
Sold by
Babaian Peter S Est
Bought by
Restrepo Properties Ll
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Restrepo Properties Ll | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Di | $393,750 | |
| Closed | Restrepo Properties Llc | $275,800 | |
| Closed | Restrepo Properties Ll | $209,600 | |
| Closed | Restrepo Properties Ll | $160,000 | |
| Previous Owner | Babaian Peter S | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $525,000 | -1.9% | $156 / Sq Ft |
| 10/31/2022 10/31/22 | Pending | -- | -- | -- |
| 10/26/2022 10/26/22 | For Sale | $535,000 | -- | $159 / 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 | $6,975 | $528,800 | $61,400 | $467,400 |
| 2024 | $6,769 | $492,300 | $61,400 | $430,900 |
| 2023 | $6,272 | $437,400 | $53,400 | $384,000 |
| 2022 | $5,658 | $372,000 | $42,700 | $329,300 |
| 2021 | $4,679 | $287,400 | $34,200 | $253,200 |
| 2020 | $4,354 | $256,100 | $33,900 | $222,200 |
| 2019 | $3,866 | $214,800 | $29,600 | $185,200 |
| 2018 | $3,916 | $207,100 | $29,600 | $177,500 |
| 2017 | $3,694 | $192,200 | $29,600 | $162,600 |
| 2016 | $3,652 | $177,200 | $22,300 | $154,900 |
| 2015 | $3,556 | $177,200 | $22,300 | $154,900 |
| 2014 | $3,462 | $177,200 | $22,300 | $154,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Restrepo
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73052038
APN: WORC-000006-000038-000051
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.
Nearby Homes