47 Maywood St Worcester, MA 01603
University Park Neighborhood
8
Beds
3
Baths
2,745
Sq Ft
7,405
Sq Ft Lot
About This Home
As of December 2019SUPREME STUDENT RENTAL INVESTMENT! Looking for the seasoned investor interested in reaping numerous benefits from a property located directly across the street from Clark University's campus. You've heard it before, LOCATION, LOCATION, LOCATION!!! It rings true and is an opportunity for the right investor(s) looking for a corner lot, 3-family student rental with a big front lawn, large off-street parking and 2 car garage. This project features 2 three-bedroom units (that could be converted to 4) and 1 two-bedroom unit. OPEN HOUSE IS TUESDAY 12/3 from 3:30 - 5:30 PM. ONLY CASH OFFERS WILL BE CONSIDERED. ALL OFFERS DUE THURSDAY 12/5 BY 5:00 PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,117
Year Built
- Built in 1890
Parking
- 2 Car Garage
Outdoor Features
- Porch
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2019
Closed on
Dec 19, 2019
Sold by
Equity T Co
Bought by
101 Merrifield St Assoc
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Jason Saphire
Saphire Hospitality, Inc.
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
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
$324,217
Avg. Annual Appreciation
13.01%
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 28, 2019
Closed on
Nov 14, 2019
Sold by
Pichette Robert R Est
Bought by
Equity T Co
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Jason Saphire
Saphire Hospitality, Inc.
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Similar Home in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $300,000 | None Available | |
| Personal Reps Deed | $252,000 | Highland Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $651,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/24/2019 12/24/19 | Sold | $300,000 | -4.8% | $109 / Sq Ft |
| 12/08/2019 12/08/19 | Pending | -- | -- | -- |
| 11/28/2019 11/28/19 | For Sale | $315,000 | +25.0% | $115 / Sq Ft |
| 11/21/2019 11/21/19 | Sold | $252,000 | +12.0% | $92 / Sq Ft |
| 09/17/2019 09/17/19 | Pending | -- | -- | -- |
| 09/15/2019 09/15/19 | For Sale | $225,000 | -- | $82 / 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 | $8,117 | $615,400 | $97,700 | $517,700 |
| 2024 | $7,910 | $575,300 | $97,700 | $477,600 |
| 2023 | $7,328 | $511,000 | $85,000 | $426,000 |
| 2022 | $6,598 | $433,800 | $68,000 | $365,800 |
| 2021 | $5,418 | $332,800 | $54,400 | $278,400 |
| 2020 | $3,621 | $213,000 | $54,000 | $159,000 |
| 2019 | $3,710 | $206,100 | $47,100 | $159,000 |
| 2018 | $3,774 | $199,600 | $47,100 | $152,500 |
| 2017 | $3,596 | $187,100 | $47,100 | $140,000 |
| 2016 | $3,442 | $167,000 | $33,400 | $133,600 |
| 2015 | $3,352 | $167,000 | $33,400 | $133,600 |
| 2014 | $3,263 | $167,000 | $33,400 | $133,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Saphire
Seller's Agent in 2019
Jason Saphire
Saphire Hospitality, Inc.
(877) 249-5478
1,267 Total Sales
-
Brian O'Neil
Seller's Agent in 2019
Brian O'Neil
Re/Max Vision
(508) 335-9128
1 in this area
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72596598
APN: WORC-000008-000009-000015
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