48 Beaver St Worcester, MA 01603
University Park NeighborhoodEstimated Value: $723,000 - $807,000
9
Beds
3
Baths
3,285
Sq Ft
$231/Sq Ft
Est. Value
About This Home
As of November 2016This three family is within walking distance to Clark University and is located within the tuition free zone. The exterior is low maintenance vinyl and the interior shows well. The building generates strong rent and is ready for the next owner.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$9,410
Year Built
1915
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Certified Treated
- Insc: 1800
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1915
Interior Features
- Has Basement: Yes
- Number of Rooms: 18
- Amenities: Public Transportation, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station
- Electric: 110 Volts, Circuit Breakers, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood, Vinyl
- Basement: Concrete Floor, Unfinished Basement
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch - Enclosed
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, On Street Permit
- Parking Spaces: 4
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 600
- Sewer: 775
Condo/Co-op/Association
- Total Units: 3
Schools
- Middle School: Sullivan
- High School: South
Lot Info
- Assessor Parcel Number: M:08 B:012 L:00006
- Zoning: RG-5
Multi Family
- APOD Available: Yes
- Total Bedrooms: 9
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 18
- Total Rent_1: 3129
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2018
Sold by
Maka Peter M
Bought by
Mejia Wilson
Total Days on Market
0
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
$362,316
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 17, 2016
Closed on
Nov 28, 2016
Sold by
22 Oliver Street Llc
Bought by
Maka Peter M
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$50,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 4, 2014
Closed on
May 2, 2014
Sold by
Atanian Florence
Bought by
22 Oliver Street Llc
Seller's Agent
Ronald Garabedian
Lamacchia Realty, Inc.
Buyer's Agent
Elizabeth Champi
Property Investors & Advisors, LLC
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mejia Wilson | $369,000 | -- | |
| Maka Peter M | $250,000 | -- | |
| 22 Oliver Street Llc | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Melitza D | $652,955 | |
| Closed | Mejia Wilson | $48,755 | |
| Closed | Mejia Wilson | $367,333 | |
| Closed | Mejia Wilson | $362,316 | |
| Previous Owner | Maka Peter M | $50,000 | |
| Previous Owner | 22 Oliver Street Llc | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2016 11/28/16 | Sold | $250,000 | -3.8% | $76 / Sq Ft |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- |
| 10/17/2016 10/17/16 | For Sale | $260,000 | +36.8% | $79 / Sq Ft |
| 05/02/2014 05/02/14 | Sold | $190,000 | -15.6% | $58 / Sq Ft |
| 04/02/2014 04/02/14 | Pending | -- | -- | -- |
| 03/04/2014 03/04/14 | For Sale | $225,000 | -- | $68 / 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 | $9,410 | $713,400 | $73,600 | $639,800 |
| 2024 | $8,620 | $626,900 | $73,600 | $553,300 |
| 2023 | $8,283 | $577,600 | $64,000 | $513,600 |
| 2022 | $7,219 | $474,600 | $51,200 | $423,400 |
| 2021 | $6,862 | $421,500 | $41,000 | $380,500 |
| 2020 | $6,300 | $370,600 | $40,700 | $329,900 |
| 2019 | $4,358 | $242,100 | $35,500 | $206,600 |
| 2018 | $4,253 | $224,900 | $35,500 | $189,400 |
| 2017 | $3,431 | $178,500 | $35,500 | $143,000 |
| 2016 | $3,275 | $158,900 | $26,000 | $132,900 |
| 2015 | $3,189 | $158,900 | $26,000 | $132,900 |
| 2014 | $3,105 | $158,900 | $26,000 | $132,900 |
Source: Public Records
Agents Affiliated with this Home
-
James Black
Seller's Agent in 2016
James Black
Real Broker MA, LLC
(508) 365-3532
851 Total Sales
-
Seller's Agent in 2014
Ronald Garabedian
Lamacchia Realty, Inc.
(508) 615-5058
-
Elizabeth Champi
Buyer's Agent in 2014
Elizabeth Champi
Property Investors & Advisors, LLC
(508) 918-0160
1 in this area
131 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72082436
APN: WORC-000008-000012-000006
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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