$190,000
SOLD MAY 2, 2014

48 Beaver St Worcester, MA 01603

University Park Neighborhood
9 Beds
3 Baths
3,285 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

16% Below List Price

29 Days on Market

About This Home

As of November 2016

Good sized 3 Family just a stones throw from Clark University, perfect for student rentals. This multi-fam has 3 bedrooms per unit, hardwood flooring through out , a newer boiler for the 2nd floor as well as newer water heater. Will require some updates, but overall a solid home. Great opportunity for investor who realizes the limitless supply of student rentals..

Last Agent to Sell the Property

Ronald Garabedian

Lamacchia Realty, Inc. Listed on: 03/04/2014

Lamacchia Realty, Inc.

Last Buyer's Agent

Elizabeth Champi

Property Investors & Advisors, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,410

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, University
  • Electric: Circuit Breakers, 100 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Schools

  • Middle School: Sullivan
  • High School: South

Lot Info

  • Assessor Parcel Number: M:08 B:012 L:00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
Maka Peter M
Bought by
Mejia Wilson
Current Estimated Value
$774,827

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
13.29%
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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $369,000 --
Not Resolvable $250,000 --
Not Resolvable $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $652,955 FHA
Closed $48,755 FHA
Closed $367,333 FHA
Closed $362,316 FHA
Previous Owner $50,000 New Conventional
Previous Owner $156,000 No Value Available
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

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 $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

    4 in this area

    836 Total Sales

    Section Image

  • R

    Seller's Agent in 2014

    Ronald Garabedian

    Lamacchia Realty, Inc.

    Section Image
  • Elizabeth Champi

    Buyer's Agent in 2014

    Elizabeth Champi

    Property Investors & Advisors, LLC

    (508) 918-0160

    1 in this area

    129 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71640052

MLS Property Information Network (MLS PIN)

APN: WORC-000008-000012-000006

Massachusetts Worcester County Worcester 01603 University Park

48 Beaver St, Worcester, MA

This home is located at 48 Beaver St, Worcester, MA 01603 and is currently priced at $190,000, approximately $57 per square foot. This property was built in 1915. 48 Beaver St is a home located in Worcester County with nearby schools including Columbus Park Preparatory Academy, Jacob Hiatt Magnet School, and Chandler Magnet.

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.

MLS Property Information Network (MLS PIN) 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