NOT LISTED FOR SALE

48 Olga Ave Unit 50 Worcester, MA 01605

Bell Hill Neighborhood

Estimated Value: $619,279 - $732,000

9 Beds
4.5 Baths
3,372 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $477,000 $141 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,172/month

8 Days on Market

Highlights

  • Community Stables
  • Granite Flooring
  • Jogging Path
  • Medical Services
  • Property is near public transit
  • Porch

About This Home

As of September 2021

Nice good size 3 Family 6-6-6, 3 bedroom each floor, 4 total baths, 1st floor has 2 baths. 3 lead certificates 2015, all separate utilities, hardwood floors, Rebuilt all front porches 2018, many vinyl window, replaced gutters 2021. Roof is slate was refurbished 2015 1st floor gas steam boiler, 2nd floor 2 gas parlor heaters, 3rd floor 2 gas parlor heaters, Water heaters 2014 and 2017. Some parlor heaters have been replaced. Owner of description of the property attached. Make an appointment to see and buy this beautiful investment GROUP SHOWYNG AUG 17 Tuesday 4:00-4:45

Last Agent to Sell the Property

Mila Ivanova

Coldwell Banker Realty - Worcester Listed on: 08/16/2021

Coldwell Banker Realty - Worcester

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 1915

Lot Details

  • 6,970

Home Design

  • Brick Foundation
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 3,372 Sq Ft Home
  • Insulated Windows
  • Washer

Flooring

  • Wood
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $3,450
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 00036 / 0009
  • Assessor Parcel Number 1778035

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Community Stables
  • Jogging Path

Building Details

  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,430

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1915
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Pantry,Lead Certification Available), Unit 2(Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Full, Interior Entry
  • Living Area: 3372
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar, Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Tile
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Highway Access, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1778035
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • LOT SIZE: 6870

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4430
  • Tax Block: 0009
  • Tax Lot: 00036

Multi Family

  • Net Operating Income: 41400
  • Number Of Units Total: 3
  • Total Actual Rent: 3450
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 30, 2021
Sold by
Binto John and Binto John
Bought by
Kansal Mohit and Agnihotri Parul
Seller's Agent
Mila Ivanova
Coldwell Banker Realty - Worcester
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$450,000
Sold Price
$477,000
Premium/Discount to List
$27,000
6%
Current Estimated Value
$673,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,070
Avg. Annual Appreciation
8.72%
Original Mortgage
$357,750
Outstanding Balance
$326,235
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$346,835

Purchase Details

Closed on
Apr 25, 2016
Sold by
Binto John and Binto John
Bought by
John Binto and Manley Rachel

Purchase Details

Listed on
Apr 13, 2014
Closed on
Jun 10, 2014
Sold by
Okoli Ikechukwu
Bought by
Binto John and Manley Rachel
Seller's Agent
Robert Marquedant
Selective Homes Realty
Buyer's Agent
Mila Ivanova
Coldwell Banker Realty - Worcester
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Listed on
Feb 17, 2012
Closed on
Oct 31, 2012
Sold by
Bank Of New York Mello
Bought by
Okoli Ikechukwn
Seller's Agent
Michael Rodriguez
MAC Realty
Buyer's Agent
Robert Marquedant
Selective Homes Realty
List Price
$120,000
Sold Price
$120,199
Premium/Discount to List
$199
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.20%
Original Mortgage
$90,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2012
Sold by
Olwana Louis A and Litton Loan Servicing
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 9, 2005
Sold by
Roman Diana
Bought by
Olwana Louis A

Purchase Details

Closed on
Jul 15, 1998
Sold by
Mojica Bennett F and Mojica Elisa I
Bought by
Roman Diana

Purchase Details

Closed on
Jan 18, 1996
Sold by
Sentiger Caul and Sentiger Valerie
Bought by
Mojica Bennett and Mojica Elisa

Purchase Details

Closed on
Apr 2, 1990
Sold by
Gorman Robert
Bought by
Sentiger Caull S
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kansal Mohit $477,000 None Available
John Binto -- --
John Binto -- --
Binto John $200,000 --
Okoli Ikechukwn $120,199 --
Bank Of New York $202,000 --
Bank Of New York $202,000 --
Olwana Louis A $333,000 --
Olwana Louis A $333,000 --
Roman Diana $90,000 --
Roman Diana $90,000 --
Mojica Bennett $20,000 --
Mojica Bennett $20,000 --
Sentiger Caull S $129,900 --
Sentiger Caull S $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kansal Mohit $357,750
Previous Owner Okoli Ikechukwn $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $477,000 +6.0% $141 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $450,000 +125.0% $133 / Sq Ft
06/10/2014 06/10/14 Sold $200,000 -11.1% $54 / Sq Ft View Prior Sale
05/11/2014 05/11/14 Pending -- -- --
04/13/2014 04/13/14 For Sale $224,900 +87.1% $61 / Sq Ft
10/31/2012 10/31/12 Sold $120,199 +0.2% $31 / Sq Ft View Prior Sale
10/01/2012 10/01/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $120,000 -- $31 / 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 $7,567 $573,700 $96,500 $477,200
2024 $7,011 $509,900 $96,500 $413,400
2023 $6,711 $468,000 $83,900 $384,100
2022 $5,851 $384,700 $67,100 $317,600
2021 $4,430 $272,100 $53,700 $218,400
2020 $4,136 $243,300 $53,300 $190,000
2019 $4,109 $228,300 $46,500 $181,800
2018 $4,039 $213,600 $46,500 $167,100
2017 $3,815 $198,500 $46,500 $152,000
2016 $3,599 $174,600 $33,000 $141,600
2015 $3,504 $174,600 $33,000 $141,600
2014 $3,382 $173,100 $33,000 $140,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mila Ivanova

    Coldwell Banker Realty - Worcester

    (508) 757-3474

    3 in this area

    21 Total Sales

    Mila Ivanova
    Section Image

  • T

    Buyer's Agent in 2021

    The Riel Estate Team

    Keller Williams Pinnacle Central

    (508) 213-1285

    13 in this area

    524 Total Sales

    The Riel Estate Team
    Section Image

  • R

    Seller's Agent in 2014

    Robert Marquedant

    Selective Homes Realty

    (508) 341-5630

    1 in this area

    6 Total Sales

    Robert Marquedant
    Section Image

  • M

    Seller's Agent in 2012

    Michael Rodriguez

    MAC Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72881749

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000009-000036

Massachusetts Worcester County Worcester 01605 Bell Hill

48 Olga Ave Unit 50, Worcester, MA

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