48 Sagamore Rd Worcester, MA 01609
Indian Lake East Neighborhood
6
Beds
2
Baths
2,640
Sq Ft
6,534
Sq Ft Lot
About This Home
As of June 2024Trying to break into the multi-family market in the city of Worcester--this is your opportunity! An amazing combination of quality features like hardwood floors, moldings, french doors and window seats combined with updated circuit breakers (knob and tube removed per owners), blown in insulation and lifetime slate roof. Unit 1 uses coin-operated laundry in basement while unit 2 has hook-ups off the kitchen. Short walk to new shopping area and other conveniences. Be a part of all that Worcester has to offer with 10 colleges including WPI, Assumpton and Holy Cross nearby, 2 hospitals including UMASS Hospital and Medical School, cultural venues like the Hanover Theatre (in walking distance!), the Ecotarium and Worcester Art Museaum, and sports teams with Railers hockey and both Bravehearts and the Woo Sox for baseball. SHOWINGS WILL BEGIN BY APPOINTMENT MONDAY FOR PRE-APPROVED BUYERS. SEE BLOCKS AVAILABLE ON SHOWING TIME
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,376
Year Built
- Built in 1926
Parking
- 2 Car Garage
Flooring
- Wood
- Tile
Additional Features
- Porch
- Year Round Access
- Electric Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:20 B:003 L:00026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
Dec 2, 2020
Sold by
Smith Francis W and Heinold Thomas D
Bought by
Muthukrishnan Selvakumar and Durai Srividhya
Seller's Agent
Lee Joseph
Coldwell Banker Realty - Worcester
Buyer's Agent
Sue Ganas Tolley
RE/MAX Vision
List Price
$410,000
Sold Price
$409,250
Premium/Discount to List
-$750
-0.18%
Total Days on Market
7
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
$225,547
Avg. Annual Appreciation
10.20%
Original Mortgage
$306,900
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2005
Sold by
Nguyen Can
Bought by
Smith Francis W and Heinold Rosemary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2001
Sold by
Markos Abraham O
Bought by
Nguyen Can
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 20, 2000
Sold by
Mccauliffe Mary E
Bought by
Markos Abraham O
Similar Homes 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 | $409,250 | None Available | |
| Deed | $305,000 | -- | |
| Deed | $305,000 | -- | |
| Deed | $305,000 | -- | |
| Deed | $240,000 | -- | |
| Deed | $240,000 | -- | |
| Deed | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $322,000 | Purchase Money Mortgage | |
| Closed | $322,000 | Purchase Money Mortgage | |
| Closed | $306,900 | New Conventional | |
| Previous Owner | $180,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $228,750 | Purchase Money Mortgage | |
| Previous Owner | $45,700 | No Value Available | |
| Previous Owner | $192,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $622,000 | -1.3% | $236 / Sq Ft |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $629,900 | +53.9% | $239 / Sq Ft |
| 12/09/2020 12/09/20 | Sold | $409,250 | -0.2% | $155 / Sq Ft |
| 10/29/2020 10/29/20 | Pending | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $410,000 | -- | $155 / 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 | $7,376 | $559,200 | $118,200 | $441,000 |
| 2024 | $7,035 | $511,600 | $118,200 | $393,400 |
| 2023 | $6,573 | $458,400 | $101,800 | $356,600 |
| 2022 | $6,070 | $399,100 | $81,500 | $317,600 |
| 2021 | $4,837 | $297,100 | $65,200 | $231,900 |
| 2020 | $4,570 | $268,800 | $65,000 | $203,800 |
| 2019 | $4,662 | $259,000 | $62,600 | $196,400 |
| 2018 | $4,593 | $242,900 | $62,600 | $180,300 |
| 2017 | $4,405 | $229,200 | $62,600 | $166,600 |
| 2016 | $4,437 | $215,300 | $51,300 | $164,000 |
| 2015 | $4,321 | $215,300 | $51,300 | $164,000 |
| 2014 | $4,207 | $215,300 | $51,300 | $164,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Ganas Tolley
Seller's Agent in 2024
Sue Ganas Tolley
Re/Max Vision
(508) 902-7827
2 in this area
46 Total Sales
-
Mandel Comeau
Buyer's Agent in 2024
Mandel Comeau
Fathom Realty MA
(617) 980-2239
1 in this area
5 Total Sales
-
Lee Joseph
Seller's Agent in 2020
Lee Joseph
Coldwell Banker Realty - Worcester
(508) 847-6017
4 in this area
295 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72747361
APN: WORC-000020-000003-000026
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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