NOT LISTED FOR SALE

48 Water St Unit 406 Worcester, MA 01604

Green Island Neighborhood

Estimated Value: $351,000 - $445,000

1 Bed
2 Baths
1,081 Sq Ft
$497/mo HOA Fee

Last Sold February 08, 2019

Last sale price $239,000 $221 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,945/month

33 Days on Market

About This Home

As of February 2019

Welcome to the beautifully restored Canal Lofts located in Worcester's increasingly popular Canal District. Once home to the W.H. Hill Envelope Company, the Canal Lofts are now ready to be home to you! 1 and 2 bedroom lofts are available featuring beautiful exposed brick, soaring ceilings and luxurious kitchens & baths. The building has a secure entry, elevator service, a community room and fitness center. Just outside your door the best of Worcester is waiting to be enjoyed! And, did we mention you're under a minute from the highway and just a short walk to the trains at Union Station! We can go on and on about these unique lofts and the quality of life that come with them, but we'd prefer to show you around. Contact us today to schedule a private tour. *Photos depict a model unit*

Last Agent to Sell the Property

John Keith

Keith Brokerage, LLC Listed on: 11/07/2018

Co-Listed By

Tracy Kok

Keith Brokerage, LLC

Last Buyer's Agent

Kelly Henderson

Keller Williams Pinnacle MetroWest

Keller Williams Pinnacle MetroWest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1890

Lot Details

  • Year Round Access

HOA Fees

  • $497 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:04 B:020 L:00406

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,312

Year Built

Built in 1890

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise, Loft
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 221.09
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Year Round: Yes
  • Unit Building: 406
  • Unit Level: 4
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half
  • Bathroom 2: On Level: Second Floor, Bathroom - Full
  • No Rooms: 3
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Second Floor
  • Living Room: On Level: First Floor
  • No Living Levels: 2
  • Main Lo: NB3146
  • Main So: K95491
  • Estimated Sq Ft: 1081.00

Exterior Features

  • Construction: Brick, Post & Beam
  • Exterior: Brick
  • Exterior Unit Features: City View(s)

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air
  • Heat Zones: 1
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, T-Station, University
  • HOA Fees: 497.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom, TV Monitor
  • Management: Professional - On Site, Professional - Off Site

Association/Amenities

  • Condominium Name: Canal Lofts

Lot Info

  • Page: 113
  • Parcel Number: M:04 B:020 L:00406
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 1770.00
  • Assessor Parcel Number: 4881193

Multi Family

  • No Units: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 8, 2019
Sold by
Canal 2 Llc
Bought by
Vinik Kevin M
Seller's Agent
John Keith
Keith Brokerage, LLC
Buyer's Agent
Kelly Henderson
Keller Williams Pinnacle MetroWest
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$393,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,618
Avg. Annual Appreciation
7.74%
Original Mortgage
$227,000
Outstanding Balance
$199,172
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$194,446

Purchase Details

Closed on
Aug 11, 2017
Sold by
Canallofts Lp
Bought by
Canal Lofts 2 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vinik Kevin M $239,000 Nelson & Oconnell Title Co I
Canal Lofts 2 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinik Kevin M $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $239,000 0.0% $221 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $239,000 0.0% $221 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $239,000 -- $221 / 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 $4,312 $326,900 $0 $326,900
2024 $4,495 $326,900 $0 $326,900
2023 $4,894 $341,300 $0 $341,300
2022 $4,566 $300,200 $0 $300,200
2021 $3,772 $231,700 $0 $231,700
2020 $3,810 $224,100 $0 $224,100
2019 $4,144 $230,200 $0 $230,200
2018 $1,770 $93,600 $0 $93,600
2017 $1,799 $93,600 $0 $93,600
2016 $1,929 $93,600 $0 $93,600
2015 $1,879 $93,600 $0 $93,600
2014 $1,829 $93,600 $0 $93,600
Source: Public Records

Agents Affiliated with this Home

  • John Keith

    Seller's Agent in 2019

    John Keith

    Keith Brokerage, LLC

    (617) 750-2709

    32 Total Sales

    John Keith
    Section Image
  • Tracy Kok

    Seller Co-Listing Agent in 2019

    Tracy Kok

    Keith Brokerage, LLC

    (508) 463-6481

    2 in this area

    88 Total Sales

    Tracy Kok
    Section Image

  • K

    Buyer's Agent in 2019

    Kelly Henderson

    Keller Williams Pinnacle MetroWest

    (508) 871-7141

    9 Total Sales

    Kelly Henderson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72421304

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000020-000406

Massachusetts Worcester County Worcester 01604 Green Island

48 Water St Unit 406, Worcester, MA

This home is located at 48 Water St Unit 406, Worcester, MA 01604 since 07 November 2018 and is currently estimated at $393,618, approximately $364 per square foot. This property was built in 1890. 48 Water St Unit 406 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Union Hill School.

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.

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