NOT LISTED FOR SALE

48 Water St Unit 414 Worcester, MA 01604

Green Island Neighborhood

Estimated Value: $271,000 - $456,000

1 Bed
2 Baths
1,028 Sq Ft
1890 Built

Last Sold October 16, 2017

Last sale price $226,000 $220 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,425/month

1 Day on Market

About This Home

As of October 2017

Introducing the beautifully restored Canal Lofts located in Worcester's 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, wide-plank flooring, soaring ceilings and luxurious kitchens & baths. The building has 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.

Last Agent to Sell the Property

John Keith

Keith Brokerage, LLC Listed on: 09/25/2017

Last Buyer's Agent

Tracy Kok

Keith Brokerage, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,176

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Upper, Top/Penthouse
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise, Loft
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Renovated Since
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Interior Amenities: Cable Available
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 2
  • Main Lo: NB3146
  • Main So: NB3146

Exterior Features

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

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condominium Name: Canal Lofts
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Reserve Funds
  • Association Security: Intercom, TV Monitor
  • Management: Professional - On Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 33
  • Unit Building: 414

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:04 B:020 L:00414
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 16, 2017
Sold by
Canal 2 Llc
Bought by
Cremer Till
Seller's Agent
John Keith
Keith Brokerage, LLC
Buyer's Agent
Tracy Kok
Keith Brokerage, LLC
List Price
$226,000
Sold Price
$226,000
Current Estimated Value
$376,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,097
Avg. Annual Appreciation
6.80%
Original Mortgage
$180,800
Outstanding Balance
$150,067
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$226,030

Purchase Details

Closed on
Aug 11, 2017
Sold by
Canallofts Lp
Bought by
Canal Lofts 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,413
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Cremer Till $226,000 --
Canal Lofts 2 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cremer Till $180,800
Previous Owner Canal Lofts Lp $975,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $226,000 0.0% $220 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $226,000 -- $220 / 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 $4,176 $316,600 $0 $316,600
2024 $4,353 $316,600 $0 $316,600
2023 $4,739 $330,500 $0 $330,500
2022 $4,423 $290,800 $0 $290,800
2021 $3,655 $224,500 $0 $224,500
2020 $3,691 $217,100 $0 $217,100
2019 $4,014 $223,000 $0 $223,000
2018 $1,715 $90,700 $0 $90,700
2017 $1,743 $90,700 $0 $90,700
2016 $1,869 $90,700 $0 $90,700
2015 $1,820 $90,700 $0 $90,700
2014 $1,772 $90,700 $0 $90,700
Source: Public Records

Agents Affiliated with this Home

  • John Keith

    Seller's Agent in 2017

    John Keith

    Keith Brokerage, LLC

    (617) 750-2709

    37 Total Sales

    John Keith
    Section Image
  • Tracy Kok

    Buyer's Agent in 2017

    Tracy Kok

    Keith Brokerage, LLC

    (508) 463-6481

    3 in this area

    96 Total Sales

    Tracy Kok
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72233497

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000020-000414

Massachusetts Worcester County Worcester 01604 Green Island

48 Water St Unit 414, Worcester, MA

This home is located at 48 Water St Unit 414, Worcester, MA 01604 since 25 September 2017 and is currently estimated at $376,097, approximately $365 per square foot. This property was built in 1890. 48 Water St Unit 414 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Union Hill School.

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