NOT LISTED FOR SALE

Estimated Value: $515,090 - $623,000

6 Beds
3 Baths
4,500 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $405,000 $90 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,911/month

8 Days on Market

Highlights

  • City View
  • Balcony
  • Enclosed patio or porch
  • Wood Flooring

About This Home

As of April 2021

Invest in Worcester and have others pay your mortgage! 3 FAMILY IN UMASS MEDICAL AREA. EASY COMMUTE TO rt-9 AND I-290. Perfect for owner occupier or investor. Currently the property is vacant but has been approved for Section-8 & could be occupied very quickly. Fair market rent is $1,450 each unit for a total of $4,350 a month. That can provide a great return on your investment or mortgage helper. First floor unit has a new gas forced hot water system and some electric baseboard, other 2 units have gas parlor heaters and electric baseboard. The property has a newer roof which has not had a single leak in years, all hot water heaters are new, plumbing and electric service has been updated. Plenty of off street parking. This property will qualify for an FHA loan! Washer and dryer hookups are available in the basement. The property is within 0.5 miles from UMass Memorial and within 1.5 miles from UMass Medical School making it a perfect opportunity for rental potential.

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group Listed on: 03/04/2021

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,314

Year Built

  • Built in 1910

Lot Details

  • 3,920

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Additional Features

  • City Views
  • Year Round Access
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:16 B:005 L:00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,314

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 83.33
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Main Lo: K95593
  • Main So: H11111
  • Estimated Sq Ft: 4500.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Shingles, Aluminum
  • Exterior Features: Porch, Porch - Enclosed, Balcony, City View(s)
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Heat Zones: 3
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Schools

  • Middle School: Jacob Hiatt Mag

Lot Info

  • Assessments: 197300.00
  • Acre: 0.09
  • Lot Size: 4019.00
  • Page: 64
  • Parcel Number: M:16 B:005 L:00021
  • Zoning: RG-5
  • Lot Description: Corner, Wooded, City View(s), Gentle Slope

Multi Family

  • Total Levels: 3
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3354.00
  • Assessor Parcel Number: 1777791
  • Tax Year: 2020

MLS Schools

  • Middle School: Jacob Hiatt Mag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 15, 2021
Sold by
5 Blodgett Place Llc
Bought by
Low Stephen and Low Jie
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Non Member
Non Member Office
List Price
$375,000
Sold Price
$405,000
Premium/Discount to List
$30,000
8%
Total Days on Market
8
Current Estimated Value
$588,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,023
Avg. Annual Appreciation
9.45%
Original Mortgage
$303,750
Outstanding Balance
$277,403
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,620

Purchase Details

Closed on
Mar 18, 2016
Sold by
Hsbc Bank Usa Na Tr
Bought by
Anastacio Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2016
Sold by
Strunk Raymond M and Hsbc Bank Usa Na Tr
Bought by
Hsbc Bank Usa Na Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Kelly Shawn
Bought by
Strunk Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Raziel Rt
Bought by
Kelly Shawn and Kelly Lurdes C

Purchase Details

Closed on
Jun 5, 2000
Sold by
Barr Henry L
Bought by
Raziel Rt
Source: Public Records

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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
Low Stephen $405,000 None Available
Anastacio Joel $70,314 --
Hsbc Bank Usa Na Tr $296,547 --
Strunk Raymond M $199,000 --
Kelly Shawn $83,000 --
Raziel Rt $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Low Stephen $303,750
Previous Owner 5 Blodgett Place Llc $231,300
Previous Owner Anastacio Joel $54,000
Previous Owner Strunk Raymond M $184,000
Previous Owner Raziel Rt $179,100
Previous Owner Raziel Rt $93,500
Previous Owner Raziel Rt $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $405,000 +8.0% $90 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $375,000 -- $83 / 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 $7,314 $554,500 $69,800 $484,700
2024 $6,718 $488,600 $69,800 $418,800
2023 $6,443 $449,300 $60,700 $388,600
2022 $5,606 $368,600 $48,600 $320,000
2021 $3,617 $222,200 $38,800 $183,400
2020 $3,354 $197,300 $38,600 $158,700
2019 $3,335 $185,300 $33,700 $151,600
2018 $3,262 $172,500 $33,700 $138,800
2017 $3,062 $159,300 $33,700 $125,600
2016 $2,912 $141,300 $24,800 $116,500
2015 $2,836 $141,300 $24,800 $116,500
2014 $2,761 $141,300 $24,800 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72793478

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000005-000021