Justin Panarelli
Panarelli Properties, Inc.
(774) 300-3076
50 Total Sales
1 in Main South
$350,000 Price
5 Cheney St Worcester, MA 01610
Main South NeighborhoodEstimated Value: $663,033
8
Beds
3
Baths
2,864
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Enclosed Patio or Porch
- Fenced
- Wood Flooring
- Tandem Parking
About This Home
As of October 2023Amazing opportunity to own this meticulously maintained 3 Family. Prime location just minutes from Clark University. 1st & 2nd Floor offers 3 Beds & 1 Full Bath similar layout. 3rd Floor offers 2 beds, 1 full bath. In-building Laundry. Young heating systems (hot water baseboard for 1st & 2nd), Parlor Heater for 3rd Floor. Updated electrical and new gas lines to the property all individually metered. Letters of Compliance for all 3 Units. All tenants are on leases util Spring 2024. Rents below market value. Older roof. Paved driveway with parking for 2-3 cars Tandem. Fenced in yard. Walking distance to Clark University.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,906
Year Built
- Built in 1894
Lot Details
- 4,820 Sq Ft Lot
- Fenced
Home Design
- 2,864 Sq Ft Home
- Brick Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $3,450
- Legal Lot and Block 00033 / 005
- Assessor Parcel Number 5026,1768607
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $41,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2023
Closed on
Oct 13, 2023
Sold by
Bought by
Seller's Agent
Ascension Realty Group
Excelsior Realty
Buyer's Agent
Otis Tat
Excelsior Realty
List Price
$479,900
Sold Price
$490,000
Premium/Discount to List
$10,100
2.1%
Views
6
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
$173,033
Avg. Annual Appreciation
11.41%
Purchase Details
Closed on
Oct 6, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 14, 1997
Sold by
Bought by
Purchase Details
Closed on
Mar 25, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Main South, MA
-
Justin Panarelli
-
Elaine Evans Group
Elaine Evans Group
RE/MAX Generations
(774) 307-7101
155 Total Sales
1 in Main South
$630,000 Price
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
68 Total Sales
1 in Main South
$515,000 Price
-
Myai Emery-Le
Myai Emery-Le
Emery-Le Team Realty, LLC
(508) 552-4898
41 Total Sales
2 in Main South
$595K - $600K Price Range
-
Kelly Nelson
Kelly Nelson
Blue Sky Realty
(774) 772-5572
57 Total Sales
1 in Main South
$1,175,000 Price
-
Rachel Hillman Foy
Rachel Hillman Foy
Hillman Homes
(774) 806-8325
138 Total Sales
1 in Main South
$795,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $490,000 | None Available | ||
| -- | -- | ||
| $58,000 | -- | ||
| $30,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $490,000 | +2.1% | $171 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | For Sale | $479,900 | -- | $168 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,431 | $487,600 | $52,400 | $435,200 |
| 2024 | $5,361 | $389,900 | $52,400 | $337,500 |
| 2023 | $4,906 | $342,100 | $41,500 | $300,600 |
| 2022 | $4,422 | $290,700 | $33,200 | $257,500 |
| 2021 | $3,544 | $217,700 | $26,500 | $191,200 |
| 2020 | $3,244 | $190,800 | $26,500 | $164,300 |
| 2019 | $3,413 | $189,600 | $25,300 | $164,300 |
| 2018 | $3,453 | $182,600 | $25,300 | $157,300 |
| 2017 | $3,256 | $169,400 | $25,300 | $144,100 |
| 2016 | $3,195 | $155,000 | $17,800 | $137,200 |
| 2015 | $3,111 | $155,000 | $17,800 | $137,200 |
| 2014 | $3,029 | $155,000 | $17,800 | $137,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ascension Realty Group
A
Seller's Agent in 2023
Ascension Realty Group
Excelsior Realty
1 in this area
13 Total Sales
-
Krystal Nguyen
K
Seller Co-Listing Agent in 2023
Krystal Nguyen
Excelsior Realty
(774) 253-1737
1 in this area
8 Total Sales
-
Otis Tat
Buyer's Agent in 2023
Otis Tat
Excelsior Realty
(508) 736-2735
8 in this area
113 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73158665
APN: WORC-000007-000005-000033
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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