Seller's Agent in 2022
Christine Reilly
ERA Key Realty Services - Worcester
(508) 615-1526
126 Total Sales
5 Lake St Webster, MA 01570
Estimated Value: $447,000 - $525,000
3
Beds
3
Baths
1,922
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Laundry Room
- Tile Flooring
- 1 Fireplace
- Shops
- 2-minute walk to Guenther Square
About This Home
As of June 2022Attention Investors & Owner Occupants! Welcome Home to one of the Most Beautiful, Tastefully Updated and Turn-key Multi-Family Homes in Town! This 3 Family home has been totally updated over the past 15 years including, windows, siding, roof, electrical, plumbing, water heaters etc... Two Units have Updated Interiors in the past two years. All three units are turn key, clean, and ready to go! Proudly maintained with responsible tenants. First Floor Unit is Owner Occupied and will be delivered vacant. One stall garage with new opener available for additional income or owner occupied use. Plenty of off street parking in back of building. Prime downtown location across from the Library. Group Showings to Qualified Buyers will be Saturday 05/14/22 From 11:00am to 2:00pm. Please see attached feature sheet for most recent updates. Quick closing possible. All other Showings will be Unit 1 and Basement only. Any/ All offers will be reviewed Monday May 16 after 5pm.
Last Agent to Sell the Property
ERA Key Realty Services - Worcester Listed on: 05/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,589
Year Built
- Built in 1820
Lot Details
- 8,059 Sq Ft Lot
- Landscaped Professionally
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Radon Mitigation System
Interior Spaces
- 1,922 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Insulated Windows
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Location
- Property is near schools
Schools
- Park Ave Elementary School
- Webster Middle School
- Bartlett High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Total Actual Rent $2,920
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:1 B:J P:9,1744798
Community Details
Building Details
- Electric Expense $535
- Insurance Expense $1,200
- Water Sewer Expense $514
- Operating Expense $5,458
Additional Features
- 3 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2020
Closed on
Aug 19, 2020
Sold by
French Robert A and French Nancy J
Bought by
French Robert T and Buck Randall A
Seller's Agent
Christine Reilly
ERA Key Realty Services - Worcester
Buyer's Agent
Christine Reilly
ERA Key Realty Services - Worcester
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
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
$238,700
Avg. Annual Appreciation
12.28%
Original Mortgage
$187,500
Outstanding Balance
$168,272
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$282,097
Purchase Details
Closed on
Mar 1, 2004
Sold by
Foley James E and Foley Richard D
Bought by
French Robert A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| French Robert T | $250,000 | None Available | |
| French Robert A | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | French Robert T | $187,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $405,000 | +9.8% | $211 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | For Sale | $369,000 | +47.6% | $192 / Sq Ft |
| 08/31/2020 08/31/20 | Sold | $250,000 | -7.4% | $130 / Sq Ft |
| 05/08/2020 05/08/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | For Sale | $269,900 | -- | $140 / 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 | $3,735 | $314,400 | $51,200 | $263,200 |
| 2024 | $3,684 | $302,500 | $49,200 | $253,300 |
| 2023 | $3,170 | $253,600 | $46,900 | $206,700 |
| 2022 | $2,920 | $209,200 | $45,500 | $163,700 |
| 2021 | $2,206 | $146,100 | $45,500 | $100,600 |
| 2020 | $2,041 | $135,500 | $45,500 | $90,000 |
| 2019 | $1,935 | $126,200 | $45,500 | $80,700 |
| 2018 | $1,785 | $116,000 | $45,500 | $70,500 |
| 2017 | $1,722 | $113,800 | $44,600 | $69,200 |
| 2016 | $1,723 | $113,800 | $44,600 | $69,200 |
| 2015 | $1,637 | $111,500 | $43,700 | $67,800 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Reilly
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72975815
APN: WEBS-000001-J000000-000009
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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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