NOT LISTED FOR SALE

5 Newton Ave Worcester, MA 01602

Newton Square Neighborhood

Estimated Value: $744,000 - $897,000

4 Beds
2 Baths
3,903 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $213,000 $55 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $5,289/month

30 Days on Market

About This Home

As of October 2013

5 Newton Ave. Worcester is the project you've been waiting for! Here is your chance to bring this Newton Square gem back to life! Huge legal 2-family (with finished 3rd floor apartment) needs a new owner that can spruce her up. This house is in a great location and on a fantastic corner lot, but needs a lot of work including a new roof, flooring, plaster/sheetrock, paint, bathroom & kitchen updates...the list goes on... BUT, the house has great bones and just needs a new owner with some vision because it has location location location! Lots of original detail, hardwood floors, high ceilings, doors. Huge barn/2-car garage in the rear may be a possibility for additional living space with city approval. Owners may not be able to completely empty the house so please plan your offer accordingly. Short sale professional negotiated by The Law Firm of Scott Wrenn.

Last Agent to Sell the Property

Scott Cheney

MA Homes, LLC License #453009644 Listed on: 08/19/2013

Last Buyer's Agent

Scott Cheney

MA Homes, LLC License #453009644 Listed on: 08/19/2013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,846

Year Built

1893

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Other Agent: 2.25
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1893

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Basement: Full, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 4

Lot Info

  • Assessor Parcel Number: M:11 B:013 L:00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Nov 20, 2013
Sold by
Gaval Steve N
Bought by
5 Newton Ave Worcester and Gaval
Seller's Agent
Scott Cheney
MA Homes, LLC
Buyer's Agent
Scott Cheney
MA Homes, LLC
List Price
$200,000
Sold Price
$213,000
Premium/Discount to List
$13,000
6.5%
Current Estimated Value
$801,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,000
Avg. Annual Appreciation
11.86%
Original Mortgage
$215,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2013
Closed on
Oct 18, 2013
Sold by
Quiles William and Quiles Janis L
Bought by
Gaval Steve N
Seller's Agent
Scott Cheney
MA Homes, LLC
Buyer's Agent
Scott Cheney
MA Homes, LLC
List Price
$200,000
Sold Price
$213,000
Premium/Discount to List
$13,000
6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
5 Newton Ave Worcester -- --
5 Newton Ave Worcester -- --
Gaval Steve N $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Newton Ave Worcester Rt $400,000
Closed 5 Newton Ave Worcester Rt $400,000
Previous Owner 5 Newton Avenue Rt $396,800
Previous Owner 5 Newton Avenue Rt $326,250
Previous Owner 5 Newton Ave Worcester $215,000
Previous Owner Quiles William $268,100
Previous Owner Quiles Janis $268,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $213,000 +6.5% $55 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $200,000 -- $51 / 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 $10,846 $822,300 $118,500 $703,800
2024 $10,014 $728,300 $118,500 $609,800
2023 $10,353 $722,000 $103,000 $619,000
2022 $9,042 $594,500 $82,400 $512,100
2021 $8,153 $500,800 $66,000 $434,800
2020 $8,163 $480,200 $66,000 $414,200
2019 $8,201 $455,600 $59,400 $396,200
2018 $8,006 $423,400 $59,400 $364,000
2017 $7,500 $390,200 $59,400 $330,800
2016 $6,733 $326,700 $43,500 $283,200
2015 $2,274 $113,300 $43,500 $69,800
2014 $4,992 $255,500 $43,500 $212,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Scott Cheney

    MA Homes, LLC

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71571864

MLS Property Information Network (MLS PIN)

APN: WORC-000011-000013-000003

Massachusetts Worcester County Worcester 01602 Newton Square

5 Newton Ave, Worcester, MA

This home is located at 5 Newton Ave, Worcester, MA 01602 since 19 August 2013 and is currently estimated at $798,667, approximately $204 per square foot. This property was built in 1893. 5 Newton Ave is a home located in Worcester County with nearby schools including Chandler Magnet, Jacob Hiatt Magnet School, and Midland Street.

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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