NOT LISTED FOR SALE

5 Rice Ln Worcester, MA 01604

Union HIll Neighborhood

Estimated Value: $457,000 - $590,000

6 Beds
3 Baths
1,935 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $130,000 $67 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $3,064/month

63 Days on Market

About This Home

As of February 2015

Turn-key 3 family. Hardwood floors throughout, updated electrical, newer roof, replacement windows and huge backyard. All separate utilities. Washer dryer in units. Recent FHA heating systems for 2nd and 3rd floor. Plenty off-street parking. back yard could be used for additional parking. Easy access to I-290, 146 and Mass Pike. Great for both owner occupied and/or investor. Long term tenants.

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 11/19/2014

Real Broker MA, LLC

Last Buyer's Agent

Raymund Lopolito

Starterline

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl
  • Basement: Full, Crawl

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: On Street Permit, Unpaved Driveway, Other (See Remarks)
  • Parking Spaces: 0

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Lot Info

  • Assessor Parcel Number: M:35 B:002 L:00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2014
Closed on
Feb 20, 2015
Sold by
Maka Peter
Bought by
Viola Llc
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Raymund Lopolito
Starterline
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$519,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,667
Avg. Annual Appreciation
13.50%
Original Mortgage
$97,500
Outstanding Balance
$73,965
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$445,702

Purchase Details

Closed on
Aug 30, 2004
Sold by
Belk Gail B and Belk Robert G
Bought by
Maka Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Viola Llc $130,000 --
Maka Peter $224,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viola Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2015 02/20/15 Sold $130,000 -13.3% $67 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $150,000 -- $78 / 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 $4,376 $331,800 $85,400 $246,400
2024 $4,301 $312,800 $85,400 $227,400
2023 $3,975 $277,200 $74,300 $202,900
2022 $3,555 $233,700 $59,400 $174,300
2021 $2,956 $181,600 $47,500 $134,100
2020 $2,722 $160,100 $47,200 $112,900
2019 $2,774 $154,100 $41,200 $112,900
2018 $2,827 $149,500 $41,200 $108,300
2017 $2,704 $140,700 $41,200 $99,500
2016 $2,576 $125,000 $30,100 $94,900
2015 $2,051 $102,200 $30,100 $72,100
2014 $1,997 $102,200 $30,100 $72,100
Source: Public Records

Agents Affiliated with this Home

  • James Black

    Seller's Agent in 2015

    James Black

    Real Broker MA, LLC

    (508) 365-3532

    6 in this area

    815 Total Sales

    James Black
    Section Image
  • Raymund Lopolito

    Buyer's Agent in 2015

    Raymund Lopolito

    Starterline

    (774) 253-3967

    1 in this area

    36 Total Sales

    Raymund Lopolito
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71770556

MLS Property Information Network (MLS PIN)

APN: WORC-000035-000002-000047

Massachusetts Worcester County Worcester 01604 Union HIll

5 Rice Ln, Worcester, MA

Not Listed for Sale

MultiFamily

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