NOT LISTED FOR SALE

5 Vecchia St Webster, MA 01570

Estimated Value: $413,790 - $504,000

4 Beds
2 Baths
2,192 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $365,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,725/month

12 Days on Market

About This Home

As of September 2022

Remarkable cash flowing investment opportunity! Location is everything for this property! Only 0.2 miles away from E. Main St. and within minutes drive to I-395. Close to Price Chopper Plaza, gas stations, restaurants, Planet Fitness gym, CVS pharmacy, etc. Furnaces and circuit breakers are separate for each unit. Convenient floor plan with hardwood floors. Separate front and rear entrances with each having their own deck space attached to their rear entrance. Spacious and well maintained yard, which is fenced along the backyard and sides of property. Selling property as is with Open House held 12 p.m. to 2 p.m. on Sunday, July 17th. Don't let this cash flowing opportunity pass you by! Highest and best offer due by 7 P.M. Sunday.

Last Agent to Sell the Property

Paul Veronis

Cameron Real Estate Group Listed on: 07/14/2022

Cameron Real Estate Group

Co-Listed By

Paige Marino

Byrnes Real Estate Group LLC License #453015809

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1935

Lot Details

  • 7,250 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,192 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $2,100
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number 1747343

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,341
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1935
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2192
  • Stories Total: 3
  • MAIN LO: AN7224
  • LIST PRICE PER Sq Ft: 159.67
  • PRICE PER Sq Ft: 166.51
  • MAIN SO: K95491

Exterior Features

  • Foundation Details: Concrete Perimeter, Block
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))

Lot Info

  • Parcel Number: 1747343
  • Zoning: RES Multi
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7250
  • Lot Size Units: Acres
  • PAGE: 379
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2365
  • Tax Book Number: 64344

Multi Family

  • Gross Income: 25200
  • Net Operating Income: 25200
  • Number Of Units Total: 2
  • Operating Expense: 8341
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Vecchia Street Rt
Bought by
Kbg Realty Properties Llc
Current Estimated Value
$450,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,909
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 7, 2012
Sold by
Fnma
Bought by
Vecchia Street Rt
Seller's Agent
Tony Economou
RE/MAX Vision
Buyer's Agent
Ryan LeBlanc
Property Solutions
List Price
$101,900
Sold Price
$94,900
Premium/Discount to List
-$7,000
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$90,175
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Rich Matthew J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 7, 1999
Sold by
Webster 5C Sb
Bought by
C Allen Realty Inc

Purchase Details

Closed on
May 28, 1999
Sold by
Wallace James B and Webster 5C Sb
Bought by
Webster 5C Sb

Purchase Details

Closed on
Apr 4, 1991
Sold by
Mitchell B Macqueen
Bought by
Wallace James B
Source: Public Records

Range of Values:

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Average Value
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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
Kbg Realty Properties Llc $215,000 None Available
Vecchia Street Rt $94,900 --
Federal National Mortgage Association $120,000 --
C Allen Realty Inc $60,000 --
Webster 5C Sb $60,000 --
Wallace James B $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbg Realty Properties Llc $450,000
Previous Owner Vecchia Street Rt $90,175
Previous Owner Wallace James B $135,200
Previous Owner Wallace James B $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $365,000 +4.3% $167 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $349,999 +268.8% $160 / Sq Ft
09/07/2012 09/07/12 Sold $94,900 -6.9% $43 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $101,900 -- $46 / 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 $4,002 $336,900 $55,700 $281,200
2024 $3,827 $314,200 $53,500 $260,700
2023 $2,786 $222,900 $46,300 $176,600
2022 $2,955 $211,700 $45,000 $166,700
2021 $2,365 $156,600 $45,000 $111,600
2020 $2,304 $153,000 $45,000 $108,000
2019 $2,293 $149,600 $45,000 $104,600
2018 $1,999 $129,900 $45,000 $84,900
2017 $1,900 $125,600 $44,100 $81,500
2016 $1,902 $125,600 $44,100 $81,500
2015 $1,807 $123,100 $43,200 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73012089

MLS Property Information Network (MLS PIN)

APN: WEBS-000024-G000000-000009