NOT LISTED FOR SALE

Estimated Value: $567,049 - $716,000

9 Beds
9 Baths
3,414 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $475,000 $139 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,853/month

34 Days on Market

About This Home

As of December 2021

Conveniently located three family property. Each unit features a living room, an eat-in kitchen, three bedrooms, a bath and a front porch. Some rooms have hardwood floors and some other rooms have laminate floors. There are also laundry connections in each unit. Large individual storage lockers are located in the basement. The electrical panels were updated 11 years ago. All tenants are TAW.

Last Agent to Sell the Property

Paul Murphy

Coldwell Banker Realty - Worcester Listed on: 10/08/2021

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Peter Costa

Spencer Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • 1913

Lot Details

  • 4,792

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Main St to Arbor Vitae St. Right to W Lake St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1913

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Concrete, Unfinished
  • Total Bathrooms: 9
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 140.01
  • PRICE PER Sq Ft: 139.13
  • MAIN SO: BB5180
  • Full Bathrooms: 9
  • Total Bedrooms: 9
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Varies Per Unit, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Hardwood Floors)
  • Interior Amenities: Storage, Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Bathroom With Tub & Shower)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: First Floor Heated By Forced Air/Gas. Second And Third Floors Heated By Gas Parlor Heaters And Electric Baseboard.
  • Lot Features: Other
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Central Heat,Electric Baseboard), Unit 3(Central Heat,Electric Baseboard)
  • HEAT UNITS: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Annual Water Sewer Expense: 3800

Lot Info

  • LOT SIZE: 4700
  • PAGE: 331
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: RL-7

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 33900
  • Insurance Expense: 2250
  • Property Net Operating Income: 33900
  • Number Of Units Total: 3
  • Annual Operating Expense: 6050
  • Total Actual Rent: 2825

Tax Info

  • Tax Annual Amount: 4054
  • Tax Block: 025
  • Tax Book Number: 46216
  • Tax Lot: 00014
  • Tax Map Number: 08
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 30, 2021
Sold by
Balayan Jirair M
Bought by
Hernandez Lisa and Hernandez Dennis
Seller's Agent
Paul Murphy
Coldwell Banker Realty - Worcester
Buyer's Agent
Peter Costa
Spencer Home Realty
List Price
$478,000
Sold Price
$475,000
Premium/Discount to List
-$3,000
-0.63%
Total Days on Market
34
Current Estimated Value
$636,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,512
Avg. Annual Appreciation
9.63%
Original Mortgage
$466,396
Outstanding Balance
$434,209
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$215,746

Purchase Details

Closed on
Aug 26, 2010
Sold by
Maka Peter
Bought by
Balayan Jirair M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2010
Sold by
Ivera Martine
Bought by
Maka Peter
Source: Public Records

Range of Values:

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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
Hernandez Lisa $475,000 None Available
Balayan Jirair M $152,000 --
Maka Peter $108,000 --
Ivera Martine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Lisa $466,396
Previous Owner Balayan Jirair $106,000
Previous Owner Balayan Jirair M $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $475,000 -0.6% $139 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $478,000 -- $140 / 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 $5,699 $432,100 $77,700 $354,400
2024 $5,277 $383,800 $77,700 $306,100
2023 $5,042 $351,600 $67,600 $284,000
2022 $4,379 $287,900 $54,100 $233,800
2021 $4,054 $249,000 $43,300 $205,700
2020 $3,033 $178,400 $43,000 $135,400
2019 $3,002 $166,800 $37,500 $129,300
2018 $2,948 $155,900 $37,500 $118,400
2017 $2,781 $144,700 $37,500 $107,200
2016 $2,611 $126,700 $27,200 $99,500
2015 $2,543 $126,700 $27,200 $99,500
2014 $2,476 $126,700 $27,200 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72906094

MLS Property Information Network (MLS PIN)

APN: WORC-000008-000025-000014