NOT LISTED FOR SALE

50 Gibbs St Unit 5 Worcester, MA 01607

Broadmeadow Brook Neighborhood

Estimated Value: $214,000 - $249,000

2 Beds
1 Bath
890 Sq Ft
1988 Built

Last Sold January 30, 2018

Last sale price $73,500 $83 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,425/month

35 Days on Market

About This Home

As of January 2018

Multiple Offer Deadline - Dec 21, 2017, 02:41:00 PM *Why rent when you can own this condo. Reasonable condo fee will allow you the freedom to not worry about landscaping or snow removal. Very nice 3rd floor unit in a small 6-unit complex at the far end of Gibbs Street. Open concept living with a large living room/dining room combo with sliders to a balcony. Excellent sized bedrooms with ample closet space. Convenient laundry hookups in the unit. Deeded parking and commuters delight with location very near shopping and highways. Great opportunity for an investor to rent out for extra income. This is a homepath property.

Last Listed By

Mark Consolmagno

RE/MAX Vision Listed on: 12/01/2017

RE/MAX Vision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,918

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, Corner
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Other Agent: 3.00
  • Year Built Description: Actual
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Has Basement: No
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers
  • Flooring: Wall to Wall Carpet
  • Interior Amenities: Intercom
  • Bedroom 2: First Floor, 13X10
  • Kitchen: First Floor, 11X7
  • Living Room: First Floor, 12X12
  • Master Bedroom: First Floor, 13X11
  • Dining Room: First Floor, 12X11
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: K01272
  • Main So: K01272

Exterior Features

  • Exterior: Vinyl
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Deeded, Guest
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 4
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Security: Intercom
  • Management: Owner Association
  • Pets Allowed: Unknown
  • No Units: 6
  • Unit Building: 5

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:31 B:019 L:00005
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 6, 2018
Sold by
Santos Francinete
Bought by
Santos Francinete and Santos Jose
Seller's Agent
Mark Consolmagno
RE/MAX Vision
Buyer's Agent
Michelle Curran
RE/MAX Vision
List Price
$73,900
Sold Price
$73,500
Premium/Discount to List
-$400
-0.54%
Total Days on Market
35
Current Estimated Value
$228,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,738
Avg. Annual Appreciation
16.89%

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 30, 2018
Sold by
Fnma
Bought by
Santos Francinete
Seller's Agent
Mark Consolmagno
RE/MAX Vision
Buyer's Agent
Michelle Curran
RE/MAX Vision
List Price
$73,900
Sold Price
$73,500
Premium/Discount to List
-$400
-0.54%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Linn John D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 9, 2005
Sold by
Venuti Christopher M and Wing Synne
Bought by
Linn John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Orourke Edward W and Szczypien Ferdinand
Bought by
Venuti Christopher M and Wing Synne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1996
Sold by
Myers Carlton E and Meyers Kristian
Bought by
Orourke Edward W and Szczypien Ferdinand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,900
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

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
Santos Francinete -- --
Santos Francinete $73,500 --
Federal National Mortgage Association $60,700 --
Linn John D $144,000 --
Venuti Christopher M $81,000 --
Orourke Edward W $24,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linn John D $115,200
Previous Owner Linn John D $28,800
Previous Owner Orourke Edward W $62,900
Previous Owner Orourke Edward W $10,000
Previous Owner Orourke Edward W $16,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $73,500 -0.5% $83 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $73,900 0.0% $83 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/16/2017 12/16/17 For Sale $73,900 0.0% $83 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $73,900 -- $83 / 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 $1,918 $145,400 $0 $145,400
2024 $1,833 $133,300 $0 $133,300
2023 $1,633 $113,900 $0 $113,900
2022 $1,526 $100,300 $0 $100,300
2021 $1,558 $95,700 $0 $95,700
2020 $1,474 $86,700 $0 $86,700
2019 $1,510 $83,900 $0 $83,900
2018 $1,483 $78,400 $0 $78,400
2017 $1,476 $76,800 $0 $76,800
2016 $1,583 $76,800 $0 $76,800
2015 $1,541 $76,800 $0 $76,800
2014 $2,056 $105,200 $0 $105,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Consolmagno

    Seller's Agent in 2018

    Mark Consolmagno

    Re/Max Vision

    (800) 247-4200

    4 in this area

    107 Total Sales

    Mark Consolmagno
    Section Image
  • Michelle Curran

    Buyer's Agent in 2018

    Michelle Curran

    Re/Max Vision

    (978) 434-1694

    Section Image
See All Agents

Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72260465

MLS Property Information Network (MLS PIN)

APN: WORC-000031-000019-000005

Massachusetts Worcester County Worcester 01607 Broadmeadow Brook

50 Gibbs St Unit 5, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 50 Gibbs St Unit 5, Worcester, MA 01607 since 01 December 2017 and is currently estimated at $228,238, approximately $256 per square foot. This property was built in 1988. 50 Gibbs St Unit 5 is a home located in Worcester County with nearby schools including Vernon Hill Elementary School, Jacob Hiatt Magnet School, and Chandler Magnet.

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