NOT LISTED FOR SALE
9 Beds
9 Baths
4,556 Sq Ft
3,049 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $740,000 $162 Per Sq Ft

21 Days on Market

About This Home

As of August 2021

Looking for a large multifamily?? Eight-unit apartment building with office space. This property consists of three-3 room/1BR/1BA apartments, two-4 room/1BR/1BA apartments, one-4 room/2BR/1BA apartment and the fourth floor which is currently configured as one large apartment. It could easily be converted back to two apartments (a 3/1/1 and a 4/1/1). In addition, the first floor has a 410 sqft. office space with a full bath. On street parking. Great highway access or mass transit. Short walk to the new Polar Park ball field!!

Last Agent to Sell the Property

Mike DeLuca

Coldwell Banker Realty - Worcester Listed on: 04/19/2021

Coldwell Banker Realty - Worcester

Last Buyer's Agent

David Eldredge

Realty Solutions Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Window Screens
  • Year Round Access
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 5596
  • Year Built Description: Actual
  • List Price Per Sq Ft: 164.62
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1920

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 9
  • Total Fbh: 9
  • No Rooms: 29
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor, Unfinished Basement, Exterior Access
  • Main Lo: AN6181
  • Main So: AN2432
  • Estimated Sq Ft: 4556.00

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Vinyl, Brick
  • Exterior Features: Screens
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: On Street Without Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 5775
  • Electric Features: Fuses, Circuit Breakers
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 266300.00
  • Acre: 0.07
  • Lot Size: 3150.00
  • Page: 104
  • Zoning: BL-1
  • Lot Description: Corner, Gentle Slope, Level

Multi Family

  • APOD Available: Yes
  • Heat Units: 1
  • Total Levels: 5
  • Total Rent: 5698
  • Total Rms: 29
  • No Units: 9
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 4527.10
  • Assessor Parcel Number: 1765886
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 4, 2021
Sold by
Branagan David J
Bought by
50 Vernon St Llc
Seller's Agent
Mike DeLuca
Coldwell Banker Realty - Worcester
Buyer's Agent
David Eldredge
Realty Solutions Inc.
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2012
Sold by
Db Apartment Mgmt Inc
Bought by
Branagan David J

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bulloos Properties Co
Bought by
Db Apartment Managem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 1998
Sold by
Worc Prop Investors
Bought by
Bulloos Properties
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
50 Vernon St Llc $740,000 None Available
Branagan David J -- --
Db Apartment Managem $387,500 --
Bulloos Properties $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 50 Vernon St Llc $920,000
Closed 50 Vernon St Llc $920,000
Previous Owner Worc Property Invest $50,000
Previous Owner Worc Property Invest $35,000
Previous Owner Worc Property Invest $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $740,000 -1.3% $162 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $750,000 -- $165 / 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 -- $611,000 $55,300 $555,700
2024 -- $611,000 $55,300 $555,700
2023 $0 $566,700 $48,000 $518,700
2022 $0 $467,700 $38,400 $429,300
2021 $0 $304,100 $30,700 $273,400
2020 $5,077 $266,300 $28,500 $237,800
2019 $5,153 $253,900 $26,900 $227,000
2018 $0 $246,200 $26,900 $219,300
2017 $0 $246,200 $26,900 $219,300
2016 -- $235,800 $23,300 $212,500
2015 -- $235,800 $23,300 $212,500
2014 -- $235,800 $23,300 $212,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72816845

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000019-000001