NOT LISTED FOR SALE

Estimated Value: $519,547 - $578,000

4 Beds
2 Baths
2,584 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $435,000 $168 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,379/month

30 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Corner Lot
  • Park
  • Bike Trail

About This Home

As of April 2022

***Price Drop ***Conveniently located, 2 Family with extra lot potentially buildable ! Good investment properties are getting harder to find in the Worcester area, this two-family is ready to go, fully rented . This solid home has gas heat & hot water , landlord meter. This property could be an owner-occupied home with a second unit to help with the mortgage. Tenants are at will. This property also has a very spacious lot that can potentially be developed, buyer or buyer's agent to do due diligence. Off-street parking. Whether you are a first-time home buyer or seasoned investor this property is a perfect addition to your existing portfolio or a good place to start investing.,

Last Agent to Sell the Property

Marti Orne

Real Broker MA, LLC License #453004247 Listed on: 01/29/2022

Real Broker MA, LLC

Last Buyer's Agent

Marcia Pessanha

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,400
  • Rent includes unit 1(none), unit 2(none)
  • Assessor Parcel Number M:10 B:019 L:00018,1772183

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • Electric Expense $20
  • Water Sewer Expense $1,600
  • Operating Expense $19,440
  • Net Operating Income $28,800

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,358

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Other
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full
  • Living Area: 2584
  • Stories Total: 3
  • MAIN LO: AN4402
  • MAIN SO: BB1175

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School
  • Rent Includes: Unit 1(None), Unit 2(None)

Fee Information

  • Water Sewer Expenses: 1600

Lot Info

  • Parcel Number: M:10 B:019 L:00018,1772183
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • LOT SIZE: 10026

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4358

Multi Family

  • Electric Expense: 20
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Operating Expense: 19440
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 7, 2018
Sold by
Desir Kevin D and Desir Kimberly
Bought by
Cocka Elton
Seller's Agent
The O'Rourke Group
RE/MAX Prof Associates
Buyer's Agent
The Pouliot Team
Coldwell Banker Realty - Worcester
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Current Estimated Value
$545,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,637
Avg. Annual Appreciation
12.00%
Original Mortgage
$231,600
Outstanding Balance
$200,981
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$344,656

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 20, 2016
Sold by
Gentile Robert L and Gentile Janet
Bought by
Desir Kevin D
Seller's Agent
Maureen Army
Coldwell Banker Realty - Worcester
Buyer's Agent
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
List Price
$199,000
Sold Price
$198,000
Premium/Discount to List
-$1,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$194,413
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2005
Sold by
Gentile Lt and Gentile Janet
Bought by
Gentile Janet and Gentile Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2005
Sold by
Gentile Robert L
Bought by
Gentile Lt and Gentile Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2002
Sold by
Cherry Marie A
Bought by
Gentile Robert L and Gentile Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cocka Elton $240,000 --
Desir Kevin D $198,000 --
Gentile Janet -- --
Gentile Lt -- --
Gentile Robert L $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cocka Elton $231,600
Previous Owner Desir Kevin D $194,413
Previous Owner Gentile Janet $155,000
Previous Owner Gentile Robert L $103,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $435,000 +2.4% $168 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $425,000 +77.1% $164 / Sq Ft
09/07/2018 09/07/18 Sold $240,000 +0.4% $93 / Sq Ft View Prior Sale
07/25/2018 07/25/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $239,000 0.0% $92 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $239,000 +20.7% $92 / Sq Ft
04/20/2016 04/20/16 Sold $198,000 -0.5% $77 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $199,000 +0.5% $77 / Sq Ft
02/23/2016 02/23/16 Off Market $198,000 -- --
02/01/2016 02/01/16 For Sale $199,000 -- $77 / 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 $6,106 $462,900 $118,700 $344,200
2024 $5,653 $411,100 $118,700 $292,400
2023 $5,264 $367,100 $103,200 $263,900
2022 $4,812 $316,400 $82,600 $233,800
2021 $4,358 $267,700 $66,100 $201,600
2020 $4,109 $241,700 $66,100 $175,600
2019 $4,108 $228,200 $59,500 $168,700
2018 $4,035 $213,400 $59,500 $153,900
2017 $3,857 $200,700 $59,500 $141,200
2016 $4,491 $217,900 $43,700 $174,200
2015 $4,373 $217,900 $43,700 $174,200
2014 $4,258 $217,900 $43,700 $174,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72936051

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000019-000018