511 Park Ave Worcester, MA 01603
University Park Neighborhood
5
Beds
6
Baths
2,413
Sq Ft
4,356
Sq Ft Lot
About This Home
As of August 2022Good opportunity for investors, for this multi unit, must be rehabbed, needs work, will not go FHA, if you’re a handyman, a contractor this unit may be for you, good location on Park Avenue, off street parking , This is being sold ( as is )seller can not do anything, Buyer and agent due diligence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,068
Year Built
- Built in 1895
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Oct 14, 2022
Sold by
Diaz Nicolas and Dacosta Kai
Bought by
Park Avenue T
Seller's Agent
Christine Najem
eXp Realty
Buyer's Agent
Jeffrey Goodwin
Buyers Brokers Only, LLC
List Price
$699,900
Sold Price
$647,000
Premium/Discount to List
-$52,900
-7.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,528
Avg. Annual Appreciation
1.00%
Original Mortgage
$547,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 21, 2020
Closed on
May 7, 2021
Sold by
Morrison Denise V Est
Bought by
Najem Charbel H
Seller's Agent
Judy Solomon
Park Place Realty Enterprises
Buyer's Agent
Christine Najem
eXp Realty
List Price
$249,999
Sold Price
$255,000
Premium/Discount to List
$5,001
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.81%
Original Mortgage
$250,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Similar Home in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $255,000 | Metropolitan Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $547,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $647,000 | -4.8% | $242 / Sq Ft |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- |
| 05/31/2022 05/31/22 | Price Changed | $679,900 | -1.4% | $254 / Sq Ft |
| 05/24/2022 05/24/22 | Price Changed | $689,900 | -1.4% | $258 / Sq Ft |
| 05/18/2022 05/18/22 | For Sale | $699,900 | +174.5% | $262 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $255,000 | +2.0% | $106 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 01/28/2021 01/28/21 | For Sale | $249,999 | 0.0% | $104 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $249,999 | -- | $104 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,068 | $611,700 | $75,400 | $536,300 |
| 2024 | $7,840 | $570,200 | $75,400 | $494,800 |
| 2023 | $5,565 | $388,100 | $65,600 | $322,500 |
| 2022 | $4,774 | $313,900 | $52,500 | $261,400 |
| 2021 | $3,556 | $218,400 | $42,000 | $176,400 |
| 2020 | $3,256 | $191,500 | $41,700 | $149,800 |
| 2019 | $3,352 | $186,200 | $36,400 | $149,800 |
| 2018 | $3,404 | $180,000 | $36,400 | $143,600 |
| 2017 | $3,231 | $168,100 | $36,400 | $131,700 |
| 2016 | $3,133 | $152,000 | $26,500 | $125,500 |
| 2015 | $3,051 | $152,000 | $26,500 | $125,500 |
| 2014 | $2,970 | $152,000 | $26,500 | $125,500 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Najem
Seller's Agent in 2022
Christine Najem
eXp Realty
(508) 864-1536
3 in this area
65 Total Sales
-
C
Seller Co-Listing Agent in 2022
Charbel Najem
eXp Realty
-
Jeffrey Goodwin
Buyer's Agent in 2022
Jeffrey Goodwin
Buyers Brokers Only, LLC
(508) 713-5816
1 in this area
25 Total Sales
-
Judy Solomon
J
Seller's Agent in 2021
Judy Solomon
Park Place Realty Enterprises
(508) 450-0030
1 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72713906
APN: WORC-000008-000010-000051
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