NOT LISTED FOR SALE

Estimated Value: $620,000 - $648,000

8 Beds
3 Baths
3,790 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $600,000 $158 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,981/month

13 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Home Office
  • Property is near public transit
  • Corner Lot
  • Living Room

About This Home

As of August 2024

Welcome to 53 Eastern Ave, Worcester, MA! This charming 3-family home offers a unique blend of comfort and investment potential, making it a perfect choice for both homeowners and investors. Currently owner-occupied, this property features three spacious units, each with its own distinct charm. The fully fenced-in yard provides a private outdoor space ideal for gardening, pets, or family gatherings. Located conveniently close to major highways, shopping centers, restaurants, and entertainment options, this home ensures easy access to all the amenities you need. Additional features include ample off-street parking, laundry in each unit, and separate utilities for each unit. Prime location and versatile living spaces. Don’t miss the opportunity to make this property your next home or valuable addition to your investment portfolio.

Last Agent to Sell the Property

Megan Winslow

Winslow Homes LLC Listed on: 07/03/2024

Last Buyer's Agent

Megan Winslow

Winslow Homes LLC Listed on: 07/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,216

Year Built

  • Built in 1870

Lot Details

  • 6,254 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,790 Sq Ft Home
  • Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • City View Elementary School
  • East Middle School
  • North High School

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $3,400
  • Assessor Parcel Number M:16 B:013 L:0028A,1778173

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,216

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1870
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Living Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3790
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8023
  • LIST PRICE PER Sq Ft: 191.29
  • PRICE PER Sq Ft: 158.31
  • MAIN SO: AN8023

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:16 B:013 L:0028A,1778173
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6254
  • Lot Size Units: Acres
  • PAGE: 363
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7216
  • Tax Book Number: 13735

Multi Family

  • Gross Income: 40800
  • Net Operating Income: 40800
  • Number Of Units Total: 3
  • Total Actual Rent: 3400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: North High
  • Elementary School: City View
  • Middle Or Junior School: East Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2014
Sold by
Rmct International Inv
Bought by
Golden Gates Props Llc
Current Estimated Value
$637,000

Purchase Details

Closed on
Oct 31, 1991
Sold by
Palermo Armando J and Palermo Elina F
Bought by
Coop Randall L and Coop Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Golden Gates Props Llc -- --
Golden Gates Props Llc -- --
Coop Randall L $115,000 --
Coop Randall L $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Yalile A $480,000
Closed Maldonado Yalile A $480,000
Previous Owner Coop Gloria C $62,000
Previous Owner Coop Gloria C $200,000
Previous Owner Coop Randall L $50,000
Previous Owner Coop Randall L $15,330
Previous Owner Coop Randall L $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $600,000 -17.2% $158 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $725,000 -- $191 / 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 $7,408 $561,600 $91,600 $470,000
2024 $7,216 $524,800 $91,600 $433,200
2023 $6,680 $465,800 $79,700 $386,100
2022 $6,003 $394,700 $63,700 $331,000
2021 $4,549 $279,400 $51,000 $228,400
2020 $4,267 $251,000 $50,600 $200,400
2019 $4,403 $244,600 $44,200 $200,400
2018 $4,467 $236,200 $44,200 $192,000
2017 $4,230 $220,100 $44,200 $175,900
2016 $4,116 $199,700 $32,200 $167,500
2015 $4,008 $199,700 $32,200 $167,500
2014 $3,902 $199,700 $32,200 $167,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73260159

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000013-000028A