$600,000
SOLD AUG 26, 2024
8 Beds
3 Baths
3,790 Sq Ft
6,254 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

17% Below List Price

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
Total Days on Market
13
Current Estimated Value
$605,000

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

Similar Homes in Worcester, MA

  • 9 Forestdale Rd, Worcester, MA 01605

    $650,000

    • 10 Beds
    • 4 Baths
    • 3,136 Sq Ft
    • 9 Forestdale Rd
    • Worcester, MA

    Attention all Contractors and Investors! Don't miss out on this great opportunity to complete this oversized two family home located in a prime location in Worcester. Just minutes from medical facilities and Clark University. Unit one features four spacious bedrooms, two full bathrooms, large living room and a sunporch. Unit two features two level living with seven bedrooms, three bathrooms and a

    Liana Williams Fort Hill Brokerage Group

    Section Image
  • 1022 Main St, Worcester, MA 01603

    $539,000

    • 8 Beds
    • 3 Baths
    • 2,472 Sq Ft
    • 1022 Main St
    • Worcester, MA

    Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved

    ZhiChao Chen Space Realty

    Section Image
  • 1025 Main St, Worcester, MA 01603

    $649,000

    • 6 Beds
    • 2.5 Baths
    • 4,690 Sq Ft
    • 1025 Main St
    • Worcester, MA

    This versatile commercial/residential building offers strong cash flow potential. Centrally positioned on Main Street the ground floor features a 1,365 sq. ft. commercial space, ideal for a restaurant or other business, equipped with: Central air conditioning, Grease deposit for culinary ventures. The second and third floors each boast spacious, sun-filled 3-bedroom apartments. Highlights of Unit

    Lia Carminati Be Live in Realty

    Section Image
  • 20 Shelby St, Worcester, MA 01605

    $500,000

    • 6 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 20 Shelby St
    • Worcester, MA

    This Multi-Family property represents a compelling opportunity for a discerning Buyer. The property features Two Units, each offering three bedrooms and one bathroom. The second-floor unit boasts notable features such as a striking vaulted ceiling, an open deck perfect for relaxation. Natural light streams through large windows and a skylight. Both units are equipped with separate utilities

    Fabilene Neves Century 21 North East

    Section Image
  • 27 Lyon St, Worcester, MA 01604

    $575,000

    • 6 Beds
    • 3 Baths
    • 2,616 Sq Ft
    • 27 Lyon St
    • Worcester, MA

    This is a nice three-family in a fantastic location here in the city. It is conveniently located near all the things Worcester has to offer. The first two units are one-bedroom units, and the second floor features a four-bedroom unit with an unfinished attic area, potentially accommodating two or four additional bedrooms. The unit also includes a large driveway for ample off-street parking. Newer

    Spencer Fortwengler OWN IT

    Section Image
  • 27 Rodney St, Worcester, MA 01605

    $650,000

    • 9 Beds
    • 3 Baths
    • 3,111 Sq Ft
    • 27 Rodney St
    • Worcester, MA

    Renovated hilltop 3-unit with stunning skyline views in Worcester’s thriving Bell Hill neighborhood! Just steps from UMass Memorial Medical Center! This turnkey property features three spacious 3-bedroom apartments, each with large eat-in kitchens, galley prep areas, large living rooms, newer floors, high ceilings, and abundant natural light. Updated kitchens with newer appliances, and in-unit

    Benjamin Hicks Bridgemont Realty LLC

    Section Image
  • 12 Olga Ave, Worcester, MA 01605

    $749,999

    • 9 Beds
    • 3 Baths
    • 4,005 Sq Ft
    • 12 Olga Ave
    • Worcester, MA

    Situated in Worcester's desirable 01605 neighborhood, 12 Olga Avenue is a spacious multi-family property offering significant investment potential. This three-story residence features nine bedrooms and three bathrooms across approximately 4,000 square feet of living space. Constructed in 1911, the building sits on a 0.28-acre lot, providing ample outdoor space. The property boasts a one-car

    Marvens Francois Town Hall Realty, Inc.

    Section Image
  • 120 Lincoln St, Worcester, MA 01605

    $599,900

    • 7 Beds
    • 3.5 Baths
    • 4,791 Sq Ft
    • 120 Lincoln St
    • Worcester, MA

    Welcome to this large 3-family building generating a good cash flow (all units rented) with a potential to increase rents and value. Perfect for investors or owner occupants seeking rental income. This property features two spacious 3-bed units and one spacious 1-bed unit, all units have hardwood floors, high ceilings, abundant natural light throughout, lots of natural woodwork, eat-in kitchens,

    Dan DiRoberto The DiRoberto Group Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $115,000 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Purchase Money Mortgage
Closed $480,000 Purchase Money Mortgage
Previous Owner $62,000 No Value Available
Previous Owner $200,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $15,330 No Value Available
Previous Owner $95,000 Purchase Money Mortgage
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

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73260159

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000013-000028A