53 Merrifield St Worcester, MA 01605
Bell Hill NeighborhoodEstimated Value: $699,643 - $732,000
9
Beds
3
Baths
3,885
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Park
- Granite Flooring
- Jogging Path
- Shops
About This Home
As of October 2023Come take a look at this money making triplex. Back on market with a brand new retaining wall. Major renovations done in 2017 includes new roof, new vinyl siding, 3 forced hot air furnaces, lead certificates for all units, kitchen and bath updates, 3 high efficiency tankless water heaters, landlord meter, etc. Each unit has three bedrooms with ample closet space, spacious living, laundry hookups, dining rooms and private storage. Has off street parking. Unit 2 and 3 are TAW and unit 1 is on a lease. 10 min walk to UMass Memorial. Market rent for these units could be up to $2,000 in this neighborhood. Nothing to do on this property just sit back and collect rents. Indicated rents are actuals. Pro Forma financial statement available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,698
Year Built
- Built in 1900
Lot Details
- 5,760 Sq Ft Lot
- Fenced
Home Design
- 3,885 Sq Ft Home
- Triplex
- Brick Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Granite
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Laundry
- Washer Hookup
Unfinished Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 200+ Amp Service
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $4,750
- Assessor Parcel Number 1778084
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $57,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 18, 2018
Sold by
Djafari East Llc
Bought by
Wells Fargo Bank Na Tr and Shivakumar
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2017
Sold by
Maxmia Properties Llc
Bought by
Djafari East Llc
Purchase Details
Closed on
Jul 11, 2002
Sold by
Shefa Rov Llc
Bought by
Nkongchu Evaristus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 19, 2001
Sold by
Doss Sanjeev
Bought by
Shefa Rov Llc
Purchase Details
Closed on
Oct 13, 1998
Sold by
Gage James A and Gage Sharyn M
Bought by
Doss Sanjeev
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 1992
Sold by
Ozman Kent M
Bought by
Baltic Rlty Corp
Similar Homes in Worcester, MA
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wells Fargo Bank Na Tr | $330,000 | -- | |
| Djafari East Llc | -- | -- | |
| Nkongchu Evaristus | $186,000 | -- | |
| Shefa Rov Llc | $75,000 | -- | |
| Doss Sanjeev | $55,000 | -- | |
| Baltic Rlty Corp | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehta Ronak | $495,000 | |
| Closed | Holavanalli Shashank R | $277,000 | |
| Closed | Wells Fargo Bank Na Tr | $266,400 | |
| Previous Owner | Maxmia Properties Llc | $200,000 | |
| Previous Owner | Nkongchu Evaristus | $36,200 | |
| Previous Owner | Nkongchu Evaristus | $20,999 | |
| Previous Owner | Nkongchu Evaristus | $246,500 | |
| Previous Owner | Nkongchu Evaristus | $207,000 | |
| Previous Owner | Dzman Kent M | $148,800 | |
| Previous Owner | Dzman Kent M | $49,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $660,000 | -2.9% | $170 / Sq Ft |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- |
| 07/05/2023 07/05/23 | Price Changed | $679,875 | 0.0% | $175 / Sq Ft |
| 07/05/2023 07/05/23 | For Sale | $679,875 | +3.0% | $175 / Sq Ft |
| 05/19/2023 05/19/23 | Off Market | $660,000 | -- | -- |
| 05/04/2023 05/04/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | For Sale | $649,900 | +598.8% | $167 / Sq Ft |
| 12/05/2016 12/05/16 | Sold | $93,000 | +27.7% | $24 / Sq Ft |
| 09/01/2016 09/01/16 | Pending | -- | -- | -- |
| 08/19/2016 08/19/16 | For Sale | $72,800 | -- | $19 / 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 | $9,183 | $696,200 | $87,600 | $608,600 |
| 2024 | $6,997 | $508,900 | $87,600 | $421,300 |
| 2023 | $6,698 | $467,100 | $76,100 | $391,000 |
| 2022 | $5,827 | $383,100 | $60,900 | $322,200 |
| 2021 | $5,395 | $331,400 | $48,700 | $282,700 |
| 2020 | $4,988 | $293,400 | $48,400 | $245,000 |
| 2019 | $4,973 | $276,300 | $42,200 | $234,100 |
| 2018 | $4,854 | $256,700 | $42,200 | $214,500 |
| 2017 | $3,177 | $165,300 | $42,200 | $123,100 |
| 2016 | $2,995 | $145,300 | $31,000 | $114,300 |
| 2015 | $2,916 | $145,300 | $31,000 | $114,300 |
| 2014 | $2,839 | $145,300 | $31,000 | $114,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Saphire
J
Seller's Agent in 2023
Jason Saphire
www.HomeZu.com
(617) 833-1739
4 in this area
518 Total Sales
-
The Pezzano Group
T
Buyer's Agent in 2023
The Pezzano Group
Rise Signature Homes
(617) 206-3333
1 in this area
50 Total Sales
-
Linda Hale
Seller's Agent in 2016
Linda Hale
ERA Key Realty Services- Auburn
(508) 641-6179
45 Total Sales
-
Kelly Nelson
Buyer's Agent in 2016
Kelly Nelson
Blue Sky Realty
(508) 579-6564
1 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73100053
APN: WORC-000016-000011-000016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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