550 Grafton St Worcester, MA 01604
Grafton Hill Neighborhood
5
Beds
2
Baths
2,436
Sq Ft
5,061
Sq Ft Lot
Highlights
- Property is near public transit
- Laundry Room
- Garden
- Wood Flooring
- Shops
- 1 Car Garage
About This Home
As of October 2022Back on Market due to buyers financing falling through, here’s your chance to own a timeless stucco multi-family home in the up-and-coming Grafton Hill area that is a short drive to the Mass Pike and other major routes as well as Polar Park . Beautiful woodworking throughout. Property has large private driveway on dead end street, where you'll find the garage is located. 1st unit has 2 bedrooms, 1 full bath, living room, and kitchen with laundry closet. 2nd unit includes 3rd floor where you'll find a large bedroom and in-unit laundry hookup. 2nd unit has total of 3 bedrooms, 1 full bathroom, living room, and kitchen. Basement is partially finished with multiple finished rooms and tons of potential, perhaps for an in-law suite or more living area for 1st floor unit. Great for owner occupants or investors. You don't want to miss this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,327
Year Built
- Built in 1910
Lot Details
- 5,061 Sq Ft Lot
- Stone Wall
- Garden
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2,436 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,300
- Assessor Parcel Number M:34 B:002 L:0016A,1792257
Community Details
Amenities
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2016
Closed on
Dec 22, 2016
Sold by
Wolanski Realty Llc
Bought by
Sczepanski Norman J and Campanale Elaine L
Seller's Agent
Karynsue Marchione-Reilly
Park Place Realty Enterprises
Buyer's Agent
Jeffrey Brodeur
Keller Williams Pinnacle Central
List Price
$240,000
Sold Price
$228,000
Premium/Discount to List
-$12,000
-5%
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
$367,935
Avg. Annual Appreciation
11.85%
Original Mortgage
$165,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 2, 2013
Closed on
Mar 31, 2014
Sold by
Citimortgage Inc
Bought by
Wolanski Realty Llc
Seller's Agent
David Parent
Coldwell Banker Realty - Worcester
Buyer's Agent
David Parent
Coldwell Banker Realty - Worcester
List Price
$138,900
Sold Price
$122,500
Premium/Discount to List
-$16,400
-11.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%
Purchase Details
Listed on
Nov 2, 2013
Closed on
Feb 20, 2014
Sold by
Notidis Nicole
Bought by
Citimortgage Inc
Seller's Agent
David Parent
Coldwell Banker Realty - Worcester
Buyer's Agent
David Parent
Coldwell Banker Realty - Worcester
List Price
$138,900
Sold Price
$122,500
Premium/Discount to List
-$16,400
-11.81%
Purchase Details
Closed on
Feb 1, 2005
Sold by
Notidis Nicole
Bought by
Notidis Nicole and Carlson Russell R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,700
Interest Rate
5.73%
Purchase Details
Closed on
Nov 19, 2004
Sold by
Helen E Dunne Lt and Dunne Robert E
Bought by
Notidis Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,700
Interest Rate
5.73%
Purchase Details
Closed on
Oct 21, 2003
Sold by
Dunne James E
Bought by
Helen E Dunne Living T and Dunne Robert E
Similar Homes in Worcester, MA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $224,000 | -- | |
| Deed | $122,500 | -- | |
| Foreclosure Deed | $149,900 | -- | |
| Deed | -- | -- | |
| Deed | $273,500 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,943 | FHA | |
| Closed | $165,000 | New Conventional | |
| Previous Owner | $135,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $288,000 | No Value Available | |
| Previous Owner | $12,000 | No Value Available | |
| Previous Owner | $82,300 | No Value Available | |
| Previous Owner | $71,700 | No Value Available | |
| Previous Owner | $218,800 | Purchase Money Mortgage | |
| Previous Owner | $54,700 | No Value Available | |
| Previous Owner | $1,500 | No Value Available | |
| Previous Owner | $40,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2022 10/03/22 | Sold | $500,000 | +2.1% | $205 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 07/29/2022 07/29/22 | Price Changed | $489,900 | 0.0% | $201 / Sq Ft |
| 07/29/2022 07/29/22 | For Sale | $489,900 | +2.1% | $201 / Sq Ft |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 06/30/2022 06/30/22 | For Sale | $479,900 | +110.5% | $197 / Sq Ft |
| 12/22/2016 12/22/16 | Sold | $228,000 | -5.0% | $94 / Sq Ft |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $240,000 | +95.9% | $99 / Sq Ft |
| 03/31/2014 03/31/14 | Sold | $122,500 | -11.8% | $50 / Sq Ft |
| 03/01/2014 03/01/14 | Pending | -- | -- | -- |
| 11/02/2013 11/02/13 | For Sale | $138,900 | -- | $57 / 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 | $6,689 | $507,100 | $98,500 | $408,600 |
| 2024 | $6,380 | $464,000 | $98,500 | $365,500 |
| 2023 | $5,505 | $383,900 | $85,600 | $298,300 |
| 2022 | $5,327 | $350,200 | $68,500 | $281,700 |
| 2021 | $4,490 | $275,800 | $54,800 | $221,000 |
| 2020 | $4,202 | $247,200 | $54,800 | $192,400 |
| 2019 | $4,340 | $241,100 | $49,300 | $191,800 |
| 2018 | $4,240 | $224,200 | $49,300 | $174,900 |
| 2017 | $4,007 | $208,500 | $49,300 | $159,200 |
| 2016 | $3,963 | $192,300 | $36,600 | $155,700 |
| 2015 | $3,859 | $192,300 | $36,600 | $155,700 |
| 2014 | $3,758 | $192,300 | $36,600 | $155,700 |
Source: Public Records
Agents Affiliated with this Home
-
Maricela Bates
M
Seller's Agent in 2022
Maricela Bates
StartPoint Realty
(978) 422-3999
1 in this area
19 Total Sales
-
Edvard Trevant
Buyer's Agent in 2022
Edvard Trevant
Century 21 XSELL REALTY
1 in this area
7 Total Sales
-
Karynsue Marchione-Reilly
Seller's Agent in 2016
Karynsue Marchione-Reilly
Park Place Realty Enterprises
(508) 410-8464
3 in this area
74 Total Sales
-
Jeffrey Brodeur
Buyer's Agent in 2016
Jeffrey Brodeur
Keller Williams Pinnacle Central
(508) 873-1913
2 in this area
20 Total Sales
-
D
Seller's Agent in 2014
David Parent
Coldwell Banker Realty - Worcester
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73005910
APN: WORC-000034-000002-000016A
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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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