NOT LISTED FOR SALE

59 Chandler St Worcester, MA 01609

Elm Park Neighborhood

Estimated Value: $792,472

18 Beds
8 Baths
8,241 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $485,000 $59 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,393/month

56 Days on Market

About This Home

As of July 2017

Great Investment Opportunity* Six three bedroom Residential units* 2 Storefront Units* Recent roof (2012) * 6 new high efficiency wall hung condensing gas boilers* All kitchens & Baths remodeled within the last 5 yrs* Replacement windows* Restaurant pays it's own water* Second storefront rented* Low maintenance brick exterior* Net Income of $70,173/yr!!* Click on the paperclip for income & expenses

Last Listed By

David Stead

RE/MAX Partners Listed on: 02/01/2017

RE/MAX Partners

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Insc: 5344
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 25
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Levels: 5
  • Main Lo: K01272
  • Main So: BB8079
  • Estimated Sq Ft: 8241.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Foundation: Brick

Utilities

  • Heat Zones: 8
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 480

Condo/Co-op/Association

  • Total Units: 8

Lot Info

  • Assessor Parcel Number: M:03 B:016 L:00005
  • Zoning: BG-3
  • Acre: 0.06
  • Lot Size: 2401.00

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/15
  • Foundation: irreg
  • Heat Units: 8
  • Total Bedrooms: 18
  • Total Floors: 14
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Total Levels: 4
  • Total Rms: 32
  • Total Rent_1: 7525
  • Multi Family Type: 5-9 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 31, 2017
Sold by
59 & 63 Chandler Street
Bought by
59 Chandler Street Llc
Seller's Agent
David Stead
RE/MAX Partners
Buyer's Agent
Spencer Fortwengler
OWN IT
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
56
Current Estimated Value
$792,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,472
Avg. Annual Appreciation
6.50%
Original Mortgage
$391,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2010
Sold by
Curtis Prop Llc
Bought by
59-63 Chandler St Rt and Curtis Kevin M

Purchase Details

Closed on
Oct 22, 2010
Sold by
Bayview Loan Svcng Llc
Bought by
Curtis Prop Llc

Purchase Details

Closed on
Sep 23, 2009
Sold by
Gm Chandler Corp
Bought by
Bayview Loan Svcng Llc

Purchase Details

Closed on
Aug 17, 2005
Sold by
Morales Inc
Bought by
Gm Chandler Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 1993
Sold by
Scott Robert W
Bought by
Boston Federal S B

Range of Values:

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Average Value
Not Available
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
59 Chandler Street Llc $485,000 --
59-63 Chandler St Rt -- --
Curtis Prop Llc $153,000 --
Bayview Loan Svcng Llc $40,000 --
Gm Chandler Corp $360,000 --
Boston Federal S B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 59 Chandler Street Llc $360,000
Closed 59 Chandler Street Llc $103,500
Closed 59 Chandler Street Llc $391,000
Previous Owner Boston Federal S B $199,920
Previous Owner Gm Chandler Corp $450,000
Previous Owner Gm Chandler Corp $360,000
Previous Owner Gm Chandler Corp $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $485,000 -3.0% $59 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $499,900 0.0% $61 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $499,900 -- $61 / 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 -- $734,800 $97,200 $637,600
2024 -- $635,200 $97,200 $538,000
2023 $0 $704,000 $84,500 $619,500
2022 $0 $561,700 $67,600 $494,100
2021 $0 $479,500 $54,100 $425,400
2020 $0 $444,000 $50,100 $393,900
2019 $0 $429,000 $47,300 $381,700
2018 $0 $394,700 $47,300 $347,400
2017 $0 $394,700 $47,300 $347,400
2016 -- $372,800 $40,900 $331,900
2015 -- $372,800 $40,900 $331,900
2014 $6,921 $372,800 $40,900 $331,900
Source: Public Records

Agents Affiliated with this Home

  • David Stead

    Seller's Agent in 2017

    David Stead

    RE/MAX

    (508) 635-9910

    2 in this area

    225 Total Sales

    David Stead
    Section Image
  • Spencer Fortwengler

    Buyer's Agent in 2017

    Spencer Fortwengler

    OWN IT

    (508) 410-1781

    4 in this area

    204 Total Sales

    Spencer Fortwengler
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72114406

MLS Property Information Network (MLS PIN)

APN: WORC-000003-000016-000005

Massachusetts Worcester County Worcester 01609 Elm Park

59 Chandler St, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 59 Chandler St, Worcester, MA 01609 since 01 February 2017 and is currently estimated at $792,472, approximately $96 per square foot. This property was built in 1920. 59 Chandler St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Chandler Elementary Community School.

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MLS Property Information Network (MLS PIN) 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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