Seller's Agent in 2017
David Stead
RE/MAX
(508) 635-9910
1 in this area
217 Total Sales
59 Chandler St Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $918,808
18
Beds
8
Baths
8,241
Sq Ft
$111/Sq Ft
Est. Value
About This Home
As of July 2017Great 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
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%
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
$433,808
Avg. Annual Appreciation
8.05%
Original Mortgage
$391,000
Outstanding Balance
$325,818
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$592,990
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
$360,000
Interest Rate
5.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 20, 1993
Sold by
Scott Robert W
Bought by
Boston Federal S B
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 | 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 | $391,000 | |
| Previous Owner | Boston Federal S B | $199,920 | |
| Previous Owner | Gm Chandler Corp | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Spencer Fortwengler
Buyer's Agent in 2017
Spencer Fortwengler
OWN IT
(508) 410-1781
6 in this area
206 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72114406
APN: WORC-000003-000016-000005
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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