NOT LISTED FOR SALE

Estimated Value: $744,156 - $801,000

9 Beds
3 Baths
4,512 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $610,000 $135 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,980/month

31 Days on Market

Highlights

  • City View
  • Porch
  • Level Lot
  • Wood Flooring
  • 2 Car Garage
  • Heating Available

About This Home

As of October 2022

MONEY MAKER!! Turn key building with property management company in place. This is an easy one to own - the necessary repairs have been done over the past year. Three large 3-bedroom apartments fully rented with LONG term tenants (6 to 23 years!) who take pride in their home!TAW. $4306 total rental income monthly is under market value.Apt 2 and 3 have been approved for increase in rent to $1761 as of Oct 2022. Right near Worcester Academy in an area of other well-maintained investment properties. Just minutes from the Canal district and WOO SOX stadium. GROUP SHOWING SAT SEPT 17TH 4-5 PM . $3,000 BUYER AGENCY BONUS if closed before 10/15/22.

Last Agent to Sell the Property

Dawn Szczygiel

Castinetti Realty Group Listed on: 08/20/2022

Last Buyer's Agent

Dawn Szczygiel

Castinetti Realty Group Listed on: 08/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,065

Year Built

  • Built in 1910

Lot Details

  • 5,755 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 4,512 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • City Views
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,306
  • Assessor Parcel Number 1793801

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $51,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,065

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Carpet
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 4512
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 137.19
  • PRICE PER Sq Ft: 135.2
  • MAIN SO: AN2314

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central,Natural Gas,Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1793801
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5755
  • Lot Size Units: Acres
  • PAGE: 335
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7065.05
  • Tax Book Number: 67036

Multi Family

  • Gross Income: 51672
  • Net Operating Income: 51672
  • Number Of Units Total: 3
  • Total Actual Rent: 4306
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Jacques Herve
Bought by
Blossoms Of Hope Llc
Current Estimated Value
$763,539

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 25, 2022
Sold by
Hays Frank R and Hays Mary L
Bought by
Jacques Herve
Seller's Agent
Graham Pettengill
ERA Key Realty Services- Fram
Buyer's Agent
Dawn Szczygiel
Castinetti Realty Group
List Price
$500,000
Sold Price
$561,000
Premium/Discount to List
$61,000
12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 31, 2017
Sold by
Vale Street 59 Rt
Bought by
Hays Frank R
Seller's Agent
Tracy Barber
Real Broker MA, LLC
Buyer's Agent
Graham Pettengill
ERA Key Realty Services- Fram
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$182,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2014
Sold by
Wyatt John L and Baxter Christie I
Bought by
Vale Street 59 Rt

Purchase Details

Closed on
Mar 5, 2014
Sold by
59 Vale Street Rt
Bought by
Wyatt John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2010
Sold by
Wyatt John L and Baxter Christie I
Bought by
Wyatt Jr Tr John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Baxter Christie I and Wyatt John L
Bought by
Baxter Tr Christie I

Purchase Details

Closed on
Jan 15, 2004
Sold by
Baxter Christie I
Bought by
Wyatt John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1987
Sold by
Sneade John J
Bought by
Baxter C I
Source: Public Records

Range of Values:

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Average Value
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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
Blossoms Of Hope Llc -- None Available
Jacques Herve $561,000 None Available
Hays Frank R $310,000 --
Vale Street 59 Rt -- --
Wyatt John L -- --
Wyatt Jr Tr John L -- --
Wyatt John L -- --
Baxter Tr Christie I -- --
Wyatt John L -- --
Baxter C I $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barvaliya Narendrakumar $427,000
Previous Owner Hays Frank R $182,000
Previous Owner Wyatt John L $200,000
Previous Owner Wyatt John L $150,000
Previous Owner Wyatt John L $241,500
Previous Owner Baxter C I $115,449
Previous Owner Baxter C I $16,670
Previous Owner Baxter C I $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $610,000 -1.5% $135 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $619,000 -1.6% $137 / Sq Ft
08/20/2022 08/20/22 For Sale $629,000 +12.1% $139 / Sq Ft
01/31/2022 01/31/22 Sold $561,000 +12.2% $124 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $500,000 +61.3% $111 / Sq Ft
07/31/2017 07/31/17 Sold $310,000 -1.6% $69 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $314,900 -- $70 / 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 $9,156 $694,200 $87,500 $606,700
2024 $8,429 $613,000 $87,500 $525,500
2023 $8,093 $564,400 $76,100 $488,300
2022 $7,065 $464,500 $60,900 $403,600
2021 $6,598 $405,300 $48,700 $356,600
2020 $5,416 $318,600 $48,400 $270,200
2019 $5,413 $300,700 $42,200 $258,500
2018 $5,289 $279,700 $42,200 $237,500
2017 $4,961 $258,100 $42,200 $215,900
2016 $4,784 $232,100 $31,000 $201,100
2015 $4,658 $232,100 $31,000 $201,100
2014 $4,535 $232,100 $31,000 $201,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73027641

MLS Property Information Network (MLS PIN)

APN: WORC-000035-000002-000071