Seller's Agent in 2024
Sharon Ridley
StartPoint Realty
(774) 287-0405
1 in this area
83 Total Sales
6 Chapin St Worcester, MA 01604
Union HIll NeighborhoodEstimated Value: $568,000 - $589,000
8
Beds
3
Baths
2,754
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Tandem Parking
- Fenced
- Heating Available
About This Home
As of February 2024***Investors and owner occupied take notice of this spacious 3 family minutes from Polar Park and major routes like 290,146. Ample off street parking. Current rents are below market rates, so there's great potential to make money. 1st floor has 3 bedrooms and 1 bath with hardwoods under carpets. 2nd floor has 3 bedrooms and 1 bathroom. 3rd floor has 2 bedrooms and 1 bath. All units have laundry in unit. Hot water heaters are less than 5 years old. Property needs some TLC but overall it's a great investment. Seller lives in 1st floor unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,788
Year Built
- Built in 1890
Lot Details
- 4,036 Sq Ft Lot
- Fenced
Home Design
- 2,754 Sq Ft Home
- Triplex
- Stone Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Heating Available
- Knob And Tube Electrical Wiring
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $2,300
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 1766521
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2008
Sold by
Ortiz Daniel
Bought by
Ortiz Daniel and Ortiz Maria
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
$390,000
Outstanding Balance
$261,505
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,373
Purchase Details
Closed on
Jan 15, 1998
Sold by
Abrazinski Richard P and Abrazinski Lawrence J
Bought by
Ortiz Daniel and Ortiz Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,949
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Ortiz Daniel | -- | -- | |
| Ortiz Daniel | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortiz Daniel | $390,000 | |
| Previous Owner | Ortiz Daniel | $98,000 | |
| Previous Owner | Ortiz Daniel | $73,323 | |
| Previous Owner | Ortiz Daniel | $15,638 | |
| Previous Owner | Ortiz Daniel | $74,949 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/08/2024 02/08/24 | Sold | $525,000 | -8.7% | $191 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $575,000 | -- | $209 / 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 | $6,422 | $486,900 | $70,000 | $416,900 |
| 2024 | $6,248 | $454,400 | $70,000 | $384,400 |
| 2023 | $5,788 | $403,600 | $60,900 | $342,700 |
| 2022 | $5,211 | $342,600 | $48,700 | $293,900 |
| 2021 | $4,301 | $264,200 | $38,900 | $225,300 |
| 2020 | $4,021 | $236,500 | $38,700 | $197,800 |
| 2019 | $4,169 | $231,600 | $33,800 | $197,800 |
| 2018 | $3,752 | $198,400 | $33,800 | $164,600 |
| 2017 | $3,550 | $184,700 | $33,800 | $150,900 |
| 2016 | $3,475 | $168,600 | $24,900 | $143,700 |
| 2015 | $3,384 | $168,600 | $24,900 | $143,700 |
| 2014 | $3,294 | $168,600 | $24,900 | $143,700 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Ridley
-
Brian Allen
Buyer's Agent in 2024
Brian Allen
Property Investors & Advisors, LLC
(508) 868-0927
6 in this area
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73146948
APN: WORC-000005-000039-000006
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