NOT LISTED FOR SALE

Estimated Value: $560,000 - $650,000

6 Beds
4 Baths
3,114 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $499,900 $161 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,883/month

5 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near public transit
  • Enclosed patio or porch
  • Shops

About This Home

As of September 2021

Investors/ Owner Occupants take notice!! Welcome to this well maintained 3 family located near the heart of Worcester. Offering off street parking, 2 car garage, newer windows & roof, updated plumbing & electric... Located near I-290 makes this a perfect commuters location...Minutes from Union Station, Canal District & Polar Park...less than a mile from Shrewsbury St. which offers shopping, dining, public parks and public transportation.. Tenants at will...Rents potentially under current market value... (Unit 3 currently vacant... rent listed was previously received).. Perfect Turn key Investment!! This one won't last long!! ... Please join me when showings begin, Sunday August 8 from 10-1.. Due to tenant occupancy, NO EARLIER showings available.... All offers due by Monday, August 9 @ 6PM.

Last Listed By

Sacha Stern

Key One Realty Listed on: 08/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Gentle Sloping Lot

Parking

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

Home Design

  • 3,114 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Separate Meters
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,750
  • Assessor Parcel Number 1778093

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $300
  • Water Sewer Expense $2,300
  • Operating Expense $2,600
  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,531

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 3
  • Total Bathrooms: 4
  • Basement: Full, Concrete, Unfinished
  • Living Area: 3114
  • Stories Total: 6
  • MAIN LO: AN4920
  • LIST PRICE PER Sq Ft: 150.9
  • PRICE PER Sq Ft: 160.53
  • MAIN SO: AN2383

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • 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
  • Electric: 220 Volts, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2300

Lot Info

  • Parcel Number: 1778093
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3484
  • PAGE: 205

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4530.72
  • Tax Book Number: 57919

Multi Family

  • Electric Expense: 300
  • Gross Income: 41400
  • Net Operating Income: 41400
  • Number Of Units Total: 3
  • Operating Expense: 2600
  • Total Actual Rent: 3750
  • LEVELS 1: 1
  • 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

Listed on
Aug 5, 2021
Closed on
Sep 28, 2021
Sold by
Grajales Vanessa
Bought by
Zhan Han
Seller's Agent
Sacha Stern
Key One Realty
Buyer's Agent
Brett DeRocker
First Boston Realty International
List Price
$469,900
Sold Price
$499,900
Premium/Discount to List
$30,000
6.38%
Total Days on Market
5
Current Estimated Value
$593,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,942
Avg. Annual Appreciation
4.83%
Original Mortgage
$474,905
Outstanding Balance
$437,741
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,101

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 23, 2017
Sold by
Peng Kaidi and Widlake Michael T
Bought by
Grajales Vanessa
Seller's Agent
Elisha Lynch
Lamacchia Realty, Inc.
Buyer's Agent
Sacha Stern
Key One Realty
List Price
$240,000
Sold Price
$260,000
Premium/Discount to List
$20,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$255,290
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 16, 2016
Closed on
Aug 8, 2016
Sold by
Mandel Terry and Butterfield Sandra M
Bought by
Peng Kaidi
Seller's Agent
Roger West
RE/MAX Vision
Buyer's Agent
Crystal Roach
Compass
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%
Original Mortgage
$216,015
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2001
Sold by
Gurgone Antonino and Gurgone Nancy
Bought by
Mandel Terry and Butterfield Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,450
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

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
Zhan Han $499,900 None Available
Grajales Vanessa $260,000 --
Peng Kaidi $220,000 --
Mandel Terry $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhan Han $474,905
Previous Owner Grajales Vanessa $255,290
Previous Owner Peng Kaidi $216,015
Previous Owner Butterfield Sandra M $79,223
Previous Owner Gurgone Antonio $120,000
Previous Owner Gurgone Antonio $99,450
Previous Owner Gurgone Antonio $59,500
Previous Owner Gurgone Antonio $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $499,900 +6.4% $161 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $469,900 +80.7% $151 / Sq Ft
10/23/2017 10/23/17 Sold $260,000 +8.3% $83 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $240,000 +14.3% $77 / Sq Ft
08/08/2016 08/08/16 Sold $210,000 -8.7% $67 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $230,000 -- $74 / 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 $6,703 $508,200 $64,600 $443,600
2024 $6,185 $449,800 $64,600 $385,200
2023 $5,945 $414,600 $56,200 $358,400
2022 $5,001 $328,800 $44,900 $283,900
2021 $4,531 $278,300 $35,900 $242,400
2020 $4,202 $247,200 $35,700 $211,500
2019 $4,208 $233,800 $31,200 $202,600
2018 $4,119 $217,800 $31,200 $186,600
2017 $3,867 $201,200 $31,200 $170,000
2016 $3,240 $157,200 $23,300 $133,900
2015 $3,155 $157,200 $23,300 $133,900
2014 $3,072 $157,200 $23,300 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72876922

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000012-000001