NOT LISTED FOR SALE

638 Grafton St Worcester, MA 01604

Grafton Hill Neighborhood

Estimated Value: $333,435 - $746,000

6 Beds
3 Baths
3,687 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $175,000 $47 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,678/month

About This Home

As of February 2015

Excellent value for the 3 family home in Grafton Hill. All apartments feature a living room, dining room, bathroom, kitchen and 2 bedrooms. Washer & dryer hookups in the units. There is PLENTY of parking with this one. Surrounded by well cared for homes. Great option for an owner occupant or investor. Good paying tenants on the 2nd and 3rd floors. Rents are under market and could definitely be higher. 1st floor will be vacant soon. Market rent for 1st floor apartments in this area is $850-$900. Very conveniently located to highway 290, MA Pike, shopping centers, UMASS, and lots more. Don't let this gem pass you by!

Last Listed By

Jackie Painchaud

1 Worcester Homes Listed on: 12/17/2014

1 Worcester Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1921

Lot Details

  • 5,227

Interior Spaces

  • 3,687 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • 5,227 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:34 B:006 L:00004,1792306

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,698

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1921
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 1(undefined)
  • Interior Amenities: Unit 2(Ceiling Fans,Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 3 Laundry Room
  • Basement: Full
  • Living Area: 3687
  • Stories Total: 6
  • MAIN LO: NB2756
  • LIST PRICE PER Sq Ft: 48.79
  • PRICE PER Sq Ft: 47.46
  • MAIN SO: NB2756

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:34 B:006 L:00004,1792306
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5226
  • PAGE: 247

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2698
  • Tax Book Number: 51910

Multi Family

  • Gross Income: 18000
  • Net Operating Income: 18000
  • Number Of Units Total: 3
  • Total Actual Rent: 1500
  • 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
Dec 17, 2014
Closed on
Feb 23, 2015
Sold by
Hicgo Rt
Bought by
Painchaud Jaclyn
Seller's Agent
Jackie Painchaud
1 Worcester Homes
Buyer's Agent
Edward Murphy
7 Hills Real Estate
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Total Days on Market
0
Current Estimated Value
$565,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,609
Avg. Annual Appreciation
12.73%
Original Mortgage
$131,250
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2008
Sold by
Dipasquale Anthony V and Ellis Jason
Bought by
Ellis Donna M

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
Painchaud Jaclyn $175,000 --
Ellis Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Re Hldg Llc $160,875
Closed Painchaud Jaclyn $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2015 02/23/15 Sold $175,000 -2.7% $47 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $179,900 -- $49 / 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 $6,143 $465,700 $100,100 $365,600
2024 $5,638 $410,000 $100,100 $309,900
2023 $5,375 $374,800 $87,100 $287,700
2022 $4,668 $306,900 $69,700 $237,200
2021 $4,327 $265,800 $55,800 $210,000
2020 $4,002 $235,400 $55,700 $179,700
2019 $3,992 $221,800 $50,100 $171,700
2018 $3,924 $207,500 $50,100 $157,400
2017 $3,704 $192,700 $50,100 $142,600
2016 $3,504 $170,000 $37,400 $132,600
2015 $2,772 $138,100 $37,400 $100,700
2014 $2,698 $138,100 $37,400 $100,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jackie Painchaud

    1 Worcester Homes

    (774) 253-9354

    3 in this area

    116 Total Sales

    Jackie Painchaud
    Section Image
  • Edward Murphy

    Buyer's Agent in 2015

    Edward Murphy

    7 Hills Real Estate

    (508) 633-0222

    8 Total Sales

    Edward Murphy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71777386

MLS Property Information Network (MLS PIN)

APN: WORC-000034-000006-000004

Massachusetts Worcester County Worcester 01604 Grafton Hill

638 Grafton St, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 638 Grafton St, Worcester, MA 01604 since 17 December 2014 and is currently estimated at $565,609, approximately $153 per square foot. This property was built in 1921. 638 Grafton St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Rice Square Elementary School.

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