NOT LISTED FOR SALE

645 Lincoln St Worcester, MA 01605

Estimated Value: $770,000 - $915,000

9 Beds
3 Baths
3,522 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $720,000 $204 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,210/month

5 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of June 2022

***Highest & Best Offer dues 02/21 @ 5pm *** Please make offer good thru 02/22 @ 11am. Fantastic opportunity to own a rare find three (3) family house on the Worcester/ Shrewsbury line. Just minutes away from the Lincoln Street shopping center and easy access to the highway. This is a a very beautiful property with lots of updates and repairs. Long term tenants, who are tenants at will and would love to stay in their units but are also willing to relocate if necessary. Property is meticulously maintained and has an on site laundry room in the basement with coin laundry for extra income. There are three storage rooms in the basement for each unit individual storage area. Each unit features 3 bedrooms, 1 bathroom, a living room and a spacious kitchen. Central heating and a/c located on the second and third floors. The first floor has gas hot water baseboard. Off street parking in the rear of the property for up to 6 cars.Property is fully rented. All tenants are TAW.

Last Agent to Sell the Property

John Wariebi

Property Investors & Advisors, LLC Listed on: 02/15/2022

Last Buyer's Agent

Anthony Khattar

Khattar Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,522 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 00030 / 038
  • Assessor Parcel Number M:46 B:038 L:00030,3954767

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,014

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1918
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Storage,Bathroom With Tub & Shower), Unit 2(Pantry,Storage,Bathroom With Tub & Shower), Unit 3(Pantry,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3522
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6259
  • LIST PRICE PER Sq Ft: 204.4
  • PRICE PER Sq Ft: 204.43
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 2(Central Air), Unit 3(Central Air)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Central Heat,Forced Air,Gas), Unit 3(Central Heat,Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Worc

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:46 B:038 L:00030,3954767
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • LOT SIZE: 7149
  • PAGE: 363

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6014
  • Tax Block: 038
  • Tax Book Number: 58999
  • Tax Lot: 00030
  • Tax Map Number: 46

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Total Actual Rent: 4500
  • 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
Mar 5, 2018
Closed on
Jun 25, 2018
Sold by
Garcia Graciela
Bought by
Nunes Tarcisio D
Seller's Agent
Jaquaine Coe
The LGCY Group LLC
Buyer's Agent
John Wariebi
Property Investors & Advisors, LLC
List Price
$299,500
Sold Price
$325,000
Premium/Discount to List
$25,500
8.51%
Current Estimated Value
$827,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,424
Avg. Annual Appreciation
13.84%
Original Mortgage
$243,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Torres Alberto and Garcia Graciela
Bought by
Garcia Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Armenti Esther
Bought by
Torres Alberto and Garcia Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,934
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nunes Tarcisio D $325,000 --
Garcia Graciela -- --
Torres Alberto $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabash International Llc $556,800
Closed Nunes Tarcisio D $243,750
Previous Owner Garcia Graciela $32,000
Previous Owner Garcia Graciela $250,000
Previous Owner Armenti Patsy $172,550
Previous Owner Armenti Patsy $129,934
Previous Owner Armenti Patsy $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $720,000 0.0% $204 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $719,900 +121.5% $204 / Sq Ft
06/25/2018 06/25/18 Sold $325,000 +8.5% $92 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $299,500 -- $85 / 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 $8,835 $669,800 $117,600 $552,200
2024 $8,183 $595,100 $117,600 $477,500
2023 $7,887 $550,000 $102,300 $447,700
2022 $6,858 $450,900 $81,800 $369,100
2021 $6,014 $369,400 $65,400 $304,000
2020 $5,593 $329,000 $65,400 $263,600
2019 $5,042 $280,100 $58,800 $221,300
2018 $4,767 $252,100 $58,800 $193,300
2017 $4,499 $234,100 $58,800 $175,300
2016 $4,239 $205,700 $42,800 $162,900
2015 $4,128 $205,700 $42,800 $162,900
2014 $4,019 $205,700 $42,800 $162,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942674

MLS Property Information Network (MLS PIN)

APN: WORC-000046-000038-000030