NOT LISTED FOR SALE

Estimated Value: $474,194 - $497,000

4 Beds
2 Baths
1,920 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $470,000 $245 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,964/month

5 Days on Market

Highlights

  • Medical Services
  • Home Office
  • Park
  • Property is near public transit
  • Living Room
  • Shops

About This Home

As of May 2024

A unique opportunity for an affordable 2-family home in the heart of Worcester! Its easy to see the value and versatility of this desirable property: Close proximity to some of Worcester's best restaurants, downtown and the Canal District/ Polar Park, Multiple off-street parking spaces, large fenced yard with raised sun patio, and two city-approved separate living units to rent or occupy as you see fit!. There is also expansive storage with full closets, large attic, unfinished basement space, and storage shed. Upper unit has been owner occupied and will be delivered vacant, lower unit is tenant occupied month-to-month. Boiler is brand new as of 2022! The numbers work on this one, open house Sunday 4/21 12:30-2:30! (Pictures of lower unit added 4/18)

Last Agent to Sell the Property

Hunter Enochs

BA Property & Lifestyle Advisors Listed on: 04/17/2024

Last Buyer's Agent

nanci bermejo

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1952

Lot Details

  • 8,120 Sq Ft Lot
  • Level Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Home Office
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $1,200
  • Assessor Parcel Number M:16 B:020 L:34+35,1778387

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,987

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1952
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1920
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7401
  • LIST PRICE PER Sq Ft: 216.15
  • PRICE PER Sq Ft: 244.79
  • MAIN SO: AN6259

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:16 B:020 L:34+35,1778387
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8120
  • Lot Size Units: Acres
  • PAGE: 27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3987
  • Tax Book Number: 57573

Multi Family

  • Gross Income: 14400
  • Net Operating Income: 14400
  • Number Of Units Total: 2
  • Total Actual Rent: 1200
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Arthur G Losapio Irt and Losapio
Bought by
Losapio Arthur F
Total Days on Market
5
Current Estimated Value
$489,049

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
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2009
Sold by
Losapio Arthur G
Bought by
Arthur G Losapio Irt and Atchue
Source: Public Records

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Range of Values:

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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
Losapio Arthur F $200,000 --
Losapio Arthur F $200,000 --
Arthur G Losapio Irt -- --
Arthur G Losapio Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diazruiz Alba C $461,487
Closed Diazruiz Alba C $461,487
Closed Losapio Arthur F $150,000
Previous Owner Losapio Arthur G $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $470,000 +13.3% $245 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $415,000 -- $216 / 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 $4,431 $335,900 $97,900 $238,000
2024 $4,276 $311,000 $97,900 $213,100
2023 $3,987 $278,000 $85,100 $192,900
2022 $3,809 $250,400 $68,100 $182,300
2021 $3,492 $214,500 $54,500 $160,000
2020 $3,290 $193,500 $54,100 $139,400
2019 $3,353 $186,300 $47,200 $139,100
2018 $3,292 $174,100 $47,200 $126,900
2017 $3,323 $172,900 $47,200 $125,700
2016 $3,263 $158,300 $33,500 $124,800
2015 $3,177 $158,300 $33,500 $124,800
2014 $3,093 $158,300 $33,500 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73225148

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000020-000034-000035