NOT LISTED FOR SALE

Estimated Value: $508,000 - $667,000

7 Beds
4 Baths
2,502 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $470,000 $188 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,705/month

41 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Enclosed Patio or Porch
  • Tile Flooring
  • Family Room

About This Home

As of July 2022

Updated 3 Family with recent roof and windows 2020, 2nd floor unit has a 3 bed vacant and ready for a new owner proposed rent would be $1600,I can use owners touch but hit has Many interior updates inside and out, great value at this price lots of potentials a stone throw from Downtown Worcester Union Station with lots of Potential Plenty off-street parking for 6-8 cars, Recent electrical service with landlord panel, gorgeous city views of downtown with great access to all major highways. The paved lot to the left is part of the property.

Last Agent to Sell the Property

Christine Najem

eXp Realty Listed on: 04/04/2022

eXp Realty

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1890

Lot Details

  • 7,017 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,800
  • Assessor Parcel Number 1764571

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $1,000
  • Insurance Expense $2,800
  • Water Sewer Expense $2,700
  • Operating Expense $7,700
  • Net Operating Income $33,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl
  • Interior Amenities: Living Room, Dining Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Electric Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 2502
  • Stories Total: 6
  • MAIN LO: AN0475
  • MAIN SO: K95491

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Enclosed, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 2700

Lot Info

  • Parcel Number: 1764571
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 7017
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3000

Multi Family

  • Electric Expense: 1000
  • Insurance Expense: 2800
  • Net Operating Income: 33100
  • Number Of Units Total: 3
  • Operating Expense: 7700
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 20, 2022
Sold by
Wall Street Rentals Rt and Mageza
Bought by
Nasrah Gledia
Seller's Agent
Christine Najem
eXp Realty
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Current Estimated Value
$596,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,925
Avg. Annual Appreciation
7.26%
Original Mortgage
$352,500
Outstanding Balance
$336,400
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,525

Purchase Details

Closed on
Feb 6, 2019
Sold by
Gcv 916 Llc
Bought by
Wall Street Rentals Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,582,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2017
Sold by
Valeri Katherine M
Bought by
Gcv 916 Llc

Purchase Details

Closed on
Jun 2, 2015
Sold by
Mararian Jefferson S
Bought by
Valeri George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Romeo Luigi
Bought by
Mararian Jefferson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1998
Sold by
Hally Rt and Miller
Bought by
Romeo Luigi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,485
Interest Rate
7.11%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Fnma
Bought by
Hally Rt and Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,485
Interest Rate
7.11%

Purchase Details

Closed on
Sep 15, 1997
Sold by
Damato William and Fnma
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nasrah Gledia $470,000 None Available
Wall Street Rentals Rt $1,650,000 --
Gcv 916 Llc -- --
Valeri George C $555,000 --
Mararian Jefferson $111,000 --
Romeo Luigi $89,900 --
Hally Rt $39,500 --
Federal National Mortgage Association $51,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasrah Gledia $352,500
Previous Owner Wall Street Rentals Rt $1,582,500
Previous Owner Valeri George C $555,000
Previous Owner Federal National Mortgage Association $83,250
Previous Owner Federal National Mortgage Association $13,485
Previous Owner Federal National Mortgage Association $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $470,000 +4.7% $188 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $449,000 0.0% $179 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $449,000 -- $179 / 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 $6,814 $516,600 $97,600 $419,000
2024 $6,333 $460,600 $97,600 $363,000
2023 $6,053 $422,100 $84,800 $337,300
2022 $5,275 $346,800 $67,900 $278,900
2021 $4,441 $272,800 $54,300 $218,500
2020 $2,982 $175,400 $53,900 $121,500
2019 $2,939 $163,300 $47,000 $116,300
2018 $2,912 $154,000 $47,000 $107,000
2017 $2,775 $144,400 $47,000 $97,400
2016 $2,556 $124,000 $33,200 $90,800
2015 $2,527 $125,900 $35,100 $90,800
2014 -- $125,900 $35,100 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72961871

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000002-000003