NOT LISTED FOR SALE

7 Gates Ln Worcester, MA 01603

Webster Square Neighborhood

Estimated Value: $694,000 - $744,030

7 Beds
3 Baths
3,225 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $315,000 $98 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,318/month

5 Days on Market

About This Home

As of October 2016

**Multiple offers received. Highest and best by noon on Wednesday 08/24/16** Immaculate owner occupied three family with manicured lot overlooking park. Fenced yard, great for entertaining, with patio and rooftop deck. Off street parking for six cars. Convenient location to schools, shopping and highways. Don't miss out on this absolute gem!

Last Agent to Sell the Property

Brian O'Neil

RE/MAX Vision Listed on: 08/19/2016

RE/MAX Vision

Last Buyer's Agent

Rich Trifone

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,232

Year Built

1903

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Laundromat, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Partially Finished
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Deck - Roof, Patio, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:15 B:003 L:0005A
  • Zoning: RS-7

Multi Family

  • Heat Units: 1
  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 13, 2016
Sold by
Orourke Ft 2009
Bought by
Padilla Daniel A
Seller's Agent
Brian O'Neil
RE/MAX Vision
Buyer's Agent
Rich Trifone
RE/MAX Vision
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Current Estimated Value
$709,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,758
Avg. Annual Appreciation
9.40%
Original Mortgage
$309,294
Outstanding Balance
$247,247
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$462,511

Purchase Details

Closed on
Aug 20, 2009
Sold by
Orourke Peter M and Orourke Mary E
Bought by
Orourke Peter M and Orourke Mary E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Padilla Daniel A $315,000 --
Orourke Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Daniel A $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $315,000 +5.0% $98 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $299,900 -- $93 / 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 $7,232 $548,300 $98,000 $450,300
2024 $7,058 $513,300 $98,000 $415,300
2023 $6,530 $455,400 $85,200 $370,200
2022 $5,868 $385,800 $68,200 $317,600
2021 $5,016 $308,100 $54,500 $253,600
2020 $5,426 $319,200 $54,100 $265,100
2019 $5,623 $312,400 $47,300 $265,100
2018 $5,699 $301,400 $47,300 $254,100
2017 $5,387 $280,300 $47,300 $233,000
2016 $4,336 $210,400 $33,500 $176,900
2015 $4,223 $210,400 $33,500 $176,900
2014 $4,111 $210,400 $33,500 $176,900
Source: Public Records

Agents Affiliated with this Home

  • Brian O'Neil

    Seller's Agent in 2016

    Brian O'Neil

    Re/Max Vision

    (508) 335-9128

    13 in this area

    78 Total Sales

    Brian O'Neil
    Section Image
  • Rich Trifone

    Buyer's Agent in 2016

    Rich Trifone

    Re/Max Vision

    (508) 450-2152

    3 in this area

    108 Total Sales

    Rich Trifone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72055925

MLS Property Information Network (MLS PIN)

APN: WORC-000015-000003-000005A

Massachusetts Worcester County Worcester 01603 Webster Square

7 Gates Ln, Worcester, MA

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