NOT LISTED FOR SALE

70 Randolph Rd Worcester, MA 01606

Greendale Neighborhood

Estimated Value: $590,000 - $675,000

6 Beds
2 Baths
2,600 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $295,000 $113 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,171/month

32 Days on Market

About This Home

As of July 2015

***AMAZING INVESTMENT OPPORTUNITY!*** This is a turn-key investment property with a cash on cash return of 16%! Great location in the Greendale Area set up on the hill overlooking Dodge Park. Currently both units occupied and getting $1500/each unit! Fully renovated from basement to roof. 3 bedroom 1 bath in each unit. Laundry in each unit. Nicely renovated with upgraded materials throughout to give it a more high end feel. There is virtually nothing left to do. This is a great investment for an owner occupant looking to have one of the units pay the mortgage or for an investor to add another property to their portfolio. This is a win win. See attached analysis report for full financial breakdown

Last Agent to Sell the Property

The Pro's Real Estate Team

The Pros Real Estate Services Listed on: 05/13/2015

Last Buyer's Agent

Rebecca Joseph

William Raveis Real Estate & Homes Services

William Raveis Real Estate & Homes Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,836

Year Built

1922

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, City View(s), Sloping, Scenic View(s)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Plywood
  • Basement: Full, Walk Out, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking: Off-Street, Unpaved Driveway
  • Parking Spaces: 4

Schools

  • Elementary School: Wawecus
  • Middle School: Burncoat
  • High School: Burncoat

Lot Info

  • Assessor Parcel Number: M:22 B:003 L:00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 14, 2015
Sold by
New Eng Investment Pro
Bought by
Reese Julian J
Seller's Agent
The Pro's Real Estate Team
The Pros Real Estate Services
Buyer's Agent
Rebecca Joseph
William Raveis Real Estate & Homes Services
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Current Estimated Value
$650,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,474
Avg. Annual Appreciation
7.47%
Original Mortgage
$289,656
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 21, 2013
Sold by
Roberts Hefin
Bought by
New England Inv Props
Seller's Agent
The Pro's Real Estate Team
The Pros Real Estate Services
Buyer's Agent
The Pro's Real Estate Team
The Pros Real Estate Services
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.25%

Purchase Details

Closed on
Apr 6, 2012
Sold by
Capstone Rt
Bought by
Roberts Hefin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Omalley Daniel R and Omalley Linda H
Bought by
Capstone Rt and Najem Charbel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Reese Julian J $295,000 --
New England Inv Props $169,000 --
Roberts Hefin $47,000 --
Capstone Rt $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Julian J $289,656
Previous Owner Roberts Hefin $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $295,000 +7.3% $113 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $275,000 +62.7% $106 / Sq Ft
02/21/2013 02/21/13 Sold $169,000 -3.4% $65 / Sq Ft
01/24/2013 01/24/13 For Sale $175,000 -- $67 / 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 $8,836 $669,900 $119,000 $550,900
2024 $8,407 $611,400 $119,000 $492,400
2023 $7,867 $548,600 $103,500 $445,100
2022 $7,648 $502,800 $82,800 $420,000
2021 $6,782 $416,600 $66,200 $350,400
2020 $6,299 $370,500 $66,200 $304,300
2019 $6,536 $363,100 $59,700 $303,400
2018 $6,352 $335,900 $59,700 $276,200
2017 $5,974 $310,800 $59,700 $251,100
2016 $5,190 $251,800 $44,500 $207,300
2015 $4,855 $241,900 $44,500 $197,400
2014 $4,727 $241,900 $44,500 $197,400
Source: Public Records

Agents Affiliated with this Home

  • The Pro's Real Estate Team

    Seller's Agent in 2015

    The Pro's Real Estate Team

    The Pros Real Estate Services

    (508) 868-8764

    2 in this area

    92 Total Sales

    The Pro's Real Estate Team
    Section Image

  • R

    Buyer's Agent in 2015

    Rebecca Joseph

    William Raveis Real Estate & Homes Services

    (774) 994-8082

    31 Total Sales

    Rebecca Joseph
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71836016

MLS Property Information Network (MLS PIN)

APN: WORC-000022-000003-000009

Massachusetts Worcester County Worcester 01606 Greendale

70 Randolph Rd, Worcester, MA

This home is located at 70 Randolph Rd, Worcester, MA 01606 since 13 May 2015 and is currently estimated at $650,474, approximately $250 per square foot. This property was built in 1922. 70 Randolph Rd is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Wawecus Road School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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