NOT LISTED FOR SALE

Estimated Value: $162,217 - $212,000

1 Bed
1 Bath
445 Sq Ft
$482/mo HOA Fee

Last Sold April 28, 2021

Last sale price $125,000 $281 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,629/month

16 Days on Market

About This Home

As of April 2021

Beautifully remodeled condo at Madison Towers. The revitalization of the downtown area makes this a great opportunity for the investor. or for the person who enjoys night life, theater, library and of course the Woo-Sox. Condo fee includes just about everything you will need , heat, hot water ,water sewer, cable, WI fI ,AC ,deeded parking. There is an absolutely beautiful outdoor pool, laundry and exercise rooms, it's all here , and it's all included. This unit was tastefully done over with an eye for space ,and storage . This is a must see , a true gem. Great rental possibility in the heart of city, close to many colleges. It will not last

Last Listed By

Gary Caggiano

ERA Key Realty Services - Worcester Listed on: 03/01/2021

ERA Key Realty Services - Worcester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,910

Year Built

  • 1979

HOA Fees

  • $482 per month

Utilities

  • 1 Cooling Zone
  • 2 Heating Zones

Community Details

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,910

Year Built

1979

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Carport Y N: Yes
  • Directions: Main street to Southbridge street, Across from Coney Island hot dog.,I 290 to Madison to Southbridge
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Structure Type: High-Rise
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Appliances: Range,Refrigerator, Utility Connections for Electric Range
  • Entry Location: Unit Placement(Upper)
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • MAIN LO: K95310
  • LIST PRICE PER Sq Ft: 303.15
  • PRICE PER Sq Ft: 280.9
  • MAIN SO: AN4402
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Laminate
  • Other Equipment: Intercom
  • Stories: 1

Exterior Features

  • Disclosures: No Representations, All Information Deemed Reliable. Seller And Seller's Agent Make No Warranty To Accuracy There Of. Buyer And Buyers Agent To Perform Due Diligence.
  • Home Warranty: No
  • Pool Features: Association, In Ground
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport, Garage Faces Side, Deeded
  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air
  • HEAT ZONES: 2
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Laundry Features: In Building
  • Security: Intercom, Other, Security System
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 809
  • MANAGEMENT: Professional - On Site, Professional - Off Site
  • Amenities: Hot Water, Pool, Laundry, Elevator(s)
  • Association Fee: 481.5
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Heat, Electricity, Water, Sewer, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds

Lot Info

  • PAGE: 167
  • Farm Land Area Units: Square Feet
  • Zoning: BG-6

Multi Family

  • Number Of Units Total: 138

Tax Info

  • Tax Annual Amount: 943.5
  • Tax Block: 11A
  • Tax Book Number: 64023
  • Tax Lot: 00809
  • Tax Map Number: 03
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 28, 2021
Sold by
Ducasa Llc
Bought by
Lorkiewicz Brandon
Seller's Agent
Gary Caggiano
ERA Key Realty Services - Worcester
Buyer's Agent
Justin Panarelli
Real Broker MA, LLC
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Total Days on Market
16
Current Estimated Value
$178,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,554
Avg. Annual Appreciation
9.28%
Original Mortgage
$98,910
Outstanding Balance
$90,456
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,098

Purchase Details

Closed on
Dec 14, 2020
Sold by
Gatti Frank M and Manire-Gatti Eleanor R
Bought by
Ducasa Llc

Purchase Details

Closed on
Oct 26, 2004
Sold by
Quality Five Inc
Bought by
Manire-Gatti Eleanor R and Gatti Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,700
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Lorkiewicz Brandon $125,000 None Available
Ducasa Llc $67,000 None Available
Manire-Gatti Eleanor R $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorkiewicz Brandon $98,910
Previous Owner Manire-Gatti Eleanor R $44,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $125,000 -7.3% $281 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $134,900 -- $303 / 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 $1,910 $144,800 $0 $144,800
2024 $1,965 $142,900 $0 $142,900
2023 $1,722 $120,100 $0 $120,100
2022 $1,539 $101,200 $0 $101,200
2021 $1,293 $79,400 $0 $79,400
2020 $944 $55,500 $0 $55,500
2019 $1,093 $60,700 $0 $60,700
2018 $1,065 $56,300 $0 $56,300
2017 $1,119 $58,200 $0 $58,200
2016 $940 $45,600 $0 $45,600
2015 $915 $45,600 $0 $45,600
2014 $854 $43,700 $0 $43,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72791369

MLS Property Information Network (MLS PIN)

APN: WORC-000003-000011A-000809