NOT LISTED FOR SALE

74 Union St Webster, MA 01570

Estimated Value: $357,718 - $422,000

6 Beds
3 Baths
2,132 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $310,000 $145 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,323/month

6 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • Corner Lot
  • 5-minute walk to Dog Park

About This Home

As of June 2022

Attention Investors or Owner occupied! Fully rented 3 Family in a great commuter location. This property is located 22 minutes to downtown Worcester and is on the Webster/Dudley line. ALL units have separate utilities, updated electrical service, along with the building having town water/sewer and natural gas. The first floor offers 4 bedrooms and 1 bath, new vinyl flooring and fresh paint. The second floor front and rear units are 1 bedroom and 1 bathroom. All units have long term tenants paying under market rent and have off street parking. Property is being SOLD AS IS. Showings will be held at Open House ONLY, Saturday May 14th from 10:00am - 12:00pm.

Last Agent to Sell the Property

Paul Napieralski

The Neighborhood Realty Group Listed on: 05/09/2022

The Neighborhood Realty Group

Co-Listed By

Jill Napieralski

The Neighborhood Realty Group

Last Buyer's Agent

James Coulombe

Settlers Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • 2,132 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near schools

Schools

  • Park Ave Elm Elementary School
  • Webster Midle Middle School
  • Bartlett High School

Utilities

  • Cooling Available
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,425
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:1 B:C P:1,1744747

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Insurance Expense $1,706
  • Water Sewer Expense $2,600
  • Operating Expense $5,386
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood,Vinyl
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Sump Pump, Unfinished
  • Living Area: 2132
  • Stories Total: 5
  • MAIN LO: AN3365
  • MAIN SO: AN5193

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas,Floor Furnace), Unit 2(Gas,Floor Furnace), Unit 3(Gas,Floor Furnace)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 2600

Lot Info

  • Parcel Number: M:1 B:C P:1,1744747
  • Zoning: GB-4 W
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3049

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2366

Multi Family

  • Insurance Expense: 1706
  • Net Operating Income: 13200
  • Number Of Units Total: 3
  • Operating Expense: 5386
  • Total Actual Rent: 2425
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Bartlett Hs
  • Elementary School: Park Ave Elm
  • Middle Or Junior School: Webster Midle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Tri Properties Inc
Bought by
Blue Star Properties L
Current Estimated Value
$391,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$159,683
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$231,497

Purchase Details

Closed on
Sep 27, 2005
Sold by
Mayotte Constance Est
Bought by
Tri Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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
Blue Star Properties L $185,000 --
Tri Prop Inc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Star Properties L $185,000
Previous Owner Tri Prop Inc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $310,000 -8.6% $145 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $339,000 -2.9% $159 / Sq Ft
05/09/2022 05/09/22 For Sale $349,000 -- $164 / 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 $3,324 $279,800 $24,100 $255,700
2024 $3,280 $269,300 $23,200 $246,100
2023 $2,601 $208,100 $22,100 $186,000
2022 $2,366 $169,500 $21,400 $148,100
2021 $2,233 $147,900 $21,400 $126,500
2020 $2,139 $142,000 $21,400 $120,600
2019 $1,412 $92,100 $21,400 $70,700
2018 $1,282 $83,300 $21,400 $61,900
2017 $1,245 $82,300 $22,600 $59,700
2016 $1,246 $82,300 $22,600 $59,700
2015 $1,186 $80,800 $22,200 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978440

MLS Property Information Network (MLS PIN)

APN: WEBS-000001-C000000-000001