Seller's Agent in 2023
Kimberly McGhee
Re/Max Vision
(508) 826-5811
2 in this area
33 Total Sales
79 Eastern Ave Worcester, MA 01605
Shrewsbury Street NeighborhoodEstimated Value: $572,000 - $773,000
8
Beds
3
Baths
3,009
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Park
- Medical Services
- Covered Patio or Porch
- Laundry Room
About This Home
As of June 2023Seller Relocation becomes Investor Opportunity. Renovated 3 family in prime location is now on the market for $609,900. This property could generate over $60k in gross income when fully rented, the second floor is currently vacant per seller for easy showings. Live for free or collect the monthly additional income. Each unit has been fully re-painted and now includes additional storage in each main bedroom. There are new refrigerators and flooring on 1st & 3rd, new ranges on 1st & 2nd, new parlor heaters on 2nd & 3rd, & newly painted kitchen cabinets on the 3rd floor; adding to the appeal of this fantastic multi is plenty of off street parking and a bonus carport in back for tenant use or your personal storage. Every unit has their own laundry hook-ups and enjoys private gas and electric meters. This location is close proximity to all that Worcester has to offer and makes commuting a breeze;10 Minutes to the MA pike, 15 minutes to Worcester Airport and 6 minutes to Union Station.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,014
Year Built
- Built in 1890
Lot Details
- 6,890 Sq Ft Lot
- Sloped Lot
Home Design
- 3,009 Sq Ft Home
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Flooring
- Parquet
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Schools
- City View Elementary School
- Forest Grove Middle School
- Doherty High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
- Satellite Dish
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $5,150
- Rent includes unit 1(none), unit 2(none), unit 3(none)
- Legal Lot and Block 00003 / 12
- Assessor Parcel Number M:16 B:012 L:00003,1778095
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
Building Details
- Net Operating Income $41,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jun 13, 2023
Sold by
Domain Builders Llc
Bought by
Almeida Suelen P
Seller's Agent
Kimberly McGhee
RE/MAX Vision
Buyer's Agent
Mg Group
Century 21 North East
List Price
$639,900
Sold Price
$600,000
Premium/Discount to List
-$39,900
-6.24%
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,229
Avg. Annual Appreciation
4.80%
Original Mortgage
$561,660
Outstanding Balance
$545,558
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$130,671
Purchase Details
Closed on
Apr 8, 2002
Sold by
Swett Richard W
Bought by
Delgado David and Delgado Loida
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 1999
Sold by
Cooke Shawn W and Bik Stephen P
Bought by
Swett Richard W
Purchase Details
Closed on
Jun 27, 1996
Sold by
Dufault Richard and Dufault Doris
Bought by
Cooke Shawn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Almeida Suelen P | $600,000 | None Available | |
| Delgado David | $167,500 | -- | |
| Swett Richard W | $80,868 | -- | |
| Cooke Shawn | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Almeida Suelen P | $561,660 | |
| Previous Owner | Cooke Shawn | $9,391 | |
| Previous Owner | Cooke Shawn | $150,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $600,000 | -1.5% | $199 / Sq Ft | |
| 04/28/2023 04/28/23 | Pending | -- | -- | -- | |
| 04/16/2023 04/16/23 | Price Changed | $609,000 | -1.8% | $202 / Sq Ft | |
| 04/12/2023 04/12/23 | Price Changed | $619,900 | -3.1% | $206 / Sq Ft | |
| 04/01/2023 04/01/23 | For Sale | $639,900 | +45.4% | $213 / Sq Ft | |
| 12/03/2021 12/03/21 | Sold | $440,000 | +10.0% | $146 / Sq Ft | View Prior Sale |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- | |
| 10/14/2021 10/14/21 | For Sale | $399,900 | -- | $133 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,733 | $510,500 | $96,700 | $413,800 |
| 2024 | $6,295 | $457,800 | $96,700 | $361,100 |
| 2023 | $6,014 | $419,400 | $84,100 | $335,300 |
| 2022 | $5,229 | $343,800 | $67,200 | $276,600 |
| 2021 | $3,909 | $240,100 | $53,800 | $186,300 |
| 2020 | $3,655 | $215,000 | $53,400 | $161,600 |
| 2019 | $3,618 | $201,000 | $46,600 | $154,400 |
| 2018 | $3,559 | $188,200 | $46,600 | $141,600 |
| 2017 | $3,364 | $175,000 | $46,600 | $128,400 |
| 2016 | $3,143 | $152,500 | $33,100 | $119,400 |
| 2015 | $3,061 | $152,500 | $33,100 | $119,400 |
| 2014 | $2,980 | $152,500 | $33,100 | $119,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly McGhee
-
Mg Group
M
Buyer's Agent in 2023
Mg Group
Century 21 North East
(617) 389-1129
1 in this area
206 Total Sales
-
Chayan Velez
Seller's Agent in 2021
Chayan Velez
Property Investors & Advisors, LLC
(508) 963-2587
1 in this area
67 Total Sales
-
David Freyman
D
Buyer's Agent in 2021
David Freyman
Home Finders Realty
(617) 913-4973
2 in this area
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73094035
APN: WORC-000016-000012-000003
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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