79 Gage St Worcester, MA 01605
Shrewsbury Street NeighborhoodEstimated Value: $547,000 - $599,000
9
Beds
3
Baths
3,582
Sq Ft
$162/Sq Ft
Est. Value
About This Home
As of June 2021Investors take notice. Multi generational 3 family home off of Shrewsbury Street in Worcester is currently available. Property has been vacant for many years and will require substantial updating. Nice floor plan containing 3 bedrooms in each unit with spacious kitchen and living room. Each unit has an enclosed back porch with storage room. Limited off street parking. Excellent location directly off Shrewsbury Street within walking distance to restaurants, public transportation, shopping, medical and park. Strong rental area with upside potential once improvements are made. This property will not qualify for conventional financing and will most likely require a cash sale. Seller will not make any repairs as property is being sold in as is condition.
Last Listed By
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 12/15/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,823
Year Built
- Built in 1900
Lot Details
- 4,356
Flooring
- Wood
- Tile
- Vinyl
Additional Features
- Enclosed patio or porch
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:16 B:013 L:00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2020
Closed on
Jun 11, 2021
Sold by
Loconto Jerry Est and Lehner
Bought by
Jupiter Capital Llc
Seller's Agent
Lisa Greene
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Hejoma Garcia
RE/MAX Diverse
List Price
$274,900
Sold Price
$343,000
Premium/Discount to List
$68,100
24.77%
Total Days on Market
9
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
$235,667
Avg. Annual Appreciation
14.12%
Original Mortgage
$386,550
Outstanding Balance
$353,761
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$224,906
Purchase Details
Closed on
May 19, 2005
Sold by
Loconto Andrea and Loconto Christopher
Bought by
Loconto Anna and Loconto Anne
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Similar Homes in Worcester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jupiter Capital Llc | $343,000 | None Available | |
| Loconto Anna | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jupiter Capital Llc | $386,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $343,000 | +24.8% | $96 / Sq Ft |
| 12/24/2020 12/24/20 | Pending | -- | -- | -- |
| 12/15/2020 12/15/20 | For Sale | $274,900 | -- | $77 / 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 | $5,823 | $441,500 | $75,300 | $366,200 |
| 2024 | $5,396 | $392,400 | $75,300 | $317,100 |
| 2023 | $5,162 | $360,000 | $65,500 | $294,500 |
| 2022 | $4,505 | $296,200 | $52,400 | $243,800 |
| 2021 | $4,217 | $259,000 | $41,900 | $217,100 |
| 2020 | $3,912 | $230,100 | $41,600 | $188,500 |
| 2019 | $3,901 | $216,700 | $36,400 | $180,300 |
| 2018 | $3,818 | $201,900 | $36,400 | $165,500 |
| 2017 | $3,586 | $186,600 | $36,400 | $150,200 |
| 2016 | $3,425 | $166,200 | $26,500 | $139,700 |
| 2015 | $3,336 | $166,200 | $26,500 | $139,700 |
| 2014 | $3,248 | $166,200 | $26,500 | $139,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Greene
L
Seller's Agent in 2021
Lisa Greene
Berkshire Hathaway HomeServices Commonwealth Real Estate
(508) 834-1500
2 in this area
22 Total Sales
-
Hejoma Garcia
Buyer's Agent in 2021
Hejoma Garcia
RE/MAX
(774) 242-8832
2 in this area
125 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72767351
APN: WORC-000016-000013-000007
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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