NOT LISTED FOR SALE

Estimated Value: $488,000 - $851,000

9 Beds
3 Baths
3,582 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $343,000 $96 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,948/month

9 Days on Market

About This Home

As of June 2021

Investors 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 Agent to Sell the Property

Lisa Greene

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 12/15/2020

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Hejoma Garcia

RE/MAX Diverse

RE/MAX Diverse

Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 76.74
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: AN6527
  • Main So: AN6672
  • Estimated Sq Ft: 3582.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 230100.00
  • Acre: 0.10
  • Lot Size: 4495.00
  • Page: 182
  • Parcel Number: M:16 B:013 L:00007
  • Zoning: RG-5

Multi Family

  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3912.00
  • Assessor Parcel Number: 1778143
  • Tax Year: 2020

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%
Current Estimated Value
$666,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,333
Avg. Annual Appreciation
15.42%
Original Mortgage
$386,550
Outstanding Balance
$348,445
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$317,888

Purchase Details

Closed on
May 19, 2005
Sold by
Loconto Andrea and Loconto Christopher
Bought by
Loconto Anna and Loconto Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72767351

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000013-000007