Seller's Agent in 2023
Albert Surabian
Keller Williams Pinnacle Central
(508) 981-7227
1 in this area
49 Total Sales
79 Gates St Worcester, MA 01610
Main South NeighborhoodEstimated Value: $619,000 - $746,000
9
Beds
3
Baths
3,906
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Loft
- Deck
- Wood Flooring
- 2-minute walk to University Park
About This Home
As of May 2023Great opportunity to own this three-unit property directly off Main Street in residential neighborhood and across from the University (Crystal) Park by Clark University in Worcester. This three-family home was family-owned for nearly 60 years and offers separate electric, gas, and laundry connections for each floor, custom built-ins, woodworking, trim, and hardwood floors. TLC needed. Updates over the years include newer furnace, three newer water heaters, and three 100-amp circuit breakers. Nice size backyard and ample parking w/possible room for expansion, tons of storage for each unit including a full walkout basement. Property qualifies for the Clark University Park Partnership Scholarship Program with special requirements making it a great long-term investment. Tons of amenities nearby with easy access to major routes. This is a tremendous investment opportunity for owner occupants and investors wanting additional income. Schedule a showing today and earn instant cash flow!
Last Agent to Sell the Property
Keller Williams Pinnacle Central Listed on: 04/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,986
Year Built
- Built in 1898
Lot Details
- 6,787 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3,906 Sq Ft Home
- Mud Room
- Loft
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating Available
- 100 Amp Service
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number M:07 B:004 L:00031,1768579
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
Albert Surabian
Keller Williams Pinnacle Central
Buyer's Agent
Otis Tat
Excelsior Realty
List Price
$485,000
Sold Price
$550,000
Premium/Discount to List
$65,000
13.4%
Views
68
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
$107,894
Avg. Annual Appreciation
5.91%
Original Mortgage
$412,500
Outstanding Balance
$398,317
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,577
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $412,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2023 05/10/23 | Sold | $550,000 | +13.4% | $141 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | For Sale | $485,000 | -- | $124 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,678 | $430,500 | $63,500 | $367,000 |
| 2024 | $5,280 | $384,000 | $63,500 | $320,500 |
| 2023 | $4,986 | $347,700 | $50,200 | $297,500 |
| 2022 | $4,341 | $285,400 | $40,200 | $245,200 |
| 2021 | $4,247 | $260,900 | $32,100 | $228,800 |
| 2020 | $3,917 | $230,400 | $32,100 | $198,300 |
| 2019 | $3,800 | $211,100 | $30,600 | $180,500 |
| 2018 | $3,706 | $196,000 | $30,600 | $165,400 |
| 2017 | $3,469 | $180,500 | $30,600 | $149,900 |
| 2016 | $3,308 | $160,500 | $21,200 | $139,300 |
| 2015 | $3,221 | $160,500 | $21,200 | $139,300 |
| 2014 | $3,136 | $160,500 | $21,200 | $139,300 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Surabian
-
Otis Tat
Buyer's Agent in 2023
Otis Tat
Excelsior Realty
(508) 736-2735
8 in this area
114 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73094898
APN: WORC-000007-000004-000031
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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