NOT LISTED FOR SALE

8 Fairbanks St Worcester, MA 01610

Vernon Hill Neighborhood

Estimated Value: $681,000 - $802,000

9 Beds
3 Baths
3,918 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $540,000 $138 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,510 / mo

8 Days on Market

About This Home

As of June 2021

Terrific investment option in Worcester right by Polar Ball Park!!!!...3 Units...Off Street Parking...Beautiful Hardwoods...Washer & Dryers in Unit...Large backyard... LEAD CERTIFICATION 1ST floor...OPEN HOUSE.... SATURDAY.... 05/15 & SUNDAY..... 05/16 12-3 pm. HIGHEST AND BEST OFFERS NEED TO BE IN BY MONDAY 05/17.... 12PM

Last Agent to Sell the Property

Eve Patterson

Property Investors & Advisors, LLC Listed on: 05/13/2021

Last Buyer's Agent

Cody Chy

Escalate Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,841

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:10 B:007 L:00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual, Approximate
  • List Price Per Sq Ft: 127.59
  • Comp Based On: Net Sale Price
  • Year Built: 1923
  • Lead Paint: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1923

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4146
  • Main So: AN4140
  • Estimated Sq Ft: 3918.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum, Vinyl
  • Foundation Size: 1488 sq ft

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School

Lot Info

  • Assessments: 334800.00
  • Lot: 00007
  • Acre: 0.18
  • Lot Size: 7785.00
  • Page: 349
  • Parcel Number: M:10 B:007 L:00007
  • Zoning: RG-5
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5451.00
  • Assessor Parcel Number: 1771804
  • Tax Year: 2021

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

Closed on
Jul 3, 2023
Sold by
Bought by
Current Estimated Value
$719,706

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 30, 2021
Sold by
Bought by
Seller's Agent
Eve Patterson
Property Investors & Advisors, LLC
Buyer's Agent
Cody Chy
Escalate Real Estate
List Price
$499,900
Sold Price
$540,000
Premium/Discount to List
$40,100
8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$397,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,814
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,814
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Dec 13, 2013
Sold by
Bought by
Seller's Agent
Werme Boland Associates
ERA Key Realty Services - Westborough
Buyer's Agent
Carla Horn
ERA Key Realty Services
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$161,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.55%
Mortgage Type
New Conventional
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

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
-- None Available
$540,000 None Available
$455,000 None Available
-- None Available
$345,000 --
$215,000 --
$215,000 --
$215,000 --
$60,000 --
$60,000 --
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
Previous Owner $397,500
Previous Owner $439,814
Previous Owner $258,750
Previous Owner $161,250
Previous Owner $100,000
Previous Owner $50,000
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 Prior Sale
06/30/2021 06/30/21 Sold $540,000 +8.0% $138 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $499,900 +132.5% $128 / Sq Ft
12/13/2013 12/13/13 Sold $215,000 -10.4% $55 / Sq Ft View Prior Sale
11/13/2013 11/13/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $239,900 -- $61 / 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 $8,282 $627,900 $97,800 $530,100
2024 $7,645 $556,000 $97,800 $458,200
2023 $7,318 $510,300 $85,000 $425,300
2022 $6,364 $418,400 $68,000 $350,400
2021 $5,451 $334,800 $54,400 $280,400
2020 $5,041 $296,500 $54,000 $242,500
2019 $4,477 $248,700 $47,200 $201,500
2018 $4,385 $231,900 $47,200 $184,700
2017 $4,121 $214,400 $47,200 $167,200
2016 $3,889 $188,700 $33,400 $155,300
2015 $3,787 $188,700 $33,400 $155,300
2014 $3,687 $188,700 $33,400 $155,300
Source: Public Records

Agents Affiliated with this Home

  • Eve Patterson

    Seller's Agent in 2021

    Eve Patterson

    Property Investors & Advisors, LLC

    (508) 341-4434

    1 in this area

    15 Total Sales

    Eve Patterson
    Section Image
  • Cody Chy

    Buyer's Agent in 2021

    Cody Chy

    Escalate Real Estate

    (781) 888-0986

    2 in this area

    37 Total Sales

    Cody Chy
    Section Image

  • W

    Seller's Agent in 2013

    Werme Boland Associates

    ERA Key Realty Services - Westborough

    (508) 320-7935

    16 Total Sales

    Werme Boland Associates
    Section Image
  • Carla Horn

    Buyer's Agent in 2013

    Carla Horn

    ERA Key Realty Services

    (774) 573-1294

    108 Total Sales

    Carla Horn
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72830719

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000007-000007

Massachusetts Worcester County Worcester 01610 Vernon Hill

8 Fairbanks St, Worcester, MA

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.

MLS Property Information Network (MLS PIN) 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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