NOT LISTED FOR SALE

83 Gates St Worcester, MA 01610

Beacon Brightly Neighborhood

Estimated Value: $701,000 - $746,000

9 Beds
3 Baths
3,842 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $62,500 $16 Per Sq Ft

Est. 1,065% increase in value since last sale

Current estimated payment $4,419/month

277 Days on Market

About This Home

As of January 2013

Three-family located close to University Park, Clark University, bus routes and stores. Separate utilities and laundry in each unit. Back yard area. Being sold "as-is" condition. Needs work. Cash or rehab loans. Great for owner occupied or investor, good rental units.

Last Agent to Sell the Property

Linda Zichelle

Coldwell Banker Realty - Leominster Listed on: 03/10/2012

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Armand Belanger

Media Realty Group Inc.

Media Realty Group Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,026

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl
  • Basement: Full, Dirt Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 0

Utilities

  • Heat Zones: 3

Lot Info

  • Assessor Parcel Number: M:07 B:004 L:0030C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2012
Closed on
Jan 11, 2013
Sold by
Wells Fargo Bank Na
Bought by
Nguyen Son V
Seller's Agent
Linda Zichelle
Coldwell Banker Realty - Leominster
Buyer's Agent
Armand Belanger
Media Realty Group Inc.
List Price
$124,900
Sold Price
$62,500
Premium/Discount to List
-$62,400
-49.96%
Current Estimated Value
$728,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,500
Avg. Annual Appreciation
20.96%

Purchase Details

Closed on
Feb 28, 2012
Sold by
Then Luz M and Wells Fargo Bank Na Tr
Bought by
Carrington Mortgage Lo and Wells Fargo Bank Na

Purchase Details

Closed on
Apr 21, 2005
Sold by
Murray David J and Murray Diana L
Bought by
Then Luz M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1993
Sold by
Wrcster Cnty Inst Svgs
Bought by
Murray David J and Murray Diana
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
Nguyen Son V $62,500 --
Carrington Mortgage Lo $132,000 --
Then Luz M $270,000 --
Murray David J $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Then Luz M $216,000
Previous Owner Murray David J $110,500
Previous Owner Murray David J $71,000
Previous Owner Murray David J $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2013 01/11/13 Sold $62,500 -50.0% $16 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $124,900 -- $33 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,026 $532,700 $36,400 $496,300
2024 $6,390 $464,700 $36,400 $428,300
2023 $6,113 $426,300 $28,800 $397,500
2022 $5,331 $350,500 $23,000 $327,500
2021 $4,762 $292,500 $18,400 $274,100
2020 $4,350 $255,900 $18,400 $237,500
2019 $3,029 $168,300 $17,600 $150,700
2018 $2,944 $155,700 $17,600 $138,100
2017 $2,743 $142,700 $17,600 $125,100
2016 $2,661 $129,100 $12,900 $116,200
2015 $2,591 $129,100 $12,900 $116,200
2014 $2,523 $129,100 $12,900 $116,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Zichelle

    Coldwell Banker Realty - Leominster

    (978) 855-8692

    29 Total Sales

    Linda Zichelle
    Section Image

  • A

    Buyer's Agent in 2013

    Armand Belanger

    Media Realty Group Inc.

    (855) 886-3342

    3 Total Sales

    Armand Belanger
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71349597

MLS Property Information Network (MLS PIN)

APN: WORC-000007-000004-000030C

Massachusetts Worcester County Worcester 01603 Beacon Brightly

83 Gates St, Worcester, MA

Not Listed for Sale

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