NOT LISTED FOR SALE

Estimated Value: $812,442

6 Beds
3 Baths
3,226 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $506,000 $157 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,244/month

10 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Porch

About This Home

As of November 2019

Location! Location! This property is a TURN-KEY MONEY MAKER! Completely renovated, stunning multi-family ALSO commercially zoned for retail, office, restaurant, etc., Your choice- move-in or rental ready! Situated on a private corner lot it is close to all major highways, Union Station, UMASS, and Lake Quinsigamond. This property boasts new kitchens (w/ upgraded cabinets, countertops, appliances), bathrooms, siding, windows, heating, water heaters, plumbing, electrical, flooring, and porch/balcony. First floor features an open floor plan, stainless steel appliances, granite, and a washer/dryer. Second and third floors are filled with natural light, gleaming hardwoods throughout, large kitchens, walk-in pantries, and washer/dryer hook-up (2nd floor). Newly paved parking for 10, partially fenced. Minutes to dining, shopping, theater, universities, walking/running trails, skating, swimming, tennis, Polar Park, and of course downtown Worcester. Group showings 10/16 5-6 and 10/18 5-6.

Last Agent to Sell the Property

Lynn Loiseau

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 10/11/2019

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Vitello Real Estate Associates

OWN IT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098

Flooring

  • Wood
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Utilities

  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:18 B:015 L:00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 154.96
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Vinyl, Varies Per Unit, Hardwood, Wood Laminate
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: K95001
  • Main So: AC2259
  • Estimated Sq Ft: 3226.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Frontage: 50.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Balcony, Gutters
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 3
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 198500.00
  • Lot: 00018
  • Acre: 0.14
  • Lot Size: 6250.00
  • Page: 168
  • Parcel Number: M:18 B:015 L:00018
  • Zoning: BL-1
  • Lot Description: Corner, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Storm Doors

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3636.25
  • Assessor Parcel Number: 1780462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 21, 2019
Sold by
Mahan Michael and Mahan Marie
Bought by
Mansoor Safi and Kouser Javeria
Seller's Agent
Lynn Loiseau
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Vitello Real Estate Associates
OWN IT
List Price
$499,900
Sold Price
$506,000
Premium/Discount to List
$6,100
1.22%
Current Estimated Value
$812,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,442
Avg. Annual Appreciation
8.07%
Original Mortgage
$379,500
Outstanding Balance
$332,461
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$479,981

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 11, 2013
Sold by
Fnma
Bought by
Mahan Michael and Mahan Marie
Seller's Agent
Chris Mahoney
RE/MAX One Call Realty
Buyer's Agent
Brian O'Neil
RE/MAX Vision
List Price
$154,900
Sold Price
$152,900
Premium/Discount to List
-$2,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
Aug 25, 2010
Sold by
Haddad William P and Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 19, 1997
Sold by
Moore Paul and Moore Anna E
Bought by
Haddad William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mansoor Safi $506,000 --
Mahan Michael $152,900 --
Mahan Michael $152,900 --
Federal National Mortgage Association $169,743 --
Federal National Mortgage Association $169,743 --
Haddad William P $45,000 --
Haddad William P $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansoor Safi $379,500
Previous Owner Haddad William P $80,000
Previous Owner Haddad William P $50,000
Previous Owner Haddad William P $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $506,000 +1.2% $157 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $499,900 +226.9% $155 / Sq Ft
03/09/2013 03/09/13 Sold $152,900 -1.3% $47 / Sq Ft View Prior Sale
02/07/2013 02/07/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $154,900 -- $48 / 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 $0 $526,600 $85,000 $441,600
2024 $0 $526,600 $85,000 $441,600
2023 $6,971 $486,100 $73,900 $412,200
2022 $5,736 $377,100 $59,100 $318,000
2021 $4,090 $251,200 $47,300 $203,900
2020 $4,956 $200,900 $43,800 $157,100
2019 $5,062 $198,500 $41,400 $157,100
2018 $0 $193,600 $41,400 $152,200
2017 $0 $193,600 $41,400 $152,200
2016 -- $202,000 $34,500 $167,500
2015 -- $202,000 $34,500 $167,500
2014 $4,761 $202,000 $34,500 $167,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72579268

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000015-000018