$515,000
SOLD MAY 9, 2023
9 Beds
3 Baths
3,522 Sq Ft
3,975 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

2% Below List Price

137 Days on Market

About This Home

As of May 2023

Excellent large 9 BR investment property fully occupied and rented. Close to Holy Cross and ballpark. Many updates within the 1st, 2nd and 3rd floor units, such as kitchen flooring, paint, vanity, lighting, and carpet. TAW tenants paying below market rents due to long-term tenants. Close to 290 and 146. Possibility for 4-6 parkings. Large yard. Updated electric system with breaker boxes in every unit, replacement windows and a 7 year old roof. Quit residential family neighborhood. Well maintained.

Last Agent to Sell the Property

The Pouliot Team

Coldwell Banker Realty - Worcester Listed on: 10/06/2022

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Jose Rojas

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1900

Lot Details

  • 3,975 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • 3,522 Sq Ft Home
  • Triplex
  • Stone Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $3,500

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 1.75
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3522
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 146.2
  • PRICE PER Sq Ft: 146.22
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3975
  • Lot Size Units: Acres
  • PAGE: 315
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4737.92
  • Tax Book Number: 33756

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2009
Sold by
Nichols Brenda
Bought by
Sarakinis Gerassimos
Current Estimated Value
$340,995

Purchase Details

Closed on
Jan 16, 2001
Sold by
Lockwood James W and Lockwood Frances D
Bought by
Mackenzie Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,358
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $54,500 --
Deed $49,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,358 Purchase Money Mortgage
Previous Owner $3,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $515,000 0.0% $146 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $514,900 -1.9% $146 / Sq Ft
10/06/2022 10/06/22 For Sale $524,900 +101.9% $149 / Sq Ft
02/28/2018 02/28/18 Sold $260,000 -5.4% $76 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $274,700 +5.7% $81 / Sq Ft
12/12/2017 12/12/17 Off Market $260,000 -- --
11/18/2017 11/18/17 Price Changed $279,600 -3.2% $82 / Sq Ft
11/01/2017 11/01/17 Price Changed $288,700 -2.1% $85 / Sq Ft
10/11/2017 10/11/17 For Sale $294,800 -- $87 / 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 $1,518 $115,100 $27,400 $87,700
2024 $1,442 $104,900 $27,400 $77,500
2023 $1,361 $94,900 $21,600 $73,300
2022 $1,027 $83,200 $17,300 $65,900
2021 $1,027 $63,100 $13,800 $49,300
2020 $920 $54,100 $13,800 $40,300
2019 $983 $54,600 $13,200 $41,400
2018 $981 $51,900 $13,200 $38,700
2017 $919 $47,800 $13,200 $34,600
2016 $948 $46,000 $10,200 $35,800
2015 $923 $46,000 $10,200 $35,800
2014 $899 $46,000 $10,200 $35,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73045069

MLS Property Information Network (MLS PIN)

APN: WORC-000007-000020-000020