NOT LISTED FOR SALE

Estimated Value: $622,261 - $700,000

6 Beds
3 Baths
3,073 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $510,000 $166 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,295/month

37 Days on Market

About This Home

As of December 2021

Come see this beautiful 3-Family home on the desirable West side of Worcester. 1st and 2nd floor units feature hardwood floors, tall ceilings and spacious bedrooms with some updates in the kitchen and bathrooms. 3rd floor (will be vacant at the time of closing) features an open concept, new windows and back balcony access. Lot includes a side yard that could potentially be turned into a drive way in the future or a fenced-in yard for entertainment. Roof recently repaired. Home is ready for its new owner! Will hold an Open House on Saturday, September 4th from 1pm-4pm. Please review showing instructions, as appointments will be required with time slots.

Last Listed By

Isaac Alvarenga

Property Investors & Advisors, LLC Listed on: 08/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,662

Year Built

  • 1912

Lot Details

  • 4,792

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,662

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Park Ave to May St. June St to May St
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1912

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN5781
  • LIST PRICE PER Sq Ft: 162.38
  • PRICE PER Sq Ft: 165.96
  • MAIN SO: AN6259
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage), Unit 1 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo,Sunroom), Unit 2 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame
  • Disclosures: Buyer And Buyer Agent To Verify All Information Provided. 3rd Floor Will Be Vacant By Closing. 3rd Floor Does Not Have Heat (Potential To Add Electric Baseboard). There Is No Off Street Parking (Tenants Have Never Had Issues With Street Parking In The Area). Listing Agent Related To Seller.
  • Exclusions: All Tenant Owned Personal Property.
  • Lot Features: Other
  • Patio And Porch Features: Enclosed, Patio
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Steam), Unit 2(Steam), Unit 3(None)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Conservation Area, House of Worship, Private School, Public School, University
  • HOA Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)

Lot Info

  • LOT SIZE: 4862
  • PAGE: 12
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: RES

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 37200
  • Property Net Operating Income: 37200
  • Number Of Units Total: 3
  • Total Actual Rent: 3100

Tax Info

  • Tax Annual Amount: 5017.5
  • Tax Book Number: 1939
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Dec 13, 2021
Sold by
Cruz Antonio and Cruz Martha
Bought by
Hernandez Julio R
Seller's Agent
Isaac Alvarenga
Property Investors & Advisors, LLC
Buyer's Agent
Mikeoll Echeverria
Property Investors & Advisors, LLC
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Total Days on Market
37
Current Estimated Value
$656,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,315
Avg. Annual Appreciation
7.45%
Original Mortgage
$500,762
Outstanding Balance
$471,657
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$181,360

Purchase Details

Closed on
Nov 28, 1997
Sold by
Feinzeig Dorota
Bought by
Cruz Antonio and Cruz Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hernandez Julio R $510,000 None Available
Cruz Antonio $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Julio R $500,762
Previous Owner Cruz Antonio $108,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $510,000 +2.2% $166 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $499,000 -- $162 / 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 $7,662 $580,900 $79,600 $501,300
2024 $7,447 $541,600 $79,600 $462,000
2023 $6,893 $480,700 $69,200 $411,500
2022 $6,204 $407,900 $55,400 $352,500
2021 $5,017 $308,200 $44,300 $263,900
2020 $3,721 $218,900 $44,000 $174,900
2019 $3,839 $213,300 $38,400 $174,900
2018 $3,895 $206,000 $38,400 $167,600
2017 $3,686 $191,800 $38,400 $153,400
2016 $3,584 $173,900 $27,800 $146,100
2015 $3,490 $173,900 $27,800 $146,100
2014 $3,398 $173,900 $27,800 $146,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72888490

MLS Property Information Network (MLS PIN)

APN: WORC-000014-000006-000005