Check Availability

24 Terrace Drive

24 Terrace Drive, Worcester, MA 01609
Property in Salisbury Street
Sold Jun 30, 2021
$630,000
$504,000 by Quicken Loans Inc
Mortgage Due Jun 30, 2051
Sold Jul 03, 1996
$249,800
24 Terrace Drive has been categorized by the local assessors in Worcester, MA as a residential type of property. The building on the property was first built in 1943 and is 81 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 24 Terrace Drive has 2,742 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,382 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 35,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The building has a gable style roof made of slate. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 Terrace Drive sold most recently in Jun 30, 2021 for a total of $630,000. If you work out the math, that's approximately a cost of $229.76 per sqft. Before that, the property was also sold for $249,800 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,691 in taxes each year. 24 Terrace Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $536,300. If we break it down further, the land itself was valued at $108,500. Improvements to the property, however, were assessed at a total of $427,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Concrete
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,382
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,750
  • Total Building Area: 2,742
  • Gross Building Area: 5,600
  • Building Area: 2,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,742
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.821
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TRINKLEIN JASON
  • Previous Owner : DINA A LEES ADDIS RET
  • Owner Before Previous Owner: EST COHAN SOPHIE
  • Owner Before Previous Owner 2: COHAN HERBERT B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730801

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 43-006-00001
  • Parcel: WORC M:43 B:006 L:00001
  • Block: 6
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.2789
  • Longitude: -71.8215

    Address

  • Full Address: 24 Terrace Dr
  • Address - House Number: 24
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 1416
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,691

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 694,561
  • High Value: 816,557
  • Low Value: 572,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,300
  • Assessed Land Value: $108,500
  • Assessed Improvements Value: $427,800

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841965390
  • Current Sale Price: $630,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 91609
  • Previous Sale Recording Date: Jul 03, 1996
  • Previous Sale Amount: $249,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Salisbury Street



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 24 Terrace Drive located in?
The 24 Terrace Drive is a located in the neighborhood of Salisbury Street in Salisbury Street, Worcester.
What is the average sales price for listings in 24 Terrace Drive?
The average sales price for units in 24 Terrace Drive is $0 currently.

Quantcast