44 Ellis Dr Worcester, MA 01609

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3 beds · 2 baths · 1,667 sq ft · Lot Size: 14,810 sq ft · Single Family Home · Salisbury Street
Est. Property Value: $493,602

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44 Ellis Dr is in the Salisbury Street neighborhood of Worcester, MA. It is located in Worcester County and ZIP code 01609. This Single Family Home was built in 1953 and is approximately 72 years old. The single family home spans 1667 sq ft with 3 bedrooms and 2 bathrooms and sits on a 14810 sq ft lot. According to public records, it was last sold in 2017 for $305,000 and has a tax-assessed value of $497,515, which is $296 per sq ft. The Salisbury Street area of Worcester has 682 residential homes with an average size of 1680 sq ft. Analyze and compare real estate investment strategies for properties like this home at 44 Ellis Dr Worcester, MA 01609 with Property Intel by Whitepages.

44 Ellis Dr

Worcester, MA 01609

Owner Info

Owners & Occupancy for 44 Ellis Dr

This property is owned by Michael A Mendoza. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Cell Phone(508) ***-****View Cell Phone
Residence*************
Landline
Distance from Property**********
Email Address********@hartford.eduView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 43

Property Financials for 44 Ellis Dr

44 Ellis Dr, Worcester, MA has a mortgage from Fairway Independent Mtg (orig. September 12, 2022). The Worcester county assessment for 2024 values it at $497,515, with annual taxes of $6,397.

Mortgage & Equity Information

Loan Amount$******
LenderFairway Independent Mtg
Origination DateSeptember 12, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateDecember 06, 2017
Property Tax Amount$6,397 in 2024
Purchase Price$305,000
Assessed Value$497,515 on 2024

Investment Potential for 44 Ellis Dr

The property has a current estimated value of $493,602, which is 7% above the neighborhood median, based on public records. It last sold on December 06, 2017 for $305K. Projected long-term
is $44,400 annually ($3,700 per month) with a 91% occupancy rate.

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Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 01609 zip code
 
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Property Details for 44 Ellis Dr

Property Details

Property Sq Ft

Living Area

1,667 sq ft

1% below market

Lot Size

14,810 sq ft

26% above market

Price Per Sq Ft

Living Area

$296 / sq ft

7% above market

Lot Size Area

$33 / sq ft

17% below market

Property condition, age, exterior, etc. for 44 Ellis D…
Longitude: -71.826266 Latitude: 42.279644 Parcel Number (APN): WORC-000043-000001A-000108…

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Discover more single family homes near 44 Ellis Dr in Worcester, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 44 Ellis Dr in Worcester County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$493,602
$553,061
-$59,459 (-11%)
$770,357
-$173,524 (-23%)
YoY Price Change
Year Built
1953
1962
-9 years
Living Space
1,667 sq ft
1,570 sq ft
97 (6%)
$ Per Living Sq Ft
$296
$347
-$51 (-15%)
Lot Size
14,810 sq ft
15,246 sq ft
-436 (-3%)
$ Per Lot Sq Ft
$33
$34
-$1 (-3%)

Net Operating Income
$28,945
-$480 (-2%)
Annual Revenue
$44,400
$44,400
$0 (0%)
$15,932
$3 (0%)
Net Operating Income
$28,945
-$480 (-2%)
Cap Rate
5.27%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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