NOT LISTED FOR SALE

168 Institute Rd Worcester, MA 01602

Salisbury Street Neighborhood

Estimated Value: $635,481 - $676,000

4 Beds
3 Baths
3,066 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $339,000 $111 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,291/month

51 Days on Market

About This Home

As of February 2016

Historic Colonial has all the charm and craftsmanship you've ever wanted. A classic front entryway leads you into the center hall with a high ceilings hand-carved mahogany staircase & hardwood floors. Unique craftsmanship on the back to back fireplaces and archways. Large dining room has built in cabinets, & cantilevered hardwoods. The kitchen has a walk-in pantry, granite counter tops & dining area. Back staircase leads all the way to the 3rd floor. 2nd floor has 4 spacious BR's, 2 full baths including a master bath, & a spacious seating area in the main hall. Walk up attic - plenty of storage space & potential to be finished. The fenced in backyard includes a spectacular swing, flower garden & space to play or just relax on your bi-level deck. This home was featured in Worcester Living Magazine Spring 3/7/2014 edition. Check out this article and see what this home can be when it's yours! HOME WARRANTY AVAILABLE, BROCHURE ATTACHED. SELLER IS MOTIVATED - MAKE AN OFFER!

Last Agent to Sell the Property

Bruce Linnehan

Coldwell Banker Realty - Worcester Listed on: 10/31/2015

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Kim Kimball

Kimball Property Realty Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,695

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
  • Electric: 220 Volts, Circuit Breakers
  • Energy: Storm Windows, Storm Doors
  • Flooring: Hardwood, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Walk-up Attic, Other (See Remarks)
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Third Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate
  • Frontage: 225.00
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Deck, Deck - Wood, Fenced Yard, City View(s), Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Steam, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer

Schools

  • Elementary School: Flagg St.
  • Middle School: Forest Grove
  • High School: Doherty

Lot Info

  • Assessor Parcel Number: M:20 B:019 L:00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2015
Closed on
Feb 19, 2016
Sold by
Perrin Kevin L
Bought by
Rymer William and Rymer Erin
Seller's Agent
Bruce Linnehan
Coldwell Banker Realty - Worcester
Buyer's Agent
Kim Kimball
Kimball Property Realty Inc.
List Price
$360,000
Sold Price
$339,000
Premium/Discount to List
-$21,000
-5.83%
Current Estimated Value
$660,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,870
Avg. Annual Appreciation
6.95%
Original Mortgage
$270,000
Outstanding Balance
$218,210
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$419,826

Purchase Details

Closed on
Dec 14, 2009
Sold by
Hench Lea S
Bought by
Perrin Kevin L and Spychalla-Perrin Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,525
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Rymer William $339,000 --
Perrin Kevin L -- --
Perrin Kevin L $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rymer Erin $86,400
Open Rymer William $270,000
Previous Owner Perrin Kevin L $357,525
Previous Owner Hench John B $100,000
Previous Owner Hench John B $50,000
Previous Owner Hench John B $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $339,000 -0.3% $111 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
12/19/2015 12/19/15 Price Changed $339,900 -2.9% $111 / Sq Ft
11/14/2015 11/14/15 Price Changed $349,900 -2.8% $114 / Sq Ft
10/31/2015 10/31/15 For Sale $360,000 -- $117 / 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 $7,695 $583,400 $118,800 $464,600
2024 $7,495 $545,100 $118,800 $426,300
2023 $7,252 $505,700 $103,300 $402,400
2022 $6,759 $444,400 $82,700 $361,700
2021 $4,138 $401,800 $66,100 $335,700
2020 $6,514 $383,200 $66,100 $317,100
2019 $6,554 $364,100 $59,600 $304,500
2018 $3,596 $343,000 $59,600 $283,400
2017 $3,904 $337,000 $59,600 $277,400
2016 $6,068 $294,400 $43,900 $250,500
2015 $5,909 $294,400 $43,900 $250,500
2014 $5,753 $294,400 $43,900 $250,500
Source: Public Records

Agents Affiliated with this Home

  • Bruce Linnehan

    Seller's Agent in 2016

    Bruce Linnehan

    Coldwell Banker Realty - Worcester

    (508) 450-6541

    21 Total Sales

    Bruce Linnehan
    Section Image
  • Kim Kimball

    Buyer's Agent in 2016

    Kim Kimball

    Kimball Property Realty Inc.

    (508) 922-1157

    49 Total Sales

    Kim Kimball
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71926534

MLS Property Information Network (MLS PIN)

APN: WORC-000020-000019-000009

Massachusetts Worcester County Worcester 01602 Salisbury Street

168 Institute Rd, Worcester, MA

This home is located at 168 Institute Rd, Worcester, MA 01602 since 31 October 2015 and is currently estimated at $660,870, approximately $215 per square foot. This property was built in 1890. 168 Institute Rd is a home located in Worcester County with nearby schools including Chandler Magnet, Jacob Hiatt Magnet School, and Flagg Street School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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