340 May St Worcester, MA 01602
Newton Square NeighborhoodEstimated Value: $4,711,000 - $12,144,296
--
Bed
--
Bath
56,378
Sq Ft
$155/Sq Ft
Est. Value
About This Home
This home is located at 340 May St, Worcester, MA 01602 and is currently estimated at $8,755,432, approximately $155 per square foot. 340 May St is a home with nearby schools including Chandler Magnet, Jacob Hiatt Magnet School, and May Street Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2011
Sold by
Bechmark Worcester Ll
Bought by
340 May St Worcester L
Current Estimated Value
Purchase Details
Closed on
Oct 15, 2007
Sold by
Kf Worcester Place Llc
Bought by
Benchmark Gpt Worc Llc
Purchase Details
Closed on
Aug 15, 2007
Sold by
Worcester Place Llc
Bought by
Kf Worcester Place Sh
Purchase Details
Closed on
Oct 5, 2004
Sold by
Worcester Place Llc
Bought by
Kf Worcester Place Sh and Gss Holdings Kf Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,555,400
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 20, 1998
Sold by
Marcus Gertrude S and Marcus Dean
Bought by
Worcester Place Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
6.98%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 340 May St Worcester L | $7,312,620 | -- | |
| Benchmark Gpt Worc Llc | $4,916,898 | -- | |
| Kf Worcester Place Sh | $4,852,900 | -- | |
| Kf Worcester Place Sh | $13,715,231 | -- | |
| Worcester Place Llc | $927,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Worcester Kre Bsl Husky | $384,678,000 | |
| Previous Owner | Kf Worcester Place Sh | $9,555,400 | |
| Previous Owner | Worcester Place Llc | $7,500,000 |
Source: Public Records
Tax History Compared to Growth
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 | $129,287 | $9,801,900 | $2,508,000 | $7,293,900 |
| 2024 | $130,428 | $9,485,700 | $2,508,000 | $6,977,700 |
| 2023 | $136,025 | $9,485,700 | $2,508,000 | $6,977,700 |
| 2022 | $144,277 | $9,485,700 | $2,508,000 | $6,977,700 |
| 2021 | $158,367 | $9,727,700 | $2,508,000 | $7,219,700 |
| 2020 | $165,371 | $9,727,700 | $2,508,000 | $7,219,700 |
| 2019 | $166,322 | $9,240,100 | $2,508,000 | $6,732,100 |
| 2018 | $152,065 | $8,041,500 | $4,742,400 | $3,299,100 |
| 2017 | $154,558 | $8,041,500 | $4,742,400 | $3,299,100 |
| 2016 | $130,704 | $6,341,800 | $1,900,000 | $4,441,800 |
| 2015 | $127,280 | $6,341,800 | $1,900,000 | $4,441,800 |
| 2014 | $123,919 | $6,341,800 | $1,900,000 | $4,441,800 |
Source: Public Records
Map
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