36 Institute Rd Worcester, MA 01609
Elm Park NeighborhoodEstimated Value: $872,630 - $903,000
8
Beds
5
Baths
4,440
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Attic
- Tennis Courts
- Wood Flooring
- 2 Fireplaces
- Porch
About This Home
As of November 2024Exciting investment opportunity to own this large, side by side duplex, on the West side adjacent to WPI. Conveniently located within walking distance to Institute Park, Highland Street restaurants, Worcester Art Museum, as well as Park Avenue and Downtown. This older home with lots of character features high ceilings, hardwood floors, fireplaced living rooms, metal kitchen cabinets, built in cabinetry, and wood trim throughout. Each side has a walk-up staircase to a third floor that could be used as additional living space. Great for your family or as an investment.
Last Buyer's Agent
George Nanis
Property Investors & Advisors, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,083
Year Built
- Built in 1923
Lot Details
- 8,724
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,440 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Heating
- Heating System Uses Oil
- Heating System Uses Steam
Additional Features
- Porch
- 8,724 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:02 B:043 L:00132,1763543
Community Details
Overview
- 2 Units
Recreation
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2007
Sold by
36 Inst Road Rt and Altomare
Bought by
Kim Seung Kyu
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Seung Kyu | $380,000 | -- | |
| Kim Seung Kyu | $380,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hang Phuong | $637,000 | |
| Closed | Hang Phuong | $637,000 | |
| Closed | Kim Seung Kyu | $304,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $875,000 | -12.5% | $197 / Sq Ft |
| 09/14/2024 09/14/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $999,900 | -- | $225 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,610 | $728,600 | $98,100 | $630,500 |
| 2024 | $9,083 | $660,600 | $98,100 | $562,500 |
| 2023 | $8,537 | $595,300 | $85,300 | $510,000 |
| 2022 | $7,950 | $522,700 | $68,300 | $454,400 |
| 2021 | $7,473 | $459,000 | $54,600 | $404,400 |
| 2020 | $6,962 | $409,500 | $54,200 | $355,300 |
| 2019 | $7,013 | $389,600 | $47,400 | $342,200 |
| 2018 | $6,834 | $361,400 | $47,400 | $314,000 |
| 2017 | $6,487 | $337,500 | $47,400 | $290,100 |
| 2016 | $6,575 | $319,000 | $33,600 | $285,400 |
| 2015 | $6,402 | $319,000 | $33,600 | $285,400 |
| 2014 | $6,233 | $319,000 | $33,600 | $285,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Carney
J
Seller's Agent in 2024
Jack Carney
Locations, Inc.
(617) 515-0331
1 in this area
6 Total Sales
-
G
Buyer's Agent in 2024
George Nanis
Property Investors & Advisors, LLC
(855) 450-0442
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73285880
APN: WORC-000002-000043-000132
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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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