40 Electric St Worcester, MA 01610
College Hill NeighborhoodEstimated Value: $376,542 - $590,000
3
Beds
2
Baths
1,120
Sq Ft
$463/Sq Ft
Est. Value
About This Home
This home is located at 40 Electric St, Worcester, MA 01610 and is currently estimated at $518,886, approximately $463 per square foot. 40 Electric St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Heard Street Discovery Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2026
Sold by
Costello Richard
Bought by
Richard F Costello Ret and Costello
Current Estimated Value
Purchase Details
Closed on
Dec 7, 2010
Sold by
Costello Richard and Costello Betsy M
Bought by
Costello Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 2, 1993
Sold by
Grokaitis Mary and Willett Susan
Bought by
Costello Richard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richard F Costello Ret | -- | -- | |
| Costello Richard | -- | -- | |
| Costello Richard | -- | -- | |
| Costello Richard | $2,100 | -- | |
| Costello Richard | $94,900 | -- | |
| Costello Richard F | $2,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Costello Richard | $110,400 | |
| Previous Owner | Costello Richard F | $125,600 |
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 | $4,183 | $317,100 | $97,600 | $219,500 |
| 2024 | $4,043 | $294,000 | $97,600 | $196,400 |
| 2023 | $3,766 | $262,600 | $84,900 | $177,700 |
| 2022 | $3,585 | $235,700 | $67,900 | $167,800 |
| 2021 | $3,085 | $189,500 | $54,300 | $135,200 |
| 2020 | $2,917 | $171,600 | $53,900 | $117,700 |
| 2019 | $2,959 | $164,400 | $47,100 | $117,300 |
| 2018 | $2,914 | $154,100 | $47,100 | $107,000 |
| 2017 | $2,777 | $144,500 | $47,100 | $97,400 |
| 2016 | $2,679 | $130,000 | $33,300 | $96,700 |
| 2015 | $2,609 | $130,000 | $33,300 | $96,700 |
| 2014 | $2,540 | $130,000 | $33,300 | $96,700 |
Source: Public Records
Map
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