NOT LISTED FOR SALE

Estimated Value: $388,000 - $411,000

1 Bed
1.5 Baths
1,119 Sq Ft
$500/mo HOA Fee

Last Sold June 28, 2022

Last sale price $325,000 $290 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,100/month

5 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Clubhouse
  • Medical Services
  • City View
  • Property is near public transit

About This Home

As of June 2022

Bi-level loft in the LEED gold platinum rated Canal Lofts building. This top floor unit, blends past and present with dramatic Victorian architecture and a chic modern design, while exposed brick and wood beam construction highlights the character of the building. Among some of the most impressive features are the expansive great room, which is comprised of the kitchen, dining area and living room with two large windows with views of the city and Woo Sox Stadium, the designer kitchen’s millwork and ensuite that includes a walk-in shower and bathtub. Offering a premier location downtown w/ boutique shopping, dining and educational institutions, Worcester’s Canal district offers contemporary amenities that create the ideal urban experience.

Last Agent to Sell the Property

Kyle Anderson

Coldwell Banker Realty - Lexington Listed on: 05/03/2022

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Karen Russo

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1890

Lot Details

  • No Units Above

HOA Fees

  • $500 Monthly HOA Fees

Interior Spaces

  • 1,119 Sq Ft Home
  • 2-Story Property
  • City Views
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:04 B:020 L:00404,4881170

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 64 Units
  • Mid-Rise Condominium
  • The Canal Lofts Community

Amenities

  • Medical Services
  • Shops
  • Clubhouse
  • Coin Laundry
  • Elevator

Recreation

  • Fitness Center
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,555

Year Built

Built in 1890

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise, Loft
  • Year Built: 1890
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Living Area: 1119
  • Stories Total: 2
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 268.1
  • PRICE PER Sq Ft: 290.44
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: No One Above
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Unit Control
  • Heating: Central, Forced Air, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Fitness Center, Clubroom
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
  • Senior Community YN: No
  • UNIT BUILDING: 404
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:04 B:020 L:00404,4881170
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 107
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4555
  • Tax Book Number: 60268

Multi Family

  • Number Of Units Total: 64
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Canal 2 Llc
Bought by
Roy Corey J
Total Days on Market
5
Current Estimated Value
$401,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,830
Outstanding Balance
$205,473
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$194,194

Purchase Details

Closed on
Aug 11, 2017
Sold by
Canallofts Lp
Bought by
Canal Lofts 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,413
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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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
Roy Corey J $239,000 --
Canal Lofts 2 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Corey J $231,830
Previous Owner Canal Lofts Lp $975,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $325,000 +8.3% $290 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $299,999 -- $268 / 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 $4,301 $326,100 $0 $326,100
2024 $4,484 $326,100 $0 $326,100
2023 $4,881 $340,400 $0 $340,400
2022 $4,555 $299,500 $0 $299,500
2021 $3,762 $231,100 $0 $231,100
2020 $3,801 $223,600 $0 $223,600
2019 $4,133 $229,600 $0 $229,600
2018 $1,766 $93,400 $0 $93,400
2017 $1,795 $93,400 $0 $93,400
2016 $1,925 $93,400 $0 $93,400
2015 $1,875 $93,400 $0 $93,400
2014 $1,825 $93,400 $0 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975228

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000020-000404