NOT LISTED FOR SALE

531 Main St Unit 403 Worcester, MA 01608

Downtown Worcester Neighborhood

Estimated Value: $191,000 - $325,610

2 Beds
1 Bath
963 Sq Ft
1930 Built

Last Sold November 01, 2019

Last sale price $117,000 $121 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,489/month

19 Days on Market

About This Home

As of November 2019

Live on The Grid! If you are looking to be part of Worcester's Downtown, This 2 Bedroom 1 Bath Condo is available on the 4th floor of the Federal Square Condos. Located at the corner of Main & Federal Street in Downtown Worcester, this condo is close to The Hanover Theater, The Grid, and Union Station. Heat and Water are included in the HOA fees. The building amenities include common coin-op laundry and a fitness room. Entry to building is by secure key fob. This unit does not come with deeded parking, but there is plenty of on street meter parking in the area as well as public or private parking lots.

Last Agent to Sell the Property

Cathy Babiec

Aprilian Inc. Listed on: 08/21/2019

Last Buyer's Agent

James Black

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1930

Kitchen

  • Range
  • Disposal

Additional Features

  • Year Round Access
  • Forced Air Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:03 B:013 L:0403M

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,497

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 134.99
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 403
  • Unit Level: 4
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1930

Interior Features

  • Appliances: Range, Disposal, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Fourth Floor
  • Bedroom 2: On Level: Fourth Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Fourth Floor
  • No Rooms: 4
  • Kitchen: On Level: Fourth Floor
  • Laundry: On Level: Fourth Floor
  • Living Room: On Level: Fourth Floor
  • Other Room 1: Name: Exercise Room, On Level: Second Floor
  • No Living Levels: 5
  • Main Lo: AN2448
  • Main So: K95491
  • Estimated Sq Ft: 963.00

Garage/Parking

  • Parking Feature: No parking

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Forced Air
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Highway Access, T-Station, University
  • HOA Fees: 476.00
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Exercise Room
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Federal Square Condominiums

Lot Info

  • Assessments: 51300.00
  • Page: 334
  • Parcel Number: M:03 B:013 L:0403M
  • Zoning: Condo

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 970.00
  • Assessor Parcel Number: 4542677

Multi Family

  • No Units: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Nov 1, 2019
Sold by
Vernon Justin A and Vernon Francis L
Bought by
Vernon Stevens Real Est
Seller's Agent
Cathy Babiec
Aprilian Inc.
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$130,000
Sold Price
$117,000
Premium/Discount to List
-$13,000
-10%
Total Days on Market
19
Current Estimated Value
$229,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,403
Avg. Annual Appreciation
12.70%
Original Mortgage
$84,000
Outstanding Balance
$74,447
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$154,956

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 16, 2019
Sold by
Tezduyar Michele
Bought by
Vernon Justin A and Stevens Francis L
Seller's Agent
Cathy Babiec
Aprilian Inc.
Buyer's Agent
James Black
Real Broker MA, LLC
List Price
$130,000
Sold Price
$117,000
Premium/Discount to List
-$13,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$74,447
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$154,956

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gilliatt Michael J
Bought by
Wardle Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
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
Vernon Stevens Real Est -- --
Vernon Stevens Real Est -- --
Vernon Justin A $117,000 --
Wardle Michele L $89,500 --
Wardle Michele L $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Stevens Real Est $84,000
Closed Vernon Justin A $84,000
Previous Owner Wardle Michele $104,000
Previous Owner Wardle Michele $26,000
Previous Owner Wardle Michele L $89,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $117,000 -10.0% $121 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $130,000 -- $135 / 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 $2,497 $189,300 $0 $189,300
2024 $2,142 $155,800 $0 $155,800
2023 $1,821 $127,000 $0 $127,000
2022 $1,580 $103,900 $0 $103,900
2021 $1,271 $78,100 $0 $78,100
2020 $1,431 $84,200 $0 $84,200
2019 $1,071 $59,500 $0 $59,500
2018 $970 $51,300 $0 $51,300
2017 $967 $50,300 $0 $50,300
2016 $1,037 $50,300 $0 $50,300
2015 $1,010 $50,300 $0 $50,300
2014 $983 $50,300 $0 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Cathy Babiec

    Seller's Agent in 2019

    Cathy Babiec

    Aprilian Inc.

    (774) 708-2592

    Section Image
  • James Black

    Buyer's Agent in 2019

    James Black

    Real Broker MA, LLC

    (508) 365-3532

    837 Total Sales

    James Black
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72551513

MLS Property Information Network (MLS PIN)

APN: WORC-000003-000013-000403M

Massachusetts Worcester County Worcester 01608 Downtown Worcester

531 Main St Unit 403, Worcester, MA

This home is located at 531 Main St Unit 403, Worcester, MA 01608 since 21 August 2019 and is currently estimated at $229,403, approximately $238 per square foot. This property was built in 1930. 531 Main St Unit 403 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Chandler Elementary Community School.

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