NOT LISTED FOR SALE

531 Main St Unit 409 Worcester, MA 01608

Downtown Worcester Neighborhood

Estimated Value: $139,000 - $203,896

1 Bed
1 Bath
460 Sq Ft
$312/mo HOA Fee

Last Sold August 08, 2023

Last sale price $150,000 $326 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,366/month

33 Days on Market

Highlights

  • Fitness Center
  • City View
  • Vaulted Ceiling
  • Medical Services
  • Property is near public transit
  • 2-minute walk to The Worcester Common Oval

About This Home

As of August 2023

If you're looking for a prime location in downtown Worcester, don't miss out on this condo! This one bedroom, one bathroom condo offers a galley style kitchen with stainless steel appliances. The large windows bring in plenty of light and show off a city view. Fitness room, Laundry, and Storage Space in the building and included in the HOA fee! Walking distance from the Hanover Theater, The Palladium, Mechanics Hall, the Courthouse, and City Hall. The Federal Plaza Garage offers parking to residents. Investor friendly!

Last Agent to Sell the Property

Anne Oakman

Media Realty Group Inc. Listed on: 06/02/2023

Media Realty Group Inc.

Last Buyer's Agent

Anne Oakman

Media Realty Group Inc. Listed on: 06/02/2023

Media Realty Group Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1930

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 460 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Picture Window
  • City Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub with Shower

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 4542732

Community Details

Overview

  • Association fees include heat, gas, water, sewer, insurance, maintenance structure, snow removal
  • 36 Units
  • Mid-Rise Condominium
  • Federal Square Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,438

Year Built

Built in 1930

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1930
  • Entry Level: 4
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Range Hood
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Closet - Double
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Stainless Steel Appliances
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture
  • Basement: N
  • Living Area: 460
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN5481
  • MAIN SO: AN5481

Exterior Features

  • Common Walls: Corner
  • Home Warranty YN: No
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Fitness Center, Storage
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: 4542732
  • Zoning: Condo
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1438

Multi Family

  • Number Of Units Total: 36
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 9, 2023
Sold by
Kuruvilla Ashok G and Thomas Honey E
Bought by
Thu Diana T
Seller's Agent
Anne Oakman
Media Realty Group Inc.
Buyer's Agent
Anne Oakman
Media Realty Group Inc.
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Views
367
Current Estimated Value
$169,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,224
Avg. Annual Appreciation
5.31%
Original Mortgage
$112,500
Outstanding Balance
$109,663
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,561

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 19, 2022
Sold by
Keane Heather
Bought by
Kuruvilla Ashok G and Thomas Honey E
Seller's Agent
Bonnie Narcisi
Coldwell Banker Realty - Northborough
Buyer's Agent
Anne Oakman
Media Realty Group Inc.
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$100,000
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 6, 2021
Closed on
Aug 3, 2021
Sold by
Tuxim Inc
Bought by
Keane Heather
Seller's Agent
Jason Pincomb
Lamacchia Realty, Inc.
Buyer's Agent
Dana Peloso
Coldwell Banker Realty - Worcester
List Price
$99,900
Sold Price
$104,000
Premium/Discount to List
$4,100
4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.21%
Original Mortgage
$98,800
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2007
Sold by
Tezduyar Emre
Bought by
Tuxim Inc

Purchase Details

Closed on
Feb 21, 2007
Sold by
Fanning Jason P
Bought by
Tezduyar Emre

Purchase Details

Closed on
Jan 20, 2006
Sold by
Pappas Industrial Pks
Bought by
Fanning Jason P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Thu Diana T $150,000 None Available
Thu Diana T $150,000 None Available
Kuruvilla Ashok G $125,000 None Available
Keane Heather $104,000 None Available
Tuxim Inc -- --
Tuxim Inc -- --
Tuxim Inc -- --
Tezduyar Emre $64,500 --
Tezduyar Emre $64,500 --
Tezduyar Emre $64,500 --
Fanning Jason P $57,000 --
Fanning Jason P $57,000 --
Fanning Jason P $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thu Diana T $112,500
Closed Thu Diana T $112,500
Previous Owner Kuruvilla Ashok G $100,000
Previous Owner Keane Heather $98,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $150,000 +3.4% $326 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $145,000 0.0% $315 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $145,000 +16.0% $315 / Sq Ft
05/20/2022 05/20/22 Sold $125,000 +8.7% $272 / Sq Ft View Prior Sale
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $115,000 +10.6% $250 / Sq Ft
08/03/2021 08/03/21 Sold $104,000 +4.1% $226 / Sq Ft View Prior Sale
06/11/2021 06/11/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $99,900 -- $217 / 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 $1,968 $149,200 $0 $149,200
2024 $1,690 $122,900 $0 $122,900
2023 $1,438 $100,300 $0 $100,300
2022 $1,250 $82,200 $0 $82,200
2021 $873 $53,600 $0 $53,600
2020 $983 $57,800 $0 $57,800
2019 $734 $40,800 $0 $40,800
2018 $668 $35,300 $0 $35,300
2017 $665 $34,600 $0 $34,600
2016 $713 $34,600 $0 $34,600
2015 $694 $34,600 $0 $34,600
2014 $676 $34,600 $0 $34,600
Source: Public Records

Agents Affiliated with this Home

  • Anne Oakman

    Seller's Agent in 2023

    Anne Oakman

    Media Realty Group Inc.

    (508) 365-7036

    3 in this area

    48 Total Sales

    Anne Oakman
    Section Image

  • B

    Seller's Agent in 2022

    Bonnie Narcisi

    Coldwell Banker Realty - Northborough

    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Bob Hughes

    Coldwell Banker Realty - Northborough

    Section Image

  • J

    Seller's Agent in 2021

    Jason Pincomb

    Lamacchia Realty, Inc.

    Section Image

  • D

    Buyer's Agent in 2021

    Dana Peloso

    Coldwell Banker Realty - Worcester

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73119799

MLS Property Information Network (MLS PIN)

APN: WORC-000003-000013-000409M

Massachusetts Worcester County Worcester 01608 Downtown Worcester

531 Main St Unit 409, Worcester, MA

Not Listed for Sale

Condos

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