NOT LISTED FOR SALE

531 Main St Unit 507 Worcester, MA 01608

Downtown Worcester Neighborhood

Estimated Value: $138,000 - $181,044

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

Last Sold September 21, 2023

Last sale price $149,000 $324 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,367/month

5 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Property is near public transit
  • Medical Services
  • City View
  • 2-minute walk to The Worcester Common Oval

About This Home

As of September 2023

Are you looking for a condo in a prime location in Downtown Worcester? Don’t miss 531 Main St unit 507! This freshly painted one bedroom, one bathroom condo offers a galley style kitchen right off of the living room which boasts large windows and vaulted ceilings. Fitness room, laundry, and storage space in the building are included in the HOA fee. Walking distance from the Hanover Theater, The Palladium, Mechanics Hall, the Courthouse and City Hall. Investor Friendly!

Last Agent to Sell the Property

Anne Oakman

Media Realty Group Inc. Listed on: 08/24/2023

Media Realty Group Inc.

Last Buyer's Agent

Anne Oakman

Media Realty Group Inc. Listed on: 08/24/2023

Media Realty Group Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $950

Year Built

  • Built in 1930

HOA Fees

  • $312 Monthly HOA Fees

Interior Spaces

  • 460 Sq Ft Home
  • Vaulted Ceiling
  • City Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4542696

Community Details

Overview

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

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$950

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
  • Buyer Agency: 2
  • Entry Level: 5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Vaulted Ceiling(s)
  • Basement: N
  • Living Area: 460
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5481
  • LIST PRICE PER Sq Ft: 325.87
  • PRICE PER Sq Ft: 323.91
  • MAIN SO: AN5481

Exterior Features

  • Exterior Features: City View(s)
  • Common Walls: No One Above
  • Home Warranty YN: No
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • 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
  • UNIT BUILDING: 507
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4542696
  • Zoning: Condo
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 0270
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 950
  • Tax Book Number: 37244

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2005
Sold by
Pappas Industr Parks I
Bought by
Bade Sampath K
Total Days on Market
5
Current Estimated Value
$159,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$26,394
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,117
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
Bade Sampath K $60,000 --
Bade Sampath K $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bade Sampath K $48,000
Closed Bade Sampath K $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $149,000 -0.6% $324 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $149,900 -- $326 / 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 $1,464 $106,500 $0 $106,500
2023 $1,248 $87,000 $0 $87,000
2022 $1,083 $71,200 $0 $71,200
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

    45 Total Sales

    Anne Oakman
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73151982

MLS Property Information Network (MLS PIN)

APN: WORC-000003-000013-000507M

Massachusetts Worcester County Worcester 01608 Downtown Worcester

531 Main St Unit 507, Worcester, MA

This home is located at 531 Main St Unit 507, Worcester, MA 01608 since 24 August 2023 and is currently estimated at $159,511, approximately $346 per square foot. This property was built in 1930. 531 Main St Unit 507 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Chandler Elementary Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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