531 Main St Unit 508 Worcester, MA 01608
Downtown Worcester NeighborhoodEstimated Value: $150,000 - $188,935
1
Bed
1
Bath
608
Sq Ft
3,049
Sq Ft Lot
Highlights
- Medical Services
- Park
- Tile Flooring
- Property is near public transit
- Shops
- 2-minute walk to The Worcester Common Oval
About This Home
As of August 2024Cash Cow! Looking to add to your investment portfolio or just starting out? This is a prime location in Worcester, set in the midst of downtown with access to restaurants, shopping, and entertainment such as the Hanover Theatre, City Hall, and Green Street. The galley-style kitchen is set off the living room, where you can enjoy views of Worcester's downtown from the large windows. Laundry facilities are in the building, and the HOA covers heat and hot water! The tenant has been living here for over 5 years, always pays rent on time, and will make you a happy landlord.
Last Buyer's Agent
Antoinette Falzone
Cali Realty Group, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,664
Year Built
- Built in 1930
Lot Details
- 3,049
Home Design
- Frame Construction
- Rubber Roof
Interior Spaces
- 608 Sq Ft Home
- 1-Story Property
- Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
Listing and Financial Details
- Legal Lot and Block 0508M / 013
- Assessor Parcel Number M:03 B:013 L:0508M,4542687
Community Details
Overview
- Association fees include heat, insurance, maintenance structure, snow removal, trash
- 80 Units
- Mid-Rise Condominium
Amenities
- Medical Services
- Shops
- Laundry Facilities
Recreation
- Park
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2020
Sold by
Wang Miaomiao and Zhang Meng
Bought by
Li Shu
Total Days on Market
38
Current Estimated Value
Purchase Details
Listed on
Jun 25, 2018
Closed on
Jul 27, 2018
Sold by
Mclean Robert W and Mclean Jean P
Bought by
Wang Miaomiao
Seller's Agent
Dorry Stone
ERA Key Realty Services - Worcester
Buyer's Agent
La Toya Douglas
Coldwell Banker Realty - Marblehead
List Price
$55,000
Sold Price
$55,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%
Purchase Details
Closed on
Feb 26, 2010
Sold by
Millbury Fcu
Bought by
Mclean Robert W and Mclean Jean P
Purchase Details
Closed on
Sep 22, 2009
Sold by
Blodgett William F and Millbury Fcu
Bought by
Millbury Fcu
Similar Homes in Worcester, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Shu | $67,000 | None Available | |
| Li Shu | $67,000 | None Available | |
| Wang Miaomiao | $55,000 | -- | |
| Wang Miaomiao | $55,000 | -- | |
| Mclean Robert W | $30,000 | -- | |
| Mclean Robert W | $30,000 | -- | |
| Millbury Fcu | $55,227 | -- | |
| Millbury Fcu | $55,227 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hashmani Azeem | $107,100 | |
| Closed | Hashmani Azeem | $107,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $153,000 | -7.3% | $252 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 06/20/2024 06/20/24 | For Sale | $165,000 | +146.3% | $271 / Sq Ft |
| 07/31/2020 07/31/20 | Sold | $67,000 | -15.2% | $110 / Sq Ft |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 05/17/2020 05/17/20 | For Sale | $79,000 | 0.0% | $130 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 04/25/2020 04/25/20 | For Sale | $79,000 | 0.0% | $130 / Sq Ft |
| 01/22/2020 01/22/20 | Pending | -- | -- | -- |
| 10/11/2019 10/11/19 | For Sale | $79,000 | +43.6% | $130 / Sq Ft |
| 07/27/2018 07/27/18 | Sold | $55,000 | 0.0% | $90 / Sq Ft |
| 07/06/2018 07/06/18 | Pending | -- | -- | -- |
| 06/25/2018 06/25/18 | For Sale | $55,000 | -- | $90 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $1,940 | $147,100 | $0 | $147,100 |
| 2024 | $1,664 | $121,000 | $0 | $121,000 |
| 2023 | $1,417 | $98,800 | $0 | $98,800 |
| 2022 | $1,230 | $80,900 | $0 | $80,900 |
| 2021 | $990 | $60,800 | $0 | $60,800 |
| 2020 | $1,115 | $65,600 | $0 | $65,600 |
| 2019 | $833 | $46,300 | $0 | $46,300 |
| 2018 | $756 | $40,000 | $0 | $40,000 |
| 2017 | $753 | $39,200 | $0 | $39,200 |
| 2016 | $808 | $39,200 | $0 | $39,200 |
| 2015 | $787 | $39,200 | $0 | $39,200 |
| 2014 | $766 | $39,200 | $0 | $39,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Tse
Seller's Agent in 2024
Jean Tse
Keller Williams Boston MetroWest
(617) 633-3034
2 in this area
90 Total Sales
-
A
Buyer's Agent in 2024
Antoinette Falzone
Cali Realty Group, Inc.
(508) 735-1898
-
La Toya Douglas
L
Seller's Agent in 2020
La Toya Douglas
Coldwell Banker Realty - Marblehead
1 in this area
7 Total Sales
-
Dorry Stone
Seller's Agent in 2018
Dorry Stone
ERA Key Realty Services - Worcester
(508) 873-4013
49 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73255032
APN: WORC-000003-000013-000508M
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.
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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