NOT LISTED FOR SALE

56 Elm St Unit 1 Worcester, MA 01609

Institution Park Neighborhood

Estimated Value: $189,000 - $242,000

1 Bed
1 Bath
727 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $190,000 $261 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,400/month

About This Home

As of March 2023

Welcome home to the Regency Condominiums. Located between Elm Park and Downtown Worcester, with close proximity to WPI, MCPHS, St Vincent Hospital & entertainment venues like DCU Center, Mechanics Hall, Hanover Theatre & much more. One bedroom and one full bathroom with an open welcoming livingroom, hardwood floors. Gas stove, refrigerator,. Coinless Laundry space & Large private storage closet in the basement for your extras. Rent includes heat & hot water, snow removal, trash removal and landscaping. First, last & security need it to move in, there is a $38 non-refundable rental application fee. Landord approves all tenants. Income & good references required. Tenant must adhere to condo's rules & regulations.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Mar 13, 2023
Sold by
Spaulding Christina
Bought by
Mcdonough Matthew and Mcdonough Rebecca
Seller's Agent
Hejoma Garcia
RE/MAX Diverse
Buyer's Agent
Diana Awuah
Century 21 XSELL REALTY
Sold Price
$1,650
Views
60
Current Estimated Value
$215,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,070
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Apr 14, 2005
Sold by
Dowling Jonathan
Bought by
Spaulding Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Ponte Rt and Parker Larri Tonelli
Bought by
Dowling Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1992
Sold by
Dime Sb Of Ny
Bought by
Ponte Rt

Purchase Details

Closed on
Aug 9, 1991
Sold by
Smolokoff Jack I
Bought by
Garden Management Co

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mcdonough Matthew $190,000 None Available
Spaulding Christina $126,000 --
Dowling Jonathan $85,700 --
Ponte Rt $18,000 --
Garden Management Co $32,596 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spaulding Christina $100,800
Previous Owner Garden Management Co $68,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $1,650 0.0% --
04/24/2023 04/24/23 Under Contract -- -- --
04/01/2023 04/01/23 For Rent $1,650 0.0% --
03/16/2023 03/16/23 Sold $190,000 +8.6% $261 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $174,900 0.0% $241 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $174,900 -- $241 / Sq Ft

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 $2,378 $180,300 $0 $180,300
2024 $1,969 $143,200 $0 $143,200
2023 $2,051 $143,000 $0 $143,000
2022 $1,735 $114,100 $0 $114,100
2021 $1,755 $107,800 $0 $107,800
2020 $1,513 $89,000 $0 $89,000
2019 $1,310 $72,800 $0 $72,800
2018 $1,454 $76,900 $0 $76,900
2017 $1,380 $71,800 $0 $71,800
2016 $1,282 $62,200 $0 $62,200
2015 $1,248 $62,200 $0 $62,200
2014 $942 $48,200 $0 $48,200
Source: Public Records

Agents Affiliated with this Home

  • Hejoma Garcia

    Seller's Agent in 2023

    Hejoma Garcia

    RE/MAX

    (774) 242-8832

    126 Total Sales

    Hejoma Garcia
    Section Image

  • B

    Seller's Agent in 2023

    Biodun Akande

    Biodun Akande Realty LLC

    (508) 982-3687

    2 in this area

    42 Total Sales

    Biodun Akande
    Section Image
  • Diana Awuah

    Buyer's Agent in 2023

    Diana Awuah

    Century 21 XSELL REALTY

    (774) 242-6163

    27 Total Sales

    Diana Awuah
    Section Image
  • Benjamin Lincoln

    Buyer's Agent in 2023

    Benjamin Lincoln

    Compass

    (617) 206-3333

    1 in this area

    141 Total Sales

    Benjamin Lincoln
    Section Image
See All Agents

Map

Massachusetts Worcester County Worcester 01609 Institution Park

56 Elm St Unit 1, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 56 Elm St Unit 1, Worcester, MA 01609 and is currently estimated at $215,720, approximately $296 per square foot. 56 Elm St Unit 1 is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Elm Park Elementary 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.