2 months on rocket

Backup Offers

36 Institute Rd, Worcester, MA, 01609

$999,900

Home List Price

$10,000*

Closing Credit

8 Bedrooms
3 Full Baths, 2 Partial
4,440 SqFt
$225/SqFt
Multi

Location

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36 Institute Rd, Worcester$999,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Paved
Garage2 spaces
Year Built1923
HeatingCentral, Steam, Oil
BasementYes
MLS #73285880
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Contingent)

About 36 Institute Rd

Exciting investment opportunity to own this large, side by side duplex, on the West side adjacent to WPI. Conveniently located within walking distance to Institute Park, Highland Street restaurants, Worcester Art Museum, as well as Park Avenue and Downtown. This older home with lots of character features high ceilings, hardwood floors, fireplaced living rooms, metal kitchen cabinets, built in cabinetry, and wood trim throughout. Each side has a walk-up staircase to a third floor that could be used as additional living space. Great for your family or as an investment.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 4,440 SqFt

Listing Office:

  • Office Name: Locations, Inc.
  • Office Phone: (617) 515-0331
  • Listing Agent: John Carney

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Basement: Yes
  • Flooring Type: Wood, Tile
  • Interior: Walk-Up Attic, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Paved

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Steam, Oil

Other

Directions Information:

  • Directions: Park Ave to Institute Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,900
  • Price Per SqFt: $225/SqFt

Tax Information:

  • Annual Amount: $7,473
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Worcester, MA.

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Worcester, MA

City

Med. Sold Price

$440K

Med. Price/SqFt

$256

Avg. Days On Market

28

# of Sold Homes

130

36 Institute Rd vs Worcester

72 DAYS ON ROCKET

+44 Days

$999,900

+$559.9K More

$225/SqFt

-$32 Less

KEY TAKEAWAY

This property is $559.9K more than the Median Sold Price and $32/SqFt less than other homes in Worcester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73285880

Listing Office:

  • Office Name: Locations, Inc.
  • Office Phone: (617) 515-0331
  • Listing Agent: John Carney

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2007Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,473$459,000
2020$6,962$409,500
2019$7,013$389,600
2018$6,834$361,400
2017$6,487$337,500

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-386684
3
/10

  • Elm Park Community

  • 23 N Ashland St

  • 0.28 miles

  • Public District Grades KG-6

school-card-donut-386685
5
/10

  • City View

  • 80 Prospect St

  • 0.85 miles

  • Public District Grades PK-6

school-card-donut-386686
6
/10

  • Belmont Street Community

  • 170 Belmont St

  • 0.88 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,125. Most Worcester, MA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Worcester County›Worcester›01609›36 Institute Rd

This home is located at 36 Institute Rd in Worcester, MA and zip code 01609 in the Elm Park neighborhood. This 4,440 square foot home, which was built in 1923, sits on a 0.20 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $999,900.

Worcester, MA housing market in October 2024 saw over 84 listings sold above listed price, more than 10 sold at listed price and over 36 sold below. The number of listings in Worcester, MA increased by 3.8% between September 2024 and October 2024. In October 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $440,000.

From Rocket Homes Real Estate and based on county public records data.

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