Check Availability

261 Main Street

261 Main Street, Northborough, MA 01532
Property in Northborough
261 Main Street in Northborough, MA was first built in 1975 and is 49 years old. This has been categorized as a commercial property type. There are a total of 2 floors. There are 5 partial bathrooms. 261 Main Street has 5,419 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 58,048 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 261 Main Street sold most recently in Jan 1, 1970 for a total of $600,000. If you work out the math, that's approximately a cost of $144.44 per sqft. Before that, the property was also sold for $200,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,640 in taxes each year. The initial year of tax delinquency occurred in 2022. 261 Main Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $745,100. If we break it down further, the land itself was valued at $297,200. Improvements to the property, however, were assessed at a total of $447,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,866
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 58,048
  • Total Building Area: 4,154
  • Gross Building Area: 8,411
  • Building Area: 4,154
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,419
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.333
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : 261 LLC
  • Previous Owner : AR RT
  • Owner Before Previous Owner: SHAWMUT BANK NA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: BE

Geography

  • Parcel: NBOR M:0470 L:0002
  • Lot: 2
  • Municipality: NORTHBOROUGH
  • Latitude: 42.327
  • Longitude: -71.6241

    Address

  • Full Address: 261 Main St
  • Address - House Number: 261
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northborough
  • Carrier Code: C004
  • 4-Digit Zip Code: 3600
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,640
  • Intital Tax Deliquent Year: 2022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: MUTUALONE BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 04, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $745,100
  • Assessed Land Value: $297,200
  • Assessed Improvements Value: $447,900

    Sales

  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Transaction ID: 1639423184
  • Current Sale Price: $600,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 68214
  • Previous Sale Recording Date: Aug 30, 1994
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEBSTER FIRST FCU
  • First Mortgage Transaction Date: Jun 29, 2016
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FLEET NATL BK
  • Previous Mortgage Transaction Date: Aug 30, 1994
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Worcester



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 261 Main Street located in?
The 261 Main Street is a located in the neighborhood of Northborough in Worcester, Northborough.
What is the average sales price for listings in 261 Main Street?
The average sales price for units in 261 Main Street is $0 currently.

Quantcast