407 Main Street

407 Main Street has been categorized by the local assessors in Worcester, MA as a type of property. The building on the property was first built in 1890 and is 136 years old. The building has a total of 300 stories. In addition, 407 Main Street has 4,784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,487 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . In terms of heating, it is utilizing . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 407 Main Street was last sold in Jan 1, 1970 for $210,100. According to our calculations, that's $43.92 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Jan 1, 1970. Current property owners are expected to pay $1,430,500 in taxes per year. The property on 407 Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $457,600. While improvements to the property were assessed at a total of $457,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.