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    15 Ararat St Worcester, MA 01606-3317
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    Property profile & analytics

    15 Ararat St, Worcester, MA 01606-3317

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    • Office buildings
    • 10,484 SF
    • 0.85 lot acres
    Off-Market
    Last Sale Aug 23, 2022
    $1,100,000
    Property ID
    US38-1780378
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,065,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Greendale Dance Academy / Training Center
    • ABC Child Care Bilingual Program Inc / Training Center / Tutoring Service
    • Mirick & Daniels Inc / Law Firm

    Property Details for 15 Ararat St

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.85 lot acres
    Zone code
    RL-7
    Property type
    Office buildings
    APN
    WORC M:37 B:005 L:0001B
    APU
    WORCM37B005L0001B

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 23, 2022 $1,100,000 Pathway Properties LLC Bodorgan Corp Quit Claim Arm's Length For Ne States $550k · Webster Five Cents Savings Bank
    Aug 23, 2022 — Pathway Properties LLC — Deed · related $455k · Worcester Business Development Corp
    Dec 19, 2007 — Bodorgan Corp — Deed Of Trust · related $925k · Savers Coop Bank
    Jul 17, 2001 — Bodorgan Corp — Deed Of Trust · related $325k · Savers Coop Bank
    Oct 31, 1989 $430,000 Bodorgan Corp Ararat RT Grant Deed $360k · Mechanics Bank
    Feb 26, 1988 — Ararat Rlty Tr — Deed Of Trust · related $305k · Mechanics Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $900,000
      ML approach
      $925,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,316,000
      Market price range: $858k - $1.96M
      AI Estimate
      $1,051,000
      Market price range: $418k - $1.57M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,305,000
      Current use
      RETAIL STORES
      $1,530,000
      Change: +17% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,325,000
      Change: +1% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,260,000
      Change: -4% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,155,000
      Change: -12% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,050,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8035
    Latitude
    42.3124
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $33,723
    $509,800
    $612,800
    $1,122,600
    -
    $0.00
    $0.00
    $0.00
    More about this property
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