261 Park Ave Worcester, MA 01609-1919
Property profile & analytics
261 Park Ave, Worcester, MA 01609-1919
- Retail space
- 2,724 SF
- 0.09 lot acres
Property ID
US38-0584486
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.
Location Intelligence
Current Use by Public Records
- Artworks Gallery / (Bike/Boat/Book/etc) Store
- River & Stone Yoga / Gym & Fitness Center
- MÃa Cane Juicery and Açaà Bar / Specialty Food Shop / (Bike/Boat/Book/etc) Store
Property Details for 261 Park Ave
- Year built
- 1956
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Zone code
- BG-3
- Property type
- Retail space
- APN
- WORC M:06 B:001 L:00031
- APU
- WORCM06B001L00031
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 23, 2021 | $533,000 | 261 Park Ave LLC | Jewel On Park LLC | Quit Claim Arm's Length For Ne States | $975k · Cornerstone Bank |
| Sep 23, 2003 | $310,000 | Jewel On Park LLC | A & C RT | Grant Deed | $310k · Commonwealth National Bank |
| Dec 3, 2001 | — | Realty Rosenblum | — | Deed Of Trust · related | $131k · Commonwealth National Bank |
| Oct 1, 1993 | — | A | — | Deed Of Trust · related | $189k · Flagship Bank & Trust |
| Jul 1, 1993 | $120,833 | A RT | Bragdon,dolores | Grant Deed | — |
| Jul 1, 1993 | $24,166 | A RT | Bath,russell F JR | Grant Deed | $165k · Flagship Bank & Trust |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $660,000
- ML approach
- $595,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $625,000
- 6.5%
- $575,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $488,000
Market price range: $219k - $626k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $400,000 Current use
- AUTO REPAIR, GARAGE
- $465,000 Change: +17% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $345,000 Change: -14% Conversion: Moderate
- OFFICE BUILDING
- $340,000 Change: -15% Conversion: Easy
- COMMERCIAL (GENERAL)
- $330,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.819
- Latitude
- 42.2642
- 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
$9,565
$107,100
$211,300
$318,400
-
$0.00
$0.00
$0.00