28 Institute St
Fitchburg, MA 01420
5 bd 2 ba 1,917 sqft Built 1880 Lot 5,947 sqft multi_family
Most recent sale
$345,000
Mar 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2024 | Listing removed | $489,900 | MLSPIN |
| Jun 25, 2024 | Listing removed | $489,900 | MLSPIN |
| May 30, 2024 | Listed | $489,900 | MLSPIN |
| Mar 9, 2022 | Sold | $345,000 | MLS #72933213 |
| Jan 12, 2022 | Listed | $309,900 | MLS #72933213 |
| May 26, 2021 | Listed for rent | $1,450 | AppfolioUnits |
| Jun 2, 2017 | Sold | $123,500 | MLS #72062592 |
| Sep 6, 2016 | Listed | $139,900 | MLS #72062592 |
| Jul 21, 2015 | Listing removed | $130,000 | MLSPIN |
| Apr 10, 2015 | Price changed | $130,000 | MLS #71803936 |
| Mar 20, 2015 | Listed | $135,000 | MLS #71803936 |
| Dec 19, 2012 | Listing removed | $135,000 | MLSPIN |
| Feb 16, 2012 | Listed | $135,000 | MLS #71339313 |
| Jan 28, 2008 | Listing removed | $214,900 | MLSPIN |
| Jul 27, 2007 | Listed | $214,900 | MLS #70622208 |
| Jun 4, 2002 | Sold | $128,000 | Public Record |
| Dec 30, 1997 | Sold | $71,000 | Public Record |
| Jun 21, 1984 | Sold | $38,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $317,900 | $97,400 | $415,300 | $5,611 |
| 2024 | $247,200 | $60,000 | $307,200 | $4,550 |
| 2022 | $220,900 | $51,600 | $272,500 | $3,811 |
| 2021 | $155,000 | $31,200 | $186,200 | $3,543 |
| 2020 | $140,400 | $28,800 | $169,200 | $3,335 |
| 2018 | $103,300 | $38,400 | $141,700 | $2,977 |
| 2017 | $90,900 | $38,400 | $129,300 | $2,779 |
| 2016 | $89,400 | $34,800 | $124,200 | $2,637 |
| 2015 | $88,700 | $30,000 | $118,700 | $2,455 |
| 2014 | $88,700 | $30,000 | $118,700 | $2,354 |
| 2006 | $131,400 | $49,900 | $181,300 | $2,186 |
| 2005 | $112,500 | $37,700 | $150,200 | $1,930 |
| 2004 | $102,000 | $30,700 | $132,700 | $1,834 |
| 2003 | $81,300 | $24,600 | $105,900 | $1,668 |
Property facts
Year built
1880
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
1,917 sqft
Lot size
5,947 sqft
ZIP code
01420
City
Fitchburg
Street
Institute St
Coordinates
42.57421, -71.84140
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,070
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 28 Institute St last sell?
28 Institute St most recently sold on Mar 9, 2022 for $345,000.
What is the current tax assessment for 28 Institute St?
The most recent total assessment for 28 Institute St (year 2025) is $415,300 with $5,611 in property tax.
How does 28 Institute St's assessment compare to its last sale price?
The current assessment is 20.4% above the last sale price of $345,000.
When was 28 Institute St built?
28 Institute St was built in 1880.
How does 28 Institute St compare to others on Institute St?
We track 3 other properties on Institute St. Browse the list under "Other properties on Institute St" to compare beds, baths, and sale history.
What are the property facts for 28 Institute St?
28 Institute St is a 5 bed, 2 bath, 1,917 sqft, 5,947 sqft lot multi_family.
Is 28 Institute St a flip candidate?
No — 28 Institute St does not appear in our flips dataset.
Is 28 Institute St a tax-appeal candidate?
Yes — 28 Institute St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$507.9K
2026 Q4
$518K
ZIP 01420 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Institute St