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190 Institute Rd

Worcester, MA 01602

8 bd 4 ba 4,566 sqft Built 1925 Lot 144,619 sqft multi_family
Most recent sale
$999,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $999,000 MLS #72986219
May 23, 2022 Listed $1,100,000 MLS #72986219
Jul 28, 1998 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $725,800 $244,000 $969,800 $12,792
2024 $636,900 $244,000 $880,900 $12,112
2023 $633,600 $71,700 $705,300 $10,114
2022 $526,800 $59,800 $586,600 $8,922
2021 $482,400 $50,300 $532,700 $8,672
2020 $317,900 $47,500 $365,400 $6,212
2019 $304,600 $51,500 $356,100 $6,410
2018 $268,400 $51,500 $319,900 $6,049
2017 $243,800 $51,500 $295,300 $5,676
2016 $219,100 $63,100 $282,200 $5,816
2015 $219,100 $63,100 $282,200 $5,664
2013 $199,500 $62,500 $262,000 $4,868
2006 $372,600 $207,300 $579,900 $7,266
2005 $380,700 $192,400 $573,100 $7,553
2004 $266,300 $127,000 $393,300 $5,801
2003 $197,500 $119,000 $316,500 $5,115

Property facts

Year built
1925
Property type
multi_family
Stories
4
Beds
8
Baths
4
Living area
4,566 sqft
Lot size
144,619 sqft
ZIP code
01602
City
Worcester
Street
Institute Rd
Coordinates
42.27380, -71.81996

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,994
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 190 Institute Rd last sell?
190 Institute Rd most recently sold on Sep 16, 2022 for $999,000.
What is the current tax assessment for 190 Institute Rd?
The most recent total assessment for 190 Institute Rd (year 2025) is $969,800 with $12,792 in property tax.
How does 190 Institute Rd's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $999,000.
When was 190 Institute Rd built?
190 Institute Rd was built in 1925.
How does 190 Institute Rd compare to others on Institute Rd?
We track 5 other properties on Institute Rd. Browse the list under "Other properties on Institute Rd" to compare beds, baths, and sale history.
What are the property facts for 190 Institute Rd?
190 Institute Rd is a 8 bed, 4 bath, 4,566 sqft, 144,619 sqft lot multi_family.
Is 190 Institute Rd a flip candidate?
No — 190 Institute Rd does not appear in our flips dataset.
Is 190 Institute Rd a tax-appeal candidate?
No — 190 Institute Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q2
$578.5K
2026 Q3
$591.1K
ZIP 01602 — Median Price History + Forecast

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