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$425,000

132 Institute Rd Worcester, MA 01602

3 beds
2 full
1,702 sqft
0.1 acres
$250 / sqft
House

Property details

About 132 Institute Rd

Opportunity awaits in this classic home in the sought-after WPI district! This solid 3-bedroom home offers the perfect blend of character, space, and location—just waiting for a new owner with vision. The welcoming front porch opens into a spacious layout with generously sized living and dining rooms (dining room currently used as a bedroom). The kitchen features some newer cabinets, flooring, young appliances, plus original pantry for extra storage. 1st floor bath has been updated with walk-in shower & laundry - washer and dryer stay. Sunroom offers great potential to be a favorite spot in the home & opens to a private backyard and patio. Important updates - roof and oil tank (2024), water heater (approx. 2 yrs), replacement windows, and boiler (under 10 yrs). With some fresh paint and finishing touches, this home could truly shine. Close to Elm Park, Worcester Art Museum, restaurants, schools, and more. Easy highway access in a vibrant, convenient, location!

Highlights

Home typeSingle Family Residence
HeatingSteam, Oil
StatusActive
Size1,702 sqft
BasementYes
Lot size0.15 Acres
Year built1912
ParkingDetached, Paved Drive, Shared Driveway, Off Street, Paved
MLS #73391023
Garage1 space

Summary

  • Full Bathrooms: 2
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
  • Interior: Bathroom - Full, Bathroom - With Shower Stall, Lighting - Overhead, Bathroom - With Tub, Closet - Linen, Ceiling Fan(s), Bathroom, Sun Room, Walk-up Attic
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Paved Drive, Shared Driveway, Off Street, Paved
  • Exterior: Porch, Porch - Enclosed, Patio, Rain Gutters
  • Architectural Style: Cottage, Bungalow
  • Heating: Steam, Oil
  • Cooling: None
  • List Price: $425,000
  • Price/SqFt: $249
  • Annual Tax Amount: $4,734
  • Tax Year: 2024
  • Lot: Easement, Gentle Sloping, Level
  • Directions: Park Ave to Institute Rd
  • Year Built: 1912
  • Living Area: 1,702 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 73391023
  • MLS Name: MLS Property Information Network
  • Office Name: ERA Key Realty Services
  • Office Phone: (508) 234-0550
  • Listing Agent: Susan Dicks

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 7:45:44 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 06, 2007
Home Sold
$160,000

Tax history

YearAssessmentProperty Tax
2024$344,300$4,734
2023$317,600$4,554
2022$274,200$4,171
2021$252,500$4,111
2020$236,500$4,021
2019$211,200$3,802

History based on county public records data.

Nearby schools

3

Elm Park Community

Public District KG-6

0.5 mi

23 N Ashland St

5

Midland Street

Public District KG-6

0.7 mi

18 Midland St

4

Francis J Mcgrath Elementary School

Public District KG-6

0.8 mi

493 Grove St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $87,500. Most Worcester, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

23%
<35k
34%
35k-100k
27%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 132 Institute Rd

The listing price of 132 Institute Rd property is $425,000.

The property 132 Institute Rd is a house located in Worcester, Massachusetts, 01602.

Active Listing: 132 Institute Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 132 Institute Rd are: Elm Park Community (GreatSchools Rating 3/10), Midland Street (GreatSchools Rating 5/10), Francis J Mcgrath Elementary School (GreatSchools Rating 4/10), Forest Grove Middle School (GreatSchools Rating 3/10), Learning First Charter Public School (GreatSchools Rating 3/10), Burncoat Middle School (GreatSchools Rating 3/10), Doherty Memorial High School (GreatSchools Rating 3/10), Ma Academy for Math and Science School (GreatSchools Rating 10/10), Claremont Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $4,734 (source: MLS/based on county public records data).

The last sale was on February 6, 2007 for $160,000 (source: MLS/tax record).

The property at 132 Institute Rd has 3 bedrooms and 2 bathrooms.

The property 132 Institute Rd is 1,702 SqFt (source: MLS/tax record).

The year of construction for 132 Institute Rd is 1912.

This home is located at 132 Institute Rd in Worcester, MA and zip code 01602 in the West Worcester neighborhood. This 1,702 square foot home, which was built in 1912, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 14, 2025 and is currently priced at $425,000.

In June 2025, from all listings sold in Worcester, MA there were more than 66 sold above asking price, over 29 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Worcester, MA between May and June 2025 increased by 5.1%. The median list price of listings available in June 2025 was $455,000, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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