16 Terrace Drive, Worcester, MA, 01609 | $635,000

Nestled on a generous . 73-acre lot in a sought-after Salisbury St neighborhood, this sprawling mid-century ranch offers over 3, 100 sqft of refined living space. With 3 bedrooms and 2. 5 baths, the home is anchored by an extraordinary primary suite spanning 800 sqft, featuring cathedral ceilings, designer built-ins, a custom bath, and two oversized sliders with views of the private backyard. The modern kitchen boasts stainless steel appliances, quartz countertops, and a cozy eat-in area. The step-down living room with a fireplace flows seamlessly into the formal dining room, creating an ideal space for entertaining. The property combines classic mid-century charm with thoughtful updates for modern living. The horseshoe driveway offers ample parking and leads to a 2-car garage. Conveniently located near the Worcester Art Museum, Institute Park, shopping, dining, and more! Any and all offers due by 7: 00 pm on Sunday 11/17

Features

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
  • Style: Ranch
  • Year Built: 1951
  • Garage: 2-car Attached
  • Approx Sq. Feet: 3,108
  • Acreage: 0.74
  • Est. Taxes: $7,890
  • Lot Desc: Cleared
  • Appliances: Water Heater, Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
  • MLS#: 73311805
  • Website: https://www.raveis.com
    /eprop/73311805/16terracedrive_worcester_ma?source=qrflyer
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.
Listing by The Balestracci Group courtesy of Lamacchia Realty, Inc   Phone: 508-832-5324

Room Information

Type DescriptionLevel
Bedroom 2 Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed LightingFirst
Bedroom 3 Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed LightingFirst
Dining Room Open Floorplan, Recessed LightingFirst
Kitchen Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Slider, Stainless Steel Appliances, PeninsulaFirst
Living Room Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting, SunkenFirst
Master Bedroom Bathroom - Full, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, SliderFirst

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16 Terrace Drive, Worcester, MA, 01609

$635,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $508,000 $508,000 $508,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $658 $658 $658
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,380 $3,376 $4,284
Total Monthly Payment $4,130 $4,126 $5,034

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.