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3 Wallace St, Worcester, MA, 01605

3beds
1baths
1,608sqft
$399,900
$249price/sqft
$2,965/moest. monthly cost
$118,600/yrincome needed

About This Home

Charming 1909 colonial with character to spare. Gleaming hardwoods run throughout, rooms are bright and generously sized, and the fenced yard gives you the outdoor space you have been looking for. Updated electrical panel and insulation. Upstairs you will find three bedrooms plus a bonus room currently used as a walk-in dressing room, loaded with built-in cabinetry and closet space that any buyer will appreciate. Tucked on a private road in sought-after Burncoat, minutes to Polar Park, restaurants, shopping, theater, UMass Medical, and highway 290. Bring your vision and make it your own.

Getting Around

59
WalkingSomewhat Walkable
38
TransitSome Transit
21
BikeSomewhat Bikeable

Schools

2/10
Wawecus Road SchoolGrades K-60.3 mi
4/10
Burncoat Middle SchoolGrades 7-80.6 mi
2/10

Construction

Condition

  • Year built: 1909

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Refrigerator,Washer,Dryer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bathroom1

  • Level: Second
  • Area: 77.222222222

Bedroom2

  • Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Level: Second
  • Area: 142.5

Bedroom3

  • Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Level: Second
  • Area: 104.506944444

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Level: Main,First
  • Area: 126.118055555

Features

  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: Hardwood
  • Finished area above ground: 1,608

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,608
  • Total interior livable area: 1,608 sqft

Kitchen

  • Features: Ceiling Fan(s), Window(s) - Bay/Bow/Box, Pantry, Exterior Access
  • Level: Main,First
  • Area: 175

Living Room

  • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors
  • Level: Main,First
  • Area: 150.944444444

Master Bedroom

  • Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Level: Second
  • Area: 141.444444444

Property

Details

  • Parcel number: M:09 B:040 L:00007,1771555
  • Zoning: RS-7
  • Exclusions: Security Camera Are Excluded From The Sale.

Features

  • Patio & porch: Porch,Patio
  • Exterior features: Porch,Patio,Fenced Yard
  • Fencing: Fenced

Lot

  • Lot size: 3,719 sqft

Parking

  • Total spaces: 2
  • Parking features: Paved Drive,Off Street,Tandem
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$155$1,860
Property Taxes $434$5,208
Electricity $354$4,259
Total$2,965$35,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,657/yr
40% on housing$88,950/yr
45% on housing$79,066/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 01605$227
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01605$281
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Listed for sale$399,900
2023-10-10Sold$340,000
2023-08-17Contingent$365,000
2023-08-10Price change$365,000
2023-07-26Listed for sale$380,000
2010-02-19Sold$189,900
2007-12-07Listing removed$239,900
2007-11-12Listed for sale$239,900
2000-12-04Sold$103,000

For Sale by Agent

AgentThe Best Buy Team
BrokerageMedia Realty Group Inc.

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