502 Lake Ave Worcester, MA 01604
Grafton Hill NeighborhoodEstimated Value: $358,000 - $387,296
3
Beds
2
Baths
1,260
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 502 Lake Ave, Worcester, MA 01604 and is currently estimated at $371,824, approximately $295 per square foot. 502 Lake Ave is a home located in Worcester County with nearby schools including Roosevelt Elementary School, Jacob Hiatt Magnet School, and Chandler Magnet.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2003
Sold by
Pike Joanne R and Pike Richard J
Bought by
Sumner Stephen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Outstanding Balance
$75,990
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,675
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sumner Stephen | $199,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Sumner Stephen | $159,920 | |
Closed | Sumner Stephen | $29,985 | |
Previous Owner | Pike Richard J | $50,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $3,717 | $281,800 | $96,700 | $185,100 |
2024 | $3,587 | $260,900 | $96,700 | $164,200 |
2023 | $3,437 | $239,700 | $84,100 | $155,600 |
2022 | $3,159 | $207,700 | $67,300 | $140,400 |
2021 | $2,994 | $183,900 | $53,800 | $130,100 |
2020 | $2,938 | $172,800 | $53,800 | $119,000 |
2019 | $2,826 | $157,000 | $48,400 | $108,600 |
2018 | $2,833 | $149,800 | $48,400 | $101,400 |
2017 | $2,723 | $141,700 | $48,400 | $93,300 |
2016 | $2,683 | $130,200 | $36,000 | $94,200 |
2015 | $2,613 | $130,200 | $36,000 | $94,200 |
2014 | $2,544 | $130,200 | $36,000 | $94,200 |
Source: Public Records
Map
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