NOT LISTED FOR SALE

511 Lake Ave Unit 1 Worcester, MA 01604

Grafton Hill Neighborhood

Estimated Value: $391,000 - $408,000

2 Beds
1 Bath
1,225 Sq Ft
$327/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of February 2022

Beautiful cape for rent on Lake ave. Nice private back yard and garage space. Gorgeous interior with gleaming hardwoods. Large kitchen with island. Separate dining area. Living room has a fireplace. Large basement for storage. Mud room. Close to Umass medical and shopping. Close to lake park with all the amenities. Easy commuter location. Very nice condition. Call for a showing today.

Last Agent to Rent the Property

Cray Cullen

Real Broker MA, LLC Listed on: 12/09/2021

Real Broker MA, LLC

Last Renter's Agent

Cray Cullen

Real Broker MA, LLC Listed on: 12/09/2021

Real Broker MA, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • 1940

Lot Details

  • 7,492

Parking

  • 1

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet

Listing and Financial Details

  • Security Deposit $2,100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

1940

Lot Details

0

Parking

1

Rental Info

  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: No
  • SEC DEPOSIT: 2100
  • Available Date: 2022-02-01
  • Lease Term: Lease Terms(1 Year),Term of Rental(12)

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • CoOp Comp: 500
  • Directions: Route 9 to Lake ave.
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • MAIN LO: AN0278
  • LIST PRICE PER Sq Ft: 1.71
  • PRICE PER Sq Ft: 1.71
  • MAIN SO: AN0278
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1

Exterior Features

  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Steam
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, In Building

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • Association: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, University
  • Pets Allowed: No
  • HOA Rent Includes: Water

Lot Info

  • LOT SIZE: 7512
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Martin Michael J
Bought by
Majidi Rabeeh
Current Estimated Value
$400,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,625
Outstanding Balance
$175,727
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$224,225

Purchase Details

Closed on
May 30, 2019
Sold by
Martin Michael J and Bowditch Julie L
Bought by
Martin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Gazzerro Micheal and Gazzerro Deanna
Bought by
Martin Michael J and Bowditch Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2012
Sold by
Nonnan Ruth E and Nonnan Thomas
Bought by
Gazzerro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Majidi Rabeeh $263,500 --
Martin Michael J -- --
Martin Michael J $185,000 --
Gazzerro Michael $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majidi Rabeeh $197,625
Previous Owner Martin Michael J $25,000
Previous Owner Martin Michael J $148,000
Previous Owner Gazzerro Michael $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Rented -- -- --
01/03/2022 01/03/22 Under Contract -- -- --
12/09/2021 12/09/21 For Rent $2,100 +23.5% --
02/01/2020 02/01/20 Rented $1,700 0.0% --
01/04/2020 01/04/20 Under Contract -- -- --
12/14/2019 12/14/19 For Rent $1,700 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,673 $354,300 $117,700 $236,600
2024 $4,588 $333,700 $117,700 $216,000
2023 $4,392 $306,300 $102,400 $203,900
2022 $4,015 $264,000 $81,900 $182,100
2021 $3,810 $234,000 $65,500 $168,500
2020 $3,718 $218,700 $65,500 $153,200
2019 $3,535 $196,400 $58,900 $137,500
2018 $3,549 $187,700 $58,900 $128,800
2017 $3,404 $177,100 $58,900 $118,200
2016 $3,320 $161,100 $42,900 $118,200
2015 $2,976 $148,300 $42,900 $105,400
2014 -- $148,300 $42,900 $105,400
Source: Public Records

Agents Affiliated with this Home

  • Cray Cullen

    Landlord's Agent in 2022

    Cray Cullen

    Real Broker MA, LLC

    (508) 864-3246

    18 Total Sales

    Cray Cullen
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72926684

MLS Property Information Network (MLS PIN)

APN: WORC-000041-000011-000013

Massachusetts Worcester County Worcester 01604 Grafton Hill

511 Lake Ave Unit 1, Worcester, MA

This home is located at 511 Lake Ave Unit 1, Worcester, MA 01604 since 09 December 2021 and is currently priced at $400,514. This property was built in 1940. 511 Lake Ave Unit 1 is a home located in Worcester County with nearby schools including Roosevelt Elementary School, Jacob Hiatt Magnet School, and Chandler Magnet.

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