NOT LISTED FOR SALE

511 Lake Ave Unit 1 Worcester, MA 01604

Grafton Hill Neighborhood

Estimated Value: $383,000 - $418,000

2 Beds
1 Bath
1,225 Sq Ft
$326/Sq Ft Est. Value

About This Home

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.

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
$399,952

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
$228,389

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
Stand Alone Refi Refinance Of Original Loan

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 -- --

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

    Seller's Agent in 2022

    Cray Cullen

    Real Broker MA, LLC

    (508) 864-3246

    16 Total Sales

    Cray Cullen
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Map

Massachusetts Worcester County Worcester 01604 Grafton Hill

511 Lake Ave Unit 1, Worcester, MA

Homes for Sale in Worcester, MA

This home is located at 511 Lake Ave Unit 1, Worcester, MA 01604 and is currently estimated at $399,952, approximately $326 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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