NOT LISTED FOR SALE

55 Gates Ln Worcester, MA 01603

Webster Square Neighborhood

Estimated Value: $438,000 - $503,000

3 Beds
2 Baths
1,632 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $255,000 $156 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,974/month

41 Days on Market

About This Home

As of June 2013

Stunning hardwood floors throughout main level of this up to date colonial, set on a nice corner lot with nice retaining walls, fence & garden area. Granite countertops in kitchen, recessed lighting throughout 1st floor, master bedroom has nice dark bamboo flooring that even goes into the walk-in closet...2 beautiful full baths....Family room and extra room in basement for more living area! Natural gas for heating & cooking. Large deck that wraps around the house. 2 tandem car garage...& more!

Last Agent to Sell the Property

Maria Reed

RE/MAX Vision Listed on: 04/09/2013

RE/MAX Vision

Last Buyer's Agent

Klaudia Dang

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,558

Year Built

1998

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Gentle Slope
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, House of Worship, Public School
  • Flooring: Tile, Wall to Wall Carpet, Bamboo, Hardwood
  • Interior Amenities: Security System, Cable Available
  • Basement: Full, Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 10X10
  • Bedroom 3: Second Floor, 9X10
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 11X12
  • Laundry Room: Basement
  • Living Room: First Floor, 11X24
  • Master Bedroom: Second Floor, 15X16
  • Master Bedroom Description: Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 12X13
  • Family Room: Basement, 14X21

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Deck - Wood, Gutters, Storage Shed, Garden Area, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached, Carport, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 24, 2013
Sold by
Hua Hung C
Bought by
Hua Hung C and Tang Mai T
Seller's Agent
Maria Reed
RE/MAX Vision
Buyer's Agent
Klaudia Dang
Keller Williams Pinnacle Central
List Price
$289,900
Sold Price
$255,000
Premium/Discount to List
-$34,900
-12.04%
Current Estimated Value
$471,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,689
Avg. Annual Appreciation
5.12%
Original Mortgage
$204,000
Outstanding Balance
$144,466
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$327,223

Purchase Details

Closed on
Jul 6, 1998
Sold by
Mitchell Inc
Bought by
Reyes Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,650
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Gates Line Rt and Kargman William M
Bought by
Mitchell Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
Hua Hung C -- --
Reyes Evelyn $124,900 --
Mitchell Inc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hua Hung C $204,000
Previous Owner Mitchell Inc $118,650
Previous Owner Mitchell Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $255,000 -1.9% $156 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/25/2013 04/25/13 Price Changed $259,900 -10.3% $159 / Sq Ft
04/09/2013 04/09/13 For Sale $289,900 -- $178 / Sq Ft
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 $5,558 $421,400 $98,400 $323,000
2024 $5,427 $394,700 $98,400 $296,300
2023 $5,281 $368,300 $85,600 $282,700
2022 $4,905 $322,500 $68,500 $254,000
2021 $4,840 $297,300 $54,800 $242,500
2020 $4,668 $274,600 $54,400 $220,200
2019 $4,478 $248,800 $47,600 $201,200
2018 $4,440 $234,800 $47,600 $187,200
2017 $4,257 $221,500 $47,600 $173,900
2016 $4,272 $207,300 $33,900 $173,400
2015 $4,161 $207,300 $33,900 $173,400
2014 $4,051 $207,300 $33,900 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Maria Reed

    Seller's Agent in 2013

    Maria Reed

    Re/Max Vision

    (508) 873-9254

    24 Total Sales

    Maria Reed
    Section Image
  • Klaudia Dang

    Buyer's Agent in 2013

    Klaudia Dang

    Keller Williams Pinnacle Central

    (508) 365-5216

    5 in this area

    45 Total Sales

    Klaudia Dang
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71505843

MLS Property Information Network (MLS PIN)

APN: WORC-000042-000038-000001

Massachusetts Worcester County Worcester 01603 Webster Square

55 Gates Ln, Worcester, MA

This home is located at 55 Gates Ln, Worcester, MA 01603 since 09 April 2013 and is currently estimated at $471,689, approximately $289 per square foot. This property was built in 1998. 55 Gates Ln is a home located in Worcester County with nearby schools including Gates Lane, Jacob Hiatt Magnet School, and Chandler Magnet.

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