NOT LISTED FOR SALE

565 Lake St Shrewsbury, MA 01545

Estimated Value: $599,734 - $697,000

5 Beds
2 Baths
1,558 Sq Ft
$420/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $468,000 $300 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,444/month

12 Days on Market

About This Home

As of March 2021

Welcome to this beautifully maintained, oversized, cape style,5 bedroom home. Located just minutes from UMass, Trader Joes, Wholefoods, Sunset beach, and many local shops and gyms, including The Gymnastics Learning Center. This home features 2 bedrooms and a full size bathroom on the first floor along with a mud room, kitchen and living room. The kitchen has updated Granite countertops, garbage disposal, and a gas stove. Outside the kitchen is a lovely, large, solid wood, deck. One of the first floor bedrooms can be used as a home office. Upstairs you find 3 more bedrooms and another full sized bathroom. Another wonderful feature of this home is the built in bookshelves on the stairwell. You will love entertaining in the backyard area and there is a possibility to add a garage.

Last Agent to Sell the Property

Worcester Works Real Estate Team

Real Broker MA, LLC Listed on: 01/19/2021

Last Buyer's Agent

Hui Zou

StartPoint Realty

StartPoint Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1969

Lot Details

  • 0.31

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Home Details

Home Type

Single Family

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Architectural Style: Cape
  • Directions: Use GPS
  • Garage Yn: No
  • Efficiency: Thermostat
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer,ENERGY STAR Qualified Washer,Freezer - Upright,Range Hood,Rangetop - ENERGY STAR,Oven - ENERGY STAR, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Walk-Out Access, Concrete
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Second
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • MAIN LO: AN4402
  • MAIN SO: H95120
  • Accessibility Features: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Tile, Laminate, Hardwood
  • Interior Amenities: Mud Room

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Kitchen Has Newer Countertops, Master Bedroom Doesn't Have A Bathroom In It.
  • Patio And Porch Features: Porch, Deck - Wood
  • Waterfront Features: Beach Front, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Icemaker Connection
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, University, Other

Schools

  • Middle Or Junior School: Sherwood/Oak

Lot Info

  • LOT SIZE: 13504
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13503.6
  • Zoning: RB2

Tax Info

  • Tax Annual Amount: 3623
  • Tax Book Number: 48878
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 22, 2021
Sold by
Hylton Gregory A and Hylton Kimberly
Bought by
Yu Ivan C and Tseng Joyce
Seller's Agent
Worcester Works Real Estate Team
Real Broker MA, LLC
Buyer's Agent
Hui Zou
StartPoint Realty
List Price
$499,000
Sold Price
$468,000
Premium/Discount to List
-$31,000
-6.21%
Current Estimated Value
$653,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,684
Avg. Annual Appreciation
7.34%
Original Mortgage
$280,000
Outstanding Balance
$250,429
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$403,255

Purchase Details

Listed on
Aug 2, 2011
Closed on
Apr 26, 2012
Sold by
Lacey Kevin M and Lacey Christine M
Bought by
Hylton Gregory A
Seller's Agent
Sherri Rogers
Coldwell Banker Realty - Leominster
Buyer's Agent
Fran Fracassi
RE/MAX Best Choice
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$180,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1998
Sold by
Marold Elizabeth A
Bought by
Lacey Kevin M and Lacey Christine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Ivan C $468,000 None Available
Hylton Gregory A $225,000 --
Lacey Kevin M $154,000 --
Lacey Kevin M $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Ivan C $280,000
Closed Yu Ivan C $280,000
Previous Owner Hylton Gregory A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2021 03/22/21 Sold $468,000 +2.9% $300 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $455,000 -8.8% $292 / Sq Ft
01/19/2021 01/19/21 For Sale $499,000 +121.8% $320 / Sq Ft
04/26/2012 04/26/12 Sold $225,000 -4.3% $162 / Sq Ft View Prior Sale
03/14/2012 03/14/12 Pending -- -- --
01/14/2012 01/14/12 For Sale $235,000 0.0% $169 / Sq Ft
12/03/2011 12/03/11 Pending -- -- --
09/30/2011 09/30/11 Price Changed $235,000 -6.0% $169 / Sq Ft
09/10/2011 09/10/11 Price Changed $250,000 -7.4% $180 / Sq Ft
08/02/2011 08/02/11 For Sale $270,000 -- $194 / 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 $63 $527,000 $235,300 $291,700
2024 $5,804 $468,800 $224,100 $244,700
2023 $5,535 $421,900 $224,100 $197,800
2022 $5,374 $380,900 $183,100 $197,800
2021 $4,034 $305,800 $171,500 $134,300
2020 $3,623 $290,500 $171,500 $119,000
2019 $3,512 $279,400 $167,400 $112,000
2018 $3,562 $286,100 $161,000 $125,100
2017 $3,477 $271,000 $145,900 $125,100
2016 $3,306 $254,300 $129,200 $125,100
2015 $3,165 $239,800 $117,500 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72776179

MLS Property Information Network (MLS PIN)

APN: SHRE-000052-000000-120004