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5 Grove Meadow Lane

5 Grove Meadow Lane, Shrewsbury, MA 01545
Property in Shrewsbury
Sold Aug 28, 2020
$630,000
$504,000 by Draper And Kramer Mortgage Cor
Mortgage Due Aug 28, 2050
Local assessors in Shrewsbury, MA have categorized 5 Grove Meadow Lane as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 12,564 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Grove Meadow Lane has a total of 2,359 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Grove Meadow Lane sold most recently in Aug 24, 2020 for a total of $630,000. If you work out the math, that's approximately a cost of $267.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,679 in taxes each year. 5 Grove Meadow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $661,500. If we break it down further, the land itself was valued at $262,000. Improvements to the property, however, were assessed at a total of $399,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Outdoor Space

Garden

Parking

Attached Garage
Off Street Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,028
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,564
  • Total Building Area: 2,359
  • Gross Building Area: 7,388
  • Building Area: 2,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,359
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGAR R MUNTZ JR
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SINGH SANJIV K
  • Current Owner 2: KUMARI FNU S
  • Previous Owner : 5 GROVE MEADOW LANE RT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739101

Zoning

  • Zoning: RES B-

Geography

  • Account Number: 13424
  • Parcel: SHRE M:46 B:077006
  • Block: 77006
  • Municipality: SHREWSBURY
  • Latitude: 42.2564
  • Longitude: -71.7309

    Address

  • Full Address: 5 Grove Meadow Rd
  • Address - House Number: 5
  • Address - Street Name: Grove Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: C022
  • 4-Digit Zip Code: 3503
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,679

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 818,228
  • High Value: 947,807
  • Low Value: 688,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 28, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,500
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $399,500

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11785110028
  • Current Sale Price: $630,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 98202

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Worcester



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Frequently Asked Questions

What neighborhood is 5 Grove Meadow Lane located in?
The 5 Grove Meadow Lane is a located in the neighborhood of Shrewsbury in Worcester, Shrewsbury.
What is the average sales price for listings in 5 Grove Meadow Lane?
The average sales price for units in 5 Grove Meadow Lane is $0 currently.

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