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58 Gates Lane

58 Gates Lane, Worcester, MA 01603
Property in Webster Square
Sold May 12, 2003
$164,900
$162,349 by American Mortgage Net
Mortgage Due May 12, 2033
58 Gates Lane in Worcester, MA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 58 Gates Lane has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,040 sqft and has been categorized as a full basement. In total, the area measurement of the land is 10,371 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage underground or in the basement. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system. The property was last sold in Jan 1, 1970 for $164,900. That's $158.56 per sqft. 58 Gates Lane was last assessed in 2023. The total value of the property was assessed at $280,200. Specifically, the land the property is located on was valued at $85,700. While improvements on the property were assessed at a total of $194,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,018. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,040
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,371
  • Total Building Area: 1,040
  • Gross Building Area: 2,428
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FORGET BARRY J
  • Previous Owner : DAVIDSON EDITH E
  • Previous Owner 2: DAVIDSON LEE DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 15-048-00002
  • Parcel: WORC M:15 B:048 L:00002
  • Block: 48
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.2459
  • Longitude: -71.8452

    Address

  • Full Address: 58 Gates Ln
  • Address - House Number: 58
  • Address - Street Name: Gates
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Worcester
  • Carrier Code: C018
  • 4-Digit Zip Code: 1809
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,018

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 350,276
  • High Value: 421,589
  • Low Value: 278,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,349
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE NET
  • First Open Lien Mortgage Recording Date: May 12, 2003
  • First Open Lien Mortgage Loan Amount: $162,349
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 12, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,200
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $194,500

    Sales

  • Current Sale Recording Date: May 12, 2003
  • Current Sale Transaction ID: 1184257459
  • Current Sale Price: $164,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE NET
  • First Mortgage Transaction Date: May 12, 2003
  • First Mortgage Loan Amount: $162,349
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 58 Gates Lane located in?
The 58 Gates Lane is a located in the neighborhood of Webster Square in Webster Square, Worcester.
What is the average sales price for listings in 58 Gates Lane?
The average sales price for units in 58 Gates Lane is $0 currently.

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