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8 Lake Street

8 Lake Street, Millbury, MA 01527
Property in Millbury
Sold Jul 01, 1993
$80,000
$25,000 by Millbury Cu
Mortgage Due Jun 17, 2045
8 Lake Street in Millbury, MA was first built in 1927 and is 97 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 conventional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8 Lake Street has 1,604 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. In total, the area measurement of the land is 19,100 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 and being fueled with gas. The property was last sold in Jan 1, 1970 for $80,000. That's $49.88 per sqft. 8 Lake Street was last assessed in 2023. The total value of the property was assessed at $336,800. Specifically, the land the property is located on was valued at $73,500. While improvements on the property were assessed at a total of $263,300. 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 $4,867. The initial tax year of delinquency was in 2023. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,100
  • Total Building Area: 1,604
  • Gross Building Area: 4,277
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,604
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.438
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUSSO JOHN
  • Current Owner 2: RUSSO NANCY
  • Previous Owner : RUSSO ALBERT
  • Previous Owner 2: RUSSO JUNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millbury School District
  • School Tax School District: MILLBURY SD
  • Census Tract: 737300

Geography

  • Parcel: MILB M:030 B:0000063 L:
  • Block: 63
  • Municipality: MILLBURY
  • Latitude: 42.2072
  • Longitude: -71.7551

    Address

  • Full Address: 8 Lake St
  • Address - House Number: 8
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MA
  • City Name: Millbury
  • Carrier Code: C008
  • 4-Digit Zip Code: 3316
  • Zip Code: 01527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,867
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 458,942
  • High Value: 535,587
  • Low Value: 382,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $25,000
  • First Open Lien Mortgage Lender: MILLBURY CU
  • First Open Lien Mortgage Recording Date: Jun 17, 2015
  • First Open Lien Mortgage Loan Amount: $25,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 17, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,800
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $263,300

    Sales

  • Current Sale Recording Date: Jul 01, 1993
  • Current Sale Transaction ID: 1102049372
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALBERT RUSSO
  • First Mortgage Transaction Date: Jul 01, 1993
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Worcester



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Frequently Asked Questions

What neighborhood is 8 Lake Street located in?
The 8 Lake Street is a located in the neighborhood of Millbury in Worcester, Millbury.
What is the average sales price for listings in 8 Lake Street?
The average sales price for units in 8 Lake Street is $0 currently.

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