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302 Lake St, Shrewsbury, MA, 01545

7beds
5baths
3,276sqft
$899,999
$275price/sqft
$6,328/moest. monthly cost
$253,120/yrincome needed

About This Home

A CUSTOM BUILT & WELL MAINTAINED 2 LEVELS COLONIAL. PERFECT FOR IN-LAW OR LARGE FAMILIES. A WELCOMING OPEN CONCEPT LAYOUT. LARGE LIVING / DINING ROOM. 2 FULL KITCHENS WITH UPDATED CABINETS AND MARBLE COUNTERTOPS. FULL S.S. APPLIANCES, RANGE, FRIDGE, D.W. 7 GOOD SIZE BEDROOMS AND 4.5 BATHS. GLEAMING HARDWOOD FLOORING THROUGHOUT MOST OF THE HOME & TILE IN THE BATHROOMS. MAIN LEVEL, IN-LAW LIVING SPACE HAS 4 BEDROOM 2.5 BATHS AND LARGE FAMILY ROOM WITH SLIDER LEADING TO THE OUTSIDE PATIO. 2ND LEVEL OFFER 3 MORE BEDROOMS AND 2 FULL BATHS. SEPARATE HV/AC FOR BOTH LEVELS. SITUATED IN A CONFORMING NEIGHBORHOOD ON A 0.36 CORNER ACRES LOT. PAVED DRIVEWAY WITH AMPLE PARKING. A SPACIOUS REAR YARD & A LARGE BACKYARD PERFECT FOR THE GARDEN LOVERS & PET FOR RELAXING FAMILY COOKOUTS.LOCATED IN A PRIME SPOT WITH QUICK ACCESS TO MAJOR ROUTES & LOCAL SHOPPING, UMASS HOSPITAL AND MEDICAL SCHOOL, THE LAKEWAY DISTRICT, LAKE QUINSIGAMOND, MARKETS, RESTAURANT

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
9/10
Oak Middle SchoolGrades 7-81.1 mi
9/10
Shrewsbury Sr High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Finished,Slab

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood
  • Finished area above ground: 3,276

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,276
  • Total interior livable area: 3,276 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: M:0040 B:138000 L:0000,1681424
  • Zoning: RB1
  • Exclusions: Car Charging Port.

Features

  • Patio & porch: Patio
  • Exterior features: Patio,Balcony

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,Level

Parking

  • Total spaces: 8
  • Parking features: Attached,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$237$2,844
Property Taxes $895$10,740
Electricity $646$7,752
Total$6,328$75,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$216,960/yr
40% on housing$189,840/yr
45% on housing$168,746/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 01545$314
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01545$303
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$899,999
2016-10-06Sold$311,000
2016-09-23Pending sale$304,500
2016-09-23Listed for sale$304,500
2016-06-12Listing removed$304,500
2016-06-10Pending sale$304,500
2016-05-31Price change$304,500
2016-05-18Listed for sale$314,400
2016-05-10Sold$412,500
2016-04-23Price change$333,400
2016-03-26Listed for sale$350,860
2013-04-25Listing removed$259,300
2013-03-02Price change$259,300
2013-02-04Price change$281,900
2013-01-04Listed for sale$306,000
2012-07-25Sold$395,000
2000-03-30Sold$211,000
1995-09-01Sold$141,500

For Sale by Agent

AgentChristina Kelly
BrokerageALL CAPITAL REALTY, LLC

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