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2 Gates Ln, Millbury, MA, 01527

3beds
2baths
1,848sqft
$559,000
$302price/sqft
$4,005/moest. monthly cost
$160,200/yrincome needed

About This Home

Enjoy year-round comfort with an energy-efficient Mini-split cooling / heat pump system and a pellet stove for those especially cold nights. This pristinely landscaped, meticulously maintained ranch-style property offers unmatched privacy as the last house on a dead-end, with woods surrounding all sides, and a fully-fenced backyard. Enter through the under-house garage, the above-grade walk-out to the finished basement, or the expansive front porch. Inside you will find a large living room and a kitchen that overlooks the large deck through a sliding glass door, featuring matching white appliances, backsplash, and plenty of cabinet space. The primary bedroom has a private full bathroom, and the second bedroom is big enough for a queen-sized bed. The finished basement includes a family room plus a separate space currently used as an office. The property offers easy access to the highway and local amenities. **Property listed as a 3-bdrm per public record. Owner converted 3rd bedroom into a dining room, but is willing to convert it back upon request.**

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

--
Elmwood Street SchoolGrades PK-22.0 mi

Construction

Condition

  • Year built: 1987

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater,Range,Dishwasher,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Radon Remediation System

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Door features: Insulated Doors,Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Tile,Carpet
  • Finished area below ground: 616
  • Finished area above ground: 1,232

Heating & Cooling

  • Heating features: Electric Baseboard,Heat Pump,Electric,Pellet Stove
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,848
  • Total interior livable area: 1,848 sqft

Property

Details

  • Parcel number: M:0022 B:0027 L:0000,3579474
  • Zoning: Res

Features

  • Patio & porch: Porch,Deck
  • Exterior features: Porch,Deck,Rain Gutters,Fenced Yard
  • Fencing: Fenced
  • Has view: Yes
  • View description: Scenic View(s)

Lot

  • Lot size: 0.59 Acres
  • Features: Gentle Sloping

Parking

  • Total spaces: 7
  • Parking features: Under,Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • 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
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Ice Storm
Strong Wind

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 $2,826$33,912
Home Insurance *$196$2,352
Property Taxes $619$7,428
Electricity $364$4,372
Total$4,005$48,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,314/yr
40% on housing$120,150/yr
45% on housing$106,800/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

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 01527$235
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01527$287
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
2026-08-02Price change$559,000
2026-07-21Price change$579,000
2026-07-15Listed for sale$600,000
2007-09-07Sold$299,500
2004-07-01Sold$299,000
2004-02-27Sold$236,000

For Sale by Agent

AgentAustin Miglin
BrokerageRealty Negotiations, LLC

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