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16 Lemay Way

Chelmsford, MA 01863

3 bd 2 ba 2,005 sqft Built 1995 Lot 4,730 sqft single_family
Most recent sale
$550,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 11, 2023 Sold $560,000 MLSPIN
Nov 10, 2022 Relisted $609,900 MLSPIN
Sep 15, 2022 Listed $609,900 MLS #73036904
Dec 15, 2021 Sold $550,000 MLS #72912444
Oct 25, 2021 Listed $489,000 MLS #72912444
May 16, 2003 Sold $312,000 Public Record
Feb 29, 1996 Sold $151,770 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $275,200 $202,900 $478,100 $6,646
2024 $268,100 $202,900 $471,000 $6,415
2023 $210,800 $218,200 $429,000 $6,165
2022 $176,700 $189,700 $366,400 $5,778
2021 $186,000 $171,700 $357,700 $5,630
2020 $191,900 $150,600 $342,500 $5,634
2019 $170,900 $149,100 $320,000 $5,232
2018 $170,900 $134,400 $305,300 $5,483
2017 $172,300 $125,800 $298,100 $5,342
2016 $160,900 $114,600 $275,500 $4,967
2015 $158,600 $103,300 $261,900 $4,898
2014 $151,500 $98,000 $249,500 $4,736
2006 $199,700 $97,000 $296,700 $3,893
2005 $187,000 $86,700 $273,700 $3,692
2004 $258,400 $3,393
2003 $149,300 $67,900 $217,200 $3,052

Property facts

Year built
1995
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,005 sqft
Lot size
4,730 sqft
ZIP code
01863
City
Chelmsford
Street
Lemay Way
Coordinates
42.62526, -71.38574

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,815
Gross rental yield
12.69%
Implied cap rate
8.25%
Trend-extrapolated value

Frequently asked questions

When did 16 Lemay Way last sell?
16 Lemay Way most recently sold on Dec 15, 2021 for $550,000.
What is the current tax assessment for 16 Lemay Way?
The most recent total assessment for 16 Lemay Way (year 2025) is $478,100 with $6,646 in property tax.
How does 16 Lemay Way's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $550,000.
When was 16 Lemay Way built?
16 Lemay Way was built in 1995.
How does 16 Lemay Way compare to others on Lemay Way?
We track 2 other properties on Lemay Way. Browse the list under "Other properties on Lemay Way" to compare beds, baths, and sale history.
What are the property facts for 16 Lemay Way?
16 Lemay Way is a 3 bed, 2 bath, 2,005 sqft, 4,730 sqft lot single_family.
Is 16 Lemay Way a flip candidate?
No — 16 Lemay Way does not appear in our flips dataset.
Is 16 Lemay Way a tax-appeal candidate?
No — 16 Lemay Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$740.4K
2026 Q4
$740.4K
ZIP 01863 — Median Price History + Forecast

Explore nearby

Other properties on Lemay Way