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507 Sterling St

Lancaster, MA 01523

4 bd 3 ba 2,240 sqft Built 1999 Lot 64,904 sqft single_family
Most recent sale
$570,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $570,000 MLS #72954463
Mar 28, 2022 Relisted $579,900 MLS #72954463
Oct 23, 2003 Sold $355,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $401,800 $115,400 $517,200 $8,358
2024 $406,000 $105,500 $511,500 $8,931
2023 $365,600 $95,900 $461,500 $7,933
2022 $308,500 $88,000 $396,500 $7,712
2021 $270,800 $88,000 $358,800 $7,169
2020 $318,900 $88,000 $406,900 $8,077
2019 $273,900 $88,000 $361,900 $7,148
2018 $250,500 $88,000 $338,500 $6,763
2016 $230,400 $87,000 $317,400 $6,205
2015 $225,200 $87,000 $312,200 $5,857
2014 $203,800 $87,000 $290,800 $5,499
2006 $241,600 $111,400 $353,000 $4,780
2005 $201,700 $111,400 $313,100 $4,433
2004 $166,400 $88,100 $254,500 $4,291
2003 $166,400 $88,100 $254,500 $3,828

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,240 sqft
Lot size
64,904 sqft
ZIP code
01523
City
Lancaster
Street
Sterling St
Coordinates
42.43537, -71.71488

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,496
Gross rental yield
13.68%
Implied cap rate
8.89%
Trend-extrapolated value

Frequently asked questions

When did 507 Sterling St last sell?
507 Sterling St most recently sold on Apr 28, 2022 for $570,000.
What is the current tax assessment for 507 Sterling St?
The most recent total assessment for 507 Sterling St (year 2025) is $517,200 with $8,358 in property tax.
How does 507 Sterling St's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $570,000.
When was 507 Sterling St built?
507 Sterling St was built in 1999.
How does 507 Sterling St compare to others on Sterling St?
We track 8 other properties on Sterling St. Browse the list under "Other properties on Sterling St" to compare beds, baths, and sale history.
What are the property facts for 507 Sterling St?
507 Sterling St is a 4 bed, 3 bath, 2,240 sqft, 64,904 sqft lot single_family.
Is 507 Sterling St a flip candidate?
No — 507 Sterling St does not appear in our flips dataset.
Is 507 Sterling St a tax-appeal candidate?
No — 507 Sterling St 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
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$433.6K
2026 Q4
$429.6K
ZIP 01523 — Median Price History + Forecast

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