5 Independence Ln
Medway, MA 02053
4 bd 3 ba 4,560 sqft Built 2005 Lot 22,651 sqft single_family
Most recent sale
$1,110,000
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 12, 2022 | Sold | $1,110,000 | MLS #72985930 |
| May 21, 2022 | Listed | $979,900 | MLS #72985930 |
| Feb 15, 2006 | Sold | $795,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $673,100 | $323,400 | $996,500 | $14,200 |
| 2024 | $673,100 | $323,400 | $996,500 | $14,350 |
| 2023 | $562,200 | $294,400 | $856,600 | $13,654 |
| 2022 | $522,100 | $217,700 | $739,800 | $12,525 |
| 2021 | $514,900 | $203,200 | $718,100 | $12,538 |
| 2020 | $503,500 | $203,200 | $706,700 | $12,367 |
| 2019 | $500,400 | $194,900 | $695,300 | $11,799 |
| 2018 | $492,200 | $194,900 | $687,100 | $12,134 |
| 2017 | $468,100 | $186,600 | $654,700 | $11,732 |
| 2016 | $465,400 | $176,200 | $641,600 | $11,619 |
| 2015 | $438,700 | $176,200 | $614,900 | $11,216 |
| 2014 | $375,300 | $176,200 | $551,500 | $10,390 |
| 2006 | — | $134,800 | $134,800 | $1,746 |
Property facts
Year built
2005
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
4,560 sqft
Lot size
22,651 sqft
ZIP code
02053
City
Medway
Street
Independence Ln
Coordinates
42.14657, -71.44108
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,224
Gross rental yield
14.30%
Implied cap rate
9.29%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Independence Ln last sell?
5 Independence Ln most recently sold on Jul 12, 2022 for $1,110,000.
What is the current tax assessment for 5 Independence Ln?
The most recent total assessment for 5 Independence Ln (year 2025) is $996,500 with $14,200 in property tax.
How does 5 Independence Ln's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $1,110,000.
When was 5 Independence Ln built?
5 Independence Ln was built in 2005.
How does 5 Independence Ln compare to others on Independence Ln?
We track 3 other properties on Independence Ln. Browse the list under "Other properties on Independence Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Independence Ln?
5 Independence Ln is a 4 bed, 3 bath, 4,560 sqft, 22,651 sqft lot single_family.
Is 5 Independence Ln a flip candidate?
No — 5 Independence Ln does not appear in our flips dataset.
Is 5 Independence Ln a tax-appeal candidate?
No — 5 Independence Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$741.6K
2026 Q4
$749.1K
ZIP 02053 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Independence Ln