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8 Colonial Way

Shrewsbury, MA 01545

5 bd 6 ba 6,406 sqft Built 1998 Lot 47,045 sqft single_family
Most recent sale
$1,420,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2022 Sold $1,420,000 MLS #72949621
Mar 7, 2022 Listed $1,400,000 MLS #72949621
Feb 9, 2018 Sold $875,000 MLS #72208574
Sep 5, 2017 Price changed $939,900 MLS #72208574
Aug 3, 2017 Listed $985,000 MLS #72208574
Jan 24, 2003 Sold $710,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,034,500 $318,600 $1,353,100 $16,291
2024 $1,058,200 $303,500 $1,361,700 $16,858
2023 $820,600 $303,500 $1,124,100 $14,748
2022 $700,500 $238,700 $939,200 $13,252
2020 $656,100 $238,700 $894,800 $11,158
2019 $629,600 $247,000 $876,600 $11,019
2018 $772,100 $228,700 $1,000,800 $12,670
2017 $745,000 $211,900 $956,900 $12,277
2016 $741,400 $192,800 $934,200 $12,145
2015 $741,400 $192,300 $933,700 $12,325
2014 $742,600 $191,700 $934,300 $11,370
2006 $690,200 $220,200 $910,400 $8,412
2005 $574,500 $197,100 $771,600 $7,515
2004 $565,200 $190,300 $755,500 $7,495
2003 $580,700 $136,000 $716,700 $7,597

Property facts

Year built
1998
Property type
single_family
Stories
Beds
5
Baths
6
Living area
6,406 sqft
Lot size
47,045 sqft
ZIP code
01545
City
Shrewsbury
Street
Colonial Way
Coordinates
42.32519, -71.71269

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
$8,520
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8 Colonial Way last sell?
8 Colonial Way most recently sold on Apr 13, 2022 for $1,420,000.
What is the current tax assessment for 8 Colonial Way?
The most recent total assessment for 8 Colonial Way (year 2025) is $1,353,100 with $16,291 in property tax.
How does 8 Colonial Way's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $1,420,000.
When was 8 Colonial Way built?
8 Colonial Way was built in 1998.
How does 8 Colonial Way compare to others on Colonial Way?
We track 5 other properties on Colonial Way. Browse the list under "Other properties on Colonial Way" to compare beds, baths, and sale history.
What are the property facts for 8 Colonial Way?
8 Colonial Way is a 5 bed, 6 bath, 6,406 sqft, 47,045 sqft lot single_family.
Is 8 Colonial Way a flip candidate?
No — 8 Colonial Way does not appear in our flips dataset.
Is 8 Colonial Way a tax-appeal candidate?
No — 8 Colonial 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
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$811.7K
2026 Q4
$823.1K
ZIP 01545 — Median Price History + Forecast

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