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18 Lake Ave

Spencer, MA 01562

3 bd 3 ba 2,400 sqft Built 2021 Lot 35,284 sqft single_family
Most recent sale
$600,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $600,000 MLS #72882703
Sep 13, 2021 Price changed $649,000 MLS #72882703
Aug 17, 2021 Listed $669,000 MLS #72882703

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $597,100 $58,200 $655,300 $7,693
2024 $596,600 $58,200 $654,800 $7,491
2023 $533,000 $58,200 $591,200 $7,130
2022 $327,900 $52,700 $380,600 $5,009
2021 $52,700 $52,700 $740

Property facts

Year built
2021
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
35,284 sqft
ZIP code
01562
City
Spencer
Street
Lake Ave
Coordinates
42.20117, -71.94330

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
$6,960
Gross rental yield
13.92%
Implied cap rate
9.05%
Trend-extrapolated value

Frequently asked questions

When did 18 Lake Ave last sell?
18 Lake Ave most recently sold on Dec 22, 2021 for $600,000.
What is the current tax assessment for 18 Lake Ave?
The most recent total assessment for 18 Lake Ave (year 2025) is $655,300 with $7,693 in property tax.
How does 18 Lake Ave's assessment compare to its last sale price?
The current assessment is 9.2% above the last sale price of $600,000.
When was 18 Lake Ave built?
18 Lake Ave was built in 2021.
How does 18 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 18 Lake Ave?
18 Lake Ave is a 3 bed, 3 bath, 2,400 sqft, 35,284 sqft lot single_family.
Is 18 Lake Ave a flip candidate?
No — 18 Lake Ave does not appear in our flips dataset.
Is 18 Lake Ave a tax-appeal candidate?
No — 18 Lake Ave 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
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$516.8K
2026 Q4
$540.2K
ZIP 01562 — Median Price History + Forecast

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