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5 Essex Way

Westborough, MA 01581

2 bd 2 ba 2,090 sqft Built 1999 condos
Most recent sale
$660,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $660,000 MLS #72980686
Jun 1, 2022 Relisted $669,800 MLS #72980686
May 30, 2022 Listing removed $669,800 MLSPIN
May 12, 2022 Listed $669,800 MLS #72980686
Nov 18, 2016 Sold $475,000 MLS #71990484
Sep 12, 2016 Price changed $499,900 MLS #71990484
Aug 23, 2016 Price changed $519,900 MLS #71990484
Jun 2, 2016 Price changed $524,900 MLS #71990484
Apr 19, 2016 Listed $529,900 MLS #71990484
Feb 27, 2012 Listing removed $400,000 MLSPIN
Feb 10, 2012 Listed $400,000 MLS #71337474
Jan 3, 2000 Sold $319,595 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $578,500 $578,500 $9,424
2024 $613,900 $613,900 $10,074
2023 $493,200 $493,200 $8,305
2022 $448,500 $448,500 $8,293
2021 $442,000 $442,000 $8,195
2020 $469,200 $469,200 $8,596
2019 $435,700 $435,700 $7,986
2018 $427,100 $427,100 $7,884
2017 $427,100 $427,100 $7,602
2016 $375,600 $375,600 $6,674
2015 $365,900 $365,900 $6,802
2014 $336,000 $336,000 $6,481
2006 $456,500 $456,500 $6,327
2005 $418,000 $418,000 $6,007
2004 $376,000 $376,000 $5,215
2003 $339,100 $339,100 $4,503

Property facts

Year built
1999
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
2,090 sqft
Lot size
ZIP code
01581
City
Westborough
Street
Essex Way
Coordinates
42.28185, -71.62182

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
$6,061
Gross rental yield
11.02%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 5 Essex Way last sell?
5 Essex Way most recently sold on Aug 24, 2022 for $660,000.
What is the current tax assessment for 5 Essex Way?
The most recent total assessment for 5 Essex Way (year 2025) is $578,500 with $9,424 in property tax.
How does 5 Essex Way's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $660,000.
When was 5 Essex Way built?
5 Essex Way was built in 1999.
How does 5 Essex Way compare to others on Essex Way?
We track 1 other property on Essex Way. Browse the list under "Other properties on Essex Way" to compare beds, baths, and sale history.
What are the property facts for 5 Essex Way?
5 Essex Way is a 2 bed, 2 bath, 2,090 sqft condos.
Is 5 Essex Way a flip candidate?
No — 5 Essex Way does not appear in our flips dataset.
Is 5 Essex Way a tax-appeal candidate?
No — 5 Essex 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
-3.8%
Implied 1-yr
-15.3%
2026 Q2
$487.6K
2026 Q3
$462.9K
ZIP 01581 — Median Price History + Forecast

Explore nearby

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