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340 Lake Ave

Worcester, MA 01604

2 bd 2 ba 768 sqft Built 1926 Lot 3,920 sqft single_family
Most recent sale
$355,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $355,000 MLS #72954147
Mar 17, 2022 Listed $329,900 MLS #72954147
Jan 16, 2020 Sold $365,000 MLS #72577771
May 24, 2019 Listed $500,000 MLS #72506265
Dec 28, 2007 Sold $375,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $439,000 $118,800 $557,800 $7,357
2024 $392,100 $118,800 $510,900 $7,025
2023 $355,900 $103,300 $459,200 $6,585
2022 $317,500 $82,600 $400,100 $6,086
2021 $277,900 $66,100 $344,000 $5,600
2020 $214,900 $66,500 $281,400 $4,784
2019 $207,300 $60,200 $267,500 $4,815
2018 $190,700 $60,200 $250,900 $4,745
2017 $176,600 $60,200 $236,800 $4,551
2016 $173,900 $45,700 $219,600 $4,526
2015 $173,900 $45,700 $219,600 $4,407
2013 $160,800 $50,200 $211,000 $3,920
2006 $285,300 $55,800 $341,100 $4,274
2005 $261,400 $48,500 $309,900 $4,084
2004 $209,500 $44,900 $254,400 $3,752
2003 $167,300 $42,500 $209,800 $3,390

Property facts

Year built
1926
Property type
single_family
Stories
Beds
2
Baths
2
Living area
768 sqft
Lot size
3,920 sqft
ZIP code
01604
City
Worcester
Street
Lake Ave
Coordinates
42.25352, -71.75287

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
$2,227
Gross rental yield
7.53%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 340 Lake Ave last sell?
340 Lake Ave most recently sold on May 20, 2022 for $355,000.
What is the current tax assessment for 340 Lake Ave?
The most recent total assessment for 340 Lake Ave (year 2025) is $557,800 with $7,357 in property tax.
How does 340 Lake Ave's assessment compare to its last sale price?
The current assessment is 57.1% above the last sale price of $355,000.
When was 340 Lake Ave built?
340 Lake Ave was built in 1926.
How does 340 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 340 Lake Ave?
340 Lake Ave is a 2 bed, 2 bath, 768 sqft, 3,920 sqft lot single_family.
Is 340 Lake Ave a flip candidate?
No — 340 Lake Ave does not appear in our flips dataset.
Is 340 Lake Ave a tax-appeal candidate?
Yes — 340 Lake Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$426.8K
2026 Q4
$421.8K
ZIP 01604 — Median Price History + Forecast

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