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38 Lake Street, Spencer MA 01562

Spencer, MA 01562
$559,900
$519,900
Est. $3,284/month
4
Beds
2.5
Baths
2,224
Sq Ft
$234
Price/Sq Ft
0.64
Acres
2005
Year Built
2
Garage Spaces
44
Days on Market
Active Price Drop -$40,000 Listed May 26, 2026 • MLS# 73524367 Copied! • Updated Jul 7, 2026

About this home

This beautiful 4-bedroom, 2.5 bath Colonial style home, situated on a dead-end Street in Spencer, this is the house you have been looking for!! Built in 2005, this home offers over 2,200 sq ft of living space with a flexible floor plan perfect for everyday living and entertaining. Main level features eat-in-kitchen w/ Corian countertops and updated appliances, family room with fireplace and vaulted ceiling, living room and dining room with hardwood floors, half bath and laundry room. Upstairs are master bedroom w/ master bath, full bath and 4 spacious bedrooms, in addition the partially finished basement with high ceilings offers room for expansion! Enjoy the convenience of a 2-car garage, ample storage and a peaceful yard ideal for gardening or outdoor gatherings. Enjoy your morning coffee on the private back yard deck with a view of the lake. Luther Hill Park and Lake Whittemore are within walking distance and direct access for your enjoyment at the seasonal beach w/ lifeguard

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
7.1%
Price Range

Property Timeline

Price Reduced
Jun 27, 2026
$519,900 $20,000 (-3.7%)
From $539,900 to $519,900 (-3.7%)
Price Reduced
Jun 6, 2026
$539,900 $20,000 (-3.57%)
From $559,900 to $539,900 (-3.6%)
👤
Agent Changed
Jun 1, 2026
Karen Gauvin → Signature Home Team
Agent: Signature Home Team
👁️
Showing Instructions Updated
May 28, 2026
New showing requirements
👁️
Showing Instructions Updated
May 28, 2026
New showing requirements
🏠
Listed for Sale
May 27, 2026
$559,900
Original listing
Office: Keller Williams Pinnacle Central

Tax History

Year Taxes Assessment
2026 $5,463 $497,600

Financial Details

Annual Property Tax
$5,463
Tax Year 2026
Assessed Value
$497,600

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 2005
Living Area 2,224 sq ft
Lot Size 0.64 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Interior

Heating Forced Air, Oil
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet
Appliances Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Family Room
Fireplaces 1
Basement Full, Partially Finished, Bulkhead, Concrete
Laundry Flooring - Stone/ceramic Tile, Washer Hookup, Lighting - Overhead, Closet - Double, First Floor, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Deck - Composite, Pool - Above Ground, Rain Gutters
Pool Above Ground
Spa None
Fencing None
Patio/Porch Deck, Deck - Composite
Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Paved Drive, Off Street
Total Spaces 4
Electric 220 Volts
Water Public
Sewer Private Sewer
Gas None
Other For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $5,463
Assessed Value $497,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Is In The Process Of Completing The Title V Inspection
Possession None
Accepted Financing None
Structure Type []
House Color Gray
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 42 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2005
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,224 sq ft
Total Rooms
8

Room Details

First Floor

Bathroom1
Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Dining Room
Flooring - Hardwood, Lighting - Overhead
Kitchen
Flooring - Stone/Ceramic Tile, Balcony / Deck, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Family Room
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Sunken, Half Vaulted Ceiling(s)

Second Floor

Bedroom4
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom3
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Lighting - Overhead, Closet - Double
Bathroom2
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bedroom2
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Bathroom3
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Lighting - Overhead
Master Bedroom
Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Lighting - Overhead, Closet - Double

Other Floor

Bedroom5
Office
Master Bathroom
Yes

Main,First Floor

Living Room
Flooring - Hardwood, French Doors, Lighting - Overhead

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Full, Partially Finished, Bulkhead, Concrete
Laundry: Flooring - Stone/Ceramic Tile, Washer Hookup, Lighting - Overhead, Closet - Double, First Floor, Electric Dryer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 2005
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Heating Zones: 3
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Composite, Pool - Above Ground, Rain Gutters
Patio & Porch: Deck, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Pool: Private Pool
Pool Features: Above Ground
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Public School

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $455
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

38 Lake Street, Spencer MA 01562

Spencer, MA 01562

Listing Information

Listing Agent Signature Home Team
Listing Office Keller Williams Pinnacle Central
Office Phone 508-754-3020
Agent MLS ID TM362728
Office MLS ID AN8160
Listing Data Updated Jul 7, 2026 8:45 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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