16 Mars Dr, Shrewsbury MA 01545

Shrewsbury, MA 01545
$769,000
$760,000
Est. $4,696/month
5
Beds
2.5
Baths
2,028
Sq Ft
$375
Price/Sq Ft
0.32
Acres
1956
Year Built
5
Parking
78
Days on Market
For Sale Price Drop -$9,000 Listed Jun 7, 2026 • MLS# 73531469 Copied! • Updated Aug 5, 2026

Track this home for price, status, and open-house alerts.

About this home

$2,500 CLOSING COST CREDIT Welcome to 16 Mars Drive, where space, comfort, and endless possibilities come together in one of Shrewsbury's most sought-after neighborhoods. Whether you're looking for your forever home or a property with outstanding potential, this well-maintained residence offers the opportunity to move in today while making updates that reflect your personal style over time.Natural light fills the spacious interior, where a flexible floor plan provides room for entertaining, working from home, or simply enjoying everyday life. The functional kitchen offers generous cabinet and workspace, while the comfortable living areas and well-proportioned bedrooms create a warm, inviting atmosphere throughout.Professionally created digitally enhanced renderings illustrate how impressive this home could become with modern cosmetic updates, helping buyers envision refreshed finishes, contemporary design, updated flooring, stylish furnishings, and a beautifully reimagined living space. The home's solid layout and thoughtful design provide the perfect canvas to create something truly special.Outside, enjoy a generous backyard with plenty of room for summer gatherings, gardening, or relaxing in your own private outdoor retreat. Conveniently located near shopping, restaurants, parks, medical facilities, and major commuter routes, this home offers the ideal balance of neighborhood charm and everyday convenience.To make this opportunity even more appealing, the seller is offering a $2,500 closing cost credit to help with your purchase. If you've been searching for a home with excellent potential, a fantastic location, and the chance to add your own personal touch, 16 Mars Drive is ready to inspire your vision.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.2%
Price Range

Property Timeline

Price Reduced
Jun 24, 2026
$760,000 $9,000 (-1.17%)
From $769,000 to $760,000 (-1.2%)
👁️
Showing Instructions Updated
Jun 17, 2026
New showing requirements
🏠
Listed for Sale
Jun 7, 2026
$769,000
Original listing
Agent: Nicholas Panarelli Office: Castinetti Realty Group

Tax History

Year Taxes Assessment
2025 $7,837 $650,900

Financial Details

Annual Property Tax
$7,837
Tax Year 2025
Assessed Value
$650,900

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 2,028 sq ft
Lot Size 0.32 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 11

Interior

Heating Forced Air, Oil
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace None
Fireplaces 1
Basement Full, Finished, Walk-out Access
Laundry None
Features Office, Foyer, Sun Room

Exterior

Construction None
Architecture Colonial
Roof None
Features Porch - Enclosed, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed, Deck - Wood
Features Paved Drive, Off Street, Paved
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $7,837
Assessed Value $650,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Some Photos Digitally Enhanced And Rendered To Show Potential Design. Public Record Incorrectly States That Home Was Built In 1990. Foundation 1956, Total First Floor Renovation And Addition Of The Second Floor 2002. Home Has 5+ Bedrooms, Public Record Shows 4.
Exclusions Sellers Personal Property. Refrigerator In Basement.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 59 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,028 sq ft
Total Rooms
11

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features: Office, Foyer, Sun Room
Windows:
Basement: Full, Finished, Walk-Out Access
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1956
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck - Wood
Patio & Porch: Porch - Enclosed, Deck - Wood
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
School District
Shrewsbury School District local
A+
School Safety 2024-25
0.9% Low
0.6% Suspensions 0.8% In-School 0.3% Emergency
4.6% below state avg
E

Elementary Schools

3 schools
A-
Spring Street School
0.6 mi | #202 of 824 | Score: 54.9
Dropped 40 spots from last year
-3.3 below state avg
304 students Diverse
Diverse Student Body Strong Attendance
Grades K-04
St. Mary School
0.9 mi
Grades PK-08
A-
Walter J. Paton School
1.1 mi | #177 of 824 | Score: 56.1
Improved 30 spots from last year
-2.1 below state avg
269 students Diverse
Rising School
Grades K-04
M

Middle Schools

3 schools
B+
Sherwood Middle School
1.9 mi | #267 of 824 | Score: 51.9
Dropped 24 spots from last year
-6.3 below state avg
951 students Diverse
Diverse Student Body
Grades 05-06
A+
Oak Middle School
2.0 mi | #33 of 352 | Score: 59.7
Improved 30 spots from last year
+1.5 above state avg
914 students Diverse
Rising School Diverse Student Body
Grades 07-08
B+
Robert E. Melican Middle School
2.8 mi | #114 of 352 | Score: 48.0
Dropped 12 spots from last year
-10.2 below state avg
545 students Diverse
Grades 06-08
H

High Schools

3 schools
A+
Shrewsbury High School
1.5 mi | #18 of 346 | Score: 73.4
Improved 22 spots from last year
+15.2 above state avg
1,891 students Diverse
19 sports • 2,168 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Saint John's High School
1.5 mi
20 sports • 857 athletes
Strong Athletics
Grades 07-12
C
Burncoat Senior High School
4.0 mi | #278 of 346 | Score: 43.5
Dropped 58 spots from last year
-14.7 below state avg
1,073 students Diverse
18 sports • 778 athletes
Early College Program College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings

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 $653
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Loading map...

Neighborhood

16 Mars Dr, Shrewsbury MA 01545

Shrewsbury, MA 01545

Listing Information

Listing Agent Nicholas Panarelli
Listing Office Castinetti Realty Group
Office Phone 508-719-8804
Agent MLS ID CN254437
Office MLS ID AN4508
Listing Data Updated Aug 5, 2026 1:31 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Shrewsbury, MA

Real-time market trends and pricing data for this area

Loading market insights for Shrewsbury.