40 Lake Ave, Leicester, MA 01524 Property Records

Worcester County and Leicester Town property record for 40 Lake Ave, Leicester, MA 01524

Property Summary

Property TypeSingle Family Home
Details4 bd · 1 ba · 2,042 sqft · built 1950
Lot Size0.151 acres (6,582 sqft)
OwnerIndividual Name on File
Last Sale$290,000 (Jun 2016)
Tax Bill$55 (2025)
Deeds & MortgagesNov 2024 Line of Credit
Flood ZoneZone X (minimal risk)
APNLEIC M:19A B:0000E14 L:0

Property Details

APN / Parcel Number

Primary APNLEIC M:19A B:0000E14 L:0

Interior

Bedrooms4 Beds
Full Baths1 Bath
Total Rooms6 Rooms
Stories2 Stories
Building Area2,042 sqft Living Area
Gross Area3,732 sqft
Basement Area1,162 sqft
Unfinished Basement1,162 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Architectural StyleCape Cod
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area6,582 sqft (0.151 acres)

Utilities, Heating & Cooling

Heating SystemHot Water
Heating FuelGas

Location & Zoning

Street Address40 LAKE AVE
CityLEICESTER
StateMA
Zip01524-1904
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR2
Legal BlockE14
JurisdictionLEICESTER MA
Township / Civil DivisionLEICESTER
Census Block Group4
Census Block4010
Census Tract735100

Owner

40 Lake Ave is owned and occupied by an individual who bought it in June 2016.

Source: Worcester County and Leicester Town records, as of April 14, 2026

Owner of RecordIndividual Name on File
Mailing Address40 LAKE AVE, LEICESTER, MA 01524-1904
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 23, 2016 · Amount on File
Deed SaleJun 23, 2016 · Amount on File
Prior SaleJun 30, 1992 · Amount on File
Deed Book / Page55523 / 310
Transfer Doc055523-310
Record UpdatedOct 29, 2026

November 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLEICESTER MA
Property Address40 LAKE AVE, LEICESTER, MA 01524-1904
Transaction TypeMortgage
Record UpdatedApr 3, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number071261-236
DateNov 6, 2024
Book Page71261/236
Instrument92484
Lender
NameCORNERSTONE BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount on Record
Term301 Months
DueDec 1, 2049
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 40 Lake Ave was $55, down 99% from the year before.

Source: Worcester County and Leicester Town assessment roll, as of April 14, 2026

Property Jurisdictions

TypeName
StateMassachusetts
CountyWorcester County
County SubdivisionLeicester Town
Unified School DistrictLeicester School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$55.00 (-98.97%)$473,500 (+11.62%) Land $148,300 Building $325,200$471,485
2024$5,324.00 (+4.23%)$424,200 (+6.8%) Land $134,500 Building $289,700
2023$5,108.00$397,200 Land $134,500 Building $262,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 40 Lake Ave in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective November 30, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims8 (1987–2011)
Claims Outside the SFHA5 of 8
Most Recent ClaimAug 2011 · Hurricane Irene
Claims by Event
  • Severe Storms And Flooding, Oct 2005 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 40 Lake Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 88% of Massachusetts
Wildfire LikelihoodUnder 0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLEICESTER WATER SUPPLY DISTRICT
serves 3,200 people · EPA ID MA2151000
Water SourcePurchased surface water from WORCESTER DPWP, WATER SUPPLY DIVISION
Last State InspectionJun 2025
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 51 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable
1,000 / 35

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