OFF MARKET

Off Market Jan 2025 for $485K

$491,218

•

1,008

sq ft

40 Spring Ter, Shrewsbury, MA 01545

About this home

Fantastic opportunity! Sweet Ranch on the Northside of town! This solid 3-bedroom 1-bathroom single-level home has been in the same family for many years and offers a chance to build sweat-equity easily in a very desirable, quiet neighborhood.. The layout is simple and functional with 3 spacious bedrooms, hardwoods throughout and a good size kitchen & bath. The cozy living room has a working fireplace and bay window that fills the room with sunlight! Unfinished walkout basement with a lot of potential. Outside, you’ll find a large, flat yard perfect for outdoor activities, gardening, and a patio for relaxing with family and friends. The best feature of this property is its convenient location—just a short walk to Spring Street School ranked #9 in MA, Dean Park, and close to major routes with plenty of off-street parking. This home offers great potential for value & growth. Investors and buyers, come see this GEM, bring your vison and enjoy all that Shrewsbury has to offer!

Single-familyProperty Type

1956Year Built

0.39 acresLot Size

$487Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Sandra Miller • RE/MAX Prof Associates

Bought with Melissa Kaspern • REMAX Executive Realty

Redfin checked: a minute ago

•Source:MLS PIN #73313894

Redfin Estimate

$491,218

$6,218 since sold in January 2025$14K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.7% lower than the average sale price ($505K) of 6 comparable homes.

SOLD AUG 28, 2026
$515,000
A
3 beds1.5 baths912 sq ft
172 Boylston St, Shrewsbury, MA 01545
SOLD AUG 13, 2026
$485,000
B
3 beds2 baths1,008 sq ft
6 Spring Ter, Shrewsbury, MA 01545
SOLD JUL 31, 2026
$445,000
C
3 beds2 baths1,376 sq ft
11 Venus Dr, Shrewsbury, MA 01545
SOLD AUG 4, 2026
$415,000
D
3 beds1 bath984 sq ft
42 Woodway Dr, Shrewsbury, MA 01545
SOLD JUL 21, 2026
$545,000
E
3 beds1.5 baths1,188 sq ft
21 Park St, Shrewsbury, MA 01545
SOLD SEP 4, 2026
$625,000
F
3 beds1.5 baths1,854 sq ft
21 Job Cushing Rd, Shrewsbury, MA 01545

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Earn from this home

Sell

$89,873

Est. take-home

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Rent

$2,781/mo

Redfin rental estimate

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Market trends in 01545, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.8%

+0.2% MoM

Median sale price

$660K

$12K MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

142

2 MoM

New listings for sale

REDFIN OPEN SAT, 10AM TO 1PM
$950,000
4 beds2.5 baths2,424 sq ft
8 Lantern Ln, Shrewsbury, MA 01545
OPEN SAT, 11:30AM TO 1PM
$679,999
3 beds2.5 baths1,907 sq ft
769 Grafton St, Shrewsbury, MA 01545
OPEN SUN, 12PM TO 1:30PM
$639,900
4 beds1.5 baths1,790 sq ft
65 Walnut St, Shrewsbury, MA 01545
OPEN SAT, 11AM TO 2PM
$945,000
2 beds2.5 baths2,694 sq ft
5 Conifer Cir #28, Shrewsbury, MA 01545
OPEN SAT, 11AM TO 1PM
$559,900
3 beds1.5 baths1,008 sq ft
16 Venus Dr, Shrewsbury, MA 01545
OPEN SAT, 11AM TO 12:30PM
$729,000
4 beds3 baths2,836 sq ft
15 Mars, Shrewsbury, MA 01545
OPEN SUN, 1PM TO 3PM
$449,900
3 beds1 bath1,244 sq ft
210 Main St, Shrewsbury, MA 01545
OPEN SUN, 1:30PM TO 3PM
$500,000
3 beds1 bath1,581 sq ft
255 S Quinsigamond Ave, Shrewsbury, MA 01545
$825,000
4 beds2.5 baths3,352 sq ft
41 Gold St, Shrewsbury, MA 01545
OPEN SUN, 11AM TO 1PM
$900,000
3 beds1.5 baths2,218 sq ft
9 Hillando Dr, Shrewsbury, MA 01545
See all

Provided by Redfin

Sale history for 40 Spring Ter

Year

Property tax

Land + Additions

Assessment*

2023

$5,377 (+12.8%)

$276,600 + $133,200

$409,800

2022

$4,768 (+17.8%)

$217,300 + $120,600

$337,900

2020

$4,049 (+5.1%)

$217,300 + $107,400

$324,700

2019

$3,851 (+7.5%)

$202,800 + $103,600

$306,400

2018

$3,583 (+5.4%)

$190,700 + $92,300

$283,000

2017

$3,399 (+2.4%)

$172,600 + $92,300

$264,900

2016

$3,320 (+2.3%)

$161,600 + $93,800

$255,400

2015

$3,245 (+13.3%)

$147,400 + $98,400

$245,800

2014

$2,864 (−1.3%)

$136,900 + $98,400

$235,300

2013

$2,903 (+3.0%)

$158,300 + $90,500

$248,800

2012

$2,819 (+4.1%)

$158,300 + $95,400

$253,700

2011

$2,707 (+2.3%)

$158,300 + $95,400

$253,700

2010

$2,646 (−0.5%)

$161,200 + $95,400

$256,600

2009

$2,659

$204,000 + $70,700

$274,700

Tax history for 40 Spring Ter

Year

Property tax

Land + Additions

Assessment*

2023

$5,377 (+12.8%)

$276,600 + $133,200

$409,800

2022

$4,768 (+17.8%)

$217,300 + $120,600

$337,900

2020

$4,049 (+5.1%)

$217,300 + $107,400

$324,700

2019

$3,851 (+7.5%)

$202,800 + $103,600

$306,400

2018

$3,583 (+5.4%)

$190,700 + $92,300

$283,000

2017

$3,399 (+2.4%)

$172,600 + $92,300

$264,900

2016

$3,320 (+2.3%)

$161,600 + $93,800

$255,400

2015

$3,245 (+13.3%)

$147,400 + $98,400

$245,800

2014

$2,864 (−1.3%)

$136,900 + $98,400

$235,300

2013

$2,903 (+3.0%)

$158,300 + $90,500

$248,800

2012

$2,819 (+4.1%)

$158,300 + $95,400

$253,700

2011

$2,707 (+2.3%)

$158,300 + $95,400

$253,700

2010

$2,646 (−0.5%)

$161,200 + $95,400

$256,600

2009

$2,659

$204,000 + $70,700

$274,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.39 Acres

Year renovated

—

Sq. Ft.

1,008

Year built

1956

Style

Single Family Residential

County

Worcester County

APN

1674351

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2023.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 4
AttachedGarageYN: Yes
Parking Features: Attached, Paved Drive, Off Street

Interior

Master Bedroom Information
Level: First
Features: Closet,Flooring - Hardwood

Bedroom #2 Information
Level: First
Features: Closet,Flooring - Hardwood

Bedroom #3 Information
Level: First
Features: Closet,Flooring - Hardwood

Bathroom Information
# of Bathrooms (Full): 1

Bathroom #1 Information
Level: First
Features: Bathroom - Full,Bathroom - Tiled With Tub & Shower

Living Room Information
Level: First
Features: Flooring - Hardwood

Dining Room Information
Level: First
Features: Flooring - Hardwood

Kitchen Information
Level: First
Features: Flooring - Vinyl

Basement Information
Basement: Full, Unfinished

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2

Interior Features
# of Rooms (Total): 6
Flooring: Wood, Tile

Exterior

Building Information
Building Area (Total): 1,008
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual
Color: Yellow

Exterior Features
Roof: Shingle
Patio And Porch Features: Patio
Exterior Features: Patio, Rain Gutters

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.39
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $5,305
Tax Year: 2024

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Heating: Baseboard, Oil

Location

Location Information
Directions: Rt 140 to Prospect St. to Spring Street to Spring Terrace
UnparsedAddress: 40 Spring Ter, Shrewsbury MA 01545

Community Information
Senior CommunityYN: No
Community Features: Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,008
Stories: 1.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Worcester County
APN: 1674351

Home facts updated by county records on Aug 24, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Spring Street Elementary School

Public K-4 • Assigned • 0.1mi

7/10

Oak Middle School

Public 7-8 • Assigned • 2.0mi

9/10

Shrewsbury Senior High School

Public 9-12 • Assigned • 2.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 94° expected this year, 16 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Shrewsbury, MA • 01545

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$467,000 – $565,000

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New listings for sale in 01545

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OPEN SAT, 11AM TO 12:30PM

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4 beds3 baths2,836 sq ft

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OPEN SUN, 1PM TO 3PM

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OPEN SUN, 1:30PM TO 3PM

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$825,000

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Home values near 40 Spring Ter

Data from public records.

Address	Redfin Estimate
10 Spring Circle, Shrewsbury, MA 3 Beds \| 2 Baths \| 1785 Sq. Ft.	$625,404
28 Spring Terrace, Shrewsbury, MA 3 Beds \| 1.5 Baths \| 1132 Sq. Ft.	$524,365

Address	Redfin Estimate
8 Spring Circle, Shrewsbury, MA 3 Beds \| 1 Baths \| 1302 Sq. Ft.	$536,548
32 Spring Terrace, Shrewsbury, MA 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$513,431

Address	Redfin Estimate
24 Spring Terrace, Shrewsbury, MA 2 Beds \| 1 Baths \| 1252 Sq. Ft.	$528,121
34 Spring Terrace, Shrewsbury, MA 2 Beds \| 2 Baths \| 1284 Sq. Ft.	$580,373

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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