NOT LISTED FOR SALE

1 Gates Terrace Sterling, MA 01564

Estimated Value: $387,000 - $555,000

4 Beds
2 Baths
2,424 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $162,500 $67 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $3,035/month

80 Days on Market

About This Home

As of November 2015

Passing Title V! Do you need space? This 4 bedroom 2 full bath colonial with extra rooms is just the ticket! Lots of room inside with spacious country kitchen, laundry room & bonus rooms. Rural Sterling location with easy commuter access to local highways. Large spacious yard with storage shed. This older home has lots of nooks & crannies! All information received from third party sources, buyer and agent to perform all due diligence. This is a Fannie Mae Home Path Property. First time buyers may receive up to 3% closing cost assistance by completing the Home Path Ready Buyer Homeownership course "Restrictions Apply"

Last Agent to Sell the Property

Susan Rexford

Prospective Realty INC Listed on: 07/14/2015

Last Buyer's Agent

Kali Delorey

RE/MAX Journey

RE/MAX Journey

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,580

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 3.00
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1870

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Basement: Partial

Exterior Features

  • Exterior: Wood
  • Foundation: Irregular

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 1

Lot Info

  • Assessor Parcel Number: M:00156 L:00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Nov 24, 2015
Sold by
Fnma
Bought by
Rivers Daniel J
Seller's Agent
Susan Rexford
Prospective Realty INC
Buyer's Agent
Kali Delorey
RE/MAX Journey
List Price
$189,900
Sold Price
$162,500
Premium/Discount to List
-$27,400
-14.43%
Current Estimated Value
$498,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,556
Avg. Annual Appreciation
12.21%
Original Mortgage
$157,525
Outstanding Balance
$124,581
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$378,602

Purchase Details

Closed on
May 27, 2015
Sold by
Steinbrecher Susan M and Steinbrecher Charles
Bought by
Fnma

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bahn David and Bahn Tracy J
Bought by
Steinbrecher Charles and Doucette Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1996
Sold by
Taylor Fred and Taylor Frances B
Bought by
Bross Carleton R and Bross Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivers Daniel J $162,500 --
Fnma $203,851 --
Steinbrecher Charles $262,500 --
Bross Carleton R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Daniel J $157,525
Previous Owner Steinbrecher Charles J $10,000
Previous Owner Steinbrecher Charles $210,000
Previous Owner Bahn David $65,000
Previous Owner Bahn David $109,000
Previous Owner Taylor Fred $35,000
Previous Owner Taylor Fred $103,000
Previous Owner Taylor Fred $85,500
Previous Owner Taylor Fred $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $162,500 -1.5% $67 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/24/2015 09/24/15 Price Changed $165,000 -5.7% $68 / Sq Ft
08/14/2015 08/14/15 Price Changed $175,000 -7.8% $72 / Sq Ft
07/14/2015 07/14/15 For Sale $189,900 -- $78 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,580 $355,600 $105,200 $250,400
2024 $4,279 $321,500 $105,200 $216,300
2023 $4,535 $317,100 $106,300 $210,800
2022 $3,928 $257,600 $96,400 $161,200
2021 $4,470 $236,800 $94,500 $142,300
2020 $3,517 $209,200 $92,400 $116,800
2019 $3,407 $197,300 $92,400 $104,900
2018 $3,210 $183,000 $86,100 $96,900
2017 $3,015 $167,200 $82,700 $84,500
2016 $2,837 $154,800 $82,700 $72,100
2015 -- $167,500 $87,400 $80,100
2014 $2,743 $162,000 $81,900 $80,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Susan Rexford

    Prospective Realty INC

    (978) 729-3823

    1 in this area

    45 Total Sales

    Susan Rexford
    Section Image
  • Kali Delorey

    Buyer's Agent in 2015

    Kali Delorey

    RE/MAX

    (978) 807-7784

    10 in this area

    185 Total Sales

    Kali Delorey
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71873185

MLS Property Information Network (MLS PIN)

APN: STER-000156-000000-000019

Massachusetts Worcester County Sterling 01564

1 Gates Terrace, Sterling, MA

This home is located at 1 Gates Terrace, Sterling, MA 01564 since 14 July 2015 and is currently estimated at $498,056, approximately $205 per square foot. This property was built in 1870. 1 Gates Terrace is a home located in Worcester County with nearby schools including Wachusett Regional High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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