NOT LISTED FOR SALE

Oak Terrace Condominiums 1321 Worcester Rd Unit 506 Framingham, MA 01701

West Framingham Neighborhood

Estimated Value: $277,000 - $324,000

1 Bed
1 Bath
759 Sq Ft
4.84 Acres

Last Sold October 31, 2018

Last sale price $205,000 $270 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,839/month

165 Days on Market

About This Home

As of October 2018

Welcome to the Tower at Oak Terrace Condos , this unique Unit sits up-High on the 5th Floor Facing South and overlooking the Pool . Offers Balcony in-ground Pool with Common Picnic Area , Well Equipped Exercise Room with Sauna , the Laundry is just around the Corner , Two Elevators and Two Parking Spaces to meet Todays Lifestyle.

Last Agent to Sell the Property

Tony Cabral

Coldwell Banker Realty - Framingham Listed on: 04/19/2018

Coldwell Banker Realty - Framingham

Last Buyer's Agent

Pamela Bathen

Oak Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1967

Lot Details

  • 4.84

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:098 B:83 L:9386 U:054

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,841

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 276.55
  • Comp Based On: Net Sale Price
  • Year Built: 1967
  • Lead Paint: Unknown
  • Unit Building: 506
  • Unit Level: 5
  • Unit Placement: Upper, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1967

Interior Features

  • Flooring: Wood Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: Dimension: 12X13, Closet, Flooring - Laminate, Main Level
  • Full Bathrooms: 1
  • Bathroom 1: Dimension: 05X14, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Dining Room: Dimension: 11X12, Flooring - Laminate, Open Floor Plan
  • Kitchen: Dimension: 09X11, Flooring - Stone/Ceramic Tile, Main Level, Cabinets - Upgraded, Open Floor Plan
  • Living Room: Dimension: 11X16, Flooring - Laminate, Balcony / Deck, Cable Hookup, Open Floor Plan
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: E95039
  • Estimated Sq Ft: 759.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Insulation Feature: Full, Fiberglass
  • Exterior Unit Features: Balcony
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps
  • Sewage District: Fram.
  • Cooling: Wall AC
  • Heating: Electric Baseboard
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Shopping, Swimming Pool, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Fees: 292.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - On Site, Owner Association

Association/Amenities

  • Condominium Name: Oak Terrace Tower Condos

Lot Info

  • Assessments: 164700.00
  • Page: 136
  • Parcel Number: M:098 B:83 L:9386 U:054
  • Zoning: Condo

Tax Info

  • Taxes: 2688.00
  • Assessor Parcel Number: 499174

Multi Family

  • No Units: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Oct 31, 2018
Sold by
Mediterranean Avenue R
Bought by
Pease Raymond W
Seller's Agent
Tony Cabral
Coldwell Banker Realty - Framingham
Buyer's Agent
Pamela Bathen
Oak Realty
List Price
$227,000
Sold Price
$205,000
Premium/Discount to List
-$22,000
-9.69%
Total Days on Market
165
Current Estimated Value
$301,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,794
Avg. Annual Appreciation
6.05%

Purchase Details

Listed on
May 15, 2013
Closed on
Aug 1, 2013
Sold by
Abezgauz Eugene
Bought by
Mediterranean Ave Rlty
Seller's Agent
Michael Fiman
FFT Realty Associates, Inc.
Buyer's Agent
Tony Cabral
Coldwell Banker Realty - Framingham
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Ferrari Peter C and Ferrari Tanya M
Bought by
Abezgauz Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Mbks Rt and Tr Maribeth P Hedg
Bought by
Ferrari Peter C and Ferrari Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,900
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1990
Sold by
Framingham Reservr Rt
Bought by
Crowe Philip J
Source: Public Records

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Range of Values:

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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
Pease Raymond W $205,000 --
Mediterranean Ave Rlty $145,000 --
Abezgauz Eugene $177,000 --
Ferrari Peter C $154,500 --
Crowe Philip J $62,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mediterranean Ave Rlty $70,000
Previous Owner Crowe Philip J $147,000
Previous Owner Abezgauz Eugene $155,000
Previous Owner Abezgauz Eugene $10,000
Previous Owner Abezgauz Eugene $161,000
Previous Owner Ferrari Peter C $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $205,000 -2.3% $270 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/12/2018 09/12/18 Price Changed $209,900 -2.3% $277 / Sq Ft
08/03/2018 08/03/18 Price Changed $214,900 -2.3% $283 / Sq Ft
06/19/2018 06/19/18 Price Changed $219,900 -3.1% $290 / Sq Ft
04/19/2018 04/19/18 For Sale $227,000 0.0% $299 / Sq Ft
01/09/2014 01/09/14 Rented $1,100 -13.7% --
12/10/2013 12/10/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $1,275 0.0% --
07/31/2013 07/31/13 Sold $145,000 -2.7% $191 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $149,000 -- $197 / 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 $2,841 $237,900 $0 $237,900
2024 $3,045 $244,400 $0 $244,400
2023 $2,931 $223,900 $0 $223,900
2022 $2,815 $204,900 $0 $204,900
2021 $2,720 $193,600 $0 $193,600
2020 $2,752 $183,700 $0 $183,700
2019 $2,647 $172,100 $0 $172,100
2018 $2,688 $164,700 $0 $164,700
2017 $2,730 $163,400 $0 $163,400
2016 $2,706 $155,700 $0 $155,700
2015 $2,452 $137,600 $0 $137,600
Source: Public Records

Agents Affiliated with this Home

  • Tony Cabral

    Seller's Agent in 2018

    Tony Cabral

    Coldwell Banker Realty - Framingham

    (508) 935-5064

    35 Total Sales

    Tony Cabral
    Section Image
  • Pamela Bathen

    Buyer's Agent in 2018

    Pamela Bathen

    Oak Realty

    (508) 309-0808

    63 Total Sales

    Pamela Bathen
    Section Image
  • Michael Fiman

    Seller's Agent in 2013

    Michael Fiman

    FFT Realty Associates, Inc.

    (617) 699-6279

    1 Total Sale

    Michael Fiman
    Section Image
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About Oak Terrace Condominiums

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72311941

MLS Property Information Network (MLS PIN)

APN: FRAM-000098-000083-009386-000054

Massachusetts Middlesex County Framingham 01701 West Framingham

1321 Worcester Rd Unit 506, Framingham, MA

This home is located at 1321 Worcester Rd Unit 506, Framingham, MA 01701 since 19 April 2018 and is currently estimated at $301,794, approximately $397 per square foot. This property was built in 1967. 1321 Worcester Rd Unit 506 is a home located in Middlesex County with nearby schools including Framingham High School, Summit Montessori School, and Saint Bridget School.

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