$260,000
SOLD DEC 28, 2022

Oak Terrace Condominiums 1321 Worcester Rd Unit 511 Framingham, MA 01701

1 Bed
1 Bath
768 Sq Ft
$394/mo HOA Fee

Recently Sold

$339 Per Sq Ft

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Balcony
  • In Ground Pool
  • Elevator
  • Intercom

About This Home

As of December 2022

This 5th Floor condo in the Tower at Oak Terrace is pet friendly . This spacious 1 Bed/1Bath unit is only a short distance from both the Mass Pike and Rt 495. The large living room is open to your dining area and just off the cabinet loaded kitchen that features updated appliances and a corner counter and storage area. The spacious bedroom with fit a King Sized bed and features double closets and its' own wall unit a/c. This location features an onsite gym, ingroud pool, storage, grilling area and a play area. Make this upper level condo your new home!!

Last Agent to Sell the Property

THE LASH GROUP

Keller Williams Boston MetroWest Listed on: 11/29/2022

Keller Williams Boston MetroWest

Co-Listed By

Barry Henley

Keller Williams Boston MetroWest

Last Buyer's Agent

Mark Galante

Mark Galante, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1967

HOA Fees

  • $394 Monthly HOA Fees

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Cooling Zones
  • 3 Heating Zones
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:098 B:83 L:9386 U:059,499174

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, trash
  • 160 Units
  • Mid-Rise Condominium

Amenities

  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,826

Year Built

Built in 1967

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1967
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Basement: N
  • Living Area: 768
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN5720
  • LIST PRICE PER Sq Ft: 338.54
  • PRICE PER Sq Ft: 338.54
  • MAIN SO: AN7382

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Association, In Ground
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s), Playground, Fitness Center
  • Association Fee: 394
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Pool, Laundromat, Highway Access
  • UNIT BUILDING: 511
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:098 B:83 L:9386 U:059,499174
  • Zoning: Condo
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 245
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2826
  • Tax Book Number: 58607

Multi Family

  • Number Of Units Total: 160
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 2, 2012
Sold by
Est Donovan Maryanne L and Rochette Diane
Bought by
Marotta Shirley
Seller's Agent
Mary Rose Wells
Realty Executives Boston West
Buyer's Agent
Debbie Chase
Coldwell Banker Realty - Framingham
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$304,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,085
Avg. Annual Appreciation
7.12%
Original Mortgage
$90,000
Outstanding Balance
$62,076
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$242,009

Purchase Details

Closed on
May 1, 2001
Sold by
Wilkins Michael F and Assa Carolyn R
Bought by
Donovan Maryanne

Purchase Details

Closed on
Aug 9, 1990
Sold by
Framingham Reservr Rt
Bought by
Wilkins Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.04%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Fiduciary Deed $120,000 --
Deed $130,000 --
Deed $63,050 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $55,350 No Value Available
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $260,000 0.0% $339 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $260,000 +116.7% $339 / Sq Ft
03/02/2012 03/02/12 Sold $120,000 -4.0% $157 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $125,000 -- $163 / 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 $2,944 $246,600 $0 $246,600
2024 $3,161 $253,700 $0 $253,700
2023 $2,943 $224,800 $0 $224,800
2022 $2,826 $205,700 $0 $205,700
2021 $2,731 $194,400 $0 $194,400
2020 $2,762 $184,400 $0 $184,400
2019 $2,656 $172,700 $0 $172,700
2018 $2,698 $165,300 $0 $165,300
2017 $2,740 $164,000 $0 $164,000
2016 $2,716 $156,300 $0 $156,300
2015 $2,468 $138,500 $0 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73061267

MLS Property Information Network (MLS PIN)

APN: FRAM-000098-000083-009386-000059