NOT LISTED FOR SALE

193 Pegan Ln Natick, MA 01760

Estimated Value: $6,177,929

16.3 Acres
$379,014 Price per Acre
710,028 Sq Ft Lot

Last Sold December 29, 2015

Last sale price $3,300,000

Est. 87% increase in value since last sale

Current estimated payment $32,080/month

471 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • 16.3 Acre Lot
  • Natick High School Rated A
  • Scenic Views
  • 2-minute walk to Pegan Hill Reservation

About This Lot

As of December 2015

EXCEPTIONAL ESTATE OPPORTUNITY: Stunning rarely available property, privately situated at the top of Pegan Hill in Natick. The site offers expansive rolling meadows and woodlands with tremendous privacy and panoramic hilltop views that are extraordinarily unique for the Greater Boston area: Mount Monadnock and Wachusett in NH to the north. Additional acreage available with 2 abutting lots in Dover, totaling 46± acres. 25± acres are bound by conservation restrictions, with the remaining 21± acres unrestricted. The property is surrounded by permanently protected conservation land. Most of the developable portions of the offered parcels are cleared. Experience the unrivaled elegance and beauty that defines Pegan Hill.

Last Agent to Sell the Property

Jill Boudreau

eXp Realty Listed on: 06/10/2014

eXp Realty

Last Buyer's Agent

David Rosen

LandVest, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,894

Lot Details

  • 16.3 Acre Lot
  • Elevated Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels

Utilities

  • Natural Gas Not Available
  • Water Source Within 50 Feet
  • Perc Test On File For Septic Tank
  • Private Sewer

Additional Features

  • Scenic Vista Views
  • Property is near schools

Listing and Financial Details

  • Tax Lot 4D

Community Details

Recreation

  • Golf Course Community
  • Community Stables
  • Electricity Available at Street

Additional Features

  • Near Conservation Area
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$34,894

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: an6181
  • MAIN SO: C03800

Exterior Features

  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No

Utilities

  • Sewer: Private Sewer, Perc Test On File
  • Gas: None
  • Electric: Nearby
  • Water Source: Public, Nearby

Condo/Co-op/Association

  • Community Features: Shopping, Stable(s), Golf, Conservation Area, House of Worship, Private School, University

Lot Info

  • Zoning: Res
  • Additional Parcels YN: Yes
  • Farm Land Area Units: Square Feet
  • Lot Features: Elevated, Wooded, Cleared, Gentle Sloping
  • Lot Size Acres: 16.3
  • Lot Size Sq Ft: 710028
  • Lot Size Units: Acres
  • Number Of Lots: 2
  • LOT SIZE: 710028

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 34894
  • Tax Lot: 4D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2016
Sold by
Mass Land Conserv T In
Bought by
Mass Charitable Corp
Current Estimated Value
$6,177,929

Purchase Details

Listed on
Jun 10, 2014
Closed on
Dec 29, 2015
Sold by
193 Pegan Lane Rt
Bought by
Mass Land Conserv T In
Seller's Agent
Jill Boudreau
eXp Realty
Buyer's Agent
David Rosen
LandVest, Inc.
List Price
$3,950,000
Sold Price
$3,300,000
Premium/Discount to List
-$650,000
-16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,000,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2006
Sold by
Pegan Lane T
Bought by
193 Pegan Lane Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mass Charitable Corp -- --
Mass Land Conserv T In $3,300,000 --
193 Pegan Lane Rt $4,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mass Land Conserv T In $1,000,000
Previous Owner 193 Pegan Lane Rt $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $3,300,000 -16.5% --
11/29/2015 11/29/15 Pending -- -- --
06/10/2014 06/10/14 For Sale $3,950,000 -- --
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 $0 $3,352,600 $3,351,300 $1,300
2024 $33,021 $3,214,200 $3,212,900 $1,300
2023 $0 $3,123,700 $3,122,600 $1,100
2022 $0 $2,528,600 $2,527,600 $1,000
2021 $0 $2,424,100 $2,423,100 $1,000
2020 -- $2,345,800 $2,344,800 $1,000
2019 -- $2,345,800 $2,344,800 $1,000
2018 $0 $2,433,400 $2,432,800 $600
2017 $33,021 $2,433,400 $2,432,800 $600
2016 $33,021 $2,433,400 $2,432,800 $600
2015 $33,630 $2,433,400 $2,432,800 $600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71696526

MLS Property Information Network (MLS PIN)

APN: NATI-000079-000000-000004D