NOT LISTED FOR SALE

2 Oetman Way Lancaster, MA 01523

Estimated Value: $1,326,060 - $1,353,000

4 Beds
5 Baths
4,204 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $855,000 $203 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,724/month

91 Days on Market

Highlights

  • City View
  • Landscaped Professionally
  • Wood Flooring
  • Luther Burbank Middle School Rated A-
  • Covered Deck
  • Wine Refrigerator

About This Home

As of October 2019

WELCOME TO PARADISE! Tucked way up off the road in the Sunset Ridge Neighborhood you will discover a livable sculpture.The Developer's own Craftsman style, post & beam beauty with over-sized windows & multiple glass doors situated perfectly to incorporate the incredible views from all angles that will take your breath away.No attention to details spared,endless features & upgrades.Unique & one of a kind, designed with distinction & innovative style. Open floor plan offering generous space & flexibility for your furnishings.Gorgeous Great room w/floor to ceiling windows & power shades, stone fireplace, 24' barrel ceiling & radiant heated floors.Chef's kitchen will appeal to the most discriminating tastes complete with a copper prep sink, 6-burner stove & huge walk-in pantry w/ extra freezer.1st floor master BR suite w/skylights & slider to deck offers bonus room perfect for nursery/office/2nd walk-in closet & spa worthy bathroom! For those who dream of enchanting delights, welcome home!

Last Agent to Sell the Property

Leah Burke

William Raveis R.E. & Home Services Listed on: 05/10/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Barbara Romero

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,508

Year Built

  • Built in 2008

Lot Details

  • Year Round Access
  • Stone Wall
  • Landscaped Professionally

Parking

  • 3 Car Garage

Interior Spaces

  • Central Vacuum
  • Wired For Sound
  • Decorative Lighting
  • Window Screens
  • City Views
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Wine Refrigerator
  • Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Heating System Uses Propane
  • Propane Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Whole House Vacuum System
  • Covered Deck

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:037.0 B:0000 L:0060.C

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,508

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Craftsman
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 220.24
  • Comp Based On: Net Sale Price
  • Year Built: 2008
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Wired for Surround Sound
  • Appliances: Range, Dishwasher, Compactor, Microwave, Refrigerator, Refrigerator - Wine Storage, Freezer - Upright, Vacuum System, Vent Hood
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Dimension: 19X16, Skylight, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Balcony - Exterior, Main Level, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Slider, Closet - Double
  • Bedroom 2: On Level: Second Floor, Dimension: 16X13, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
  • Bedroom 3: On Level: Second Floor, Dimension: 16X15, Ceiling - Cathedral, Ceiling - Beamed, Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
  • Bedroom 4: On Level: Second Floor, Dimension: 18X11, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 14X11, Bathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Handicap Accessible, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Double Vanity, Closet - Double
  • Bathroom 2: On Level: First Floor, Bathroom - Half
  • Bathroom 3: On Level: Second Floor, Dimension: 8X8, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Dimension: 25X17, Ceiling - Coffered, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 33X15, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Breakfast Bar / Nook, Chair Rail, Deck - Exterior, Open Floor Plan, Recessed Lighting, Slider, Stainless Steel Appliances, Walk-in Storage, Wine Chiller, Gas Stove, Lighting - Pendant, Beadboard
  • Laundry: On Level: First Floor, Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level, Cabinets - Upgraded, Recessed Lighting
  • Living Room: On Level: First Floor, Dimension: 15X13, Flooring - Hardwood, Chair Rail, Recessed Lighting, Crown Molding
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out
  • Other Room 1: Name: Great Room, On Level: First Floor, Dimension: 23X20, Fireplace, Ceiling - Cathedral, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Exterior Access, Open Floor Plan, Recessed Lighting
  • Other Room 2: Name: Office, On Level: Second Floor, Dimension: 24X8, Flooring - Hardwood, Window(s) - Picture
  • Other Room 3: Name: Exercise Room, On Level: Basement, Dimension: 15X15, Cable Hookup
  • Other Room 4: Name: Play Room, On Level: Basement, Dimension: 49X17, Closet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting, Slider
  • Other Room 5: Name: Bathroom, On Level: Basement, Dimension: 8X7, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Other Room 6: On Level: First Floor
  • Main Lo: M59500
  • Main So: K95580
  • Estimated Sq Ft: 4204.00

Exterior Features

  • Construction: Frame, Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Fiber Cement Siding
  • Exterior Features: Deck - Composite, Covered Patio/Deck, Professional Landscaping, Decorative Lighting, Screens, City View(s), Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 30
  • Garage Parking: Attached, Garage Door Opener, Heated, Storage, Work Area, Side Entry, Insulated
  • Garage Spaces: 3

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 4
  • Heating: Forced Air, Radiant, Propane
  • Heat Zones: 4
  • Hot Water: Propane Gas
  • Utility Connections: for Gas Range, Icemaker Connection, Generator Connection

Condo/Co-op/Association

  • Amenities: Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, House of Worship, Private School, Public School

Schools

  • Elementary School: Lancaster
  • Middle School: Lancaster
  • High School: Nashoba Reg.

Lot Info

  • Assessments: 788300.00
  • Acre: 8.65
  • Lot Size: 376794.00
  • Page: 389
  • Parcel Number: M:037.0 B:0000 L:0060.C
  • Zoning: Res
  • Lot Description: Wooded, Paved Drive, Easements, City View(s), Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Storm Doors, Prog. Thermostat, Backup Generator

Tax Info

  • Taxes: 15569.00
  • Assessor Parcel Number: 4529486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 24, 2019
Sold by
Oetman Linda L and Oetman Roger A
Bought by
Doran Brian D and Cleary Kathleen M
Seller's Agent
Leah Burke
William Raveis R.E. & Home Services
Buyer's Agent
Barbara Romero
Compass
List Price
$925,900
Sold Price
$855,000
Premium/Discount to List
-$70,900
-7.66%
Current Estimated Value
$1,338,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,687
Avg. Annual Appreciation
7.73%
Original Mortgage
$684,000
Outstanding Balance
$597,895
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$740,792

Purchase Details

Closed on
Nov 20, 2012
Sold by
Oetman Linda
Bought by
Twin Valley Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2006
Sold by
Cravedi Constr Inc
Bought by
Young Mary P

Purchase Details

Closed on
Oct 3, 2005
Sold by
Oetman Linda L
Bought by
Melanson Bros Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Melanson Bros Inc
Bought by
Cravedi Constr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Oetman Linda L
Bought by
Melanson Bros Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Doran Brian D $855,000 --
Twin Valley Homes Inc $750,000 --
Twin Valley Homes Inc $750,000 --
Young Mary P $819,384 --
Melanson Bros Inc $225,000 --
Cravedi Constr Inc $305,000 --
Melanson Bros Inc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doran Brian D $684,000
Previous Owner Twin Valley Homes Inc $787,500
Previous Owner Melanson Bros Inc $157,500
Previous Owner Cravedi Constr Inc $629,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $855,000 -7.7% $203 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $925,900 -- $220 / 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 $19,508 $1,207,200 $209,900 $997,300
2024 $19,536 $1,118,900 $209,900 $909,000
2023 $18,175 $1,057,300 $189,900 $867,400
2022 $18,439 $948,000 $184,000 $764,000
2021 $6,794 $908,900 $184,000 $724,900
2020 $17,250 $869,000 $184,000 $685,000
2019 $5,389 $788,300 $184,000 $604,300
2018 $14,745 $738,000 $184,000 $554,000
2016 $13,298 $680,200 $182,600 $497,600
2015 $12,502 $666,400 $179,900 $486,500
2014 $12,004 $634,800 $179,900 $454,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72497658

MLS Property Information Network (MLS PIN)

APN: LANC-000370-000000-000060C