NOT LISTED FOR SALE

245 Tower Rd Lincoln, MA 01773

Estimated Value: $1,783,299 - $2,094,000

4 Beds
3 Baths
3,006 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $1,150,000 $383 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,544/month

10 Days on Market

About This Home

As of June 2013

High atop 1.87 acres, this dramatic Contemporary is perched to view flora and fauna. Open and spacious with magnificent fireplaced living room and large dining room. Over sized master bedroom with bath, three additional large bedrooms, family room and eat-in kitchen complete this light filled property. A commuter's dream location!

Last Listed By

Sheila Harding

Barrett Sotheby's International Realty License #449502785 Listed on: 04/12/2013

Home Details

Home Type

Single Family

Est. Annual Taxes

$211

Year Built

1983

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System
  • Basement: Full
  • Bedroom 2: Second Floor, 18X13
  • Bedroom 3: Second Floor, 17X14
  • Bedroom 4: First Floor, 12X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 23X11
  • Laundry Room: First Floor, 8X8
  • Living Room: First Floor, 21X13
  • Master Bedroom: Second Floor, 21X15
  • Master Bedroom Description: Bathroom - Full, Flooring - Hardwood
  • Dining Room: First Floor, 16X13
  • Family Room: First Floor, 20X14

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 6, 2013
Sold by
Luthan Rt
Bought by
Bitter Hans M and Bitter Catherine S
Seller's Agent
Sheila Harding
Barrett Sotheby's International Realty
Buyer's Agent
Phyllis Maurer
Barrett Sotheby's International Realty
List Price
$1,075,000
Sold Price
$1,150,000
Premium/Discount to List
$75,000
6.98%
Total Days on Market
10
Current Estimated Value
$1,889,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,575
Avg. Annual Appreciation
4.13%
Original Mortgage
$900,000
Outstanding Balance
$649,307
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,217,943

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
Bitter Hans M $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitter Hans M $900,000
Previous Owner Greco Carmine A $500,000
Previous Owner Luthan Rt $203,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $1,150,000 +7.0% $383 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $1,075,000 -- $358 / 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 $211 $1,649,800 $779,400 $870,400
2024 $20,625 $1,600,100 $764,200 $835,900
2023 $19,822 $1,424,000 $703,800 $720,200
2022 $18,583 $1,244,700 $636,300 $608,400
2021 $17,697 $1,140,300 $563,100 $577,200
2020 $17,363 $1,130,400 $563,100 $567,300
2019 $15,768 $1,123,900 $545,400 $578,500
2018 $15,285 $1,123,900 $545,400 $578,500
2017 $14,266 $1,041,300 $514,800 $526,500
2016 $14,201 $1,015,100 $499,500 $515,600
2015 $13,638 $963,800 $462,500 $501,300
2014 $11,841 $821,700 $414,300 $407,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71508387

MLS Property Information Network (MLS PIN)

APN: LINC-000190-000000-000012