NOT LISTED FOR SALE

Estimated Value: $1,501,000 - $1,897,000

3 Beds
4 Baths
3,300 Sq Ft
0.3 Acres

Last Sold November 29, 2017

Last sale price $1,327,500 $402 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,856/month

23 Days on Market

About This Home

As of November 2017

This newly constructed Modern/Farmhouse style townhouse features over 3,300 sq. ft. of open living space, private fenced in outdoor patio/grass area and a two car garage. The first floor has a large foyer and separate mudroom directly off of the garage entry, open kitchen, dinning, family room with direct access to a private patio make this great for indoor/outdoor entertaining. The second floor features a master suite with walk-in closet and two other bedrooms, family bath and a laundry room. The lower level has a full bathroom and open play space. This is a fantastic commuter location with quick access to Route 128 , Mass Pike and walk to express bus and commuter train. Walk to shops, coffee, restaurants, grocery and more.

Last Agent to Sell the Property

MB Associates

Coldwell Banker Realty - Newton Listed on: 09/06/2017

Coldwell Banker Realty - Newton

Last Buyer's Agent

MB Associates

Coldwell Banker Realty - Newton Listed on: 09/06/2017

Coldwell Banker Realty - Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 29, 2017
Sold by
Melrose Street 261 Llc
Bought by
Baumgartner Erin D and Baumgartner Kenneth J
Seller's Agent
MB Associates
Coldwell Banker Realty - Newton
Buyer's Agent
MB Associates
Coldwell Banker Realty - Newton
List Price
$1,395,000
Sold Price
$1,327,500
Premium/Discount to List
-$67,500
-4.84%
Total Days on Market
23
Current Estimated Value
$1,699,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,728
Avg. Annual Appreciation
3.34%
Original Mortgage
$988,125
Outstanding Balance
$840,345
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$858,883

Purchase Details

Closed on
Aug 17, 2015
Sold by
Cole Jeremy and Cole Gail
Bought by
Melrose Street 261 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,742,750
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2013
Sold by
261 Melrose Street Rt
Bought by
Cole Jeremy and Cole Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.38%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Horlick Robert C and Horlick Ruth C
Bought by
261 Melrose Street Rt
Source: Public Records

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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
Baumgartner Erin D $1,327,500 --
Melrose Street 261 Llc $825,000 --
Cole Jeremy -- --
261 Melrose Street Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumgartner Kenneth J $567,000
Open Baumgartner Erin D $988,125
Previous Owner Melrose Street 261 Llc $1,742,750
Previous Owner Cole Jeremy $465,000
Previous Owner Horlick Tr Robert C $150,000
Previous Owner 261 Melrose Street Rt $35,000
Previous Owner 261 Melrose St Rt $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $1,327,500 -4.8% $402 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $1,395,000 -- $423 / 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 $15,803 $1,612,500 $0 $1,612,500
2024 $15,279 $1,565,500 $0 $1,565,500
2023 $15,009 $1,474,400 $0 $1,474,400
2022 $14,772 $1,404,200 $0 $1,404,200
2021 $14,254 $1,324,700 $0 $1,324,700
2020 $13,830 $1,324,700 $0 $1,324,700
2019 $13,440 $1,286,100 $0 $1,286,100
2018 $10,702 $989,100 $500,000 $489,100
2017 $7,153 $643,300 $458,700 $184,600
2016 $6,716 $590,200 $420,800 $169,400
2015 $6,404 $551,600 $393,300 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72224216

MLS Property Information Network (MLS PIN)

APN: NEWT-000041-000014-000008