NOT LISTED FOR SALE

268 Sterling St Lancaster, MA 01523

Estimated Value: $414,000 - $452,000

3 Beds
1.5 Baths
1,248 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $360,000 $288 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,697/month

137 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Luther Burbank Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of April 2023

Amazing opportunity to settle down in the beautiful, quaint town of Lancaster! This open concept ranch features a huge master with 1/2 bath and french doors leading to the nice sized backyard! The open concept kitchen/living features hardwood floors and big windows which brings in a ton of natural light. You have 2 options for laundry - upstairs on the main floor or downstairs in the basement. Speaking of, this basement is already studded out and could potentially give you another ~ 1000sqft of living area! So many options for this home, just bring some tools and put your finishing touches on it! Minutes to shopping, restaurants, major routes as well as Wachusett Reservoir.

Last Agent to Sell the Property

Jeffrey Incutto

BA Property & Lifestyle Advisors Listed on: 10/19/2022

Last Buyer's Agent

Oliveiros Salles

Vega Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Home Design

  • 1,248 Sq Ft Home
  • Ranch Style House
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:040.0 B:0000 L:0050.0,3763375

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished, Garage Access, Sump Pump
  • Living Area: 1248
  • MAIN LO: AN7401
  • MAIN SO: AN5110

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Under
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship

Lot Info

  • Parcel Number: M:040.0 B:0000 L:0050.0,3763375
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10934
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4435

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Apr 17, 2023
Sold by
Carmichael Jason P
Bought by
Myers Jonah H and Myers Jessica S
Seller's Agent
Jeffrey Incutto
BA Property & Lifestyle Advisors
Buyer's Agent
Oliveiros Salles
Vega Realty, LLC
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%
Views
768
Current Estimated Value
$432,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,189
Avg. Annual Appreciation
7.31%
Original Mortgage
$342,000
Outstanding Balance
$331,875
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,314

Purchase Details

Closed on
Oct 16, 2006
Sold by
Polack Magda H
Bought by
Carmichael Jason Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Myers Jonah H $360,000 None Available
Carmichael Jason Philip $237,500 --
Carmichael Jason Philip $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Jonah H $342,000
Previous Owner Carmichael Jason Philip $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2023 04/18/23 Sold $360,000 +3.2% $288 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $349,000 0.0% $280 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $349,000 -6.9% $280 / Sq Ft
10/19/2022 10/19/22 For Sale $374,900 -- $300 / 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 $5,176 $320,300 $92,800 $227,500
2024 $5,289 $302,900 $84,400 $218,500
2023 $4,853 $282,300 $76,700 $205,600
2022 $4,435 $228,000 $71,900 $156,100
2021 $4,324 $216,400 $71,900 $144,500
2020 $4,458 $224,600 $71,900 $152,700
2019 $4,017 $203,400 $71,900 $131,500
2018 $3,684 $184,400 $71,900 $112,500
2016 $3,400 $173,900 $71,200 $102,700
2015 $3,259 $173,700 $71,200 $102,500
2014 $3,281 $173,500 $71,200 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73050098

MLS Property Information Network (MLS PIN)

APN: LANC-000400-000000-000500