NOT LISTED FOR SALE

31 University Ln Manchester, MA 01944

Estimated Value: $1,372,000 - $1,665,000

4 Beds
3 Baths
2,745 Sq Ft
$545/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $875,000 $319 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,866/month

119 Days on Market

About This Home

As of July 2018

Meticulously cared for home with potential for single floor living, just steps to Black & White Beach. Privately situated on a spectacular lot in an estate setting, surrounded by landscaped grounds with custom stone work & lighting. Updated home with bright, open floor plan, vaulted ceilings, dramatic windows & cozy fireplace in main living area. Delight in views from the french doors to the wrap-around deck, perched above sprawling, tranquil lawn. Master with en-suite bath, wall of closets, built-ins & private pea stone patio. A renovated kitchen with attached 2 car garage, 2 additional bedrooms & second bath complete 1st floor. Downstairs includes 4th bedroom, generous storage room, 2 bonus rooms, 1/2 bath, fireplace & outdoor access. Just a few of many updates: new windows, roof, boiler, cedar shingle siding & quaint potting shed. Truly a special place- NOT A DRIVE BY! easy to show

Last Agent to Sell the Property

Jeremy McElwain

Keller Williams Realty Evolution Listed on: 02/12/2018

Keller Williams Realty Evolution

Last Buyer's Agent

Julie Smith

Engel & Volkers By the Sea

Engel & Volkers By the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,181

Year Built

  • Built in 1956

Lot Details

  • 0.64

Parking

  • 2 Car Garage

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Private Sewer

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0005 B:0000 L:0052

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,181

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 342.08
  • Comp Based On: Net Sale Price
  • Year Built: 1956
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Fireplaces: 2
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: C95098
  • Main So: an4733
  • Estimated Sq Ft: 2745.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Exterior: Wood

Garage/Parking

  • Parking Spaces: 10
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Heating: Hot Water Baseboard, Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station

Schools

  • Elementary School: Memorial
  • Middle School: Manchester
  • High School: Manchester-Esse

Lot Info

  • Assessments: 725400.00
  • Acre: 0.64
  • Lot Size: 27749.00
  • Page: 363
  • Parcel Number: M:0005 B:0000 L:0052
  • Zoning: C
  • Lot Description: Corner

Tax Info

  • Taxes: 7979.00
  • Assessor Parcel Number: 2016180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Sepich Colleen K and Sepich Jonathan P
Bought by
Sepich Ft
Total Days on Market
119
Current Estimated Value
$1,495,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$357,654
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,096,374

Purchase Details

Closed on
Dec 7, 2019
Sold by
Sepich Colleen K and Sepich Jonathan P
Bought by
Sepich Ft

Purchase Details

Closed on
Sep 28, 2006
Sold by
Bambara Ellen O and Bambara George C
Bought by
Sanders David Sean and Sanders Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,600
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Innovative Prop
Bought by
Sanders Paula J and Sanders David Sean
Source: Public Records

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Range of Values:

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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
Sepich Ft -- None Available
Sepich Colleen K -- None Available
Sepich Ft -- None Available
Sanders David Sean $652,000 --
Sanders Paula J $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepich Ft $427,000
Previous Owner Sepich Colleen K $443,000
Previous Owner Sepich Colleen K $446,800
Previous Owner Sepich Colleen K $450,000
Previous Owner Sanders David S $164,000
Previous Owner Bambara George C $89,766
Previous Owner Bambara George C $521,600
Previous Owner Bambara George C $97,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $875,000 -6.8% $319 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $939,000 -- $342 / 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 $11,181 $1,222,000 $545,500 $676,500
2024 $10,498 $1,122,800 $526,000 $596,800
2023 $10,128 $971,000 $467,500 $503,500
2022 $9,728 $917,700 $428,600 $489,100
2021 $10,086 $917,700 $428,600 $489,100
2020 $9,433 $806,200 $360,400 $445,800
2019 $8,238 $733,600 $350,700 $382,900
2018 $8,092 $733,600 $350,700 $382,900
2017 $7,979 $725,400 $350,700 $374,700
2016 $7,108 $642,100 $311,700 $330,400
2015 $6,008 $554,200 $311,700 $242,500
Source: Public Records

Agents Affiliated with this Home

  • Jeremy McElwain

    Seller's Agent in 2018

    Jeremy McElwain

    Keller Williams Realty Evolution

    (617) 413-6519

    1 in this area

    61 Total Sales

    Jeremy McElwain
    Section Image
  • Julie Smith

    Buyer's Agent in 2018

    Julie Smith

    Engel & Volkers By the Sea

    (978) 865-1198

    5 in this area

    30 Total Sales

    Julie Smith
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72280416

MLS Property Information Network (MLS PIN)

APN: MANC-000005-000000-000052

Massachusetts Essex County Manchester-by-the-Sea

31 University Ln, Manchester-by-the-Sea, MA

This home is located at 31 University Ln, Manchester, MA 01944 since 12 February 2018 and is currently estimated at $1,495,143, approximately $544 per square foot. This property was built in 1956. 31 University Ln is a home located in Essex County with nearby schools including Manchester Essex Regional High School, Tara Montessori School, and Landmark Elementary & Middle School.

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