NOT LISTED FOR SALE

40 Burbank Ln Lancaster, MA 01523

Estimated Value: $781,000 - $804,391

4 Beds
3 Baths
2,912 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $425,000 $146 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,062/month

184 Days on Market

About This Home

As of June 2017

PRICE APPROVED! Newer colonial in a premier setting in Lancaster! Cul-de-sac location and set back from the road to maximize the privacy of the 3.62 acres. 4 beds, 2.5 baths and nearly 3000 sq feet that includes a full Master Suite with private bath, first floor office, formal dining room and family room. Large kitchen features a center island that can seat 6 people. Custom kitchen with granite counters has expanded features to include a pantry, wine rack and china cabinet. Additional seating area with wood burning fireplace with easy access to the back deck through the sliders really makes this a space to be in! The upper level features generous bedrooms with a full Master Suite that includes a walk-in closet and private bath with Jacuzzi tub. Additional space can be had in the unfinished walk up attic or unfinished walk out basement. Central a/c, workshop and 2 car garage!

Last Agent to Sell the Property

Amy Mullen

RE/MAX Prof Associates Listed on: 09/28/2016

Last Buyer's Agent

Genevieve Botelho

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • 3.69

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, Paved Drive, Cleared, Gentle Slope, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2002

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: 200 Amps
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Interior Amenities: Cable Available, Walk-up Attic
  • Basement: Full, Walk Out, Interior Access, Garage Access, Concrete Floor
  • Bedroom 2: Second Floor, 12X13
  • Bedroom 3: Second Floor, 14X11
  • Bedroom 4: Second Floor, 12X13
  • Bathroom #1: First Floor, 5X8
  • Bathroom #2: Second Floor, 9X7
  • Bathroom #3: Second Floor, 17X10
  • Kitchen: First Floor, 14X13
  • Laundry Room: Second Floor, 5X10
  • Living Room: First Floor, 15X13
  • Master Bedroom: Second Floor, 15X21
  • Master Bedroom Description: Bathroom - Full, Ceiling - Cathedral, Closet - Walk-in, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Hot Tub / Spa
  • Dining Room: First Floor, 14X13
  • Family Room: First Floor, 22X21
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth1 Room Name: Home Office
  • Oth1 Dimen: 12X13
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth2 Room Name: Bonus Room
  • Oth2 Dimen: 34X11
  • Oth2 Dscrp: French Doors, Exterior Access
  • Oth3 Room Name: Bonus Room
  • Oth3 Dimen: 23X15
  • Main Lo: K01527
  • Main So: AN2314
  • Estimated Sq Ft: 2912.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Deck - Composite, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Under
  • Garage Spaces: 2
  • Parking Spaces: 8

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Zoning: R
  • Lot: 0080
  • Acre: 3.69
  • Lot Size: 160736.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jun 20, 2017
Sold by
Cunningham Barbara A and Knipe Robert W
Bought by
Garcia Juan and Garcia Amber
Seller's Agent
Amy Mullen
RE/MAX Prof Associates
Buyer's Agent
Genevieve Botelho
Lamacchia Realty, Inc.
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$791,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,848
Avg. Annual Appreciation
7.52%
Original Mortgage
$340,000
Outstanding Balance
$282,809
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$509,039

Purchase Details

Closed on
Aug 9, 2004
Sold by
Cunningham Barbara A
Bought by
Burbank Rt

Purchase Details

Closed on
Jan 16, 2004
Sold by
Burbank Rt
Bought by
Cunningham Barbara A
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
Garcia Juan $425,000 --
Burbank Rt -- --
Cunningham Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Juan $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2017 06/20/17 Sold $425,000 0.0% $146 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $425,000 0.0% $146 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/23/2017 01/23/17 Price Changed $425,000 0.0% $146 / Sq Ft
01/23/2017 01/23/17 For Sale $425,000 0.0% $146 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $424,999 -- $146 / 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 $11,553 $714,900 $140,100 $574,800
2024 $11,459 $656,300 $131,100 $525,200
2023 $10,680 $621,300 $120,100 $501,200
2022 $10,454 $537,500 $120,300 $417,200
2021 $10,312 $516,100 $120,300 $395,800
2020 $10,068 $507,200 $120,300 $386,900
2019 $9,672 $489,700 $120,300 $369,400
2018 $9,171 $459,000 $120,300 $338,700
2016 $8,279 $423,500 $119,300 $304,200
2015 $7,722 $411,600 $119,300 $292,300
2014 $7,573 $400,500 $119,300 $281,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72073842

MLS Property Information Network (MLS PIN)

APN: LANC-000300-000000-000800