NOT LISTED FOR SALE

40 Fountain Ln Unit 2 South Weymouth, MA 02190

Estimated Value: $339,000 - $360,000

2 Beds
1.5 Baths
961 Sq Ft
$398/mo HOA Fee

Last Sold November 15, 2023

Last sale price $335,000 $349 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,617/month

5 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Property is near public transit
  • Medical Services
  • Deck
  • Solid Surface Countertops

About This Home

As of November 2023

Welcome to the sought-after Fountain Lane Condominium Complex! This 2-bed,1.5-bath condo is a true gem. Oversized living area provides ample space for comfortable living, and the seller's thoughtful renovations have truly elevated this unit. Step into the kitchen, where a clever redesign has created a more open atmosphere. Granite countertops, new stove and microwave, and fresh kitchen floors make this space more modern. The full bath has undergone a stunning transformation with new wallpaper, vanity, upgraded flooring, and a reglazed shower and tub. Both bedrooms are generously sized, with the primary bedroom boasting a walk-in closet and a brand new washer and dryer for convenience, a rarity in many units here. Not one but two assigned parking spots! But the real selling point is the location! Situated in close proximity to a plethora of restaurants, stores, medical facilities, and major highways, this condo offers the lifestyle you've been searching for!

Last Agent to Sell the Property

Jennifer Eaton

ALANTE Real Estate License #455023831 Listed on: 10/10/2023

Last Buyer's Agent

John Tinger

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1968 | Remodeled

HOA Fees

  • $398 Monthly HOA Fees

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Exterior Basement Entry
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Heating Zone
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:49 B:559 L:0124002,284290

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 14 Units
  • Low-Rise Condominium
  • Fountain Lane Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,884

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1968
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer/Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Ceiling Fan(s), Closet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Bathroom - 1/4, Ceiling Fan(s), Walk-In Closet(s), Flooring - Laminate
  • Room Master Bedroom Level: Main
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Flooring - Laminate
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
  • Laundry Features: In Unit
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Laminate, Cable Hookup, Deck - Exterior, Exterior Access, Slider
  • Basement: N
  • Living Area: 961
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN0279
  • LIST PRICE PER Sq Ft: 332.88
  • PRICE PER Sq Ft: 348.6
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Storage
  • Association Fee: 398
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:49 B:559 L:0124002,284290
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 49
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2884
  • Tax Book Number: 559

Multi Family

  • Number Of Units Total: 14
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 13, 2023
Sold by
Schulze Chandra H
Bought by
40 Fountain Lane Rt and Rodrigues
Seller's Agent
Jennifer Eaton
ALANTE Real Estate
Buyer's Agent
John Tinger
LAER Realty Partners
List Price
$319,900
Sold Price
$335,000
Premium/Discount to List
$15,100
4.72%
Total Days on Market
5
Views
54
Current Estimated Value
$349,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,744
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jun 13, 2019
Sold by
Ghuman Shahid
Bought by
Ghuman Shahid and Ghumman Sundus S

Purchase Details

Closed on
Sep 30, 1999
Sold by
Heavey Michael J and Heavey Jane
Bought by
Olson Kenneth W and Olson Karl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
40 Fountain Lane Rt $335,000 None Available
Ghuman Shahid -- --
Olson Kenneth W $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulze Chandra H $4,882
Previous Owner Schulze Chandra H $281,300
Previous Owner Mcniff Sandi A $176,000
Previous Owner Olson Kenneth W $162,900
Previous Owner Olson Kenneth W $128,000
Previous Owner Olson Kenneth W $101,500
Previous Owner Olson Kenneth W $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $335,000 +4.7% $349 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $319,900 +10.3% $333 / Sq Ft
02/26/2021 02/26/21 Sold $290,000 +3.6% $302 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $279,999 +55.6% $291 / Sq Ft
09/27/2017 09/27/17 Sold $180,000 0.0% $187 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/29/2017 07/29/17 Price Changed $180,000 0.0% $187 / Sq Ft
07/29/2017 07/29/17 For Sale $180,000 +20.8% $187 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $149,000 -- $155 / 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 $3,174 $314,300 $0 $314,300
2024 $3,046 $296,600 $0 $296,600
2023 $2,884 $276,000 $0 $276,000
2022 $2,851 $248,800 $0 $248,800
2021 $2,524 $215,000 $0 $215,000
2020 $2,420 $203,000 $0 $203,000
2019 $2,302 $189,900 $0 $189,900
2018 $2,200 $176,000 $0 $176,000
2017 $2,074 $161,900 $0 $161,900
2016 $1,956 $152,800 $0 $152,800
2015 $1,861 $144,300 $0 $144,300
2014 $1,845 $138,700 $0 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168329

MLS Property Information Network (MLS PIN)

APN: WEYM-000049-000559-000012-004002