NOT LISTED FOR SALE

40 Fountain Ln Unit 5 South Weymouth, MA 02190

Estimated Value: $313,000 - $362,000

2 Beds
1 Bath
922 Sq Ft
$358/mo HOA Fee

Last Sold May 26, 2023

Last sale price $305,000 $331 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,451/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Covered Patio or Porch
  • In Ground Pool
  • Corner Lot
  • Intercom

About This Home

As of May 2023

Offer deadline Tues 4pm. Upon entering this two BR condominium home you immediately feel at ease and a sense of calm. A subtle and soft paint color and luxury vinyl plank flooring make your main living area a place you want to spend time. Through the sliding glass doors there is private outdoor covered space for you to enjoy those summer days and nights. The galley kitchen with pass-through to your dining alcove area has everything you need and plenty of storage in the oak style cabinets. Along the main hall you'll find the full bathroom and two bedrooms. The carpeted guest BR/office is first and offers a full sized closet. The oversized carpeted primary bedroom has a walk-in closet plus another small closet. Two windows provide plenty of natural light. Common laundry is located just outside your front door on the lower level. An oversized exclusive use storage unit will provide extra space. Don't forget the beautiful pool area! Two parking spaces complete this home offering.

Last Agent to Sell the Property

Kerry Elinskas

Coldwell Banker Realty - Hingham Listed on: 04/07/2023

Coldwell Banker Realty - Hingham

Last Buyer's Agent

Huiting Yang

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1968

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Weymouth Elementary And Middle School
  • Weymouth High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 1 Heating Zone
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:49 B:559 L:0124005,284300

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 211 Units
  • Fountain Lane Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,511

Year Built

Built in 1968

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1968
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Entry Location: Unit Placement(Back,Ground)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Basement: N
  • Accessibility Features: No
  • Living Area: 922
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 324.3
  • PRICE PER Sq Ft: 330.8
  • MAIN SO: BB6013

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Covered
  • Pool Features: Association, In Ground
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry
  • Association Fee: 358
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 5
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:49 B:559 L:0124005,284300
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 563
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2511
  • Tax Book Number: C81

Multi Family

  • Number Of Units Total: 211
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 110

MLS Schools

  • High School: Weymouth
  • Elementary School: Weymouth
  • Middle Or Junior School: Weymouth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2001
Sold by
Mortland Daniel
Bought by
Reardon Jeanne M
Current Estimated Value
$341,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Kingston Mark L and Kingston Leonard T
Bought by
Mortland Daniel
Source: Public Records

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
Reardon Jeanne M $137,500 --
Mortland Daniel $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuong Ky H $265,000
Closed Vuong Ky H $25,000
Closed Reardon Jeanne M $125,000
Closed Reardon Jeanne M $50,100
Closed Mortland Daniel $103,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $305,000 +2.0% $331 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $299,000 -- $324 / 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 $2,833 $280,500 $0 $280,500
2024 $2,718 $264,700 $0 $264,700
2023 $2,539 $243,000 $0 $243,000
2022 $2,511 $219,100 $0 $219,100
2021 $2,418 $206,000 $0 $206,000
2020 $2,318 $194,500 $0 $194,500
2019 $2,205 $181,900 $0 $181,900
2018 $2,108 $168,600 $0 $168,600
2017 $1,987 $155,100 $0 $155,100
2016 $1,874 $146,400 $0 $146,400
2015 $1,784 $138,300 $0 $138,300
2014 $1,768 $132,900 $0 $132,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73096045

MLS Property Information Network (MLS PIN)

APN: WEYM-000049-000559-000012-004005