NOT LISTED FOR SALE

Estimated Value: $552,000 - $627,000

2 Beds
2 Baths
1,400 Sq Ft
$526/mo HOA Fee

Last Sold December 29, 2023

Last sale price $539,000 $385 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,959/month

28 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Clubhouse
  • In Ground Pool
  • Landscaped Professionally
  • Property is near public transit

About This Home

As of December 2023

Spacious 2 bedroom, 2 bath, one level, top floor condominium. Updated kitchen with Corian counters, and breakfast island. The kitchen opens to a living room with a fireplace and access to a balcony. Lots of light in the east side condo which includes two skylights (kitchen and hallway). The Primary Suite has an updated bath with double vanity and walk-in shower as well as a spacious walk-in closet. Central Air, in-unit washer & dryer, plenty of closet space and ceiling fans are additional features for this special spot. Each unit has a storage cubby and one assigned parking spot in addition to the guest area (may have another car). There is a clubroom which may be reserved for functions, concierge, outdoor pool, tennis court and there are various social functions in which people may partake. The complex is professionally managed and pet friendly. One pet per unit and must be registered. Quick access to Rte.128!

Last Agent to Sell the Property

Kristin King

Coldwell Banker Realty - Marblehead Listed on: 09/26/2023

Last Buyer's Agent

Nannette Shanahan

Better Homes and Gardens Real Estate - The Shanahan Group

Better Homes and Gardens Real Estate - The Shanahan Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Landscaped Professionally
  • Garden

HOA Fees

  • $526 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 4th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on fourth floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:36 B:09 L:20 U:1S,908426

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 147 Units
  • Place Lane Condominiums Community

Amenities

  • Concierge
  • Community Garden
  • Common Area
  • Shops
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,716

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1986
  • Entry Level: 4
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Fourth Floor
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Fourth Floor
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Skylight, Dining Area, Countertops - Upgraded, Kitchen Island, Recessed Lighting, Remodeled, Gas Stove, Lighting - Pendant
  • Laundry Features: Fourth Floor, In Unit
  • Room Living Room Level: Fourth Floor
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan
  • Basement: N
  • Living Area: 1400
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • MAIN SO: AN0122

Exterior Features

  • Exterior Features: Balcony, Garden, Professional Landscaping, Tennis Court(s)
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Guest, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Concierge
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s), Tennis Court(s), Clubroom, Storage, Garden Area
  • Association Fee: 526
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Highway Access
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:36 B:09 L:20 U:1S,908426
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3716

Multi Family

  • Number Of Units Total: 147
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2011
Sold by
Passero Joan M
Bought by
Passero Ft and Passero
Current Estimated Value
$584,552

Purchase Details

Closed on
Jun 17, 2004
Sold by
Osullivan Patricia and Osullivan Patrick
Bought by
Passero Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
Andrews Carolyn D
Bought by
Osullivan Patrick and Osullivan Patricia
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
Passero Ft -- --
Passero Ft -- --
Passero Joan M $327,000 --
Passero Joan M $327,000 --
Osullivan Patrick $165,500 --
Osullivan Patrick $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passero Joan M $250,000
Previous Owner Osullivan Patrick $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $539,000 0.0% $385 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $539,000 -- $385 / 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 $4,264 $499,300 $0 $499,300
2024 $3,647 $452,500 $0 $452,500
2023 $3,716 $427,100 $0 $427,100
2022 $3,831 $410,200 $0 $410,200
2021 $3,755 $402,500 $0 $402,500
2020 $3,474 $372,700 $0 $372,700
2019 $3,364 $354,100 $0 $354,100
2018 $3,267 $330,300 $0 $330,300
2017 $2,903 $292,100 $0 $292,100
2016 $2,766 $275,200 $0 $275,200
2015 $2,677 $263,200 $0 $263,200
2014 $2,553 $244,500 $0 $244,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73163529

MLS Property Information Network (MLS PIN)

APN: WOBU-000036-000009-000020-000001S