NOT LISTED FOR SALE

5 Independence Ln Medway, MA 02053

Estimated Value: $1,129,000 - $1,279,000

4 Beds
2.5 Baths
4,560 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $1,110,000 $243 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,718/month

2 Days on Market

Highlights

  • Community Stables
  • Medical Services
  • Fruit Trees
  • John D. McGovern Elementary School Rated A-
  • Colonial Architecture
  • Landscaped Professionally

About This Home

As of July 2022

Distinctive 4 BR, 2.5 BA custom builder’s Colonial showcases 3658 sqft. of craftsmanship & superior design, beautifully situated in Ishmael Coffee Estates,w a private wooded BY opening to a large patio w/fire pit area & trek deck w/a profes landscaped private wooded lot. First floor features a grand 2 story entry foyer, crown molding & French doors & custom built ins. The chef's gourmet eat-in kitchen w/large granite island boasts an open plan, upgraded chef style Appls, gleaming HWDS, & custom cabinetry. Relax in a Magnificent Expansive Fireside Family Rm w/Cathedral ceiling, perfect for entertaining & casual living, convenient first floor office, crown molding and French Doors. A spacious formal LR/DR complete the main level. The Upp level boasts a grand main rm spa en-suite w/sitting area, lge walk-in closet plus 3 additional generously sized BRMS. Finished LL presents additional LA w/media & game rm plus home gym and wine closet. 3 car garage. UPGRADES LIST ATTACHED. Welcome Home!

Last Listed By

Linda Dumouchel

Realty Executives Boston West Listed on: 05/21/2022

Realty Executives Boston West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,525

Year Built

  • Built in 2005

Lot Details

  • 0.52 Acre Lot
  • Near Conservation Area
  • Cul-De-Sac
  • Stone Wall
  • Landscaped Professionally
  • Gentle Sloping Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned ARII

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,560 Sq Ft Home
  • Decorative Lighting
  • 1 Fireplace
  • Insulated Windows
  • Window Screens
  • French Doors
  • Insulated Doors
  • Home Office
  • Game Room
  • Home Gym
  • Home Security System

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Memorial Elementary School
  • Medway Middle School
  • Medway High School

Utilities

  • Central Heating and Cooling System
  • 2 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:46 B:030,4473218

Community Details

Overview

  • No Home Owners Association
  • Ishmael Coffee Estates Subdivision

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,525

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2005
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Subdivision Name: Ishmael Coffee Estates
  • Transaction Broker: 1.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Concrete, Hardwood
  • Interior Amenities: Home Office, Game Room, Exercise Room, High Speed Internet, Other
  • Door Features: Insulated Doors, French Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Range Hood,Other, Oil Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Second
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, Washer Hookup
  • Room Living Room Level: First
  • Room Office Level: First
  • Basement: Full, Finished, Partially Finished, Interior Entry, Bulkhead, Radon Remediation System, Concrete, Unfinished
  • Living Area: 4560
  • Window Features: Insulated Windows, Screens
  • MAIN LO: BB5398
  • LIST PRICE PER Sq Ft: 214.89
  • PRICE PER Sq Ft: 243.42
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Fruit Trees, Garden, Stone Wall, Other
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Oversized, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Central, Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service, Other (See Remarks)
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:46 B:030,4473218
  • Zoning: ARII
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Wooded, Gentle Sloping
  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Sq Ft: 22564
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 324

Green Features

  • Green Energy Efficient: Thermostat, Other (See Remarks)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12525
  • Tax Book Number: 23398

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Medway High
  • Elementary School: Memorial
  • Middle Or Junior School: Medway Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 12, 2022
Sold by
Lane James A and Lane Darlene M
Bought by
Cook Joshua and Cook Melinda
Seller's Agent
Linda Dumouchel
Realty Executives Boston West
Buyer's Agent
Veronique Mendelson
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$979,900
Sold Price
$1,110,000
Premium/Discount to List
$130,100
13.28%
Total Days on Market
2
Current Estimated Value
$1,170,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,662
Avg. Annual Appreciation
1.91%
Original Mortgage
$880,000
Outstanding Balance
$842,613
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,049

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
Cook Joshua $1,110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Joshua $880,000
Previous Owner Lane James A $325,000
Previous Owner Lane Darlene M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $1,110,000 +13.3% $243 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $979,900 -- $215 / 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
2024 $14,350 $996,500 $323,400 $673,100
2023 $13,654 $856,600 $294,400 $562,200
2022 $12,525 $739,800 $217,700 $522,100
2021 $12,538 $718,100 $203,200 $514,900
2020 $12,367 $706,700 $203,200 $503,500
2019 $11,799 $695,300 $194,900 $500,400
2018 $12,134 $687,100 $194,900 $492,200
2017 $11,732 $654,700 $186,600 $468,100
2016 $11,619 $641,600 $176,200 $465,400
2015 $11,216 $614,900 $176,200 $438,700
2014 $10,390 $551,500 $176,200 $375,300
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72985930

MLS Property Information Network (MLS PIN)

APN: MEDW-000046-000000-000030