NOT LISTED FOR SALE

50 Seven Springs Ln Unit C Burlington, MA 01803

Woods Corner Neighborhood

Estimated Value: $770,000 - $1,084,000

2 Beds
2 Baths
1,679 Sq Ft
2006 Built

Last Sold July 01, 2016

Last sale price $575,000 $342 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,165/month

1 Day on Market

About This Home

As of July 2016

Top floor, sunshine filled corner unit with balcony, originally used as a model unit. Overlooks pond and fountain. Two full baths, gourmet kitchen with granite breakfast bar and stainless steel appliances including gas stove, plus separate dining area. One car attached garage, private front entrance and additional parking. The Seven Springs community is equipped with a heated pool, beautiful clubhouse and gym. Just minutes to major highways and public transportation

Last Agent to Sell the Property

Timothy Garvey

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/27/2016

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Timothy Garvey

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/27/2016

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,243

Year Built

2006

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Top/Penthouse, Corner
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances: Range, Dishwasher, Disposal
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in
  • Dining Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Balcony, Professional Landscaping
  • Pool Description: Inground

Garage/Parking

  • Garage Parking: Attached, Storage, Work Area
  • Garage Spaces: 1
  • Parking: Common, Guest
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Gas, Unit Control
  • Cooling Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Village at Seven Springs
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: Yes
  • Management: Professional - Off Site
  • No Units: 74
  • Unit Building: C

Lot Info

  • Zoning: PD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 1, 2016
Sold by
Schachter Leigh J
Bought by
Gelinas John J
Seller's Agent
Timothy Garvey
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Timothy Garvey
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$589,750
Sold Price
$575,000
Premium/Discount to List
-$14,750
-2.5%
Current Estimated Value
$872,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,723
Avg. Annual Appreciation
4.60%
Original Mortgage
$460,000
Outstanding Balance
$367,219
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$505,504

Purchase Details

Closed on
Aug 29, 2008
Sold by
7 Springs Res Llc
Bought by
Schachter Leigh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Gelinas John J $575,000 --
Schachter Leigh J $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelinas John J $460,000
Previous Owner Schachter Leigh J $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $575,000 -2.5% $342 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $589,750 -- $351 / 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 $6,243 $720,900 $0 $720,900
2024 $5,984 $669,400 $0 $669,400
2023 $6,006 $638,900 $0 $638,900
2022 $6,094 $612,500 $0 $612,500
2021 $5,805 $583,400 $0 $583,400
2020 $5,342 $554,200 $0 $554,200
2019 $5,496 $524,400 $0 $524,400
2018 $5,569 $524,400 $0 $524,400
2017 $5,711 $524,400 $0 $524,400
2016 $5,507 $480,500 $0 $480,500
2015 $4,969 $437,800 $0 $437,800
2014 $4,864 $405,300 $0 $405,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71995365

MLS Property Information Network (MLS PIN)

APN: BURL-000056C-000000-000050-C000000