NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,030,000

3 Beds
4 Baths
1,600 Sq Ft
1998 Built

Last Sold July 07, 2016

Last sale price $522,500 $327 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,063/month

19 Days on Market

About This Home

As of July 2016

HIGHLY DESIRABLE TERRACES CONDOMINIUM COMPLEX! This 3 bedroom, 3.5 bath home with garage parking features an open kitchen, dining room, gas fireplace, living room with sliders to a private deck, central air conditioning, spacious cathedral ceiling master bedroom with palladium window, master bath, walk in closet, second spacious bedroom, and in unit laundry. First level features third bedroom, full bath, garage access, and foyer. Pet friendly! (one dog or cat under 50 lbs).Open house Saturday May 21st 12-1:30 and Sunday May 22nd 1:30-3.

Last Listed By

Lori Orchanian

Coldwell Banker Realty - Belmont Listed on: 05/12/2016

Coldwell Banker Realty - Belmont

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,365

Year Built

1998

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Highway Access, House of Worship, Private School, Public School, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Wood Laminate
  • Bedroom 2: Third Floor, 14X10
  • Bedroom 3: First Floor, 15X10
  • Kitchen: Second Floor, 12X11
  • Laundry Room: Third Floor
  • Living Room: Second Floor, 16X11
  • Master Bedroom: Third Floor, 18X10
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in
  • Dining Room: Second Floor, 15X9
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Deck, Gutters, Professional Landscaping

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Terraces Condominiums
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Refuse Removal, Snow Removal
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 18
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Northeast
  • Middle School: Kennedy
  • High School: Waltham

Lot Info

  • Assessor Parcel Number: M:025 B:009 L:0001 002
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 7, 2016
Sold by
Hafez Nael
Bought by
Tang Junping
Seller's Agent
Lori Orchanian
Coldwell Banker Realty - Belmont
Buyer's Agent
Sue Kim
Keller Williams Realty Boston Northwest
List Price
$530,000
Sold Price
$522,500
Premium/Discount to List
-$7,500
-1.42%
Total Days on Market
19
Current Estimated Value
$854,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,560
Avg. Annual Appreciation
5.34%
Original Mortgage
$365,750
Outstanding Balance
$290,496
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$537,282

Purchase Details

Closed on
Feb 9, 2007
Sold by
Nieves Candida Rosa and Ortiz Carlos M
Bought by
Hafez Nael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Palmer Maria D and Palmer Stephen D
Bought by
Nieves Candida Rosa and Ortiz Carlos M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Tang Junping $522,500 --
Hafez Nael $410,000 --
Nieves Candida Rosa $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Junping $365,750
Previous Owner Hafez Nael $381,531
Previous Owner Palmer Stephen D $387,000
Previous Owner Hafez Nael $328,000
Previous Owner Hafez Nael $82,000
Previous Owner Nieves Candida Rosa $359,500
Previous Owner Nieves Candida Rosa $336,000
Previous Owner Palmer Stephen D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $522,500 -0.5% $327 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $525,000 -0.9% $328 / Sq Ft
05/12/2016 05/12/16 For Sale $530,000 -- $331 / 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 $6,365 $648,200 $0 $648,200
2024 $6,038 $626,300 $0 $626,300
2023 $6,217 $602,400 $0 $602,400
2022 $6,535 $586,600 $0 $586,600
2021 $6,680 $590,100 $0 $590,100
2020 $6,774 $566,900 $0 $566,900
2019 $6,022 $475,700 $0 $475,700
2018 $5,999 $475,700 $0 $475,700
2017 $5,770 $459,400 $0 $459,400
2016 $5,623 $459,400 $0 $459,400
2015 $5,500 $418,900 $0 $418,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72004075

MLS Property Information Network (MLS PIN)

APN: WALT-000025-000009-000001-000002