NOT LISTED FOR SALE

61 Shannon Way Lancaster, MA 01523

Estimated Value: $743,000 - $798,000

2 Beds
2 Baths
2,413 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $725,000 $300 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,003/month

4 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Spa
  • Luther Burbank Middle School Rated A-
  • Media Room
  • Open Floorplan

About This Home

As of September 2023

Offers due Mon 7/31 at noon. Welcome home to this meticulously maintained Luxury ranch located on a cul-de-sac in the highly sought-after Eagle Ridge 55+ community. Bright and spacious open floorplan, highlighted by a central great room featuring a gas fireplace that adds both warmth and charm. Expanded patio, complete with a brand new wood stove. Formal dining room boasts hardwood flooring, crown molding, and wainscoting. Updated kitchen with high-end stainless steel appliances, granite countertops, indirect cabinet lighting and a custom tile backsplash. New slider opens up to the recently added 10x10 composite deck. 1st-floor laundry. Beautifully landscaped grounds encompass an acre of land, providing both beauty & privacy. Master bedroom is complete with a custom walk-in closet and an en-suite bath featuring a corner whirlpool tub, separate shower, and double vanity sink. Large finished basement with extra Family Room, office & Custom workshop! Nothing left to do but move right in.

Last Agent to Sell the Property

Holly Hendricks

eXp Realty Listed on: 07/26/2023

eXp Realty

Last Buyer's Agent

Roger Allen

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,915

Year Built

  • Built in 2003

Lot Details

  • 0.96 Acre Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Sprinkler System
  • Wooded Lot
  • Garden

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2,413 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Great Room
  • Dining Area
  • Media Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Stove
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Partially Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • 1 Heating Zone
  • Generator Hookup
  • 200+ Amp Service
  • Power Generator
  • Natural Gas Connected
  • Underground Storage Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:036.0 B:0000 L:0006.Z,4217262

Community Details

Overview

  • Eagle Ridge Subdivision
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,915

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2003
  • Subdivision Name: Eagle Ridge
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Engineered Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Ceiling Fan(s), High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Open Floor Plan, Closet, Great Room, Sun Room, Media Room, Internet Available - Broadband
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Dryer, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: 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 - Hardwood, Hot Tub / Spa, High Speed Internet Hookup
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Peninsula
  • Laundry Features: First Floor, Washer Hookup
  • Basement: Full, Partially Finished, Interior Entry, Bulkhead
  • Living Area: 2413
  • Spa YN: No
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AC0342
  • MAIN SO: BB3298
  • Insulation: Full

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Garage Door Opener, Paved Drive, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection, Generator Connection
  • Cooling: Central Air
  • Heating: Central, Forced Air, Fireplace(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Generator Connection
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, Sidewalks
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Parcel Number: M:036.0 B:0000 L:0006.Z,4217262
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Wooded, Underground Storage Tank
  • Lot Size Acres: 0.96
  • Lot Size Sq Ft: 41818
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9915

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 13, 2023
Sold by
61 Shannon Way Rt and Petersen
Bought by
2019 Roberts Ft and Roberts
Seller's Agent
Holly Hendricks
eXp Realty
Buyer's Agent
Roger Allen
Keller Williams Realty Boston Northwest
List Price
$675,000
Sold Price
$725,000
Premium/Discount to List
$50,000
7.41%
Views
70
Current Estimated Value
$767,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,487
Avg. Annual Appreciation
2.63%
Original Mortgage
$543,750
Outstanding Balance
$531,041
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,446

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 29, 2021
Sold by
Petersen William P and Petersen Mary E
Bought by
61 Shannon Way Rt and Petersen
Seller's Agent
Phyllis Lavita
Blue Point Realty, LLC
Buyer's Agent
Holly Hendricks
eXp Realty
List Price
$624,900
Sold Price
$600,000
Premium/Discount to List
-$24,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 22, 2021
Sold by
Papagni David P and Papagni Kathleen A
Bought by
Petersen William P and Petersen Mary E
Seller's Agent
Phyllis Lavita
Blue Point Realty, LLC
Buyer's Agent
Holly Hendricks
eXp Realty
List Price
$624,900
Sold Price
$600,000
Premium/Discount to List
-$24,900
-3.98%

Purchase Details

Listed on
Nov 25, 2013
Closed on
May 2, 2014
Sold by
Morse Joanne M and Semple Laura A
Bought by
Papagni David P and Papagni Kathleen A
Seller's Agent
Crystal Tropeano
RE/MAX Advantage 1
Buyer's Agent
Crystal Tropeano
RE/MAX Advantage 1
List Price
$382,500
Sold Price
$360,000
Premium/Discount to List
-$22,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$260,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Caldwell Joan H
Bought by
Morse Joanne M and Semple Laura A

Purchase Details

Closed on
Dec 31, 2003
Sold by
Caldwell Joan H and Caldwell Robert L
Bought by
Morse Joanne M and Semple Laura A

Purchase Details

Closed on
Aug 8, 2003
Sold by
Eagle Ests Llc
Bought by
Caldwell Joan R and Caldwell Robert L
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
2019 Roberts Ft $725,000 None Available
61 Shannon Way Rt -- None Available
Petersen William P $600,000 None Available
Papagni David P $360,000 --
Morse Joanne M -- --
Morse Joanne M -- --
Morse Joanne M -- --
Morse Joanne M -- --
Caldwell Joan R $387,500 --
Caldwell Joan R $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2019 Roberts Ft $543,750
Previous Owner Caldwell Joan R $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $725,000 +7.4% $300 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $675,000 +12.5% $280 / Sq Ft
11/16/2021 11/16/21 Sold $600,000 -4.0% $249 / Sq Ft View Prior Sale
10/02/2021 10/02/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $624,900 +73.6% $259 / Sq Ft
05/02/2014 05/02/14 Sold $360,000 0.0% $186 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
02/27/2014 02/27/14 Off Market $360,000 -- --
01/20/2014 01/20/14 Price Changed $374,900 -2.0% $193 / Sq Ft
11/25/2013 11/25/13 For Sale $382,500 -- $197 / 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 $10,520 $651,000 $73,700 $577,300
2024 $10,612 $607,800 $59,400 $548,400
2023 $9,915 $576,800 $54,900 $521,900
2022 $8,659 $445,200 $92,400 $352,800
2021 $8,318 $416,300 $92,400 $323,900
2020 $8,079 $407,000 $71,600 $335,400
2019 $7,949 $402,500 $103,300 $299,200
2018 $7,213 $361,000 $103,300 $257,700
2016 $7,486 $382,900 $150,700 $232,200
2015 $7,069 $376,800 $150,700 $226,100
2014 $6,976 $368,900 $150,700 $218,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73140645

MLS Property Information Network (MLS PIN)

APN: LANC-000360-000000-000006Z