NOT LISTED FOR SALE

7 Colonial Rd Medway, MA 02053

Estimated Value: $556,000 - $745,387

3 Beds
1 Bath
1,724 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $350,000 $203 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,153/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Storage Shed
  • John D. McGovern Elementary School Rated A-

About This Home

As of May 2018

Welcome to 7 Colonial Road! This light and bright raised ranch is perfect for those looking for an open floor plan in a fantastic neighborhood. The main level offers 3 bedrooms, a full bath, an eat-in kitchen that opens up to the living room, plus a heated sunroom overlooking the backyard. The lower level offers an incredibly versatile front to back family room with tile, a gas fireplace, and accent lighting. Whether you're looking for your first home, need more space, or want a wonderful neighborhood setting, this home has you covered!

Last Agent to Sell the Property

Team Rice

RE/MAX Executive Realty Listed on: 04/02/2018

RE/MAX Executive Realty

Last Buyer's Agent

Team Rice

RE/MAX Executive Realty Listed on: 04/02/2018

RE/MAX Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,412

Year Built

  • Built in 1960

Lot Details

  • 0.53

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Sewer

Additional Features

  • Storage Shed
  • Property is zoned AR-I
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,412

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Raised Ranch
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 191.36
  • Comp Based On: Net Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Laminate, Hardwood
  • Appliances: Range, Dishwasher
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 13X21, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 10X10, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Dimension: 12X11, Flooring - Hardwood
  • Full Bathrooms: 1
  • No Rooms: 7
  • Family Room: On Level: Basement, Dimension: 25X16, Fireplace, Flooring - Stone/Ceramic Tile
  • Kitchen: On Level: First Floor, Dimension: 23X10, Flooring - Stone/Ceramic Tile, Dining Area, Recessed Lighting
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 16X16, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Garage Access
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 15X12, Ceiling Fan(s), Flooring - Laminate, Exterior Access
  • Main Lo: BB1175
  • Main So: BB1175
  • Estimated Sq Ft: 1724.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Shopping, Tennis Court, Park, Walk/Jog Trails, House of Worship, Public School

Schools

  • Elementary School: McGovern/Burke
  • Middle School: Medway Middle
  • High School: Medway High

Lot Info

  • Assessments: 353400.00
  • Acre: 0.53
  • Lot Size: 23087.00
  • Page: 4
  • Zoning: AR-I
  • Lot Description: Level

Tax Info

  • Taxes: 6241.00
  • Assessor Parcel Number: 3166368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 31, 2018
Sold by
Cooper Nicole P
Bought by
Wright Brittany and Wright Nathan
Seller's Agent
Team Rice
RE/MAX Executive Realty
Buyer's Agent
Team Rice
RE/MAX Executive Realty
List Price
$329,900
Sold Price
$350,000
Premium/Discount to List
$20,100
6.09%
Current Estimated Value
$645,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,710
Avg. Annual Appreciation
7.14%
Original Mortgage
$330,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jun 30, 2014
Sold by
Lombardo Ronald
Bought by
Cooper Nicole P
Seller's Agent
Jenn McMahon
Realty Executives Boston West
Buyer's Agent
Catherine Carrara
Suburban Lifestyle Real Estate
List Price
$344,900
Sold Price
$312,000
Premium/Discount to List
-$32,900
-9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$296,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Lombardo Gayle S and Lombardo Ronald
Bought by
Lombardo Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,660
Interest Rate
5.72%
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
Wright Brittany $350,000 --
Cooper Nicole P $312,000 --
Lombardo Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Brittany $330,000
Closed Wright Brittany $330,000
Previous Owner Cooper Nicole P $296,400
Previous Owner Lombardo Ronald $258,000
Previous Owner Lombardo Ronald $275,660
Previous Owner Lombardo Gayle S $80,000
Previous Owner Lombardo Gayle S $200,000
Previous Owner Lombardo Ronald $190,000
Previous Owner Lombardo Ronald $25,000
Previous Owner Lombardo Ronald $180,000
Previous Owner Lombardo Ronald $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $350,000 +6.1% $203 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $329,900 +5.7% $191 / Sq Ft
06/30/2014 06/30/14 Sold $312,000 +0.6% $181 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/22/2014 05/22/14 Price Changed $310,000 -6.0% $180 / Sq Ft
05/01/2014 05/01/14 Price Changed $329,900 -2.7% $191 / Sq Ft
04/11/2014 04/11/14 Price Changed $339,000 -1.7% $197 / Sq Ft
03/28/2014 03/28/14 For Sale $344,900 -- $200 / 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 $7,412 $514,700 $290,600 $224,100
2023 $6,869 $430,900 $240,800 $190,100
2022 $6,701 $395,800 $213,800 $182,000
2021 $6,408 $367,000 $197,200 $169,800
2020 $6,169 $352,500 $182,700 $169,800
2019 $5,878 $346,400 $182,700 $163,700
2018 $6,241 $353,400 $174,400 $179,000
2017 $5,838 $325,800 $168,100 $157,700
2016 $5,788 $319,600 $161,900 $157,700
2015 $5,715 $313,300 $149,400 $163,900
2014 $5,271 $279,800 $149,400 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72301517

MLS Property Information Network (MLS PIN)

APN: MEDW-000007-000000-000005