NOT LISTED FOR SALE

7 Lakeview Rd Winchester, MA 01890

The Flats Neighborhood

Estimated Value: $4,107,000 - $5,257,000

5 Beds
5 Baths
6,216 Sq Ft
$728/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $3,700,000 $595 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $25,244/month

About This Home

As of July 2019

Truly inspired in both its space and creativity, no expense was spared while creating this extraordinary home overlooking Upper Mystic Lake; it's one of the best renovations Winchester has ever seen. The entire house was gut-renovated to the studs and the then carefully rebuilt. An addition seamlessly melds with the original lines, allowing for the creation of an open kitchen and family room. Step onto the expansive deck from your master bedroom and take in the lake views. Cuddle up by your outdoor fireplace or open up the carriage house bar and billiards areas and grill up a feast. There's 5 bedrooms, 4.5 baths, a jaw-dropping dining room, stately home office, elevator, lovely living room and study plus a top floor bonus room. This beauty sits on spectacular grounds with a charming landscaped path that leads to your private dock on the lake. Just 8 miles from Boston, walk to the trains, town center and schools. Up to 6 month rental.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jul 11, 2019
Sold by
Schiff Daniel J and Bowen Kerri
Bought by
7 Lakeview Road Rt
Seller's Agent
Nancy Pallotta
Advisors Living - Winchester
Buyer's Agent
Carolyn Sheehan
Compass
Sold Price
$11,000
Current Estimated Value
$4,524,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,513,331
Avg. Annual Appreciation
2.41%
Original Mortgage
$2,500,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 16, 2014
Sold by
Reeves Rt
Bought by
Schiff Daniel J and Bowen Kerri
Seller's Agent
Sven Andersen
Keller Williams Realty Boston Northwest
Buyer's Agent
Susan Condrick
Gibson Sotheby's International Realty
List Price
$1,499,000
Sold Price
$1,525,000
Premium/Discount to List
$26,000
1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
Source: Public Records

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
7 Lakeview Road Rt $3,700,000 --
Schiff Daniel J $1,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 Lakeview Road Rt $2,410,000
Closed 7 Lakeview Road Rt $2,500,000
Previous Owner Schiff Daniel J $762,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Rented $11,000 -8.3% --
07/24/2019 07/24/19 For Rent $12,000 0.0% --
07/18/2019 07/18/19 Sold $3,700,000 -1.8% $595 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $3,769,000 +0.5% $606 / Sq Ft
04/23/2019 04/23/19 For Sale $3,749,000 +145.8% $603 / Sq Ft
10/16/2014 10/16/14 Sold $1,525,000 0.0% $526 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/30/2014 09/30/14 Off Market $1,525,000 -- --
09/22/2014 09/22/14 For Sale $1,499,000 -- $517 / Sq Ft

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 $476 $4,294,700 $1,287,200 $3,007,500
2024 $45,748 $4,037,800 $1,249,300 $2,788,500
2023 $42,135 $3,570,800 $1,173,600 $2,397,200
2022 $42,160 $3,370,100 $1,060,000 $2,310,100
2021 $41,538 $3,237,600 $927,500 $2,310,100
2020 $36,423 $2,939,700 $927,500 $2,012,200
2019 $27,499 $2,270,800 $813,900 $1,456,900
2018 $26,997 $2,214,700 $795,000 $1,419,700
2017 $26,181 $2,132,000 $756,200 $1,375,800
2016 $16,735 $1,432,800 $756,200 $676,600
2015 $14,146 $1,165,200 $687,100 $478,100
2014 $13,961 $1,102,800 $624,700 $478,100
Source: Public Records

Agents Affiliated with this Home

  • Nancy Pallotta

    Seller's Agent in 2019

    Nancy Pallotta

    Advisors Living - Winchester

    (781) 258-0722

    12 in this area

    109 Total Sales

    Nancy Pallotta
    Section Image
  • Carolyn Sheehan

    Buyer's Agent in 2019

    Carolyn Sheehan

    Compass

    (781) 254-8236

    37 Total Sales

    Carolyn Sheehan
    Section Image
  • Sven Andersen

    Seller's Agent in 2014

    Sven Andersen

    Keller Williams Realty Boston Northwest

    (781) 739-2258

    6 Total Sales

    Sven Andersen
    Section Image
  • Susan Condrick

    Buyer's Agent in 2014

    Susan Condrick

    Gibson Sothebys International Realty

    (617) 842-4600

    56 Total Sales

    Susan Condrick
    Section Image
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Map

Massachusetts Middlesex County Winchester 01890 The Flats

7 Lakeview Rd, Winchester, MA

This home is located at 7 Lakeview Rd, Winchester, MA 01890 and is currently estimated at $4,524,331, approximately $727 per square foot. 7 Lakeview Rd is a home located in Middlesex County with nearby schools including Ambrose Elementary School, McCall Middle School, and Winchester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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