NOT LISTED FOR SALE

7 Michael Ln Sterling, MA 01564

Estimated Value: $685,936 - $741,000

3 Beds
3 Baths
2,056 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $340,000 $165 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,432/month

142 Days on Market

About This Home

As of December 2014

Tree lined driveway in a country setting gives this property lots of privacy. Upon entering this home you will see this is not your traditional cape style house. The cathedral ceiling entry with skylights and open stairway offers a spacious feel the moment you walk through the door. The main level has a fireplaced, cathedral ceiling living room, family room, dining room and large kitchen with center island perfect for entertaining. Kitchen sliders open to a large deck and spacious lawn big enough for backyard sports. Second floor master bedroom has a beautiful bay window, a large walk in closet and private bath. Another full bath and two additional bedrooms on the second floor. Finished basement with office, play room and storage. The 2 car garage has a workshop and storage above. This home sits on over 2 acres and is located on a quiet, flat cul de sac road. Perfect for riding bikes or walking pets. Minutes to route 190, perfect location for commuters.

Last Agent to Sell the Property

Karen Packard

Karen Packard Real Estate Inc. Listed on: 07/14/2014

Last Buyer's Agent

Joyce Kane

William Raveis R.E. & Home Services License #454000559

William Raveis R.E. & Home Services

Home Details

Home Type

Single Family

Year Built

1991

Lot Details

2.38 Acres

Listing Details

  • Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Park, Walk/Jog Trails, Bike Path, Highway Access
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Whole House Fan
  • Basement: Full, Partially Finished, Radon Remediation System
  • Bedroom 2: Second Floor, 12X12
  • Bedroom 3: Second Floor, 13X11
  • Bathroom #1: First Floor, 8X6
  • Bathroom #2: Second Floor, 9X7
  • Bathroom #3: Second Floor, 11X6
  • Kitchen: First Floor, 26X12
  • Laundry Room: First Floor
  • Living Room: First Floor, 16X15
  • Master Bedroom: Second Floor, 16X15
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Dining Room: First Floor, 12X11
  • Family Room: First Floor, 16X14

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Deck - Wood, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Storage, Work Area
  • Garage Spaces: 2
  • Parking: Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 17, 2014
Sold by
Butler Denise S and Butler Mitchell W
Bought by
Hayes Gilbert W and Hayes Kelly A
Seller's Agent
Karen Packard
Karen Packard Real Estate Inc.
Buyer's Agent
Joyce Kane
William Raveis R.E. & Home Services
List Price
$379,000
Sold Price
$340,000
Premium/Discount to List
-$39,000
-10.29%
Current Estimated Value
$718,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,234
Avg. Annual Appreciation
6.92%
Original Mortgage
$272,000
Outstanding Balance
$209,116
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$509,118

Purchase Details

Closed on
Dec 17, 2010
Sold by
Beatty David C and Beatty Sandra
Bought by
Butler Denise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2007
Sold by
Cartus Financial Corp
Bought by
Beatty David C and Beatty Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2006
Sold by
Stlouis John T and Stlouis Pamela K
Bought by
Papale Thomas F and Papale Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1995
Sold by
Hatch Leonard J and Hatch Vanessa
Bought by
Stlouis John and Stlouis Pamela

Purchase Details

Closed on
Aug 20, 1991
Sold by
J E Simpson Excavating
Bought by
Hatch Leonard J and Vanessa F Hatch
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
Hayes Gilbert W $340,000 --
Butler Denise S $368,000 --
Beatty David C $384,000 --
Cartus Financial Corp $384,000 --
Papale Thomas F $427,500 --
Stlouis John $225,000 --
Hatch Leonard J $226,340 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Gilbert W $272,000
Previous Owner Butler Denise S $331,200
Previous Owner Beatty David C $364,800
Previous Owner Papale Thomas F $247,500
Previous Owner Hatch Leonard J $335,000
Previous Owner Hatch Leonard J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $340,000 0.0% $165 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/04/2014 11/04/14 Off Market $340,000 -- --
10/03/2014 10/03/14 Price Changed $349,999 -1.4% $170 / Sq Ft
09/04/2014 09/04/14 Price Changed $354,900 -1.4% $173 / Sq Ft
08/18/2014 08/18/14 Price Changed $359,900 -3.2% $175 / Sq Ft
07/25/2014 07/25/14 Price Changed $371,900 -1.9% $181 / Sq Ft
07/14/2014 07/14/14 For Sale $379,000 -- $184 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,784 $682,000 $184,200 $497,800
2024 $8,195 $615,700 $178,100 $437,600
2023 $8,094 $566,000 $170,000 $396,000
2022 $7,270 $476,700 $148,700 $328,000
2021 $7,388 $447,200 $146,000 $301,200
2020 $7,151 $425,400 $159,100 $266,300
2019 $6,932 $401,400 $159,100 $242,300
2018 $6,423 $366,200 $152,800 $213,400
2017 $6,352 $352,300 $140,000 $212,300
2016 $5,985 $326,500 $140,000 $186,500
2015 $5,630 $325,600 $139,500 $186,100
2014 $5,799 $342,500 $139,500 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71713161

MLS Property Information Network (MLS PIN)

APN: STER-000095-000000-000022

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