NOT LISTED FOR SALE

8 Gates Terrace Sterling, MA 01564

Estimated Value: $510,000 - $540,700

3 Beds
2 Baths
1,970 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $320,000 $162 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,252/month

46 Days on Market

About This Home

As of January 2018

Extensive renovation recently completed. This spacious, flexible floor plan offers one level living with gleaming refinished hardwood flooring and custom details. Gorgeous Brand new expansive kitchen featuring granite counter tops and large center island. Formal Dining Room w/ Fireplace opens to spacious sun filled 17 x 20 Great room w/vaulted ceiling leading to exterior deck. 3 bedrooms, beautiful new tiled baths, full bath has laundry. Walkout lower level offers large finished family/game room. New septic system, new roof and windows and so much more. All on set on .83 acres, conveniently located. If you are looking for one level living this may be the home for you. Come view on Saturday at open house!

Last Agent to Sell the Property

Peter McDonald

LAER Realty Partners Listed on: 10/04/2017

LAER Realty Partners

Last Buyer's Agent

Felicia Mancuso

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 0.83

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile
  • Interior Amenities: French Doors
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Kitchen: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor
  • Family Room: First Floor
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Oth1 Room Name: Game Room
  • Main Lo: AN1199
  • Main So: K95001
  • Estimated Sq Ft: 1970.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Gutters
  • Foundation: Poured Concrete, Concrete Block, Irregular

Garage/Parking

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

Utilities

  • Heat Zones: 3
  • Hot Water: Separate Booster
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:00148 L:00016
  • Zoning: res.
  • Acre: 0.83
  • Lot Size: 36154.00

Multi Family

  • Foundation: irregular
  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jan 10, 2018
Sold by
Koch Adam
Bought by
Bairos Tony and Hite Nicole A
Seller's Agent
Peter McDonald
LAER Realty Partners
Buyer's Agent
Felicia Mancuso
Coldwell Banker Realty - Worcester
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%
Current Estimated Value
$527,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,425
Avg. Annual Appreciation
6.42%
Original Mortgage
$310,400
Outstanding Balance
$261,673
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$265,752

Purchase Details

Listed on
Apr 9, 2017
Closed on
May 26, 2017
Sold by
Fhlmc
Bought by
Koch Adam
Seller's Agent
Jason Fanning
RE/MAX Vision
Buyer's Agent
Peter McDonald
LAER Realty Partners
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
386.46%

Purchase Details

Listed on
Apr 9, 2017
Closed on
Apr 11, 2017
Sold by
Simpson Todd R
Bought by
Fhlmc
Seller's Agent
Jason Fanning
RE/MAX Vision
Buyer's Agent
Peter McDonald
LAER Realty Partners
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
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
Bairos Tony $320,000 --
Koch Adam $120,000 --
Fhlmc $172,114 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bairos Tony $310,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2018 01/10/18 Sold $320,000 -1.5% $162 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $324,900 0.0% $165 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $324,900 -1.5% $165 / Sq Ft
10/04/2017 10/04/17 For Sale $329,900 +174.9% $167 / Sq Ft
05/29/2017 05/29/17 Sold $120,000 -11.0% $68 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $134,900 -- $77 / 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 $6,253 $485,500 $110,300 $375,200
2024 $5,974 $448,800 $110,300 $338,500
2023 $5,709 $399,200 $111,500 $287,700
2022 $5,850 $383,600 $101,100 $282,500
2021 $5,015 $314,300 $99,100 $215,200
2020 $5,004 $297,700 $96,900 $200,800
2019 $4,185 $242,300 $96,900 $145,400
2018 $4,221 $203,900 $92,600 $111,300
2017 $3,265 $181,100 $88,800 $92,300
2016 $3,230 $176,200 $88,800 $87,400
2015 $3,017 $174,500 $88,100 $86,400
2014 $2,861 $169,000 $82,600 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72238068

MLS Property Information Network (MLS PIN)

APN: STER-000148-000000-000016