NOT LISTED FOR SALE

8 Sumac Ln Sharon, MA 02067

Estimated Value: $1,663,539 - $1,901,000

4 Beds
5 Baths
4,538 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $920,000 $203 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $12,205/month

55 Days on Market

About This Home

As of April 2012

This SOPHISTICATED CALIFORNIA-STYLE custom home is not your typical residence.. LUXURIOSLY and ARCHITECTURALLY APPOINTED this home is perfectly designed for FABULOUS ENTERTAINMENT and family style living! Located in one of Sharon's most distinctive neighborhoods this exquisite showcase offers a magnificent OPEN FLOOR PLAN and all of today's luxuries! This meticulously landscaped estate offering PRIVACY along with a CUL-DE-SAC location completes this truly one of a kind DRAMATIC HOME!

Last Listed By

Deb Piazza

Coldwell Banker Realty - Sharon Listed on: 12/12/2011

Coldwell Banker Realty - Sharon

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,328

Year Built

2001

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails
  • Electric: 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Sauna/Steam/Hot Tub, Wetbar, Walk-up Attic
  • Basement: Full, Partially Finished, Interior Access, Garage Access, Radon Remediation System, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Full Bath, Cathedral Ceils, Ceiling Fans, Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Porch, Deck, Gutters, Storage Shed, Prof. Landscape, Sprinkler System, Decor. Lighting
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 3
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Apr 25, 2012
Sold by
Goodman James A and Goodman Elizabeth F
Bought by
Kumar Siva and Kanniappan Arulmozhi
Seller's Agent
Deb Piazza
Coldwell Banker Realty - Sharon
Buyer's Agent
Gabrielle Yu
Boston Family Realty
List Price
$985,000
Sold Price
$920,000
Premium/Discount to List
-$65,000
-6.6%
Total Days on Market
55
Current Estimated Value
$1,797,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$877,135
Avg. Annual Appreciation
5.33%
Original Mortgage
$650,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2008
Sold by
Morris Guyle E and Morris Hilary M
Bought by
Goodman James A and Goodman Elizabeth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Levy Bruce M and Levy Mitsie
Bought by
Morris Guyle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Iverson Co Llc
Bought by
Levy Bruce M and Levy Mitsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,920
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

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
Kumar Siva $920,000 --
Goodman James A $1,125,000 --
Morris Guyle E $1,200,000 --
Levy Bruce M $899,900 --
Iverson Companies Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Siva $700,000
Closed Kumar Siva $150,000
Closed Kumar Siva $625,000
Closed Kumar Siva $650,000
Previous Owner Morris Guyle E $36,432
Previous Owner Goodman Elizabeth F $75,000
Previous Owner Goodman James A $900,000
Previous Owner Morris Guyle E $390,000
Previous Owner Morris Guyle E $250,000
Previous Owner Morris Guyle E $400,000
Previous Owner Levy Bruce M $719,000
Previous Owner Levy Bruce M $719,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2012 04/25/12 Sold $920,000 -6.6% $203 / Sq Ft
02/05/2012 02/05/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $985,000 -- $217 / 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 $26,328 $1,506,200 $536,800 $969,400
2024 $25,561 $1,454,000 $492,500 $961,500
2023 $23,831 $1,281,900 $460,500 $821,400
2022 $23,398 $1,184,700 $383,700 $801,000
2021 $23,296 $1,140,300 $361,800 $778,500
2020 $22,217 $1,169,300 $390,800 $778,500
2019 $22,370 $1,152,500 $374,000 $778,500
2018 $22,183 $1,145,200 $366,700 $778,500
2017 $22,004 $1,121,500 $343,000 $778,500
2016 $21,190 $1,053,700 $343,000 $710,700
2015 $20,923 $1,030,700 $303,900 $726,800
2014 $18,992 $924,200 $258,600 $665,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71318779

MLS Property Information Network (MLS PIN)

APN: SHAR-000075-000119