Seller's Agent in 2012
Stephen Braese
Century 21 North East
(781) 933-3110
859 Main St Woburn, MA 01801
North Woburn NeighborhoodEstimated Value: $8,238,469
6
Acres
$1,373,078
Price per Acre
261,360
Sq Ft Lot
Highlights
- 6 Acre Lot
- Wooded Lot
- Tennis Courts
- Property is near public transit
- No HOA
- 1-minute walk to Ferullo Field
About This Lot
As of December 20126.0 acre site zoned R-1 for single family development; recent zoning overlay established in 2009 for Senior Housing up to 150 units; Due diligence period begins on 11/10/09 and call for offers on 01/19/10. All proposals must have the following: Letter of Intent, evidence of financing, description of project; timeline of project, site plan showing proposed development, information on the development company.
Property Details
Property Type
- Land
Lot Details
- 6 Acre Lot
- Property fronts a state road
- Level Lot
- Wooded Lot
- Property is zoned SHO
Location
- Property is near public transit
Schools
- Linscott Elementary School
- Kennedy Middle School
- WMHS High School
Listing and Financial Details
- Legal Lot and Block 02 / 01
- Assessor Parcel Number 905456
Community Details
Recreation
- Tennis Courts
- Park
- Jogging Path
- Electricity Available at Street
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2009
Closed on
Dec 24, 2012
Sold by
Bishop Roman Cath
Bought by
859 Main Dev Llc
Seller's Agent
Stephen Braese
Century 21 North East
Buyer's Agent
Stephen Braese
Century 21 North East
List Price
$6,000,000
Sold Price
$3,600,000
Premium/Discount to List
-$2,400,000
-40%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,638,469
Avg. Annual Appreciation
6.60%
Original Mortgage
$2,700,000
Outstanding Balance
$1,875,937
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$6,362,532
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 859 Main Dev Llc | $3,600,000 | -- | |
| 859 Main Dev Llc | $3,600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 859 Main Dev Llc | $2,700,000 | |
| Closed | 859 Main Dev Llc | $2,700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/24/2012 12/24/12 | Sold | $3,600,000 | -40.0% | -- |
| 11/24/2012 11/24/12 | Pending | -- | -- | -- |
| 11/09/2009 11/09/09 | For Sale | $6,000,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | -- | $4,493,900 | $3,674,600 | $819,300 |
| 2024 | -- | $4,493,900 | $3,674,600 | $819,300 |
| 2023 | $0 | $4,462,000 | $3,642,700 | $819,300 |
| 2022 | $0 | $4,420,500 | $3,601,200 | $819,300 |
| 2021 | $11,362 | $4,407,300 | $3,588,000 | $819,300 |
| 2020 | $0 | $4,407,300 | $3,588,000 | $819,300 |
| 2019 | $47 | $4,373,900 | $3,554,700 | $819,200 |
| 2018 | $0 | $4,373,900 | $3,554,700 | $819,200 |
| 2017 | -- | $4,316,300 | $3,515,900 | $800,400 |
| 2016 | -- | $4,316,300 | $3,515,900 | $800,400 |
| 2015 | -- | $2,456,400 | $1,076,800 | $1,379,600 |
| 2014 | -- | $2,456,400 | $1,076,800 | $1,379,600 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Braese
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 70999820
APN: WOBU-000018-000007-000001
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