NOT LISTED FOR SALE

87 Park Ave Natick, MA 01760

Estimated Value: $969,000 - $1,151,000

3 Beds
3 Baths
2,469 Sq Ft
2004 Built

Last Sold August 10, 2017

Last sale price $645,000 $261 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,220/month

12 Days on Market

About This Home

As of August 2017

Welcome Home! Get ready to move right into this amazing LUXURY TOWNHOUSE conveniently nestled between nearby rt27 and adjacent rt9 - near loads of shopping and the Natick Collection! Like new and meticulously maintained, this Home features an Open Floor Plan on the First Floor with 9 ft Ceilings, Crown Molding, Wainscoting, Kitchen with Granite Countertops, Eat in Bar and SS Appliances, Hardwood Floors 1st and 2nd levels, Master bedroom Suite with Gorgeous Bath and Walk-in Closet, 2nd Floor Laundry Room ... and more! Want more? How about no condo fees? And, if you are looking for extra room, this home boasts an amazing overall 3500sqft (approx), which is far above the average living area of townhomes in the area ... and this is due to the huge additional +900sqft finished basement. You are welcomed to stop by, as you'll be impressed with both the pride of ownership (as this home is move-in-ready), as well as the overall expansive room for your family!

Last Agent to Sell the Property

Robert Surprenant

Coldwell Banker Realty - Leominster Listed on: 06/05/2017

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Roberta Waters

Realty Executives Boston West

Realty Executives Boston West

Property Details

Home Type

Condominium

Year Built

2004

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Attached
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Highway Access, Public School, T-Station
  • Electric: 110 Volts, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wood Laminate
  • Interior Amenities: Security System, Cable Available
  • Bedroom 2: Second Floor, 18X11
  • Bedroom 3: Second Floor, 17X12
  • Bathroom #1: First Floor, 5X5
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 15X9
  • Laundry Room: Second Floor, 10X7
  • Master Bedroom: Second Floor, 20X15
  • Master Bedroom Description: Bathroom - Full, Flooring - Hardwood
  • Dining Room: First Floor, 15X12
  • Family Room: First Floor, 21X15
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth1 Room Name: Play Room
  • Oth1 Dimen: 44X20
  • Oth1 Dscrp: Closet - Walk-in, Flooring - Laminate, Cable Hookup, Exterior Access, Open Floor Plan
  • Oth1 Level: Basement
  • No Living Levels: 2
  • Main Lo: K95001
  • Main So: BB5398

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Tandem
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Park Avenue Condo Association
  • Association Fee Includes: N/A
  • Management: No Management
  • No Units: 2
  • Unit Building: 87

Lot Info

  • Assessor Parcel Number: M:00000019 P:0000015A
  • Zoning: RSA

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 10, 2017
Sold by
Shankar Parameshwaran B and Shankar Aarthi
Bought by
Lederer Ira and Lederer Emily
Seller's Agent
Robert Surprenant
Coldwell Banker Realty - Leominster
Buyer's Agent
Roberta Waters
Realty Executives Boston West
List Price
$629,900
Sold Price
$645,000
Premium/Discount to List
$15,100
2.4%
Current Estimated Value
$1,025,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,530
Avg. Annual Appreciation
5.94%
Original Mortgage
$516,000
Outstanding Balance
$429,629
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$618,743

Purchase Details

Closed on
Nov 25, 2014
Sold by
Parameshwaran B
Bought by
Shankar Aarthi and Shankar Parameshwaran B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Hunting Fred S
Bought by
Parameshwan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,875
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Edgewater Dev Assoc In
Bought by
Hunting Fred Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Lederer Ira $645,000 --
Shankar Aarthi -- --
Parameshwan B $432,500 --
Hunting Fred Stanley $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederer Ira $516,000
Previous Owner Shankar Aarthi $397,000
Previous Owner Parameshwan B $410,875
Previous Owner Hunting Fred Stanley $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $645,000 +2.4% $261 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $629,900 -- $255 / 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 $10,356 $865,900 $0 $865,900
2024 $10,141 $827,200 $0 $827,200
2023 $9,143 $723,300 $0 $723,300
2022 $8,724 $654,000 $0 $654,000
2021 $8,543 $627,700 $0 $627,700
2020 $8,543 $627,700 $0 $627,700
2019 $7,906 $622,000 $0 $622,000
2018 $7,827 $599,800 $0 $599,800
2017 $7,384 $547,400 $0 $547,400
2016 $7,279 $536,400 $0 $536,400
2015 $6,634 $480,000 $0 $480,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72176668

MLS Property Information Network (MLS PIN)

APN: NATI-000019-000000-000015A