Check Availability

2 James Terrace

2 James Terrace, Woburn, MA 01801
Property in Downtown Woburn
Sold Dec 01, 2020
$489,000
$464,550 by Northern Bank & Trust Co
Mortgage Due Dec 01, 2050
Sold Aug 22, 2014
$315,000
$215,000 by Mortgage Master Inc
Mortgage Due Aug 22, 2044
2 James Terrace in Woburn, MA was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2 James Terrace has 912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 912 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 10,080 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with stone control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 James Terrace sold most recently in Nov 24, 2020 for a total of $489,000. If you work out the math, that's approximately a cost of $536.18 per sqft. Before that, the property was also sold for $315,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,161 in taxes each year. 2 James Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $478,300. If we break it down further, the land itself was valued at $284,800. Improvements to the property, however, were assessed at a total of $193,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking

Condition

Cleared Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Stone
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 912
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 912
  • Gross Building Area: 1,896
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 912
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN 4927C
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEVINE JOHN J
  • Previous Owner : PERACHI TRACY
  • Owner Before Previous Owner: TAYLOR JONATHAN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333400

Zoning

  • Zoning: R-1

Geography

  • Account Number: 276983753862 0
  • Parcel: WOBU M:52 B:15 L:40 U:00
  • Block: 15
  • Lot: 40
  • Municipality: WOBURN
  • Latitude: 42.4777
  • Longitude: -71.1349

    Address

  • Full Address: 2 James Ter
  • Address - House Number: 2
  • Address - Street Name: James
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Woburn
  • Carrier Code: C072
  • 4-Digit Zip Code: 5223
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,161

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 587,098
  • High Value: 693,203
  • Low Value: 480,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,550
  • First Open Lien Mortgage Lender: NORTHERN BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $464,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,300
  • Assessed Land Value: $284,800
  • Assessed Improvements Value: $193,500

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11806183187
  • Current Sale Price: $489,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1862370
  • Previous Sale Recording Date: Aug 22, 2014
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: NORTHERN BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $464,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MASTER INC
  • Previous Mortgage Transaction Date: Aug 22, 2014
  • Previous Mortgage Loan Amount: $215,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 22, 2044

About Downtown Woburn



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2 James Terrace located in?
The 2 James Terrace is a located in the neighborhood of Downtown Woburn in Downtown Woburn, Woburn.
What is the average sales price for listings in 2 James Terrace?
The average sales price for units in 2 James Terrace is $0 currently.

Quantcast