When was property at 5 Independence Lane built and last sold?

The property at 5 Independence Lane was built in 2005 and last sold on Jul 12, 2022 for $1,110,000.

How much is this home worth?

The estimated value of the home located at 5 Independence Lane is $1,051,252.

What are some comparable homes to 5 Independence Lane?

There are currently no comparable homes to 5 Independence Lane.

Norfolk

5 Independence Lane

$1,110,000

● House - Off Market

5 Independence Lane

Medway, MA 02053

4 Beds

2 Baths, 1 Half Bath

4,560 Ft²

$1,002,521

RealtyHop Estimate

2.31%

Since Aug 1, 2022

National-US

Primary Model

About This Property

Distinctive 4 BR, 2.5 BA custom builder's Colonial showcases 3658 sqft. of craftsmanship & superior design, beautifully situated in Ishmael Coffee Estates,w a private wooded BY opening to a large patio w/fire pit area & trek deck w/a profes landscaped private wooded lot. First floor features a grand 2 story entry foyer, crown molding & French doors & custom built ins. The chef's gourmet eat-in kitchen w/large granite island boasts an open plan, upgraded chef style Appls, gleaming HWDS, & custom cabinetry. Relax in a Magnificent Expansive Fireside Family Rm w/Cathedral ceiling, perfect for entertaining & casual living, convenient first floor office, crown molding and French Doors. A spacious formal LR/DR complete the main level. The Upp level boasts a grand main rm spa en-suite w/sitting area, lge walk-in closet plus 3 additional generously sized BRMS. Finished LL presents additional LA w/media & game rm plus home gym and wine closet. 3 car garage. UPGRADES LIST ATTACHED. Welcome Home!

Unit Size

4,560 Ft²

Days on Market

Land Size

0.52 acres

Price per sqft

$215

Property Type

House

Property Taxes

$1,044

HOA Dues

Year Built

2005

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSPIN #72985930)

Price History

Date / Event	Date	Event
Jul 12, 2022	Sold	Premium
Sold
May 21, 2022	Listed by Realty Executives Boston West	$979,900
Listed by Realty Executives Boston West

Property Highlights

Garage

Parking Available

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2005

Effective Year Built: 2005
Building Count: 1
Total Rooms: 11
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 3
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 300
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 1,663
Garage Type: 17
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 22,564

Total Building Area: 3,578
Gross Building Area: 6,726
Building Area: 3,578
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 10
Heated Square Feet: 3,578
Heating Fuel Type: 6

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000518
Standard Land Use Code: 1001
County Land Use Code: 101

Neighborhood

School District Name: Medway School District

School Tax School District: MEDWAY SD
Census Tract: 408102

Zoning

Zoning: ARII

Geography

Account Number: 5-A1-5

Parcel: MEDW M:46 B:030
Block: 30
Municipality: MEDWAY
Latitude: 42.1466
Longitude: -71.4411

Address

Full Address: 5 Independence Ln

Address - House Number: 5
Address - Street Name: Independence
Address - Suffix Type: Ln
State: MA
City Name: Medway
Carrier Code: R004
4-Digit Zip Code: 6159
Zip Code: 02053

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,365,400
Initial Tax Delinquent Year: 2022

Appraisal Valuation

Standard Deviation: 0.1497

Valuation Date: Jan 17, 2024
Confidence Score: 81
Final Value: 1,125,629
High Value: 1,294,154
Low Value: 957,103

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $856,600
Assessed Land Value: $294,400
Assessed Improvements Value: $562,200

Sales

Current Sale Contract Date: Jul 12, 2022

Current Sale Recording Date: Jul 12, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 62052

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Norfolk

Stats & Trends

Median Asking:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

Average Home Size

2557 ft²

Average Home Age

60.6 years

Currently For Sale

1444 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72985930

5 Independence Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Norfolk

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions