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7 Shady Lane Drive

7 Shady Lane Drive, Burlington, MA 01803
Sold Jul 20, 2021
$865,000
$465,000 by Members Mortgage Company Inc
Mortgage Due Jul 20, 2051
Sold Jul 30, 2010
$490,000
$392,000 by Reliant Mtg Co
Mortgage
7 Shady Lane Drive has been categorized by the local assessors in Burlington, MA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Shady Lane Drive has 2,979 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,186 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 20, 2021 for $865,000. That's $290.37 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $490,000. 7 Shady Lane Drive was last assessed in 2024. The total value of the property was assessed at $753,200. Specifically, the land the property is located on was valued at $372,500. While improvements on the property were assessed at a total of $380,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,734. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,332
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,186
  • Total Building Area: 2,979
  • Gross Building Area: 4,315
  • Building Area: 2,979
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,979
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.463
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HO LUAN
  • Previous Owner : FEINBERG SCOTT G
  • Previous Owner 2: FEINBERG JACIE L
  • Owner Before Previous Owner: RUSSELL RICHARD A
  • Owner Before Previous Owner 2: RUSSELL GAYLE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burlington School District
  • School Tax School District: BURLINGTON SD
  • Census Tract: 332401

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000035 P:000067
  • Municipality: BURLINGTON
  • Latitude: 42.4962
  • Longitude: -71.2027

    Address

  • Full Address: 7 Shady Lane Dr
  • Address - House Number: 7
  • Address - Street Name: Shady Lane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Burlington
  • Carrier Code: C035
  • 4-Digit Zip Code: 4010
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,734

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 973,190
  • High Value: 1,143,494
  • Low Value: 802,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: MEMBERS MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 20, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,200
  • Assessed Land Value: $372,500
  • Assessed Improvements Value: $380,700

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11845190130
  • Current Sale Price: $865,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 162938
  • Previous Sale Recording Date: Jul 30, 2010
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEMBERS MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: RELIANT MTG CO
  • Previous Mortgage Transaction Date: Jul 30, 2010
  • Previous Mortgage Loan Amount: $392,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Burlington Town Center



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2 Littles Brook Court #Bedford, Burlington, MA, 01803 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 7 Shady Lane Drive located in?
The 7 Shady Lane Drive is a located in the neighborhood of Burlington Town Center in Burlington Town Center, Burlington.
What is the average sales price for listings in 7 Shady Lane Drive?
The average sales price for units in 7 Shady Lane Drive is $0 currently.

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