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88 Potter Pond

88 Potter Pond, Lexington, MA 02421
Property in Follen Heights
Sold Oct 15, 2021
$900,000
$809,900 by Guaranteed Rate Inc
Mortgage Due Oct 15, 2051
Sold Feb 21, 2017
$760,000
Local assessors in Lexington, MA have categorized 88 Potter Pond as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 435 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 88 Potter Pond has a total of 1,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 88 Potter Pond sold most recently in Oct 14, 2021 for a total of $900,000. If you work out the math, that's approximately a cost of $457.32 per sqft. Before that, the property was also sold for $760,000 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 $10,400 in taxes each year. 88 Potter Pond was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $800,000. Improvements to the property, however, were assessed at a total of $800,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 736
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 435
  • Total Building Area: 1,968
  • Gross Building Area: 2,898
  • Building Area: 1,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,968
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SUL JAE H
  • Current Owner 2: LEE HYUN J
  • Previous Owner : MOU JIANI
  • Owner Before Previous Owner: GARFIELD SARA H EST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358300

Zoning

  • Zoning: RD

Geography

  • Parcel: LEXI M:0004 L:043-88
  • Lot: 43-88
  • Municipality: LEXINGTON
  • Latitude: 42.4123
  • Longitude: -71.2169

    Address

  • Full Address: 88 Potter Pond
  • Address - House Number: 88
  • Address - Street Name: Potter Pond
  • State: MA
  • City Name: Lexington
  • Carrier Code: C006
  • 4-Digit Zip Code: 8251
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,400

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 997,247
  • High Value: 1,154,967
  • Low Value: 839,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $809,900
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $809,900
  • 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: Oct 15, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $800,000
  • Assessed Improvements Value: $800,000

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11860448547
  • Current Sale Price: $900,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 227463
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $809,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Follen Heights



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Frequently Asked Questions

What neighborhood is 88 Potter Pond located in?
The 88 Potter Pond is a located in the neighborhood of Follen Heights in Follen Heights, Lexington.
What is the average sales price for listings in 88 Potter Pond?
The average sales price for units in 88 Potter Pond is $0 currently.

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