487 Place Lane # 487, Woburn MA 01801

Woburn, MA 01801
$385,000
2
Beds
2
Baths
1,400
Sq Ft
$275
Price/Sq Ft
1986
Year Built
1
Parking
23
Days on Market
Sold Listed May 15, 2020 • MLS# 72656767 Copied! • Updated Jul 9, 2020

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Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $385,000
Difference: $14,900 (-3.7%)
Performance Metrics
96.3%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $286
Sale $/sq ft: $275
This property sold for $275 per square foot
Sale Summary

This property sold for 3.7% below the original asking price.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$275/sq ft
Area Median
$446/sq ft
Difference
38.3%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Welcome Home! 2 Bedroom, 2 Bathroom Top Floor Unit in sought after Place Lane Condos! This open concept floor plan offers a bright and sunny living room complete with fireplace and access to the balcony. Beautiful engineered hardwood floors throughout! Master bedroom offers walk in closet and master bathroom! Convenient in unit laundry and extra separate storage. Close to multiple highways: Routes 3, 93, and 95, shopping, restaurants, parks, schools, and much more!! Don't miss your chance! Make your appointment Today!!

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Recently Sold Nearby

Property History

Market Insights

99.1%
Price Range
25
Total Days on Market

Property Timeline

Current Active Listing - MLS #73579833
Full transaction history available when tracking began
🏡
Currently Listed
Sep 18, 2026
$3,550
MLS #73579833 - Active
Sold
Jul 8, 2020
$385,000
Property sold
Days on Market: 25
🏠
Listed for Sale
May 15, 2020
$399,900
Original listing
Agent: Marjorie McCue Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2020 $3,446 $369,700

Financial Details

Annual Property Tax
$3,446
Tax Year 2020
HOA Fee
$474
Monthly
Assessed Value
$369,700

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,400 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,446
Assessed Value $369,700

HOA & Community

HOA Fee $474 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Elevator(s), Tennis Court(s), Clubroom, Storage
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 487
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1986
Bedrooms
2
Full Bathrooms
2
Living Area
1,400 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Floor Layout

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Security:

Construction & Materials

Year Built: 1986
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
School District
Woburn School District local
B-
School Safety 2024-25
1.5% Average
1.5% Suspensions 0.3% In-School
4.0% below state avg
E

Elementary Schools

8 schools
St. Charles Elementary School
0.9 mi
Grades PK-08
B
Hurld-Wyman Elementary School
0.4 mi | #340 of 825 | Score: 49.3
Improved 57 spots from last year
-8.9 below state avg
363 students Moderate
Rising School Strong Attendance
Grades K-05
B-
Malcolm White School
0.7 mi | #490 of 825 | Score: 45.0
Improved 223 spots from last year
-13.3 below state avg
322 students Diverse
Rising School Strong Attendance
Grades K-05
B-
Shamrock School
1.0 mi | #461 of 825 | Score: 45.7
Improved 149 spots from last year
-12.5 below state avg
292 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades PK-05
B
Linscott-Rumford School
1.4 mi | #368 of 825 | Score: 48.5
Improved 88 spots from last year
-9.7 below state avg
224 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C+
Goodyear Elementary School
1.6 mi | #573 of 825 | Score: 42.1
Improved 51 spots from last year
-16.1 below state avg
319 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
D
Mary D Altavesta School
1.7 mi | #761 of 825 | Score: 31.7
Dropped 276 spots from last year
-26.5 below state avg
225 students Diverse
Diverse Student Body
Grades K-05
B+
Clyde Reeves School
2.1 mi | #328 of 825 | Score: 49.7
Improved 7 spots from last year
-8.5 below state avg
447 students Diverse
Strong Attendance
Grades PK-05
M

Middle Schools

2 schools
B
John F Kennedy Middle School
0.4 mi | #168 of 352 | Score: 42.9
Improved 50 spots from last year
-15.3 below state avg
498 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades 06-08
C+
Daniel L Joyce Middle School
1.3 mi | #218 of 352 | Score: 39.3
Dropped 15 spots from last year
-18.9 below state avg
434 students Diverse
Strong Attendance
Grades 06-08
H

High Schools

1 school
B
Woburn High School
0.7 mi | #147 of 346 | Score: 56.6
Dropped 25 spots from last year
-1.6 below state avg
1,203 students Diverse
18 sports • 2,056 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

487 Place Lane # 487, Woburn MA 01801

Woburn, MA 01801

Listing Information

Listing Agent Marjorie McCue
Listing Office Lamacchia Realty, Inc.
Office Phone 339-645-9300
Agent MLS ID CN220342
Office MLS ID AN2885
Listing Data Updated Jul 9, 2020 4:33 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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