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501 Ferncroft Tower # 501, Middleton MA 01949

Middleton, MA 01949
$490,000
Est. $4,039/month
2
Beds
2
Baths
1,640
Sq Ft
$299
Price/Sq Ft
1976
Year Built
96
Days on Market
Closed Listed Apr 3, 2024 • MLS# 73219094 Copied!

About this home

Move-in ready and decorate to your hearts desire this beautifully laid out 2 bedroom, 2 bath, 1640 s.f. condo at the prestigious Ferncroft Tower. Newly painted, this unit enjoys southeast views from walls of windows and your very own 46 ft. private balcony accessible from all rooms. The updated kitchen is fully applianced; quartz counters and cabinets galore, and includes washer & dryer. The huge living/dining area--great for entertaining family and friends. The main bedroom suite enjoys custom closets galore including a 12x6 ft. walk-in closet and beautiifully updated main bath. Enjoy the many amenities Ferncroft Tower offers such as: Garage parking, extra storage, 24-hr. security, on-site manager, resident maintenance superintendent, heated outdoor pool, newly renovated fitness center, function room for 125 guests, AND ..... BEST OF ALL... the condo fee is ALL INCLUSIVE. SINGLE-LEVEL LIVING AT ITS BEST!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1976
Bedrooms
2
Full Bathrooms
2
Living Area
1,640 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $490,000
Difference: +$15,000 (+3.2%)
Performance Metrics
103.2%
List to Sale Ratio
Sold above asking price
96
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $299
This property sold for $299 per square foot
Sale Summary

This property sold for 3.2% above the original asking price, indicating strong buyer demand.

At 96 days on market, this property took longer than average to sell.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 1,640 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Tile, Marble, Parquet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Building, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground, Heated
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Assigned, Off Street, Common, Guest, Paved
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,538
Assessed Value $466,100

Interior Features

Flooring: Tile, Marble, Parquet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Building, In Unit
Security: TV Monitor, Security Guard

Construction & Materials

Year Built: 1976
Structure Type: High-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Individual, Unit Control
Heating Zones: 3
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 3
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

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Garage Door Opener, Assigned, Off Street, Common, Guest, Paved

Location

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Neighborhood

501 Ferncroft Tower # 501, Middleton MA 01949

Middleton, MA 01949

Walkability

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Nearby Schools

School District
Masconomet School District local
School Safety 2024-25
0.6% Low
0.6% Suspensions 1.0% In-School
4.9% below state avg
E

Elementary Schools

1 school
B+
Ivan G Smith School
1.2 mi | #333 of 824 | Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Masconomet Regional Middle School
1.9 mi | #89 of 352 | Score: 50.9
Dropped 7 spots from last year
-7.3 below state avg
553 students Less Diverse
Grades 07-08
H

High Schools

3 schools
A-
Essex North Shore Agricultural and Technical School
0.6 mi | #76 of 346 | Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
Northeast Behavioral Health
0.9 mi
Grades 09-12
St. John's Prep School
1.5 mi
Grades 06-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $462
Homeowners Insurance $200
HOA Fee $900/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.1%
Price Range
47
Total Days on Market

Property Timeline

Sold
Aug 16, 2024
$490,000
Property sold
Days on Market: 47
🏠
Listed for Sale
Apr 3, 2024
$475,000
Original listing
Agent: Ann McGuiggin Office: Country Crossroads Realty Associates LLC

Price & Status History

Date Event Price Change
Apr 3, 2024 New Listing Added $475,000

Market Statistics

Days on Market
96 days
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2024 $5,538 $466,100

Financial Details

Annual Property Tax
$5,538
Tax Year 2024
HOA Fee
$900
Monthly
Assessed Value
$466,100

Listing Information

Listing Agent Ann McGuiggin
Listing Office Country Crossroads Realty Associates LLC
Agent MLS ID CN237711
Office MLS ID AC1097
Listing Data Updated Aug 22, 2024 12:03 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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Market Analytics for Middleton, MA

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