$399,900
SOLD MAR 26, 2014

1 Olson St Unit 11 Wilmington, MA 01887

2 Beds
2.5 Baths
2,008 Sq Ft
2007 Built

Recently Sold

$199 Per Sq Ft

61 Days on Market

Highlights

  • Medical Services
  • Deck
  • Cathedral Ceiling
  • Wilmington High School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of May 2016

Construction Under Way for Final Phase! Don't miss out....be in by the Holidays!! Classic elegance & modern luxury converge in these magnificent 3 level townhouses! Steps to MBTA Boston commuter rail, nearby recreation area w/jogging trails, shopping & restaurants. Bright & open floor plan offers 2,008 s.f. of living space. Development is FHA approved!

Last Agent to Sell the Property

Jonathan Parker

RE/MAX Encore Listed on: 01/22/2014

RE/MAX Encore

Co-Listed By

Sharon Kelley-Parrella

RE/MAX Encore

Last Buyer's Agent

David Spertner

Stockwood Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $136

Year Built

  • Built in 2007

Lot Details

  • Near Conservation Area

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,008 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Decorative Lighting
  • 1 Fireplace
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Insulated Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 15 / 3
  • Assessor Parcel Number M:0042 L:0000 P:001511,4702884

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 23 Units
  • Rotary Park Estate Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$136

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2007
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual,Under Construction
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Street,Walkout)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Bathroom - Full, Walk-In Closet(s)
  • Room Bedroom2 Area: 180
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Cathedral Ceiling(s)
  • Room Master Bedroom Area: 285
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4
  • Room Dining Room Features: Flooring - Hardwood, Balcony / Deck
  • Room Dining Room Area: 144
  • Room Family Room Features: Flooring - Stone/Ceramic Tile
  • Room Family Room Area: 224
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 140
  • Laundry Features: In Unit
  • Room Living Room Area: 352
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Living Area: 2008
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: B95079
  • LIST PRICE PER Sq Ft: 199.15
  • PRICE PER Sq Ft: 199.15
  • MAIN SO: AC1807

Exterior Features

  • Exterior Features: Balcony, Decorative Lighting
  • Construction Materials: Frame
  • Home Warranty YN: Yes
  • Patio And Porch Features: Deck, Deck - Composite, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Central Air, Dual
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: mwra
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 223
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 11
  • MANAGEMENT: Developer Control

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:0042 L:0000 P:001511,4702884
  • Zoning: townhouses
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 0

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 136
  • Tax Block: 3
  • Tax Book Number: 0
  • Tax Lot: 15
  • Tax Map Number: 42

Multi Family

  • Number Of Units Total: 23
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 31, 2016
Sold by
Wolf Lynn
Bought by
Rathod Deepak and Jain Neha
Seller's Agent
David Spertner
Stockwood Realty LLC
Buyer's Agent
Judith Johnson
Leading Edge Real Estate
List Price
$449,000
Sold Price
$442,000
Premium/Discount to List
-$7,000
-1.56%
Current Estimated Value
$722,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,344
Avg. Annual Appreciation
5.51%
Original Mortgage
$413,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 26, 2014
Sold by
Rotary Park Est Dev Ll
Bought by
Wolf Lynn
Seller's Agent
Jonathan Parker
RE/MAX Encore
Buyer's Agent
David Spertner
Stockwood Realty LLC
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$205,000
Interest Rate
4.36%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $442,000 --
Deed $399,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,200 Stand Alone Refi Refinance Of Original Loan
Closed $413,250 New Conventional
Previous Owner $115,000 Credit Line Revolving
Previous Owner $205,000 No Value Available
Previous Owner $205,000 Credit Line Revolving
Previous Owner $1,315,215 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $442,000 -1.6% $220 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $449,000 +12.3% $224 / Sq Ft
03/26/2014 03/26/14 Sold $399,900 0.0% $199 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
01/27/2014 01/27/14 Off Market $399,900 -- --
01/22/2014 01/22/14 For Sale $399,900 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,682 $670,900 $0 $670,900
2024 $7,563 $661,700 $0 $661,700
2023 $7,030 $588,800 $0 $588,800
2022 $6,402 $491,300 $0 $491,300
2021 $6,876 $496,800 $0 $496,800
2020 $6,819 $502,100 $0 $502,100
2019 $6,358 $462,400 $0 $462,400
2018 $6,029 $418,400 $0 $418,400
2017 $5,735 $396,900 $0 $396,900
2016 $5,679 $388,200 $0 $388,200
2015 $5,476 $381,100 $0 $381,100
2014 $1,551 $108,900 $0 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71625290

MLS Property Information Network (MLS PIN)

APN: WILM-000042-000000-000000-000015-11