NOT LISTED FOR SALE

1 Olson St Unit 16 Wilmington, MA 01887

Estimated Value: $688,000 - $754,000

2 Beds
3 Baths
2,008 Sq Ft
2013 Built

Last Sold November 30, 2017

Last sale price $482,500 $240 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,498/month

5 Days on Market

About This Home

As of November 2017

Luxury condominium oasis in the center of Wilmington for the commuting professional! Master bedroom with vaulted ceiling & open, detailed living space with gleaming hardwood floors, granite throughout, & recessed lighting w/in kitchen, dining room, & living room. Sit by the relaxing zero clearance gas fireplace in the living room w/ a prewired television mount complemented by a perfect built-in media area for today's technology. Patio door from the dining/kitchen area opens up to a tranquil sitting deck. Easy access from garage space to the finished basement for bonus game room or media area w/ another patio slider to the rear patio for easy BBQ grilling. Walking trails at Rotary Park are incorporated into the open space natural reservation & playground area. Area amenities include shopping, restaurants, Town dog park & new Yentile Recreation Center. Nearby MBTA Commuter Rail to Boston (Lowell Line) & LRTA bus to Lowell. Welcome home to Rotary Park Estates, an FHA approved complex!

Last Agent to Sell the Property

Brian Hermann

Better Living Real Estate, LLC Listed on: 10/05/2017

Last Buyer's Agent

Mike Hughes Team

Hughes Residential

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,689

Year Built

2013

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle, Back, Ground, Walkout
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Third Floor
  • Bathroom #3: Third Floor
  • Kitchen: Second Floor
  • Laundry Room: Third Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Bathroom - Full, Ceiling - Cathedral, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Dining Room: Second Floor
  • Family Room: First Floor
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: AC1854
  • Main So: AN2743

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Unit Features: Deck - Vinyl, Deck - Composite, Patio, Screens, Gutters, Professional Landscaping, Sprinkler System
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Attached, Under, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Rotary Park Estates
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 23
  • Unit Building: 16

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Wildwood/Woburn
  • Middle School: Wms
  • High School: Whs

Lot Info

  • Assessor Parcel Number: M:0042 L:0000 P:0015-16
  • Zoning: RESA

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 30, 2017
Sold by
Damato Louise M
Bought by
Wang Hao and Li Yanyi
Seller's Agent
Brian Hermann
Better Living Real Estate, LLC
Buyer's Agent
Mike Hughes Team
Hughes Residential
List Price
$484,900
Sold Price
$482,500
Premium/Discount to List
-$2,400
-0.49%
Current Estimated Value
$724,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,111
Avg. Annual Appreciation
5.33%
Original Mortgage
$377,500
Outstanding Balance
$317,328
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$407,283

Purchase Details

Listed on
Jan 24, 2013
Closed on
Jun 5, 2013
Sold by
Rotary Park Ests Dev L
Bought by
Damato Louise M
Seller's Agent
Jonathan Parker
RE/MAX Encore
Buyer's Agent
Joselin Malkhasian
Lamacchia Realty, Inc.
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
4.27%
Original Mortgage
$319,920
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wang Hao $482,500 --
Damato Louise M $399,900 --
Damato Louise M $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hao $377,500
Previous Owner Damato Louise M $319,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2017 11/30/17 Sold $482,500 -0.5% $240 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $484,900 +21.3% $241 / Sq Ft
06/05/2013 06/05/13 Sold $399,900 0.0% $199 / Sq Ft View Prior Sale
05/20/2013 05/20/13 Pending -- -- --
01/24/2013 01/24/13 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 $7,689 $671,500 $0 $671,500
2024 $7,572 $662,500 $0 $662,500
2023 $7,039 $589,500 $0 $589,500
2022 $6,409 $491,900 $0 $491,900
2021 $6,883 $497,300 $0 $497,300
2020 $6,825 $502,600 $0 $502,600
2019 $6,365 $462,900 $0 $462,900
2018 $6,036 $418,900 $0 $418,900
2017 $5,741 $397,300 $0 $397,300
2016 $5,685 $388,600 $0 $388,600
2015 $5,491 $382,100 $0 $382,100
2014 $5,196 $364,900 $0 $364,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Hermann

    Seller's Agent in 2017

    Brian Hermann

    Better Living Real Estate, LLC

    (978) 828-4105

    9 Total Sales

    Brian Hermann
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Hughes Team

    Hughes Residential

    Section Image
  • Jonathan Parker

    Seller's Agent in 2013

    Jonathan Parker

    RE/MAX

    (978) 886-3737

    148 Total Sales

    Jonathan Parker
    Section Image
  • Joselin Malkhasian

    Buyer's Agent in 2013

    Joselin Malkhasian

    Lamacchia Realty, Inc.

    (781) 316-5279

    197 Total Sales

    Joselin Malkhasian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72238948

MLS Property Information Network (MLS PIN)

APN: WILM-000042-000000-000000-000015-16

Massachusetts Middlesex County Wilmington 01887

1 Olson St Unit 16, Wilmington, MA

This home is located at 1 Olson St Unit 16, Wilmington, MA 01887 since 05 October 2017 and is currently estimated at $724,611, approximately $360 per square foot. This property was built in 2013. 1 Olson St Unit 16 is a home located in Middlesex County with nearby schools including Wilmington Middle School, Wilmington High School, and Abundant Life Christian School and Childcare.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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