NOT LISTED FOR SALE

1 Olson St Unit 17 Wilmington, MA 01887

Estimated Value: $688,000 - $858,000

2 Beds
2.5 Baths
2,008 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $526,000 $262 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,610/month

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • Wilmington High School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of May 2024

Spacious,Elegant,Updated Townhouse for Rent at Wilmington’s most coveted 2013 condo community. Conveniently located near restaurants, groceries, parks, & just2min walk to Wilmington Tstation. It is a 2bed, 2.5bath END UNIT townhouse (2008sq.ft) & showcases an open-plan kitchen with SS appliances, granite countertops, beautiful backsplash, hardwood floors & breakfast bar seating which flows into the dining & living room, perfect for entertaining. A sliding glass door connects the dining room to the deck. The second floor offers a master suite and a large closet, a second generous bedroom with a walk-in closet and an attached bathroom. This floor has a newer washer dryer(2023).Natural light fills the house, accentuating the gleaming hardwood floors & high ceilings to further elevate the luxurious experience. The fully-finished walkout basement on the lower level is versatile, providing an additional family room, or home office.1garage & 1additional parking with moe vistor parking.

Last Agent to Rent the Property

Preeti Walhekar

Keller Williams Realty Boston Northwest Listed on: 04/11/2024

Keller Williams Realty Boston Northwest

Co-Listed By

Edward Comeau

Keller Williams Realty Boston Northwest

Last Renter's Agent

Preeti Walhekar

Keller Williams Realty Boston Northwest Listed on: 04/11/2024

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,689

Year Built

  • Built in 2013

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 2,008 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Boutwell Elementary School
  • Wilmington Mid Middle School
  • Wilmington High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 5/25/24
  • Rent includes snow removal, gardener, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 4702884

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,689

Year Built

Built in 2013

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-05-25
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 2013
  • Entry Level: 3
  • Year Built Details: Actual
  • CoOp Comp: 1000
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Instant Hot Water
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Living Area: 2008
  • Spa YN: No
  • MAIN LO: BB3298
  • MAIN SO: BB3298

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station
  • Rent Includes: Snow Removal, Gardener, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4702884
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Wilmington High
  • Elementary School: Boutwell
  • Middle Or Junior School: Wilmington Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Apr 21, 2020
Sold by
Manzelli Karalyn J
Bought by
Bhatia Neha and Lakhpatwala Pratik
Seller's Agent
Tony Mallozzi
Anthony Joseph Real Estate LLC
Buyer's Agent
Preeti Walhekar
Keller Williams Realty Boston Northwest
List Price
$567,000
Sold Price
$526,000
Premium/Discount to List
-$41,000
-7.23%
Current Estimated Value
$753,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,819
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Manzelli Erik M and Manzelli Karalyn J
Bought by
Manzelli Karalyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 16, 2013
Sold by
Rotary Park Ests Dev L
Bought by
Manzelli Erik M and Manzelli Karalyn J
Seller's Agent
Jonathan Parker
RE/MAX Encore
Buyer's Agent
Tony Mallozzi
Anthony Joseph Real Estate LLC
List Price
$409,900
Sold Price
$409,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$373,336
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bhatia Neha $526,000 None Available
Manzelli Karalyn J -- --
Manzelli Erik M $409,900 --
Manzelli Erik M $409,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manzelli Karalyn J $380,000
Previous Owner Manzelli Erik M $373,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Rented $3,600 +2.9% --
04/22/2024 04/22/24 Under Contract -- -- --
04/11/2024 04/11/24 For Rent $3,500 0.0% --
04/27/2020 04/27/20 Sold $526,000 -4.3% $262 / Sq Ft View Prior Sale
03/10/2020 03/10/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $549,900 -3.0% $274 / Sq Ft
01/16/2020 01/16/20 For Sale $567,000 +38.3% $282 / Sq Ft
07/15/2013 07/15/13 Sold $409,900 0.0% $204 / Sq Ft View Prior Sale
05/20/2013 05/20/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $409,900 -- $204 / 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 $5,741 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222700

MLS Property Information Network (MLS PIN)

APN: WILM-000042-000000-000000-000015-17