NOT LISTED FOR SALE

1 Olson St Unit 20 Wilmington, MA 01887

Estimated Value: $687,584 - $752,000

2 Beds
3 Baths
1,534 Sq Ft
2012 Built

Last Sold June 30, 2015

Last sale price $432,000 $282 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,398/month

21 Days on Market

About This Home

As of June 2015

Fabulous condo with beautiful water views! Rare opportunity in Wilmington - just a short walk to commuter rail! The main level of this unit offers a gorgeous open kitchen complete with granite countertops, ss appliances, and custom cabinetry. The kitchen opens up into dining area, which leads out to balcony overlooking the lovely pond. This floor is complete with a powder room, and spacious living room with gas fireplace, crown molding, and over-sized picture windows. Recessed lighting and hardwood flooring throughout this level. Upstairs you'll find the sun filled cathedral ceiling master suite, master bath with granite double vanity. Additional full bath, and guest room with walk in closet and water views. The ground level of this unit offers even more living space - the family room is spacious, tiled, offers recessed lighting and sliders leading out to back patio - perfect for entertaining! This newer unit has been meticulously maintained and is move-in ready!

Last Agent to Sell the Property

Eileen Lorway

Redfin Corp. Listed on: 05/13/2015

Last Buyer's Agent

Caroline Caira

RE/MAX On the Charles

RE/MAX On the Charles

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,650

Year Built

2012

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2012

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Bedroom 2: Second Floor, 12X15
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 10X14
  • Laundry Room: Second Floor
  • Living Room: First Floor, 16X22
  • Master Bedroom: Second Floor, 15X19
  • Master Bedroom Description: Bathroom - Full, Ceiling - Cathedral
  • Dining Room: First Floor, 12X12
  • Family Room: Basement, 14X16

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Deck - Composite, Patio, Decorative Lighting

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air, 2 Units
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Condominium Name: Rotary Park Estate
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: No
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 21
  • Unit Building: 20

Lot Info

  • Assessor Parcel Number: M:0042 L:0000 P:0015-20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 1, 2015
Sold by
Ibrahim Ramy and Vilic Tea
Bought by
Kumar Pritam and Garnaik Swati
Seller's Agent
Eileen Lorway
Redfin Corp.
Buyer's Agent
Caroline Caira
RE/MAX On the Charles
List Price
$424,900
Sold Price
$432,000
Premium/Discount to List
$7,100
1.67%
Current Estimated Value
$714,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,146
Avg. Annual Appreciation
4.93%
Original Mortgage
$388,800
Outstanding Balance
$302,845
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$411,301

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 26, 2012
Sold by
Rotary Park Ests Dev L
Bought by
Ibrahim Ramy and Ville Tea
Seller's Agent
Jonathan Parker
RE/MAX Encore
Buyer's Agent
Max Kamel
Venture
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
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
Kumar Pritam $432,000 --
Ibrahim Ramy $379,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Pritam $388,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2015 06/30/15 Sold $432,000 0.0% $282 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/19/2015 05/19/15 Off Market $432,000 -- --
05/13/2015 05/13/15 For Sale $424,900 +11.8% $277 / Sq Ft
10/26/2012 10/26/12 Sold $379,900 0.0% $189 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $379,900 -- $189 / 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 $7,650 $668,100 $0 $668,100
2024 $7,543 $659,900 $0 $659,900
2023 $7,011 $587,200 $0 $587,200
2022 $6,385 $490,000 $0 $490,000
2021 $6,856 $495,400 $0 $495,400
2020 $6,801 $500,800 $0 $500,800
2019 $6,342 $461,200 $0 $461,200
2018 $6,015 $417,400 $0 $417,400
2017 $5,721 $395,900 $0 $395,900
2016 $5,665 $387,200 $0 $387,200
2015 $5,472 $380,800 $0 $380,800
2014 $5,179 $363,700 $0 $363,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71836098

MLS Property Information Network (MLS PIN)

APN: WILM-000042-000000-000000-000015-20