NOT LISTED FOR SALE

1 Olson St Unit 7 Wilmington, MA 01887

Estimated Value: $667,000 - $730,000

2 Beds
2.5 Baths
2,008 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $610,000 $304 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,798/month

4 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Landscaped Professionally
  • Wilmington High School Rated A-
  • Custom Closet System
  • Deck

About This Home

As of December 2021

Welcome to this CORNER unit - sun filled, bright and modern 3 level town home conveniently located minutes from the MBTA Commuter Rail station. The main level has gleaming hardwood floors and a modern contemporary kitchen with SS appliances and recess lights throughout. The open dining/family room has custom crown moldings, gas fireplace, and your very own private balcony accessed via the sliding glass doors looking into the woods. Two large bedrooms, with a grand cathedral ceiling in the primary bedroom, each with their own bath along with laundry complete the 2nd floor. The lower level offers easy access to the attached garage, spacious mudroom and bonus/office/playroom with slider doors to the patio area. Close to Rotary Park park, shopping, schools and playground. Low condo fees.

Last Agent to Sell the Property

Jyoti Justin

Leading Edge Real Estate Listed on: 10/20/2021

Leading Edge Real Estate

Last Buyer's Agent

Carol Martino

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • Near Conservation Area
  • Landscaped Professionally
  • Sprinkler System
  • Garden

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Arched Doorways
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Exterior Basement Entry

Kitchen

  • Country Kitchen
  • Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • WES Elementary School
  • WMS Middle School
  • WHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0042 L:0000 P:00157,4702889

Community Details

Overview

  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 23 Units
  • Rotary Park Estates Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,642

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$256 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2011
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Internet Available - Broadband, High Speed Internet
  • Door Features: Insulated Doors, French Doors
  • Entry Location: Unit Placement(Walkout)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Bedroom2 Area: 180
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 285
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 30
  • Bathroom 1 Features: Bathroom - Half, Countertops - Stone/Granite/Solid, Lighting - Sconce
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 84
  • Bathroom 2 Features: Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid, Double Vanity, Lighting - Sconce, Lighting - Overhead
  • Bathroom 3 Features: Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid, Lighting - Sconce
  • Bathroom 3 Level: Second
  • Bathroom 3 Area: 54
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Open Floorplan, Recessed Lighting, Slider
  • Room Dining Room Level: Main
  • Room Dining Room Area: 143
  • Room Family Room Level: Basement
  • Room Family Room Features: Closet, Flooring - Stone/Ceramic Tile, Balcony / Deck, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Storage
  • Room Family Room Area: 208
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Wood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Country Kitchen, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances
  • Room Kitchen Area: 130
  • Laundry Features: Laundry Closet, Lighting - Overhead, Archway, Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Area: 357
  • Room Living Room Features: Closet/Cabinets - Custom Built, Window(s) - Bay/Bow/Box, Cable Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead, Archway
  • Accessibility Features: No
  • Living Area: 2008
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 293.77
  • PRICE PER Sq Ft: 303.78
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Garden, Rain Gutters, Professional Landscaping, Sprinkler System
  • Common Walls: Corner
  • Construction Materials: Frame, Stone
  • Patio And Porch Features: Deck - Composite, Deck - Access Rights, 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
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Deeded, Tandem, Assigned, Guest, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 256
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 7
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:0042 L:0000 P:00157,4702889
  • Zoning: Res Condo
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 103
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6642
  • Tax Book Number: 5

Multi Family

  • Number Of Units Total: 23
  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Whs
  • Elementary School: Wes
  • Middle Or Junior School: Wms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 1, 2021
Sold by
Gandhi Jitesh V
Bought by
Cardos Julian R
Seller's Agent
Jyoti Justin
Leading Edge Real Estate
Buyer's Agent
Carol Martino
Coldwell Banker Realty - Lynnfield
List Price
$589,900
Sold Price
$610,000
Premium/Discount to List
$20,100
3.41%
Total Days on Market
4
Current Estimated Value
$704,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,590
Avg. Annual Appreciation
4.11%
Original Mortgage
$488,000
Outstanding Balance
$449,027
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,563

Purchase Details

Closed on
Jul 11, 2011
Sold by
Rotary Park Estates De
Bought by
Gandhi Jitesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,318
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cardos Julian R $610,000 None Available
Gandhi Jitesh $369,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardoos Julian R $30,000
Open Cardos Julian R $488,000
Closed Gandhi Jitesh V $100,000
Previous Owner Gandhi Jitesh $288,000
Previous Owner Gandhi Jitesh $294,400
Previous Owner Gandhi Jitesh $303,318
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $610,000 +3.4% $304 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $589,900 -- $294 / 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 $7,582 $662,200 $0 $662,200
2024 $7,397 $647,200 $0 $647,200
2023 $6,800 $569,500 $0 $569,500
2022 $6,183 $474,500 $0 $474,500
2021 $6,642 $479,900 $0 $479,900
2020 $6,589 $485,200 $0 $485,200
2019 $7,216 $447,000 $0 $447,000
2018 $5,550 $404,700 $0 $404,700
2017 $5,550 $384,100 $0 $384,100
2016 $5,496 $375,700 $0 $375,700
2015 $5,311 $369,600 $0 $369,600
2014 $5,028 $353,100 $0 $353,100
Source: Public Records

Agents Affiliated with this Home

  • Jyoti Justin

    Seller's Agent in 2021

    Jyoti Justin

    Leading Edge Real Estate

    (781) 929-3558

    78 Total Sales

    Jyoti Justin
    Section Image
  • Carol Martino

    Buyer's Agent in 2021

    Carol Martino

    Coldwell Banker Realty - Lynnfield

    (781) 426-5886

    14 Total Sales

    Carol Martino
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72910525

MLS Property Information Network (MLS PIN)

APN: WILM-000042-000000-000000-000015-7

Massachusetts Middlesex County Wilmington 01887

1 Olson St Unit 7, Wilmington, MA

This home is located at 1 Olson St Unit 7, Wilmington, MA 01887 since 20 October 2021 and is currently estimated at $704,590, approximately $350 per square foot. This property was built in 2011. 1 Olson St Unit 7 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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