NOT LISTED FOR SALE

1 Rhode Island Rd Wilmington, MA 01887

Estimated Value: $732,467 - $848,000

3 Beds
2 Baths
1,626 Sq Ft
$475/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $502,000 $309 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,986/month

7 Days on Market

About This Home

As of September 2016

Move right in and start enjoying this updated, well maintained split cape. Recently remodeled kitchen with island and breakfast bar. Upgrades throughout. Front to back livingroom with oversized deck to private backyard. Extra livingspace in the fnished familyroom. Roomy bedrooms and freshly painted interior. Convenient to Rt 3 and Rt 495. Dead end street in sought after neighborhood.

Last Agent to Sell the Property

Elaine Hoff

RE/MAX Encore Listed on: 05/11/2016

RE/MAX Encore

Last Buyer's Agent

Richard Rosa

Buyers Brokers Only, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,820

Year Built

  • 1991

Lot Details

  • 0.39

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,820

Year Built

1991

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Appliances: Range, Dishwasher, Microwave
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Park, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Doors
  • Flooring: Tile, Wall to Wall Carpet
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Basement: Partially Finished, Interior Access
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Ceiling Fan(s)
  • Dining Room: First Floor
  • Family Room: Basement

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

  • Elementary School: Shawsheen5

Lot Info

  • Zoning: res

Multi Family

  • Foundation: @34x24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Sep 1, 2016
Sold by
Obrien Paul A and Obrien Deborah A
Bought by
Chung Christopher R
Seller's Agent
Elaine Hoff
RE/MAX Encore
Buyer's Agent
Richard Rosa
Buyers Brokers Only, LLC
List Price
$489,900
Sold Price
$502,000
Premium/Discount to List
$12,100
2.47%
Total Days on Market
7
Current Estimated Value
$772,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,117
Avg. Annual Appreciation
4.55%
Original Mortgage
$476,900
Outstanding Balance
$386,291
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$354,885

Purchase Details

Closed on
Jan 7, 1994
Sold by
Buzzotta Michael F and Buzzotta Rosemary
Bought by
Obrien Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1991
Sold by
Presidential Dev Corp
Bought by
Buzzotta Michael F and Rosemary Buzzotta
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
Chung Christopher R $502,000 --
Obrien Paul A $198,000 --
Buzzotta Michael F $171,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Christopher R $476,900
Previous Owner Obrien Paul A $250,000
Previous Owner Buzzotta Michael F $15,000
Previous Owner Obrien Deborah A $100,000
Previous Owner Buzzotta Michael F $50,000
Previous Owner Buzzotta Michael F $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $502,000 +2.5% $309 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $489,900 -- $301 / 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 $7,820 $683,000 $304,000 $379,000
2024 $7,465 $653,100 $304,000 $349,100
2023 $7,201 $603,100 $276,400 $326,700
2022 $6,832 $524,300 $230,300 $294,000
2021 $6,849 $494,900 $209,300 $285,600
2020 $6,855 $504,800 $209,300 $295,500
2019 $6,372 $463,400 $199,300 $264,100
2018 $6,156 $427,200 $189,800 $237,400
2017 $6,030 $417,300 $187,200 $230,100
2016 $5,685 $388,600 $178,300 $210,300
2015 $5,285 $367,800 $178,300 $189,500
2014 $4,920 $345,500 $169,900 $175,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72005345

MLS Property Information Network (MLS PIN)

APN: WILM-000035-000000-000000-000071