$410,000
SOLD MAR 3, 2022

12 Olmstead Ave Wilmington, MA 01887

3 Beds
1.5 Baths
1,693 Sq Ft
0.26 Acres

Recently Sold

$242 Per Sq Ft

7% Below List Price

308 Days on Market

Highlights

  • Property is near public transit
  • Dutch Architecture
  • Baseboard Heating
  • Wilmington High School Rated A-
  • Shops

About This Home

As of September 2022

**SHORT SALE** The price of $440,000 is already approved by the lender. Any offer less than the listing price will not be considered. Sold "as is", "as seen", "where is" with all items and materials inside and outside of home to be conveyed. Seller/Agent make no warranties or representations. Buyer responsible for any and all inspections necessary to complete sale, this includes Title V and smoke certifications. Buyers making an offer will be required to pay $5K short sale negotiation fee (cannot be financed). Caution when enter. Electric and water is turned off. Cash or rehab loan is required.

Last Agent to Sell the Property

James Pham

RE/MAX Partners Listed on: 10/06/2020

Last Buyer's Agent

Pillar Realty Group

Keller Williams Gateway Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,038

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot

Home Design

  • 1,693 Sq Ft Home
  • Dutch Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Private Sewer

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 884423

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,038

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Gambrel /Dutch
  • Year Built: 1991
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Flooring: Other
  • Fireplace YN: No
  • Appliances: Oil Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Master Bathroom Features: No
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 1693
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 253.99
  • PRICE PER Sq Ft: 242.17
  • MAIN SO: AN5851

Exterior Features

  • Exterior Features: Other
  • Construction Materials: Frame, See Remarks
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School, T-Station

Lot Info

  • Parcel Number: 884423
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11325.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 11325
  • PAGE: 165

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6037.67
  • Tax Book Number: 5590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 3, 2022
Sold by
Fuller Brian R and Fuller Kathryn L
Bought by
Perrino John
Seller's Agent
James Pham
RE/MAX Partners
Buyer's Agent
Pillar Realty Group
Keller Williams Gateway Realty
List Price
$440,000
Sold Price
$410,000
Premium/Discount to List
-$30,000
-6.82%
Current Estimated Value
$837,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,176
Avg. Annual Appreciation
20.14%
Original Mortgage
$427,500
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1991
Sold by
Wl Rt
Bought by
Fuller Brian R and Kathryn Fuller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,710
Interest Rate
9.36%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Not Resolvable $410,000 None Available
Deed $151,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 Purchase Money Mortgage
Previous Owner $190,000 No Value Available
Previous Owner $161,000 No Value Available
Previous Owner $138,000 No Value Available
Previous Owner $136,710 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $684,900 0.0% $273 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $684,900 +67.0% $273 / Sq Ft
03/03/2022 03/03/22 Sold $410,000 -4.7% $242 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $430,000 -2.3% $254 / Sq Ft
05/28/2021 05/28/21 Price Changed $440,000 0.0% $260 / Sq Ft
05/28/2021 05/28/21 For Sale $440,000 +63.0% $260 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $270,000 +22.7% $159 / Sq Ft
10/06/2020 10/06/20 For Sale $220,000 -- $130 / 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 $7,761 $677,800 $273,200 $404,600
2024 $7,384 $646,000 $273,200 $372,800
2023 $7,132 $597,300 $248,300 $349,000
2022 $6,004 $460,800 $206,900 $253,900
2021 $6,027 $435,500 $188,100 $247,400
2020 $6,038 $444,600 $188,100 $256,500
2019 $5,614 $408,300 $179,100 $229,200
2018 $5,880 $404,800 $170,600 $234,200
2017 $5,880 $406,900 $163,500 $243,400
2016 $5,527 $377,800 $155,700 $222,100
2015 $5,107 $355,400 $155,700 $199,700
2014 $4,743 $333,100 $148,300 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72738446

MLS Property Information Network (MLS PIN)

APN: WILM-000032-000000-000000-000033A