20 Otis St Wakefield, MA 01880
Lakeside NeighborhoodEstimated Value: $764,309 - $789,000
3
Beds
2
Baths
1,800
Sq Ft
$431/Sq Ft
Est. Value
About This Home
As of September 2020Opportunity for owner occupied or investor! Two family home located close to Wakefield center, shopping/dining, commuter rail and Lake Quannapowitt. Lower unit features, kitchen with access to deck/backyard, living room, office and bath on the main level with an expansive bedroom in the lower level. Lower Unit also has access to basement utilities and storage. Upper unit has kitchen, living area, office and bathroom on main level with two bedrooms on the upper level. Each unit has separate gas, electric and in unit washer and dryer. Backyard is enclosed and private with walk out access from basement utilities. Great value and location, a must see, don't miss out! Unit 1 is occupied, month to month rental, and is rented under market value. Unit 2 is vacant and easy to show.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,911
Year Built
- Built in 1800
Lot Details
- 4,792
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Additional Features
- Deck
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number 17-031-181
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2020
Closed on
Sep 29, 2020
Sold by
Roy Luke
Bought by
Piparo Alyssa G and Arias Shawn F
Seller's Agent
Kathleen Roy
Century 21 North East
Buyer's Agent
Kathleen Roy
Century 21 North East
List Price
$569,900
Sold Price
$600,000
Premium/Discount to List
$30,100
5.28%
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,827
Avg. Annual Appreciation
4.65%
Original Mortgage
$540,000
Outstanding Balance
$486,768
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$254,789
Purchase Details
Closed on
Aug 1, 2002
Sold by
Oneill Sean P and Oneill Amy C
Bought by
Roy Luke
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 1998
Sold by
Macdonald Thomas J
Bought by
Oneil Sean P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 1992
Sold by
Stoneham Sb
Bought by
Macdonald Thomas J
Purchase Details
Closed on
Dec 23, 1991
Sold by
Rockland Rt Wakefield
Bought by
Stoneham Sb
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Wakefield, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Piparo Alyssa G | $600,000 | None Available | |
| Roy Luke | $355,000 | -- | |
| Oneil Sean P | $200,000 | -- | |
| Macdonald Thomas J | $117,500 | -- | |
| Stoneham Sb | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Piparo Alyssa G | $540,000 | |
| Previous Owner | Roy Luke J | $77,100 | |
| Previous Owner | Roy Luke J | $299,000 | |
| Previous Owner | Roy Luke | $324,000 | |
| Previous Owner | Roy Luke | $329,000 | |
| Previous Owner | Roy Luke J | $100,000 | |
| Previous Owner | Roy Luke J | $328,000 | |
| Previous Owner | Roy Luke J | $325,000 | |
| Previous Owner | Roy Luke J | $325,000 | |
| Previous Owner | Roy Luke | $325,000 | |
| Previous Owner | Roy Luke | $319,500 | |
| Previous Owner | Oneil Sean P | $85,000 | |
| Previous Owner | Rockland Rt | $20,000 | |
| Previous Owner | Rockland Rt | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2020 09/30/20 | Sold | $600,000 | +5.3% | $333 / Sq Ft |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $569,900 | -- | $317 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,911 | $697,000 | $333,100 | $363,900 |
| 2024 | $7,796 | $693,000 | $331,200 | $361,800 |
| 2023 | $7,412 | $631,900 | $302,000 | $329,900 |
| 2022 | $7,091 | $575,600 | $275,100 | $300,500 |
| 2021 | $6,802 | $534,300 | $256,400 | $277,900 |
| 2020 | $6,379 | $499,500 | $239,700 | $259,800 |
| 2019 | $6,093 | $474,900 | $227,900 | $247,000 |
| 2018 | $3,923 | $438,100 | $210,200 | $227,900 |
| 2017 | $5,336 | $409,500 | $196,500 | $213,000 |
| 2016 | $4,923 | $364,900 | $185,900 | $179,000 |
| 2015 | $4,597 | $341,000 | $173,700 | $167,300 |
| 2014 | $4,191 | $327,900 | $167,000 | $160,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Roy
K
Seller's Agent in 2020
Kathleen Roy
Century 21 North East
(978) 664-2100
1 in this area
20 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72701114
APN: WAKE-000017-000031-000181
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 3 Rockland St
- 39 Pleasant St
- 44 Salem St Unit C
- 10 Foster St Unit 306
- 10 Foster St Unit 203
- 3 Richardson St Unit C6
- 13 Chestnut St Unit 2
- 13 Chestnut St Unit 1
- 20 Lawrence St Unit 3
- 63 Richardson St
- 24 Armory St
- 80 Preston St Unit 2
- 80 Preston St Unit 1
- 11 Spaulding St Unit 2
- 50 Tuttle St Unit 10
- 11 Traverse St
- 62 Foundry St Unit 411
- 62 Foundry St Unit 406
- 62 Foundry St Unit 508
- 62 Foundry St Unit 311