NOT LISTED FOR SALE

234 Water St Unit 205 Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $407,000 - $554,000

2 Beds
1 Bath
756 Sq Ft
1999 Built

Last Sold March 16, 2022

Last sale price $360,000 $476 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,768/month

Highlights

  • Property is near public transit
  • No HOA
  • Balcony
  • Solid Surface Countertops
  • Jogging Path
  • Intercom

About This Home

As of April 2023

This beautiful 2 bedroom, 1 bath condo rental is located in convenient downtown Wakefield. Easy commute with MBTA Commuter Rail & I-95 access just minutes away! Close to shops and restaurants, as well as schools, parks & scenic Lake Quannapowitt. This unit is ideally rear-facing on the upper level, overlooking Nasella Playground. Offers great natural light, privacy and tranquility. Built in 1999, this modern condo has everything you want - open concept kitchen/living room with stainless steel appliances, granite countertops, maple cabinets, breakfast bar & slider out to balcony. New premium flooring in living room and hallway. Full bath with tile flooring, large vanity, tub & shower. Large primary bedroom and good-sized second bedroom perfect for home office. In-unit laundry. Central air. Extra storage. Guest parking. No pets, No smoking. Renters open house 3/18 11am-1pm & 3/21 5pm-7pm.

Last Agent to Rent the Property

Alexandra Tice

Chinatti Realty Group, Inc. Listed on: 03/16/2023

Chinatti Realty Group, Inc.

Last Renter's Agent

Alexandra Tice

Chinatti Realty Group, Inc. Listed on: 03/16/2023

Chinatti Realty Group, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1999

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 756 Sq Ft Home
  • Light Fixtures
  • Sliding Doors
  • Dining Area
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 5/1/23
  • Rent includes heat, hot water, water, extra storage, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 3441246

Community Details

Recreation

  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,264

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-05-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2300

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Entry Level: 2
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Dining Area, Countertops - Stone/Granite/Solid
  • Laundry Features: In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Balcony - Exterior, Slider, Lighting - Overhead
  • Accessibility Features: No
  • Living Area: 756
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 3.04
  • PRICE PER Sq Ft: 3.04
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access
  • Rent Includes: Heat, Hot Water, Water, Extra Storage, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 205

Lot Info

  • Parcel Number: 3441246
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 756
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 16, 2022
Sold by
Borodkin Vitaly and Macdonald Amy
Bought by
Napolitano Andrew
Seller's Agent
Ronald Trapasso
Keller Williams Realty
Buyer's Agent
Jenna Marquis
Compass
List Price
$339,500
Sold Price
$360,000
Premium/Discount to List
$20,500
6.04%
Current Estimated Value
$455,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,197
Avg. Annual Appreciation
6.75%
Original Mortgage
$291,600
Outstanding Balance
$272,233
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,964

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 11, 2020
Sold by
Vigneau Adam R
Bought by
Macdonald Amy L and Borodkin Vitaly
Seller's Agent
Ryan Mirisola
Lamacchia Realty, Inc.
Buyer's Agent
Pillar Realty Group
Keller Williams Gateway Realty
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$271,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 2, 2016
Sold by
Boudreau Francis and Sheehan Julie
Bought by
Vigneau Adam R
Seller's Agent
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Ryan Mirisola
Lamacchia Realty, Inc.
List Price
$239,700
Sold Price
$245,000
Premium/Discount to List
$5,300
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$196,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 26, 2014
Sold by
Omnia Financial Inc
Bought by
Boudreau Frank and Sheehan Julie
Seller's Agent
Marco Bettencourt
Bettencourt Real Estate
Buyer's Agent
Kimberly Zecher
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$202,410
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Brasil Roger H
Bought by
Omnia Financial

Purchase Details

Closed on
Oct 15, 2007
Sold by
Brasil Ricardo H
Bought by
Omnia Financial Inc and Brasil Roger H

Purchase Details

Closed on
Oct 28, 2002
Sold by
Floramo Sharon C
Bought by
Brasil Ricardo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1999
Sold by
Park Crossing Rt and Aronis Mark C
Bought by
Floramo Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.76%
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 Buyer Sale Price Title Company
Napolitano Andrew $360,000 None Available
Macdonald Amy L $305,000 None Available
Vigneau Adam R $245,000 --
Boudreau Frank $224,900 --
Omnia Financial -- --
Omnia Financial Inc -- --
Brasil Ricardo H $210,000 --
Floramo Sharon C $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Napolitano Andrew $291,600
Previous Owner Macdonald Amy L $271,400
Previous Owner Vigneau Adam R $196,000
Previous Owner Boudreau Frank $202,410
Previous Owner Brasil Ricardo H $215,900
Previous Owner Floramo Sharon C $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Rented $2,300 0.0% --
04/16/2023 04/16/23 Under Contract -- -- --
03/16/2023 03/16/23 For Rent $2,300 0.0% --
03/16/2022 03/16/22 Sold $360,000 +6.0% $476 / Sq Ft View Prior Sale
01/25/2022 01/25/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $339,500 +11.3% $449 / Sq Ft
01/16/2020 01/16/20 Sold $305,000 -1.6% $403 / Sq Ft View Prior Sale
12/12/2019 12/12/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $310,000 +26.5% $410 / Sq Ft
05/02/2016 05/02/16 Sold $245,000 +2.2% $324 / Sq Ft View Prior Sale
03/22/2016 03/22/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $239,700 +6.6% $317 / Sq Ft
09/25/2014 09/25/14 Sold $224,900 0.0% $297 / Sq Ft View Prior Sale
09/06/2014 09/06/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $224,900 -- $297 / 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 $4,264 $375,700 $0 $375,700
2024 $3,908 $347,400 $0 $347,400
2023 $3,985 $339,700 $0 $339,700
2022 $4,122 $334,600 $0 $334,600
2021 $3,726 $292,700 $0 $292,700
2020 $3,177 $248,800 $0 $248,800
2019 $3,039 $236,900 $0 $236,900
2018 $3,068 $236,900 $0 $236,900
2017 $2,997 $230,000 $0 $230,000
2016 $2,783 $206,300 $0 $206,300
2015 $2,728 $202,400 $0 $202,400
2014 $2,511 $196,500 $0 $196,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73088318

MLS Property Information Network (MLS PIN)

APN: WAKE-000031-000148L-000001AL