NOT LISTED FOR SALE

234 Water St Unit 306 Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $454,000 - $488,000

2 Beds
1 Bath
847 Sq Ft
$563/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $427,500 $505 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,406/month

About This Home

As of May 2023

Come and see this beautiful unit at Park Crossing. Property is conveniently located near Wakefield commuter rail, bus stops and shops. Unit features open floor plan, granite countertops with an oversize island, stainless steel appliances, in-unit washer and dryer, central heat, central AC, hardwood and tile flooring throughout. Condo fees includes heat and water, storage bin, 1 parking space and plenty of visitors parking. Open house Saturday and Sunday 1-3pm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 15, 2023
Sold by
Patel Manish R and Patel Chetna M
Bought by
Williams Erica M
Seller's Agent
Wai Ng
eXp Realty
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$389,900
Sold Price
$427,500
Premium/Discount to List
$37,600
9.64%
Views
116
Current Estimated Value
$476,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,386
Avg. Annual Appreciation
3.27%
Original Mortgage
$342,000
Outstanding Balance
$334,194
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,507

Purchase Details

Closed on
Jul 10, 2013
Sold by
Patel Manish R and Patel Chetna M
Bought by
Patel Ret and Patel Manish R

Purchase Details

Closed on
Feb 12, 1999
Sold by
Park Crossing Rt and Aronis Marc C
Bought by
Feng Jian Kang and Lan Xiu Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Average Value
Not Available
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
Williams Erica M $427,500 None Available
Patel Ret -- --
Feng Jian Kang $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Erica M $342,000
Previous Owner Patel Ret $4,550,000
Previous Owner Feng Jian Kang $217,200
Previous Owner Patel Chetna M $187,500
Previous Owner Patel Chetna M $62,500
Previous Owner Patel Chetna M $50,200
Previous Owner Feng Jian Kang $98,000
Previous Owner Feng Jian Kang $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $427,500 +9.6% $505 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $389,900 0.0% $460 / Sq Ft
02/01/2019 02/01/19 Rented $1,850 0.0% --
01/26/2019 01/26/19 Under Contract -- -- --
01/03/2019 01/03/19 For Rent $1,850 +32.1% --
04/02/2012 04/02/12 Rented $1,400 -6.7% --
03/03/2012 03/03/12 Under Contract -- -- --
11/22/2011 11/22/11 For Rent $1,500 -- --

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 $4,587 $404,100 $0 $404,100
2024 $4,203 $373,600 $0 $373,600
2023 $4,285 $365,300 $0 $365,300
2022 $4,433 $359,800 $0 $359,800
2021 $2,797 $313,900 $0 $313,900
2020 $3,407 $266,800 $0 $266,800
2019 $3,259 $254,000 $0 $254,000
2018 $3,289 $254,000 $0 $254,000
2017 $3,213 $246,600 $0 $246,600
2016 $2,984 $221,200 $0 $221,200
2015 $2,925 $217,000 $0 $217,000
2014 $2,693 $210,700 $0 $210,700
Source: Public Records

Agents Affiliated with this Home

  • Wai Ng

    Seller's Agent in 2023

    Wai Ng

    eXp Realty

    (617) 833-8856

    1 in this area

    103 Total Sales

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  • Frank Celeste

    Buyer's Agent in 2023

    Frank Celeste

    Gibson Sothebys International Realty

    (617) 872-3227

    1 in this area

    488 Total Sales

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  • Praful Thakkar

    Seller's Agent in 2012

    Praful Thakkar

    Laer Realty

    (508) 314-1640

    17 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    James Butler

    J.Butler Property Management

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Map

Massachusetts Middlesex County Wakefield 01880 Montrose

234 Water St Unit 306, Wakefield, MA

This home is located at 234 Water St Unit 306, Wakefield, MA 01880 and is currently estimated at $476,886, approximately $563 per square foot. 234 Water St Unit 306 is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, St Joseph School, and Odyssey Day School.

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.

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