NOT LISTED FOR SALE

29 Summer Hill Rd Dracut, MA 01826

Estimated Value: $745,000 - $856,000

3 Beds
3 Baths
2,340 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $420,000 $179 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,673/month

55 Days on Market

About This Home

As of August 2017

This home has the perfect location combination - a serene neighborhood setting located close to Rt. 93 and NH shopping. The house has been well maintained inside and out. The first floor has been freshly painted and flows easily from the living room to dining room and into the kitchen which has recessed lights, ample cabinets and a generous pantry. From the kitchen you will find sliders which lead out to the screened in porch where you can sit and listen to the sounds of nature all around you while sipping your morning coffee. All of the bedrooms get excellent sunlight which makes them light and bright! The master bedroom has a walk in closet, private bath and large sitting area. The recently finished third floor hosts the bonus room as well as home office, or turn it into a fabulous guest suite! A wonderful home in a fabulous neighborhood.

Last Agent to Sell the Property

The Lucci Witte Team

William Raveis R.E. & Home Services Listed on: 05/18/2017

William Raveis R.E. & Home Services

Last Buyer's Agent

Donna Bursey

Berkshire Hathaway HomeServices Verani Realty Salem

Berkshire Hathaway HomeServices Verani Realty Salem

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,054

Year Built

2002

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.50
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, Public School
  • Electric: 200 Amps
  • Energy: Storm Windows
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Interior Amenities: Security System, Cable Available
  • Basement: Partial
  • Bedroom 2: Second Floor, 14X12
  • Bedroom 3: Second Floor, 13X12
  • Kitchen: First Floor, 26X12
  • Laundry Room: First Floor
  • Living Room: First Floor, 14X13
  • Master Bedroom: Second Floor, 18X14
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 14X13
  • Family Room: Third Floor, 23X17
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth2 Room Name: Home Office
  • Oth2 Dimen: 13X17
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet
  • Main Lo: M59500
  • Main So: K95310
  • Estimated Sq Ft: 2340.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Screened
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1
  • Acre: 1.10
  • Lot Size: 47916.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 24, 2017
Sold by
Illie Radu and Loghin Madalina
Bought by
Wolfe Terrence J and Wolfe Michele
Seller's Agent
The Lucci Witte Team
William Raveis R.E. & Home Services
Buyer's Agent
Donna Bursey
Berkshire Hathaway HomeServices Verani Realty Salem
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Current Estimated Value
$778,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,737
Avg. Annual Appreciation
7.73%
Original Mortgage
$336,000
Outstanding Balance
$280,894
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$497,843

Purchase Details

Closed on
May 10, 2002
Sold by
1 Line Rlty Dev Llc
Bought by
Ilie Radu and Loghin Madalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,734
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolfe Terrence J $420,000 --
Ilie Radu $318,688 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Terrence J $336,000
Previous Owner Ilie Radu $271,734
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $420,000 -1.2% $179 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/13/2017 06/13/17 Price Changed $424,900 -3.4% $182 / Sq Ft
05/18/2017 05/18/17 For Sale $440,000 -- $188 / 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 $7,054 $697,000 $256,200 $440,800
2024 $6,894 $659,700 $244,200 $415,500
2023 $6,679 $576,800 $212,500 $364,300
2022 $6,552 $533,100 $193,300 $339,800
2021 $6,320 $485,800 $175,600 $310,200
2020 $6,200 $464,400 $170,300 $294,100
2019 $5,922 $430,700 $162,200 $268,500
2018 $5,926 $419,100 $162,200 $256,900
2017 $5,438 $419,100 $162,200 $256,900
2016 $5,396 $363,600 $163,000 $200,600
2015 $5,248 $351,500 $163,000 $188,500
2014 $4,915 $339,200 $163,000 $176,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72168237

MLS Property Information Network (MLS PIN)

APN: DRAC-000001-000019-000073