NOT LISTED FOR SALE

3 Richardson St Unit C2 Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $342,000 - $357,000

1 Bed
1 Bath
681 Sq Ft
1971 Built

Last Sold May 26, 2015

Last sale price $165,000 $242 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,168/month

4 Days on Market

About This Home

As of May 2015

Meticulously maintained garden style condominium with one-bedroom, eat-in kitchen, open living area and substantial closet space. Terrace Condominium is a desirable complex, condominium fee includes heat, hot water, gas, sewer, laundry on site and exterior maintenance. Perfect opportunity to live in Wakefield in walking distance from downtown shopping, restaurants, public transportation and lake. Great investment and starter property for first time home buyer. Why pay rent when you can own? Don't miss your opportunity to view this Unit!

Last Agent to Sell the Property

Amber D'ambrosio

Cameron Prestige, LLC Listed on: 04/02/2015

Cameron Prestige, LLC

Last Buyer's Agent

Tracey Cleversey

Hive Property Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,311

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping
  • Flooring: Tile, Wall to Wall Carpet
  • Kitchen: First Floor, 11X13
  • Living Room: First Floor, 18X14
  • Master Bedroom: First Floor, 12X14
  • Master Bedroom Description: Flooring - Wall to Wall Carpet

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Parking Spaces: 1

Condo/Co-op/Association

  • Condominium Name: Terrace Condominiums
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Snow Removal
  • Pets Allowed: No
  • No Units: 32
  • Unit Building: C2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 26, 2015
Sold by
Vitale Peter A
Bought by
Mangarelli Diane M
Seller's Agent
Amber D'ambrosio
Cameron Prestige, LLC
Buyer's Agent
Tracey Cleversey
Hive Property Group
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%
Current Estimated Value
$342,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,517
Avg. Annual Appreciation
7.40%
Original Mortgage
$129,600
Outstanding Balance
$101,484
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$240,333

Purchase Details

Closed on
Dec 2, 2005
Sold by
Coombs Charles W and Coombs Lorraine M
Bought by
Raneri Biagio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1989
Sold by
Golon William Est
Bought by
Coombs Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
9.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mangarelli Diane M $164,250 --
Raneri Biagio $154,000 --
Coombs Charles W $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangarelli Diane M $129,600
Previous Owner Raneri Biagio $74,000
Previous Owner Coombs Charles W $29,000
Previous Owner Coombs Charles W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $165,000 +3.8% $242 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $159,000 +16.9% $233 / Sq Ft
02/24/2012 02/24/12 Sold $136,000 -6.2% $200 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
09/17/2011 09/17/11 Price Changed $145,000 -6.5% $213 / Sq Ft
06/30/2011 06/30/11 For Sale $155,000 -- $228 / 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 $3,311 $291,700 $0 $291,700
2024 $3,282 $291,700 $0 $291,700
2023 $3,328 $283,700 $0 $283,700
2022 $2,889 $234,500 $0 $234,500
2021 $2,972 $233,500 $0 $233,500
2020 $2,742 $214,700 $0 $214,700
2019 $2,416 $188,300 $0 $188,300
2018 $2,072 $160,000 $0 $160,000
2017 $2,024 $155,300 $0 $155,300
2016 $1,738 $128,800 $0 $128,800
2015 $1,676 $124,300 $0 $124,300
2014 $1,589 $124,300 $0 $124,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71810199

MLS Property Information Network (MLS PIN)

APN: WAKE-18 73 0C2