NOT LISTED FOR SALE

3 Richardson St Unit D5 Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $384,576 - $472,000

2 Beds
1 Bath
869 Sq Ft
$337/mo HOA Fee

Last Sold November 26, 2018

Last sale price $272,500 $314 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,857/month

24 Days on Market

About This Home

As of November 2018

Nestled privately in the trees, you'd never know Terrace Condominiums is just steps from all Downtown Wakefield has to offer! This move in ready garden style top floor condo offers an open living area and eat in kitchen with a private balcony. Freshly painted throughout, new carpets in both spacious bedrooms, and closets in every room. Laundry located in building. 2 deeded parking spaces with this unit! Heat and hot water included in condo fee. Less than a mile to the Wakefield T commuter rail stop and to Lake Quannapowitt where you can enjoy boating, festivals, and other recreational activities. Take a stroll along Downtown Main St where you'll find many shops and restaurants to choose from. Wakefield is conveniently located between 95 and rte 1, close to 93. Come see the best value in town and make it yours!

Last Agent to Sell the Property

Justina Oliver

J. Barrett & Company Listed on: 09/19/2018

Last Buyer's Agent

Roland Spadafora

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1971

HOA Fees

  • $337 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,934

Year Built

Built in 1971

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 309.32
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Unit Building: D-5
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Closet, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Dining Area, Pantry
  • Laundry: On Level: Basement
  • Living Room: On Level: Second Floor, Closet, Flooring - Hardwood, Balcony / Deck, Slider
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: AC2354
  • Estimated Sq Ft: 869.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard
  • Heat Zones: 1
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 337.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Terrace Condominium

Lot Info

  • Assessments: 188800.00
  • Page: 47
  • Zoning: B

Tax Info

  • Taxes: 2444.96
  • Assessor Parcel Number: 3441315

Multi Family

  • No Units: 36
  • No Units Owner Occ: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 26, 2018
Sold by
Doucette Michael and Eisner Morgan
Bought by
Sijapati Manish and Sijapati Manisha
Seller's Agent
Justina Oliver
J. Barrett & Company
Buyer's Agent
Roland Spadafora
RE/MAX Andrew Realty Services
List Price
$268,800
Sold Price
$272,500
Premium/Discount to List
$3,700
1.38%
Current Estimated Value
$418,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,144
Avg. Annual Appreciation
6.39%
Original Mortgage
$245,250
Outstanding Balance
$216,502
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$202,142

Purchase Details

Closed on
Nov 30, 2001
Sold by
Dickie Karin E
Bought by
Oneill Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1999
Sold by
Raftelis Theodore and Raftelis Julie E
Bought by
Dickie Karin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Bhatt A
Bought by
Raftelis Theodore and Raftelis Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.85%
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
Sijapati Manish $272,500 --
Sijapati Manish $272,500 --
Sijapati Manish $272,500 --
Oneill Julie A $159,900 --
Oneill Julie A $159,900 --
Dickie Karin E $121,000 --
Raftelis Theodore $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sijapati Manish $245,250
Closed Sijapati Manish $245,250
Previous Owner Oneill Julie A $120,000
Previous Owner Raftelis Theodore $114,950
Previous Owner Raftelis Theodore $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $272,500 +1.4% $314 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $268,800 -- $309 / 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 $3,934 $346,600 $0 $346,600
2024 $3,899 $346,600 $0 $346,600
2023 $3,954 $337,100 $0 $337,100
2022 $3,434 $278,700 $0 $278,700
2021 $3,506 $275,400 $0 $275,400
2020 $3,233 $253,200 $0 $253,200
2019 $2,850 $222,100 $0 $222,100
2018 $2,445 $188,800 $0 $188,800
2017 $2,387 $183,200 $0 $183,200
2016 $2,184 $161,900 $0 $161,900
2015 $2,106 $156,200 $0 $156,200
2014 $1,996 $156,200 $0 $156,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72397894

MLS Property Information Network (MLS PIN)

APN: WAKE-18 73 0D5