NOT LISTED FOR SALE

4 Reed St Wilmington, MA 01887

Estimated Value: $879,000 - $1,252,000

4 Beds
3 Baths
3,450 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $587,000 $170 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,629/month

110 Days on Market

About This Home

As of October 2012

Wilmington's finest in-law suite; bright, sunny, direct walkout. Huge bedrooms throughout this impeccably maintained home. Private 12x16 office. Large 1.5 acre potentially subdivideable private lot. Three full upgraded baths and kitchen, this property is perfect for the move in owner. Fresh paint, high-end finishes, new architectural grade roof, new furnace, and new 200AMP electrical service are among the recent upgrades. Title V in-hand.

Last Agent to Sell the Property

Ken Gehris

USRealty.com, LLP License #736500170 Listed on: 07/12/2012

Last Buyer's Agent

Charles Vallis

Upright Realty Group LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,501

Year Built

1973

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 14
  • Amenities: Shopping, Public School, T-Station
  • Electric: 110 Volts, Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Storm Windows, Insulated Doors, Storm Doors, Attic Vent Elec.
  • Flooring: Wood, Tile, Marble, Hardwood
  • Bedroom 2: Second Floor, 12X21
  • Bedroom 3: Second Floor, 8X10
  • Bathroom #1: Second Floor, 12X7
  • Bathroom #2: Second Floor, 12X5
  • Kitchen: Second Floor, 12X25
  • Laundry Room: First Floor, 10X8
  • Living Room: Second Floor, 12X15
  • Master Bedroom: Second Floor, 12X25
  • Master Bedroom Description: Full Bath, Closet, Closet/Cabinets - Custom Built, Hard Wood Floor
  • Dining Room: Second Floor, 11X7

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Shingles
  • Exterior Features: Deck, Deck - Composite, Patio, Gutters, Storage Shed, Screens
  • Foundation: Poured Concrete, Irregular

Garage/Parking

  • Garage Parking: Detached, Heated, Storage, Work Area, Insulated
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Heat Zones: 4
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2012
Closed on
Nov 1, 2012
Sold by
Dorrence Rosamond J
Bought by
Dynan Mark and Dynan Deborah
Seller's Agent
Ken Gehris
USRealty.com, LLP
Buyer's Agent
Charles Vallis
Upright Realty Group LLC
List Price
$599,000
Sold Price
$587,000
Premium/Discount to List
-$12,000
-2%
Current Estimated Value
$1,041,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,729
Avg. Annual Appreciation
4.43%
Original Mortgage
$397,000
Outstanding Balance
$280,608
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$738,800

Purchase Details

Closed on
Jan 30, 2009
Sold by
Dorrance Stephen D
Bought by
Dorrance Rosamond J

Purchase Details

Closed on
Aug 3, 1994
Sold by
Dorrance Wilhelmina
Bought by
Dorrance Stephen D and Dorrance Rosamond J
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
Dynan Mark $587,000 --
Dorrance Rosamond J -- --
Dorrance Stephen D $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dynan Mark $397,000
Previous Owner Dorrance Rosamond J $372,300
Previous Owner Dorrance Rosamond J $427,150
Previous Owner Dorrance Stephen D $40,000
Previous Owner Dorrance Stephen D $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $587,000 -2.0% $170 / Sq Ft
07/12/2012 07/12/12 For Sale $599,000 -- $174 / 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 $10,501 $917,100 $389,500 $527,600
2024 $10,400 $909,900 $389,500 $520,400
2023 $9,788 $819,800 $330,600 $489,200
2022 $9,348 $717,400 $275,500 $441,900
2021 $9,684 $699,700 $250,700 $449,000
2020 $10,055 $740,400 $250,700 $489,700
2019 $9,398 $683,500 $245,000 $438,500
2018 $8,828 $612,600 $233,200 $379,400
2017 $8,554 $592,000 $233,200 $358,800
2016 $8,092 $553,100 $222,200 $330,900
2015 $7,668 $533,600 $222,200 $311,400
2014 $7,213 $506,500 $211,800 $294,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71408407

MLS Property Information Network (MLS PIN)

APN: WILM-000023-000000-000000-000116