NOT LISTED FOR SALE

40 Preston St Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $756,000 - $801,000

3 Beds
2 Baths
1,547 Sq Ft
$503/Sq Ft Est. Value

Last Sold October 02, 2012

Last sale price $340,000 $220 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,899/month

28 Days on Market

About This Home

As of October 2012

Lovely Brick Cape in Wakefield Junction. Commuters dream. Close to highways, public transportation, shopping, lakes, and parks. Just move right in. Updates throughout the entire house. Updates include: new hardwood floors on first floor, updated laundry room, new stainless steel appliances, new granite kitchen counter tops, new plumbing, new tile floor in mudroom, redone 2nd floor bath with jet tub, all new basement windows, and new carpets on the 2nd floor. Great location. A pleasure to show.

Last Agent to Sell the Property

Andy Kaknes

NextHome Tradition Listed on: 07/27/2012

NextHome Tradition

Last Buyer's Agent

Genie Ferreira

iCare Realty License #448500515

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,681

Year Built

1945

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Exterior: Vinyl, Brick
  • Foundation: Concrete Block

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking Spaces: 2

Utilities

  • Hot Water: Oil

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2012
Closed on
May 31, 2012
Sold by
Fnma
Bought by
Good Shepherd Real Est
Seller's Agent
Thomas Mario
Century 21 Mario Real Estate
Buyer's Agent
Andy Kaknes
NextHome Tradition
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$777,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,985
Avg. Annual Appreciation
9.49%
Original Mortgage
$222,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2012
Closed on
Apr 5, 2012
Sold by
Fronduto Michael
Bought by
Federal National Mortgage Association
Seller's Agent
Thomas Mario
Century 21 Mario Real Estate
Buyer's Agent
Andy Kaknes
NextHome Tradition
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Olstin Paul J
Bought by
Fronduto Michael and Fronduto Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.92%
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
Good Shepherd Real Est $235,000 --
Federal National Mortgage Association $393,598 --
Fronduto Michael $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernovskiy Aleksandr $2,992,000
Closed Good Shepherd Real Est $222,800
Closed Good Shepherd Real Est $25,000
Previous Owner Fronduto Michael $95,000
Previous Owner Fronduto Michael $60,000
Previous Owner Fronduto Michael $345,000
Previous Owner Fronduto Michael $345,000
Previous Owner Fronduto Michael $313,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $340,000 -1.7% $220 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/08/2012 08/08/12 Price Changed $345,900 -1.1% $224 / Sq Ft
07/27/2012 07/27/12 For Sale $349,900 +48.9% $226 / Sq Ft
05/30/2012 05/30/12 Sold $235,000 -2.0% $152 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/27/2012 04/27/12 Price Changed $239,900 -4.0% $155 / Sq Ft
03/24/2012 03/24/12 For Sale $249,900 -- $162 / 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 $7,681 $676,700 $338,900 $337,800
2024 $7,569 $672,800 $336,900 $335,900
2023 $7,196 $613,500 $307,200 $306,300
2022 $6,884 $558,800 $279,800 $279,000
2021 $6,716 $527,600 $260,800 $266,800
2020 $6,298 $493,200 $243,800 $249,400
2019 $6,017 $469,000 $231,800 $237,200
2018 $5,603 $432,700 $213,900 $218,800
2017 $5,269 $404,400 $199,900 $204,500
2016 $5,200 $385,500 $189,100 $196,400
2015 $4,855 $360,200 $176,700 $183,500
2014 $4,427 $346,400 $169,900 $176,500
Source: Public Records

Agents Affiliated with this Home

  • Andy Kaknes

    Seller's Agent in 2012

    Andy Kaknes

    NextHome Tradition

    (978) 437-7271

    17 Total Sales

    Section Image
  • Thomas Mario

    Seller's Agent in 2012

    Thomas Mario

    Century 21 Mario Real Estate

    (978) 375-5049

    88 Total Sales

    Section Image

  • G

    Buyer's Agent in 2012

    Genie Ferreira

    iCare Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71415220

MLS Property Information Network (MLS PIN)

APN: WAKE-000030-000117-A000000-000163

Massachusetts Middlesex County Wakefield 01880 Montrose

40 Preston St, Wakefield, MA

This home is located at 40 Preston St, Wakefield, MA 01880 since 27 July 2012 and is currently estimated at $777,985, approximately $502 per square foot. This property was built in 1945. 40 Preston St is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, St Joseph School, and Odyssey Day School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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