NOT LISTED FOR SALE

407 Salem St Wilmington, MA 01887

Estimated Value: $827,206 - $903,000

3 Beds
3 Baths
2,408 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 24, 2015

Last sale price $420,000 $174 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,161/month

20 Days on Market

About This Home

As of June 2015

Lovely Dutch Gambrel with lots of living space and Beautiful hardwood throughout the first and second level! The main level kitchen and dining room are separated by a breakfast bar. Off of the kitchen is a slider w/access to a large deck measuring 12 x 12' which continues on to another 46 x 8' along the back of the house, great for summer cook outs and entertaining family and friends! Also on the main level is the living room w/recessed lighting, bow window and a sitting room w/deck access and an extra closet. Upstairs offers a front to back master, two more nicely sized bedrooms and full bath. The lower level offers a front to back family room, 3/4 bath and a room w/ a closet for a possible extended family member or guest. Large fenced in yard. Underground sprinkler system w/it's own well. All this set on an acre plus lot. Easy access to major highway, commuter rail, medical facility and more. Come see!

Last Agent to Sell the Property

Barbara Calder

Wilson Wolfe Real Estate Listed on: 05/14/2015

Last Buyer's Agent

Joseph Ready

Century 21 Your Way

Century 21 Your Way

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,540

Year Built

1994

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Easements, Shared Drive, Cleared, Fenced/Enclosed
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Appliances: Range, Dishwasher, Microwave
  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station
  • Electric: 220 Volts
  • Flooring: Tile, Vinyl, Hardwood
  • Basement: Full, Finished, Walk Out, Interior Access, Sump Pump
  • Bedroom 2: Second Floor, 12X10
  • Bedroom 3: Second Floor, 12X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Basement
  • Kitchen: First Floor, 13X12
  • Laundry Room: First Floor
  • Living Room: First Floor, 15X12
  • Master Bedroom: Second Floor, 23X12
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 11X11
  • Family Room: Basement, 22X11

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Storage Shed, Sprinkler System, Screens, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Woburn/North
  • Middle School: Wilm. Middle
  • High School: Wilm. High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 24, 2015
Sold by
Lam Nida
Bought by
Lindquist Erik F and Lindquist Amy L
Seller's Agent
Barbara Calder
Wilson Wolfe Real Estate
Buyer's Agent
Joseph Ready
Century 21 Your Way
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Current Estimated Value
$855,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,052
Avg. Annual Appreciation
7.15%
Original Mortgage
$405,982
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jun 14, 2012
Sold by
Fnma
Bought by
Lam Nida
Seller's Agent
Mary Koontz-Daher
Weichert Realtors' Daher Companies
Buyer's Agent
Josh Brett
Compass
List Price
$346,000
Sold Price
$343,500
Premium/Discount to List
-$2,500
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Dias Antonio H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2005
Sold by
Ritarossi James P and Ritarossi Kim F
Bought by
Dias Antonio H and Dias Eliara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2003
Sold by
Cronin John J and Cronin John
Bought by
Ritarossi James P and Ritarossi Kim F

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
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1994
Sold by
Mass Key Dev Corp
Bought by
Cronin John and Cronin Palma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6.96%
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
Lindquist Erik F $420,000 --
Lam Nida $343,500 --
Federal National Mortgage Association $302,336 --
Dias Antonio H $450,000 --
Ritarossi James P $151,000 --
Cronin John $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lindquist Erik F $405,982
Previous Owner Dias Antonio H $94,500
Previous Owner Ritarossi James P $120,000
Previous Owner Cronin John $124,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2015 06/24/15 Sold $420,000 0.0% $174 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/26/2015 05/26/15 Off Market $420,000 -- --
05/14/2015 05/14/15 For Sale $439,900 +28.1% $183 / Sq Ft
06/14/2012 06/14/12 Sold $343,500 -0.7% $211 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $346,000 -- $213 / 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 $7,540 $658,500 $280,300 $378,200
2024 $7,280 $636,900 $280,300 $356,600
2023 $7,029 $588,700 $254,900 $333,800
2022 $6,684 $513,000 $212,400 $300,600
2021 $6,730 $486,300 $193,000 $293,300
2020 $6,742 $496,500 $193,000 $303,500
2019 $6,307 $458,700 $183,800 $274,900
2018 $6,087 $422,400 $174,900 $247,500
2017 $6,241 $431,900 $174,900 $257,000
2016 $5,675 $387,900 $166,500 $221,400
2015 $5,232 $364,100 $166,500 $197,600
2014 -- $343,600 $158,500 $185,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Calder

    Wilson Wolfe Real Estate

    Section Image
  • Joseph Ready

    Buyer's Agent in 2015

    Joseph Ready

    Century 21 Your Way

    (978) 710-7490

    68 Total Sales

    Joseph Ready
    Section Image
  • Mary Koontz-Daher

    Seller's Agent in 2012

    Mary Koontz-Daher

    Weichert Realtors' Daher Companies

    (978) 265-8456

    168 Total Sales

    Mary Koontz-Daher
    Section Image
  • Josh Brett

    Buyer's Agent in 2012

    Josh Brett

    Compass

    (617) 543-4185

    12 Total Sales

    Josh Brett
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71836584

MLS Property Information Network (MLS PIN)

APN: WILM-000095-000000-000009-000017A

Massachusetts Middlesex County Wilmington 01887

407 Salem St, Wilmington, MA

This home is located at 407 Salem St, Wilmington, MA 01887 since 14 May 2015 and is currently estimated at $855,052, approximately $355 per square foot. This property was built in 1994. 407 Salem St is a home located in Middlesex County with nearby schools including Wilmington Middle School, Wilmington High School, and Abundant Life Christian School and Childcare.

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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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