NOT LISTED FOR SALE

41 Lake St Unit A Wilmington, MA 01887

Estimated Value: $868,000 - $1,161,000

7 Beds
3.5 Baths
3,466 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $606,000 $175 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,080/month

36 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • Wilmington High School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of August 2016

A RARE & WONDERFUL OPPORTUNITY FOR SF WITH LEGAL ACCESSORY APT - GREAT FOR IN-LAWS OR ADDED INCOME, Welcome to Paradise in this lovely home. Plus the amenities of plenty parking with a nice flat fenced in large yard, easy access to major highways, and public transportation. The home is absolutely stunning with the many upgrades; including BRAND NEW stainless steel appliances with an over sized farm sinks in both units, freshly painted inside and out, new ceramic tile floors, hardwood floors, and interior doors, tasteful light fixtures throughout homes, Both units are just stunning, one unit offers the master bedroom on first floor. One unit offers the open space concept with 3 lg bedrooms upstairs. Both units come with NEW WASHER & DRYER included on the main level, separate full basements. You just have to come and see what this home has to offer to appreciate the beauty. Great space for in-laws/extended family or rent out if owner occupied, town sewer & water, gas.

Last Agent to Sell the Property

Lori Penney

ERA Key Realty Services Listed on: 06/01/2016

Last Buyer's Agent

Katherine Schiavo

M. Celata Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,951

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Fenced
  • Irregular Lot

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,466 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry on main level
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit

Schools

  • Shawsheen Elementary School
  • Wilmington Midd Middle School
  • Wilmington High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:0055 L:0000 P:0224D,887093

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,951

Year Built

Built in 1850 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Updated/Remodeled, Remodeled
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Laminate
  • Interior Amenities: Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Closet - Walk-in, Kitchen, Home Office, Bedroom, Living/Dining Rm Combo
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Washer, Stainless Steel Appliance(s)
  • Total Bedrooms: 7
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Laminate
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Features: Flooring - Laminate
  • Room Bedroom3 Area: 168
  • Room Bedroom3 Level: Second
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Features: Flooring - Hardwood
  • Room Bedroom5 Area: 132
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Room Master Bedroom Features: Flooring - Laminate
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 180
  • Bathroom 1 Area: 108
  • Bathroom 1 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 28
  • Bathroom 2 Features: Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 228
  • Laundry Features: Flooring - Stone/Ceramic Tile, First Floor
  • Room Living Room Level: First
  • Room Living Room Area: 144
  • Room Living Room Features: Flooring - Laminate, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
  • Room Office Level: First
  • Room Office Area: 49
  • Room Office Features: Flooring - Hardwood
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 3466
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 173.08
  • PRICE PER Sq Ft: 174.84
  • MAIN SO: BB7126

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Foundation Details: Irregular
  • Frontage Length: 100
  • Patio And Porch Features: Deck - Exterior, Porch, Deck
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s), None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping

Lot Info

  • Parcel Number: M:0055 L:0000 P:0224D,887093
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 17512
  • PAGE: 11

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6951
  • Tax Book Number: 29510

MLS Schools

  • High School: Wilmington High
  • Elementary School: Shawsheen
  • Middle Or Junior School: Wilmington Midd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Savage Shannon K and Savage Christopher J
Bought by
Savage Christopher J and Savage Shannon K
Current Estimated Value
$1,007,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Outstanding Balance
$407,555
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$599,871

Purchase Details

Closed on
Apr 23, 2015
Sold by
Brewer Janet E
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Nov 9, 1988
Sold by
White Edward P
Bought by
Brewer Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.36%
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
Savage Christopher J -- None Available
Deutsche Bk Natl T Co $399,688 --
Brewer Janet E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Christopher J $458,000
Previous Owner Brewer Janet E $146,400
Previous Owner Brewer Janet E $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $606,000 +1.0% $175 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $599,900 -4.0% $173 / Sq Ft
06/01/2016 06/01/16 For Sale $624,900 -- $180 / 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 $8,605 $751,500 $304,300 $447,200
2024 $7,586 $663,700 $304,300 $359,400
2023 $7,595 $636,100 $276,700 $359,400
2022 $7,686 $589,900 $230,500 $359,400
2021 $8,052 $581,800 $209,500 $372,300
2020 $8,955 $659,400 $209,500 $449,900
2019 $8,360 $608,000 $199,500 $408,500
2018 $7,187 $553,600 $190,000 $363,600
2017 $7,187 $497,400 $187,800 $309,600
2016 $6,959 $475,700 $178,900 $296,800
2015 $6,951 $483,700 $178,900 $304,800
2014 $6,298 $442,300 $170,500 $271,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72014909

MLS Property Information Network (MLS PIN)

APN: WILM-000055-000000-000000-000224D