NOT LISTED FOR SALE

42 Salem St Unit E Wakefield, MA 01880

Lakeside Neighborhood

Estimated Value: $594,204 - $641,000

3 Beds
2 Baths
1,254 Sq Ft
1 Acres

Last Sold June 30, 2017

Last sale price $362,000 $289 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,685/month

8 Days on Market

About This Home

As of June 2017

Colonial Green Estates. Wonderful turn key opportunity in this extremely popular Wakefield Town house complex. First floor features, formal living room with red oak laminate floors and tile 1/2 bath. Large eat in kitchen with granite counters, tile floors and access to large brick exclusive use patio. Lower Level family room laundry and cedar closet. 2 parking spaces. Convenient access to Lake Quannapowitt and downtown restaurants and shopping.

Last Agent to Sell the Property

Chris Barrett

Barrett, Chris. J., REALTORS® Listed on: 04/19/2017

Last Buyer's Agent

Anzor Sidamonidze

Skylight Real Estate, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,395

Year Built

1978

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Middle
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Fiberglass, Fiberglass - Batts
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 12X12
  • Bedroom 3: Second Floor, 8X8
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 16X14
  • Laundry Room: Basement
  • Living Room: First Floor, 20X14
  • Master Bedroom: Second Floor, 13X12
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Family Room: Basement, 16X13
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: B50201
  • Main So: AN2564

Exterior Features

  • Construction: Frame, Brick, Other (See Remarks)
  • Exterior: Vinyl
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Condo/Co-op/Association

  • Condominium Name: Colonial Green Estates
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Management: Owner Association
  • No Units: 12
  • Unit Building: E

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:000016 B:0045 P:13042E
  • Zoning: GR
  • Acre: 1.00
  • Lot Size: 43560.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 30, 2017
Sold by
Daniels Mary T Est
Bought by
Gil Claudio R
Seller's Agent
Chris Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Anzor Sidamonidze
Skylight Real Estate, LLC
List Price
$369,900
Sold Price
$362,000
Premium/Discount to List
-$7,900
-2.14%
Current Estimated Value
$616,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,801
Avg. Annual Appreciation
6.51%
Original Mortgage
$289,600
Outstanding Balance
$241,464
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$375,337

Purchase Details

Closed on
Apr 5, 2004
Sold by
Bumstead Elizabeth A
Bought by
Daniels Mary T

Purchase Details

Closed on
Sep 17, 1998
Sold by
Gaspar Joseph C and Gaspar Heather
Bought by
Bumstead Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1994
Sold by
Barrett Karen L
Bought by
Gaspar Joseph C and Gaspar Heather G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gil Claudio R $362,000 --
Daniels Mary T $335,000 --
Bumstead Elizabeth A $173,500 --
Gaspar Joseph C $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gil Claudio R $289,600
Previous Owner Gaspar Joseph C $80,000
Previous Owner Gaspar Joseph C $134,000
Previous Owner Gaspar Joseph C $135,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $362,000 -2.1% $289 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $369,900 -- $295 / 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 $5,395 $475,300 $0 $475,300
2024 $4,947 $439,700 $0 $439,700
2023 $4,789 $408,300 $0 $408,300
2022 $4,643 $376,900 $0 $376,900
2021 $4,445 $349,200 $0 $349,200
2020 $4,459 $349,200 $0 $349,200
2019 $4,256 $331,700 $0 $331,700
2018 $3,617 $279,300 $0 $279,300
2017 $3,306 $253,700 $0 $253,700
2016 $3,486 $258,400 $0 $258,400
2015 $3,483 $258,400 $0 $258,400
2014 $3,208 $251,000 $0 $251,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Barrett

    Seller's Agent in 2017

    Chris Barrett

    Barrett, Chris. J., REALTORS®

    (800) 240-5011

    10 in this area

    100 Total Sales

    Chris Barrett
    Section Image
  • Anzor Sidamonidze

    Buyer's Agent in 2017

    Anzor Sidamonidze

    Skylight Real Estate, LLC

    (617) 599-9109

    15 Total Sales

    Anzor Sidamonidze
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72148531

MLS Property Information Network (MLS PIN)

APN: WAKE-000016-000045-013042E

Massachusetts Middlesex County Wakefield 01880 Lakeside

42 Salem St Unit E, Wakefield, MA

Not Listed for Sale

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