NOT LISTED FOR SALE

5 Laite Rd Wilmington, MA 01887

Estimated Value: $895,000 - $974,000

3 Beds
2 Baths
2,636 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $635,000 $241 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,743/month

106 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Porch
  • Landscaped Professionally
  • Wood Flooring
  • French Doors

About This Home

As of October 2019

This Home is an Entertainer's Dream! Welcome your Guests as they enter the Quaint Foyer with French Doors. Prepare Delicious Meals in the Showroom Quality Kitchen with an Abundance of Gorgeous Cabinets, a Coffee Bar and Stainless Steel Appliances. Tucked to the side is a Pantry Closet and 3/4 Bath offering a Gorgeous Tile Steam Shower. Enjoy Great Conversation around a 15' Granite Island, Bring the Party through the sliders out onto the back deck or bring your meal to the Formal Dining Room which offers a wood burning fireplace and plenty of room for a Large Dining Room Table. Head over to the Family Room Addition which boasts Unique Wide Pine Floors, a Floor to Ceiling Stone Gas Fireplace, a Stunning 15' Wet Bar, and Cathedral Ceiling which Opens to the Versatile Loft. The Second Floor offers a Great Master Bedroom with TWO closets, a ceiling fan and access to an Updated Bathroom, as well as 2 more good size bedrooms. The Exterior is just as Beautiful as the inside! Don't Miss Out!

Last Agent to Sell the Property

Matthew Quinlan

Classified Realty Group Listed on: 05/09/2019

Last Buyer's Agent

Lynn D'Avolio

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,249

Year Built

  • Built in 1926

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Garden

Parking

  • 2 Car Garage

Interior Spaces

  • Wired For Sound
  • Decorative Lighting
  • Window Screens
  • French Doors
  • Washer and Dryer
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Tile

Outdoor Features

  • Deck
  • Greenhouse
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Water Holding Tank
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0055 L:0000 P:0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,249

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 242.79
  • Comp Based On: Net Sale Price
  • Year Built: 1926
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Hardwood, Pine
  • Interior Amenities: Cable Available, French Doors, Wired for Surround Sound
  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer / Dryer Combo
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 22X10, Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Closet - Double
  • Bedroom 2: On Level: Second Floor, Dimension: 13X10, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X9, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded
  • Bathroom 2: On Level: First Floor, Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled, Steam / Sauna
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Dimension: 22X12, Fireplace, Flooring - Hardwood, French Doors, Main Level
  • Family Room: On Level: First Floor, Dimension: 33X19, Fireplace, Ceiling - Cathedral, Ceiling Fan(s), Flooring - Wood, Window(s) - Picture, Wet bar, Cable Hookup, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 24X20, Bathroom - Full, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Cabinets - Upgraded, Cable Hookup, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Washer Hookup, Lighting - Pendant
  • Laundry: On Level: Basement, Dryer Hookup - Electric, Washer Hookup
  • Basement: Y
  • Basement Features: Full, Interior Access, Garage Access, Concrete Floor
  • Other Room 1: Name: Loft, On Level: Second Floor, Dimension: 19X16, Flooring - Wood, Cable Hookup, Recessed Lighting
  • Main Lo: B95141
  • Main So: C95243
  • Estimated Sq Ft: 2636.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Gutters, Storage Shed, Greenhouse, Professional Landscaping, Decorative Lighting, Screens, Garden Area
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Attached, Under, Garage Door Opener, Side Entry
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 3
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Shopping, Park, Golf Course, House of Worship, T-Station

Schools

  • Elementary School: Call Supt's
  • Middle School: Call Supt
  • High School: WHS

Lot Info

  • Assessments: 597900.00
  • Acre: 0.29
  • Lot Size: 12690.00
  • Page: 135
  • Parcel Number: M:0055 L:0000 P:0200
  • Zoning: RES
  • Lot Description: Paved Drive, Level

Tax Info

  • Taxes: 8221.00
  • Assessor Parcel Number: 887057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Oct 18, 2019
Sold by
Wiley Jamie D
Bought by
Francis Ralph M and Francis Stephanie B
Seller's Agent
Matthew Quinlan
Classified Realty Group
Buyer's Agent
Lynn D'Avolio
Coldwell Banker Realty - Lynnfield
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Current Estimated Value
$919,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,645
Avg. Annual Appreciation
6.43%
Original Mortgage
$476,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2015
Closed on
Aug 19, 2015
Sold by
Stein Robert F and Stein Deborah C
Bought by
Wiley Jamie D
Seller's Agent
Deborah Miller
Leading Edge Real Estate
Buyer's Agent
Matthew Quinlan
Classified Realty Group
List Price
$569,900
Sold Price
$549,900
Premium/Discount to List
-$20,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$526,556
Interest Rate
4.07%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1994
Sold by
Kasabuski Alfred Est
Bought by
Stein Robert
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
Francis Ralph M $635,000 --
Wiley Jamie D $549,900 --
Stein Robert $132,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Ralph M $495,000
Closed Francis Ralph M $476,250
Previous Owner Saunders Scott A $523,250
Previous Owner Saunders Scott A $529,100
Previous Owner Wiley Jamie D $526,556
Previous Owner Stein Deborah C $325,000
Previous Owner Stein Deborah C $100,000
Previous Owner Stein Robert $120,000
Previous Owner Stein Robert $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $635,000 -0.8% $241 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $640,000 -1.5% $243 / Sq Ft
05/29/2019 05/29/19 Price Changed $650,000 -3.7% $247 / Sq Ft
05/09/2019 05/09/19 For Sale $675,000 +22.7% $256 / Sq Ft
08/19/2015 08/19/15 Sold $549,900 0.0% $194 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/23/2015 06/23/15 Off Market $549,900 -- --
06/19/2015 06/19/15 Price Changed $549,900 -3.5% $194 / Sq Ft
06/08/2015 06/08/15 For Sale $569,900 +3.6% $201 / Sq Ft
05/29/2015 05/29/15 Off Market $549,900 -- --
05/17/2015 05/17/15 Price Changed $569,900 -5.0% $201 / Sq Ft
05/05/2015 05/05/15 For Sale $599,900 -- $212 / 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 $9,249 $807,800 $274,000 $533,800
2024 $8,881 $777,000 $274,000 $503,000
2023 $8,493 $711,300 $249,100 $462,200
2022 $8,664 $664,900 $207,500 $457,400
2021 $8,376 $605,200 $188,600 $416,600
2020 $8,520 $627,400 $188,600 $438,800
2019 $8,221 $597,900 $179,600 $418,300
2018 $7,936 $550,700 $171,100 $379,600
2017 $7,462 $516,400 $165,200 $351,200
2016 $6,778 $463,300 $157,400 $305,900
2015 $6,468 $450,100 $157,400 $292,700
2014 $5,851 $410,900 $149,900 $261,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72496867

MLS Property Information Network (MLS PIN)

APN: WILM-000055-000000-000000-000200