NOT LISTED FOR SALE

5 Melvin St Unit B Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $871,204 - $1,023,000

3 Beds
3 Baths
3,273 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $585,000 $179 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,738/month

6 Days on Market

About This Home

As of October 2017

Looking for space? Over 3000+/- SF in three finished levels! This young condex functions as a single family, offering privacy, fantastic location and the upgrades you are looking for. Master bedroom suite? Check!, basement big enough for a home gym? Check!, Entertainment sized kitchen for the upcoming holidays? Check! The elusive two car garage? Check! Gigantic media/bonus room that just begs for a pool table? Check! Come CHECK out this value packed home for yourself before it's gone. Light and bright this home has central air, expansive granite countertops, hardwood floors throughout first and second floors, Location is key, park your car and either walk to Wakefield Center for lunch, or take the bus and grab the commuter rail into Boston for events. Fenced yard with private patio and beautiful flowering bushes. Ethernet cable wired in bedrooms and family room. Top rated school system and community too!

Last Agent to Sell the Property

Amy LeBlanc

Classified Realty Group Listed on: 08/10/2017

Last Buyer's Agent

Cheryl Catanzaro

The Realty Shop, Inc.

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,771

Year Built

2003

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Attached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2003

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Cable Available, Walk-up Attic
  • Bedroom 2: Second Floor, 14X13
  • Bedroom 3: Second Floor, 14X13
  • Kitchen: First Floor, 18X12
  • Living Room: First Floor, 17X13
  • Master Bedroom: Second Floor, 18X14
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 14X14
  • Family Room: First Floor, 16X16
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth1 Room Name: Great Room
  • Oth1 Dimen: 26X34
  • Oth1 Dscrp: Closet, Flooring - Wall to Wall Carpet
  • Main Lo: M59500
  • Main So: B95007
  • Estimated Sq Ft: 3273.00

Exterior Features

  • Construction: Frame
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:000018 B:0132 P:00012B
  • Zoning: GR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Oct 25, 2017
Sold by
Laxton Kenneth C and Laxton Sarah J
Bought by
Bean Edward F and Bean Isabel B
Seller's Agent
Amy LeBlanc
Classified Realty Group
Buyer's Agent
Cheryl Catanzaro
The Realty Shop, Inc.
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Current Estimated Value
$906,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,659
Avg. Annual Appreciation
5.81%
Original Mortgage
$468,000
Outstanding Balance
$396,102
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$512,065

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 2, 2014
Sold by
Ketchum Timothy R and Ketchum Carolyn E
Bought by
Laxton Kenneth C and Laxton Sarah J
Seller's Agent
Michaela Hellman
Redfin Corp.
Buyer's Agent
Dale Bengtson
Keller Williams Realty-Merrimack
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$412,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2008
Sold by
Tourigney Eric M and Tourigney Nicole R
Bought by
Ketchum Carolyn E and Ketchum Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.03%
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
Bean Edward F $585,000 --
Laxton Kenneth C $515,000 --
Ketchum Carolyn E $502,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Edward F $468,000
Previous Owner Laxton Kenneth C $412,000
Previous Owner Ketchum Carolyn E $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $585,000 -2.5% $179 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $599,900 +16.5% $183 / Sq Ft
12/01/2014 12/01/14 Sold $515,000 0.0% $157 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/21/2014 10/21/14 Off Market $515,000 -- --
10/01/2014 10/01/14 Price Changed $524,900 -2.6% $160 / Sq Ft
09/10/2014 09/10/14 For Sale $539,000 -- $165 / 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 $8,771 $772,800 $0 $772,800
2024 $8,211 $729,900 $0 $729,900
2023 $8,310 $708,400 $0 $708,400
2022 $7,736 $627,900 $0 $627,900
2021 $7,275 $571,500 $0 $571,500
2020 $7,184 $562,600 $0 $562,600
2019 $7,847 $611,600 $0 $611,600
2018 $6,601 $509,700 $0 $509,700
2017 $6,037 $463,300 $0 $463,300
2016 $5,906 $437,800 $0 $437,800
2015 $5,833 $432,700 $0 $432,700
2014 $5,316 $416,000 $0 $416,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Amy LeBlanc

    Classified Realty Group

    (617) 257-5319

    1 in this area

    24 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Cheryl Catanzaro

    The Realty Shop, Inc.

    2 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Michaela Hellman

    Redfin Corp.

    Section Image
  • Dale Bengtson

    Buyer's Agent in 2014

    Dale Bengtson

    Keller Williams Realty-Merrimack

    (978) 835-5565

    13 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72212120

MLS Property Information Network (MLS PIN)

APN: WAKE-000018-000132-000012B

Massachusetts Middlesex County Wakefield 01880 East Side

5 Melvin St Unit B, Wakefield, MA

This home is located at 5 Melvin St Unit B, Wakefield, MA 01880 since 10 August 2017 and is currently estimated at $935,301, approximately $285 per square foot. This property was built in 2003. 5 Melvin St Unit B 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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