NOT LISTED FOR SALE

51 Fairmount Ave Unit 53 Wakefield, MA 01880

West Side Neighborhood

Estimated Value: $867,500

6 Beds
7 Baths
3,449 Sq Ft
$252/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $641,500 $186 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,701/month

30 Days on Market

About This Home

As of January 2016

Rare Find! Magnificent Fourteen Room West Side Duplex In Absolute Move In Condition. Current Owner Did All New Electrical, Plumbing,Roof, Windows, Kitchens, Baths etc.At Time Of Their Recent Purchase. Furnaces And Some Kitchen Equipment With In The Past Few Years And One Master Bath, Brand New! Fabulous Cook's Entertaining Kitchen With Double Sinks And Bosch Five Burner Gas Stove Plus Leaded Glass Built-In and Fireplace In Living Room. One Side Has Lovely Top Floor Studio With Jacuzzi Bath For Master Suite , Extended Family Or Teenagers Suite. Laundry Hooks Ups In Master Bedroom And Studio. Short Walk To Lake, Train,Bus And All The Wonderful Lakeside,Common and Downtown Amenities.

Last Listed By

Bob Winsor

Coldwell Banker Realty - Lynnfield Listed on: 09/30/2015

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,802

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: 220 Volts, Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wall to Wall Carpet, Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Foundation: Fieldstone
  • Beach: Lake/Pond
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Single Res

Multi Family

  • Cooling Units: 2
  • Foundation: 26x51
  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Fireplaces: 1
  • Total Floors: 2
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
White Keryn and White Jaclyn
Bought by
Wells Adam G and Wells Jaclyn M
Total Days on Market
30
Current Estimated Value
$867,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Outstanding Balance
$508,346
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 27, 2011
Sold by
220 Rt
Bought by
Packard Olga C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.52%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Packard Olga C
Bought by
220 Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
220 Rt
Bought by
Packard Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
Leblanc Barbara F
Bought by
Packard Olga C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

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
Wells Adam G -- None Available
Packard Olga C -- --
220 Rt -- --
Packard Olga -- --
Packard Olga C $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Adam G $567,000
Previous Owner White Keryn $620,089
Previous Owner Leblanc Barbara F $825,000
Previous Owner 220 Rt $544,185
Previous Owner Packard Olga $250,000
Previous Owner Leblanc Barbara F $243,000
Previous Owner Leblanc Barbara F $167,500
Previous Owner Leblanc Barbara F $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $641,500 -5.6% $186 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $679,900 -- $197 / 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
2021 $9,802 $770,000 $306,900 $463,100
2020 $9,108 $713,200 $284,300 $428,900
2019 $8,782 $684,500 $272,800 $411,700
2018 $8,351 $644,900 $257,000 $387,900
2017 $7,706 $591,400 $243,600 $347,800
2016 $6,919 $512,900 $223,000 $289,900
2015 $6,783 $503,200 $218,800 $284,400
2014 $6,184 $483,900 $210,400 $273,500
Source: Public Records

Agents Affiliated with this Home

  • Bob Winsor

    Seller's Agent in 2016

    Bob Winsor

    Coldwell Banker Realty - Lynnfield

    (978) 766-5877

    Section Image
  • Jaclyn Wells

    Buyer's Agent in 2016

    Jaclyn Wells

    Leading Edge Real Estate

    (339) 226-0295

    1 in this area

    27 Total Sales

    Jaclyn Wells
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71912790

MLS Property Information Network (MLS PIN)

APN: WAKE-000007-000271-000046C

Massachusetts Middlesex County Wakefield 01880 West Side

51 Fairmount Ave Unit 53, Wakefield, MA

Homes for Sale in Wakefield, MA

This home is located at 51 Fairmount Ave Unit 53, Wakefield, MA 01880 since 30 September 2015 and is currently priced at $867,500, approximately $251 per square foot. This property was built in 1920. 51 Fairmount Ave Unit 53 is a home located in Middlesex County with nearby schools including Wakefield Memorial High School and St Joseph School.

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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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