NOT LISTED FOR SALE

51 Faulkner Ave Wilmington, MA 01887

Estimated Value: $408,000 - $583,790

3 Beds
1 Bath
1,080 Sq Ft
$485/Sq Ft Est. Value

About This Home

Welcome to 51 Faulkner Avenue, a beautifully maintained 3-bedroom, 1-bath single-family home nestled in a quiet neighborhood just minutes from Wilmington’s town center, commuter rail, and major highways. This classic New England colonial, built in 1935, blends timeless character with modern updates throughout its 1,080 sq ft of living space.Step inside to find a bright and inviting layout featuring a sun-filled living room, an eat-in kitchen with updated cabinetry and appliances, and LVP floors throughout. The three well-sized bedrooms offer comfort and flexibility—perfect for families, a home office, or guest space. A full basement and attic provide additional storage or future expansion potential.The low-maintenance lot offers space without the hassle, and the paved driveway provides off-street parking for three vehicles.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Sandberg Glenna F Est and Sandberg
Bought by
Eristene Holdings Llc
Current Estimated Value
$523,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$418,877
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,571

Purchase Details

Closed on
Oct 1, 1971
Bought by
Sandberg Ernest E and Sandberg Glenna F
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Eristene Holdings Llc $400,000 None Available
Sandberg Ernest E $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eristene Holdings Llc $420,000
Previous Owner Sandberg Ernest E $465,000
Previous Owner Sandberg Ernest E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $549,900 -3.5% $509 / Sq Ft
05/16/2025 05/16/25 Price Changed $569,900 -1.7% $528 / Sq Ft
04/24/2025 04/24/25 For Sale $580,000 -- $537 / Sq Ft

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 $4,411 $385,200 $238,500 $146,700
2024 $4,375 $382,800 $238,500 $144,300
2023 $4,218 $353,300 $216,900 $136,400
2022 $3,876 $297,500 $180,700 $116,800
2021 $3,935 $284,300 $164,300 $120,000
2020 $3,774 $277,900 $164,300 $113,600
2019 $3,516 $255,700 $156,500 $99,200
2018 $3,466 $240,500 $149,000 $91,500
2017 $3,315 $229,400 $141,900 $87,500
2016 $3,009 $205,700 $135,100 $70,600
2015 $2,887 $200,900 $135,100 $65,800
2014 $2,693 $189,100 $128,700 $60,400
Source: Public Records

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