NOT LISTED FOR SALE

Estimated Value: $1,228,000 - $1,359,000

3 Beds
2 Baths
2,231 Sq Ft
$585/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $545,000 $244 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $7,476/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • No HOA

About This Home

As of September 2023

Attention investors and contractors. Dilapidated house located in a MILLION DOLLAR neighborhood currently in development. Existing house is in need of significant repair and has water damage. Cash only and subject to probate approval of Purchase and Sale to issue license to sell.

Last Agent to Sell the Property

Kimberly Zecher

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 04/20/2023

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

David Walch

David Walch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,276

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned SR

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,231 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Partial Basement
  • Dirt Floor
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:000025 B:0142 P:00324A,820325

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,276

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Cape
  • Year Built: 1950
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Interior Amenities: Closet, Home Office
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet
  • Room Bedroom3 Features: Closet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - With Shower Stall
  • Room Dining Room Features: Closet, Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Slider
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: First
  • Room Office Features: Closet
  • Basement: Partial, Dirt Floor, Concrete, Unfinished
  • Living Area: 2231
  • Spa YN: No
  • MAIN LO: AN2383
  • MAIN SO: AN3878

Exterior Features

  • Construction Materials: Frame, Brick
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer, Private Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:000025 B:0142 P:00324A,820325
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12637
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8276

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Sep 22, 2023
Sold by
Zecher Kimberly and Lohrnan Karen
Bought by
Lovis Rt and Casaletto
Seller's Agent
Kimberly Zecher
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
David Walch
David Walch
List Price
$450,000
Sold Price
$545,000
Premium/Discount to List
$95,000
21.11%
Views
277
Current Estimated Value
$1,304,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,481
Avg. Annual Appreciation
46.64%
Original Mortgage
$1,050,000
Outstanding Balance
$1,025,328
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,153

Purchase Details

Closed on
Jul 2, 1997
Sold by
Bonasera Richard J
Bought by
Banks Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lovis Rt $545,000 None Available
Banks Edward W $37,500 --
Banks Edward W $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovis Rt $1,050,000
Previous Owner Banks Edward W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $545,000 +21.1% $244 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $450,000 -- $202 / 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 $7,847 $691,400 $352,100 $339,300
2024 $8,566 $761,400 $341,700 $419,700
2023 $8,276 $705,500 $316,400 $389,100
2022 $7,911 $642,100 $287,700 $354,400
2021 $7,560 $593,900 $267,400 $326,500
2020 $7,271 $569,400 $256,300 $313,100
2019 $7,053 $549,700 $247,500 $302,200
2018 $6,672 $515,200 $232,000 $283,200
2017 $6,393 $490,600 $221,000 $269,600
2016 $6,311 $467,800 $204,300 $263,500
2015 $5,900 $437,700 $191,000 $246,700
2014 $5,424 $424,400 $185,100 $239,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73101412

MLS Property Information Network (MLS PIN)

APN: WAKE-000025-000142-000324A