NOT LISTED FOR SALE

Estimated Value: $443,000 - $566,000

2 Beds
2 Baths
1,416 Sq Ft
$608/mo HOA Fee

Last Sold February 25, 2013

Last sale price $295,000 $208 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,832/month

12 Days on Market

Highlights

  • Fitness Center
  • 0.64 Acre Lot
  • Stone Countertops
  • Princeton Elementary School Rated A-
  • Property is near public transit
  • 3-minute walk to Albert Park

About This Home

As of February 2013

Enjoy simplified living at The Wellesley, College Park's first luxury condominium residence. Step out the front door and have everything you need at your fingertips: fine and casual dining, retail shops, parks, grocery and churches.Elegant interiors are standard with nine foot-four inch ceilings, eight foot entry door, crown molding in formal areas and bedrooms, large balconies and terraces and spacious walk-in closets. Designer kitchens with european inspired wood cabinetry, recessed and under-cabinet lighting, granite countertops with tile backsplash, GE profile ss appliances. Master baths feature a soaking tub and shower, granite countertops and custom lighting. Wonderful amenities include state-of-the art fitness center, relaxing heated community pool with fountains and sitting areas; outdoor gas fireplace and well-appointed clubhouse. Additionally, welcome your out-of-town guests with their own on-site 1 bedroom/1 bath luxury suite - close at hand but not under foot. Petsare welcome, too - with a conveniently located dedicated dog walk. This unit has porcelain tile throughout entire unit as well as wood blinds in living room and bedrooms.

Last Agent to Sell the Property

Anne Brownlee

ANNE ROGERS REALTY GROUP INC License #511161 Listed on: 01/04/2013

Last Buyer's Agent

Judy Blundell

VISIONARY PROPERTIES INC License #525854

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 2007

Lot Details

  • 0.64

HOA Fees

  • $608 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Steel Frame
  • Block Exterior

Interior Spaces

  • 1,416 Sq Ft Home
  • French Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Laundry in Hall

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Schools

  • Princeton Elementary School
  • College Park Middle School
  • Edgewater High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Zero Lot Line
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, recreational facilities, security, sewer, trash, water
  • Wellesley Condo Ph 2 Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,482

Year Built

Built in 2007

Lot Details

0

HOA Fees

$608 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Metal Frame
  • Fireplace: No
  • Living Area: 1416
  • Lot Size Acres: 0.64
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1416
  • Lot Size Sq Ft: 27796
  • Directions to Property: From I-4- exit Princeton & go west. Right on Edgewater Dr. then right on Vassar. The Wellesley on the corner of Edgewater and Princeton.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Floor Number: 4
  • List Office Head Office Key Nume: 1053591
  • RATIO Current Price By Calculate: 208.33
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 630
  • ResoLivingAreaSource: Builder
  • Room Count: 6

Exterior Features

  • Exterior Features: French Doors, Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Secured

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Elevator(s), Fitness Center
  • Association Fee: 608.02
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Secured Garage / Parking, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: WELLESLEY TERRACE
  • Condo Fees: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 7296.24
  • Total Monthly Fees: 608.02

Schools

  • Elementary School: Princeton Elem
  • High School: Edgewater High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: PD/T/W
  • Parcel Number: 14-22-29-9132-24-070
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Sidewalk, Paved, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0400

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-02-25T00:00:00.000

Tax Info

  • Tax Annual Amount: 3482
  • Tax Block: 24
  • Tax Book Number: 9245/1155
  • Tax Lot: 070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 25, 2013
Sold by
Wellesley Llc
Bought by
Silver Jay S and Pearson Silver Marisel
Seller's Agent
Anne Brownlee
ANNE ROGERS REALTY GROUP INC
Buyer's Agent
Judy Blundell
VISIONARY PROPERTIES INC
List Price
$324,000
Sold Price
$295,000
Premium/Discount to List
-$29,000
-8.95%
Current Estimated Value
$512,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,228
Avg. Annual Appreciation
4.75%
Original Mortgage
$125,000
Outstanding Balance
$28,775
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$498,270
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
Silver Jay S $4,000 Attorney
Silver Jay S $295,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Jay S $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Off Market $295,000 -- --
02/25/2013 02/25/13 Sold $295,000 -9.0% $208 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $324,000 -- $229 / Sq Ft
Source: Stellar MLS

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 $5,193 $335,664 -- --
2024 $5,000 $335,664 -- --
2023 $5,000 $316,703 $0 $0
2022 $4,850 $307,479 $0 $0
2021 $4,768 $298,523 $0 $0
2020 $4,538 $294,401 $0 $0
2019 $4,674 $287,782 $0 $0
2018 $4,625 $282,416 $0 $0
2017 $4,561 $295,900 $59,180 $236,720
2016 $4,539 $283,200 $56,640 $226,560
2015 $4,605 $280,400 $56,080 $224,320
2014 $4,627 $266,900 $53,380 $213,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5136520

Stellar MLS

APN: 14-2229-9132-24-070