NOT LISTED FOR SALE

Preston Park Condominiums 68 Preston St Unit 1B Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $400,000 - $523,000

2 Beds
1 Bath
760 Sq Ft
$404/mo HOA Fee

Last Sold February 24, 2021

Last sale price $289,000 $380 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,120/month

43 Days on Market

About This Home

As of February 2021

Great opportunity to get into the popular Preston Park Condominiums in the hot Wakefield market. Top floor unit, ready for occupancy, nicely located with in the building overlooking the pool and courtyard. It features gleaming hardwood floors, a spacious kitchen and dining area, living room and master bedroom with large closet. Work from home in the sunporch or relax over looking the back. Condo fee includes heat, hot water and separate laundry area. Convenient to the major routes and downtown area. Don't miss this one.

Last Agent to Sell the Property

Michael Barrett

Barrett, Chris. J., REALTORS® Listed on: 12/03/2020

Last Buyer's Agent

Vahan Ambartsumyan

StartPoint Realty License #165104375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,204

Lot Details

  • 1

HOA Fees

  • $404 per month

Kitchen

  • Range
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number M:000030 B:0064 P:09BB1B

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,204

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 381.45
  • Comp Based On: Net Sale Price
  • Year Built: 9999
  • Lead Paint: Unknown
  • Unit Building: 1B
  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Disposal, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 12X11, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X9, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 8X5, Bathroom - Full, Bathroom - Tiled With Tub
  • No Rooms: 5
  • Dining Room: On Level: Second Floor
  • Kitchen: On Level: Second Floor, Dimension: 16X11, Flooring - Hardwood, Flooring - Laminate
  • Laundry Features: In Building
  • Living Room: On Level: Second Floor, Dimension: 17X11, Flooring - Hardwood
  • Other Room 1: Name: Sun Room, Dimension: 11X4
  • No Living Levels: 1
  • Main Lo: B50201
  • Main So: H95120
  • Estimated Sq Ft: 760.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Exterior Unit Features: Porch - Enclosed
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Guest
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: mwra
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Golf Course, Laundromat, Highway Access, House of Worship
  • HOA Fees: 404.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Preston Park Condominiums

Lot Info

  • Assessments: 246500.00
  • Acre: 1.00
  • Lot Size: 43560.00
  • Page: 449
  • Parcel Number: M:000030 B:0064 P:09BB1B
  • Zoning: GR

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3148.00
  • Assessor Parcel Number: 4396000
  • Tax Year: 2020

Multi Family

  • No Units: 54
  • No Units Owner Occ: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 23, 2021
Sold by
Mirasolo Christopher and Mirasolo Diana
Bought by
Tepoyan Vardan
Seller's Agent
Michael Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Vahan Ambartsumyan
StartPoint Realty
List Price
$299,900
Sold Price
$289,000
Premium/Discount to List
-$10,900
-3.63%
Current Estimated Value
$446,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,272
Avg. Annual Appreciation
9.26%
Original Mortgage
$274,550
Outstanding Balance
$246,673
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,725

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 17, 2019
Sold by
Fernando Melissa A
Bought by
Mirasolo Christopher and Mirasolo Diana
Seller's Agent
Kelly Dimbat
Lamacchia Realty, Inc.
Buyer's Agent
Michael Barrett
Barrett, Chris. J., REALTORS®
List Price
$269,000
Sold Price
$273,000
Premium/Discount to List
$4,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 25, 2013
Sold by
Mannke Shannon N and Mannke Barbara
Bought by
Fernando Melissa A
Seller's Agent
Erica Covelle
Compass
Buyer's Agent
Jennifer Iritano
James Marcora Realty
List Price
$224,900
Sold Price
$201,000
Premium/Discount to List
-$23,900
-10.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$194,970
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Mannke Shannon N
Bought by
Mannke Barbara and Mannke Shannon N

Purchase Details

Closed on
Nov 27, 2007
Sold by
Morrissey Joseph J and Mannke Shannon N
Bought by
Mannke Shannon N

Purchase Details

Closed on
Oct 30, 2006
Sold by
Moreschi Darlene
Bought by
Morrissey Joseph J and Mannke Shannon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Erskine Ex Harriet P and Bartlett Paul A
Bought by
Moreschi Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Tepoyan Vardan $289,000 None Available
Mirasolo Christopher $273,000 --
Fernando Melissa A $201,000 --
Fernando Melissa A $201,000 --
Mannke Barbara -- --
Mannke Shannon N -- --
Morrissey Joseph J $223,000 --
Moreschi Darlene $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tepoyan Vardan $274,550
Previous Owner Mirasolo Christopher $200,000
Previous Owner Fernando Melissa A $194,970
Previous Owner Morrissey Joseph J $211,850
Previous Owner Moreschi Darlene $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $289,000 -0.3% $380 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $289,900 -3.3% $381 / Sq Ft
12/03/2020 12/03/20 For Sale $299,900 +9.9% $395 / Sq Ft
05/23/2019 05/23/19 Sold $273,000 +1.5% $359 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $269,000 +33.8% $354 / Sq Ft
09/25/2013 09/25/13 Sold $201,000 +0.6% $264 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
07/25/2013 07/25/13 Price Changed $199,900 -11.1% $263 / Sq Ft
07/11/2013 07/11/13 For Sale $224,900 -- $296 / 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 $4,204 $370,400 $0 $370,400
2024 $3,520 $312,900 $0 $312,900
2023 $3,614 $308,100 $0 $308,100
2022 $3,541 $287,400 $0 $287,400
2021 $3,303 $259,500 $0 $259,500
2020 $3,148 $246,500 $0 $246,500
2019 $2,929 $228,300 $0 $228,300
2018 $2,688 $207,600 $0 $207,600
2017 $2,451 $188,100 $0 $188,100
2016 $2,486 $184,300 $0 $184,300
2015 $2,484 $184,300 $0 $184,300
2014 $2,309 $180,700 $0 $180,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Barrett

    Seller's Agent in 2021

    Michael Barrett

    Barrett, Chris. J., REALTORS®

    (781) 910-3104

    7 in this area

    88 Total Sales

    Michael Barrett
    Section Image

  • V

    Buyer's Agent in 2021

    Vahan Ambartsumyan

    StartPoint Realty

    Section Image
  • Kelly Dimbat

    Seller's Agent in 2019

    Kelly Dimbat

    Lamacchia Realty, Inc.

    (617) 519-9798

    131 Total Sales

    Kelly Dimbat
    Section Image
  • Erica Covelle

    Seller's Agent in 2013

    Erica Covelle

    Compass

    (617) 962-1591

    4 in this area

    178 Total Sales

    Erica Covelle
    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Iritano

    James Marcora Realty

See All Agents

About Preston Park Condominiums

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72763823

MLS Property Information Network (MLS PIN)

APN: WAKE-000030-000064-000009BB-000001B

Massachusetts Middlesex County Wakefield 01880 Montrose

68 Preston St Unit 1B, Wakefield, MA

This home is located at 68 Preston St Unit 1B, Wakefield, MA 01880 since 03 December 2020 and is currently estimated at $446,272, approximately $587 per square foot. 68 Preston St Unit 1B is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, Pioneer Charter School Of Science II, and St Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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