NOT LISTED FOR SALE

7 Massachusetts Ave Wilmington, MA 01887

Estimated Value: $715,575 - $822,000

4 Beds
2 Baths
2,000 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $470,000 $235 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,522/month

83 Days on Market

About This Home

As of September 2017

HUGE PRICE REDUCTION!! Welcome Home to this 4 bedroom Split Entry located on a fenced corner lot in a convenient location of town. This home has been carefully maintained with many updates. First floor features new granite kitchen w/ all brand new stainless appliances, large living room w/ new bay window, 3 good sized bedrooms and full bath. First floor has hardwood flooring throughout, new Andersen windows and has been freshly painted. Lower level features a fireplaced family room, bedroom, an area that was once a kitchen (all plumbing is in place if buyer would like to bring it back), full bath and another bonus room that could be used as a another bedroom, exercise room or home office. Large level lot loaded with beautiful perennials. Short walk to public transportation, shopping, public beach and restaurants. Home is located on TOWN SEWER!!

Last Agent to Sell the Property

Carolyn Giroux

Wilson Wolfe Real Estate Listed on: 06/22/2017

Last Buyer's Agent

Kristen Rideout

Gibson Sotheby's International Realty License #449543126

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,744

Year Built

1971

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Split Entry
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Wood
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Cable Available
  • Basement: Full, Finished, Sump Pump
  • Bedroom 2: First Floor, 10X13
  • Bedroom 3: First Floor, 9X10
  • Bedroom 4: Second Floor, 11X15
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 11X20
  • Laundry Room: Second Floor
  • Living Room: First Floor, 13X14
  • Master Bedroom: First Floor, 11X14
  • Master Bedroom Description: Flooring - Hardwood
  • Family Room: Second Floor, 12X13
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • Oth1 Room Name: Bonus Room
  • Oth1 Dimen: 8X12
  • Main Lo: B61601
  • Main So: BB5918
  • Estimated Sq Ft: 2000.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck, Patio, Storage Shed, Fenced Yard
  • Foundation: Poured Concrete
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: Res.
  • Acre: 0.34
  • Lot Size: 15000.00

Multi Family

  • Foundation: 24x42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Sep 18, 2017
Sold by
Patel Piyush V and Patel Nimisha
Bought by
Parsons Daniel L
Seller's Agent
Carolyn Giroux
Wilson Wolfe Real Estate
Buyer's Agent
Kristen Rideout
Gibson Sotheby's International Realty
List Price
$499,100
Sold Price
$470,000
Premium/Discount to List
-$29,100
-5.83%
Current Estimated Value
$752,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,144
Avg. Annual Appreciation
5.89%
Original Mortgage
$376,000
Outstanding Balance
$314,239
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$437,905

Purchase Details

Closed on
Aug 11, 2009
Sold by
Keating Cheryl
Bought by
Patel Piyush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,565
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Sciaba Paul J and Sciaba Gregg A
Bought by
Keating Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.04%
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
Parsons Daniel L $470,000 --
Patel Piyush $335,000 --
Keating Cheryl $257,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Daniel L $376,000
Previous Owner Keating Cheryl $317,000
Previous Owner Patel Piyush $323,565
Previous Owner Keating Cheryl $205,000
Previous Owner Keating Cheryl $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2017 09/18/17 Sold $470,000 -1.1% $235 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
07/14/2017 07/14/17 Price Changed $475,000 -4.0% $238 / Sq Ft
07/05/2017 07/05/17 Price Changed $495,000 -0.8% $248 / Sq Ft
06/22/2017 06/22/17 For Sale $499,100 -- $250 / 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 $6,744 $589,000 $275,300 $313,700
2024 $6,683 $584,700 $275,300 $309,400
2023 $6,462 $541,200 $250,300 $290,900
2022 $6,153 $472,200 $208,500 $263,700
2021 $6,279 $453,700 $189,500 $264,200
2020 $6,350 $467,600 $189,500 $278,100
2019 $5,849 $425,400 $180,500 $244,900
2018 $4,927 $341,900 $171,900 $170,000
2017 $4,792 $331,600 $167,900 $163,700
2016 $4,553 $311,200 $159,900 $151,300
2015 $4,473 $311,300 $159,900 $151,400
2014 $4,211 $295,700 $152,300 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72187488

MLS Property Information Network (MLS PIN)

APN: WILM-000044-000000-000000-000156