NOT LISTED FOR SALE

7 Melvin St Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $706,000 - $746,000

3 Beds
2 Baths
1,346 Sq Ft
$535/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $400,000 $297 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,328/month

13 Days on Market

About This Home

As of December 2016

Charming well cared for Colonial located in desirable Wakefield. The home is situated off the street allowing it to be quiet and quaint. Many updates throughout including freshly painted interior, eat-in spacious kitchen with Granite Counter Tops and Stainless Steel appliances, big living room and dining room, crown molding. Staircases at the front and the back of the house leads you to the second floor with 3 bedrooms and an office/bonus room all with freshly cleaned wall to wall carpet. The home has a state-of-the-art heating system and also has a private detached office/workspace. A great opportunity to live in Wakefield, close to shopping, Town Center, convenient to routes 93, 95, and rt 1. No Showings until after Open House Sunday 9/25 from 12-2..

Last Agent to Sell the Property

Karen Coraccio

Boardwalk Real Estate Listed on: 09/24/2016

Last Buyer's Agent

Mary Sexton

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Gentle Slope
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances: Range, Dishwasher
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 14X11
  • Bedroom 3: Second Floor, 12X9
  • Bathroom #1: First Floor, 7X7
  • Kitchen: First Floor, 13X15
  • Living Room: First Floor, 15X12
  • Master Bedroom: Second Floor, 12X15
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 12X7
  • Oth1 Room Name: Home Office
  • Oth1 Dimen: 11X8
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch, Gutters, Screens, Stone Wall
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: GR

Multi Family

  • Foundation: 20x28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2009
Sold by
Luke Stephen A and Luke Tanushree B
Bought by
White Jonathan G and Vatcher Jenna E
Current Estimated Value
$720,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,547
Outstanding Balance
$210,730
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$509,816

Purchase Details

Closed on
Jun 18, 2007
Sold by
Fazio Janet L and Macleod Malcolm E
Bought by
Luke Stephen A and Luke Tanushree B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1988
Sold by
Fazio Mary H
Bought by
Fazio Ronald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
10.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Jonathan G $328,500 --
Luke Stephen A $290,000 --
Fazio Ronald P $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jonathan G $322,547
Previous Owner Luke Stephen A $290,000
Previous Owner Fazio Ronald P $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2016 12/02/16 Sold $400,000 -4.7% $297 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $419,900 +18.3% $312 / Sq Ft
12/18/2013 12/18/13 Sold $355,000 0.0% $251 / Sq Ft View Prior Sale
11/11/2013 11/11/13 Pending -- -- --
10/24/2013 10/24/13 Off Market $355,000 -- --
10/17/2013 10/17/13 For Sale $349,900 -- $248 / 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 $7,048 $621,000 $394,000 $227,000
2024 $6,947 $617,500 $391,800 $225,700
2023 $6,613 $563,800 $357,300 $206,500
2022 $6,334 $514,100 $325,400 $188,700
2021 $6,084 $477,900 $303,300 $174,600
2020 $5,706 $446,800 $283,500 $163,300
2019 $5,450 $424,800 $269,600 $155,200
2018 $5,076 $392,000 $248,700 $143,300
2017 $4,773 $366,300 $232,400 $133,900
2016 $4,775 $354,000 $219,900 $134,100
2015 $4,466 $331,300 $205,500 $125,800
2014 $3,920 $306,700 $197,600 $109,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Coraccio

    Boardwalk Real Estate

    9 Total Sales

    Karen Coraccio
    Section Image

  • M

    Buyer's Agent in 2016

    Mary Sexton

    William Raveis R.E. & Home Services

    Section Image

  • R

    Seller's Agent in 2013

    Ryan Covino

    RE/MAX

  • N

    Buyer's Agent in 2013

    Nancy Yorgy

    Keller Williams Realty Evolution

    (978) 229-2229

    47 Total Sales

    Nancy Yorgy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72072457

MLS Property Information Network (MLS PIN)

APN: WAKE-000018-000131-000013

Massachusetts Middlesex County Wakefield 01880 East Side

7 Melvin St, Wakefield, MA

Not Listed for Sale

Detached

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