NOT LISTED FOR SALE

8 Patch Ave Wenham, MA 01984

Estimated Value: $987,000 - $1,265,000

5 Beds
3 Baths
2,800 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $702,000 $251 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,950/month

71 Days on Market

About This Home

As of August 2014

Rare opportunity for this beautifully designed, 1880 historic Victorian farmhouse with all original features. This 1.89 acres of property is situated on a private way off of Main Street in Wenham alongside conservation land; however, it is only minutes from downtown amenities. This is the first time this property has been on the market in fifty years, and has been well-maintained since. This elegant home features five bedrooms, two full bathrooms and one half bathroom (all new bathrooms as of 2006). The master suite features a walk-in closet along with a master bathroom highlighting a claw foot tub and glassed in shower combination as well as granite countertops. The entire home consists of original hardwood flooring, which maintains a classic touch. Additionally, the home features a farmer's porch, an attic, and a shed for storage. Come explore this graceful, well-designed home.

Last Listed By

Peter Lutts

Herrick Lutts Realty Partners Listed on: 05/12/2014

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,386

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 13
  • Amenities: Shopping, Conservation Area, T-Station
  • Flooring: Hardwood
  • Basement: Full
  • Bedroom 2: Second Floor, 12X15
  • Bedroom 3: Third Floor, 12X9
  • Bedroom 4: Third Floor, 11X14
  • Bedroom 5: Third Floor, 12X14
  • Bathroom #1: Second Floor, 14X12
  • Bathroom #2: Second Floor, 12X12
  • Bathroom #3: Third Floor, 6X7
  • Kitchen: First Floor, 14X12
  • Laundry Room: Second Floor, 6X6
  • Living Room: First Floor, 12X15
  • Master Bedroom: Second Floor, 14X14
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 15X12
  • Family Room: First Floor, 14X20

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 25, 2014
Sold by
Love William P and Love Susan M
Bought by
Roy Kevin C and Naugler Jessica L
Seller's Agent
Peter Lutts
Herrick Lutts Realty Partners
Buyer's Agent
Michelle Theriault
J. Barrett & Company
List Price
$729,000
Sold Price
$702,000
Premium/Discount to List
-$27,000
-3.7%
Total Days on Market
71
Current Estimated Value
$1,172,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,581
Avg. Annual Appreciation
4.90%
Original Mortgage
$70,800
Outstanding Balance
$54,978
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,117,603

Purchase Details

Closed on
Apr 9, 1993
Sold by
Sollows Davis Barbara
Bought by
Love Patricia and Love Susan B

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
Roy Kevin C $708,000 --
Love William P -- --
Love Patricia $230,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love William P $70,800
Open Roy Kevin C $566,400
Previous Owner Davis Barbara $260,000
Previous Owner Davis Barbara $220,000
Previous Owner Davis Barbara $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $702,000 0.0% $251 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/10/2014 06/10/14 Off Market $702,000 -- --
05/12/2014 05/12/14 For Sale $729,000 -- $260 / 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 $17,386 $1,118,800 $772,900 $345,900
2024 $17,179 $1,097,000 $772,900 $324,100
2023 $16,406 $945,600 $690,100 $255,500
2022 $15,915 $812,800 $566,700 $246,100
2021 $15,193 $772,000 $525,900 $246,100
2020 $14,394 $760,000 $526,100 $233,900
2019 $15,281 $848,000 $526,100 $321,900
2018 $12,281 $653,600 $449,600 $204,000
2017 $11,980 $653,600 $449,600 $204,000
2016 $11,098 $653,600 $449,600 $204,000
2015 $11,271 $693,600 $524,600 $169,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 71678992

MLS Property Information Network (MLS PIN)

APN: WENH-000019-000000-000052