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3 Nelson Way

3 Nelson Way, Wilmington, MA 01887
Property in Wilmington
Sold Jan 16, 2018
Transfer
Sold Oct 27, 2017
$580,000
$175,000 by Members Mortgage Company Inc
Mortgage Due Oct 27, 2047
3 Nelson Way has been categorized by the local assessors in Wilmington, MA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3 Nelson Way has 2,128 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $580,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,916 in taxes each year. 3 Nelson Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $746,700. If we break it down further, the land itself was valued at $307,300. Improvements to the property, however, were assessed at a total of $439,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Swimming Pool

Above Ground Pool
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 476
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,128
  • Gross Building Area: 3,360
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,128
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILMINGTON
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE DIANA E
  • Previous Owner : LEE JOHN F
  • Previous Owner 2: LEE NANCY A
  • Owner Before Previous Owner: KARANI NILESH
  • Owner Before Previous Owner 2: KARANI RUPAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilmington School District
  • School Tax School District: WILMINGTON SD
  • Census Tract: 331102

Geography

  • Parcel: WILM M:0087 L:0000 P:0004B
  • Municipality: WILMINGTON
  • Latitude: 42.5717
  • Longitude: -71.1505

    Address

  • Full Address: 3 Nelson Way
  • Address - House Number: 3
  • Address - Street Name: Nelson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 1485
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,916

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 857,544
  • High Value: 1,007,412
  • Low Value: 707,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $746,700
  • Assessed Land Value: $307,300
  • Assessed Improvements Value: $439,400

    Sales

  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Transaction ID: 11381210835
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2090
  • Previous Sale Recording Date: Oct 27, 2017
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Previous Mortgages

  • Previous Mortgage Lender: MEMBERS MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Oct 27, 2017
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 27, 2047

About Wilmington



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Frequently Asked Questions

What neighborhood is 3 Nelson Way located in?
The 3 Nelson Way is a located in the neighborhood of Wilmington in Wilmington, Wilmington.
What is the average sales price for listings in 3 Nelson Way?
The average sales price for units in 3 Nelson Way is $0 currently.

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