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499 Woburn Street

499 Woburn Street, Wilmington, MA 01887
Property in Wilmington
Sold Sep 06, 2017
$435,000
$315,000 by Peoples United Bank
Mortgage Due Sep 06, 2047
Sold Dec 16, 2013
$372,000
$340,000 by Salem Five Mortgage Corp
Mortgage Due Dec 16, 2043
499 Woburn Street 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 1988 and is 36 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 499 Woburn Street has 1,144 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 126,760 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 499 Woburn Street was last sold in Jan 1, 1970 for $435,000. According to our calculations, that's $380.24 per sqft. Prior to that sales transaction, the property was sold for $372,000 in Jan 1, 1970. Current property owners are expected to pay $7,331 in taxes per year. The property on 499 Woburn Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $614,000. To break that down further, the land itself was valued at $287,100. While improvements to the property were assessed at a total of $326,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Outdoor Space

Garden

Driveway

Shared Driveway

Parking

Off Street Parking

Condition

Wooded Lot
Level Lot

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 816
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 126,760
  • Total Building Area: 1,144
  • Gross Building Area: 2,896
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILMINGTON
  • Land Acres: 2.91
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ONEIL MICHELLE P
  • Current Owner 2: SHEA PATRICK R
  • Previous Owner : TURNER JAMES S
  • Previous Owner 2: ZANONI SUZANNE N
  • Owner Before Previous Owner: LODICO RICHARD F
  • Owner Before Previous Owner 2: LODICO SUSAN W
  • 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:0076 L:0000 P:0010S
  • Municipality: WILMINGTON
  • Latitude: 42.5521
  • Longitude: -71.1461

    Address

  • Full Address: 499 Woburn St
  • Address - House Number: 499
  • Address - Street Name: Woburn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 2503
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,331

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 716,840
  • High Value: 831,798
  • Low Value: 601,881

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $415,000
  • First Open Lien Mortgage Lender: PEOPLES UNITED BANK
  • First Open Lien Mortgage Recording Date: Sep 06, 2017
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 06, 2047
  • Second Open Lien Mortgage Lender: CITIZENS BANK
  • Second Open Lien Mortgage Recording Date: Aug 22, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,000
  • Assessed Land Value: $287,100
  • Assessed Improvements Value: $326,900

    Sales

  • Current Sale Recording Date: Sep 06, 2017
  • Current Sale Transaction ID: 1735942786
  • Current Sale Price: $435,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 39639
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES UNITED BANK
  • First Mortgage Transaction Date: Sep 06, 2017
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 06, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 16, 2013
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 16, 2043

About Wilmington



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Frequently Asked Questions

What neighborhood is 499 Woburn Street located in?
The 499 Woburn Street is a located in the neighborhood of Wilmington in Wilmington, Wilmington.
What is the average sales price for listings in 499 Woburn Street?
The average sales price for units in 499 Woburn Street is $0 currently.

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