M
Seller's Agent in 2025
Michael Stewart
Lighthouse Real Estate Group
(401) 829-9976
14 in this area
30 Total Sales
16 Mechanic St Wakefield, RI 02879
3
Beds
2
Baths
2,609
Sq Ft
5,227
Sq Ft Lot
Highlights
- Wood Flooring
- Window Unit Cooling System
- Baseboard Heating
- Skylights
- Bathtub with Shower
- Wood Siding
About This Home
As of October 2025A well maintained multi-family home ideally situated in one of Wakefield's most sought-after downtown neighborhoods. This versatile property offers two distinct units, perfect for owner-occupants, investors, or those seeking an income-generating opportunity. The first-floor unit features 2 bedrooms and 1 full bath, complemented by brand-new appliances and a functional layout. The second-floor unit offers 1 bedroom, 1 bath, plus a dedicated office space ideal for working from home. The kitchen boasts soapstone countertops and skylights adding character and charm to the upper-level space. Outside, enjoy a partially fenced-in yard, perfect for pets, gardening, or entertaining as well as a large shed. Located on a quiet street yet just steps from Main Street, you're within walking distance to local shops, restaurants, cafes, and parks, making this a rare find in downtown Wakefield. Whether you're looking for a smart investment or a place to call home with rental potential, 16 Mechanic Street checks all the boxes. Don't miss this incredible opportunity in a coveted location!
Last Agent to Sell the Property
Lighthouse Real Estate Group License #RES.0040724 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,240
Year Built
- Built in 1890
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Plaster
Interior Spaces
- 2,609 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
- Oil Water Heater
Community Details
- 2 Units
- Wakefield Subdivision
Listing and Financial Details
- Tax Lot 90
- Assessor Parcel Number 16MECHANICSTSKNG
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2025
Closed on
Oct 28, 2025
Sold by
Pinner John W
Bought by
Mahar Matthew E
Seller's Agent
Michael Stewart
Lighthouse Real Estate Group
Buyer's Agent
John Biafore
Lighthouse Real Estate Group
List Price
$635,000
Sold Price
$640,000
Premium/Discount to List
$5,000
0.79%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.73%
Purchase Details
Closed on
Mar 20, 2007
Sold by
Pinch Steven M and Pinch Karen D
Bought by
Pinner 4Th John Webb
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,187
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2006
Sold by
Benson George E and Bensen Paulette L
Bought by
Pinch Steven M and Pinch Karen D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $640,000 | -- | |
| Deed | $260,500 | -- | |
| Deed | $260,500 | -- | |
| Deed | $302,500 | -- | |
| Deed | $302,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $235,570 | No Value Available | |
| Previous Owner | $251,009 | No Value Available | |
| Previous Owner | $251,187 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | Sold | $640,000 | +0.8% | $245 / Sq Ft |
| 09/22/2025 09/22/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | For Sale | $635,000 | -- | $243 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,167 | $354,300 | $202,700 | $151,600 |
| 2024 | $3,240 | $293,200 | $155,900 | $137,300 |
| 2023 | $3,240 | $293,200 | $155,900 | $137,300 |
| 2022 | $3,211 | $293,200 | $155,900 | $137,300 |
| 2021 | $3,153 | $218,200 | $119,900 | $98,300 |
| 2020 | $3,153 | $218,200 | $119,900 | $98,300 |
| 2019 | $3,153 | $218,200 | $119,900 | $98,300 |
| 2018 | $3,112 | $198,500 | $114,700 | $83,800 |
| 2017 | $3,039 | $198,500 | $114,700 | $83,800 |
| 2016 | $2,995 | $198,500 | $114,700 | $83,800 |
| 2015 | $2,983 | $192,200 | $104,300 | $87,900 |
| 2014 | $2,975 | $192,200 | $104,300 | $87,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Stewart
-
John Biafore
Buyer's Agent in 2025
John Biafore
Lighthouse Real Estate Group
(401) 862-4041
20 in this area
36 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1392073
APN: SKIN-005704-000000-000090
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