Seller's Agent in 2022
Jill McTague
RE/MAX
(781) 956-6862
3 in this area
153 Total Sales
16 Otis St Wakefield, MA 01880
Lakeside NeighborhoodEstimated Value: $809,000 - $956,303
4
Beds
2
Baths
2,273
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Waterfront
- Wood Flooring
- Porch
- Property is near public transit
- Corner Lot
- Park
About This Home
As of February 2022Great two-family home in one of the most desirable areas of Wakefield. The location will be what draws you to this house but the size, character & features are what will make you fall in love. Add your personal touches and make this an amazing investment. The close proximity to all the shops and restaurants, Lake Quannapowitt, the commuter rail and highway access means finding a tenant will never be an issue. Both units feature gorgeous hardwood floors & great size bedrooms.. Unit one boasts in-unit laundry & an oversized kitchen just waiting for your updates. Unit two has 2 levels of living and space for a home office or den. The expansive back yard allows for an abundance of parking which is a must for tenants. This home has loads of potential so don’t miss this opportunity to own this oversized multi family in the most amazing location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,224
Year Built
- Built in 1880
Lot Details
- 8,276 Sq Ft Lot
- Waterfront
- Property fronts an easement
- Corner Lot
Home Design
- Block Foundation
Interior Spaces
- 2,273 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Outdoor Storage
- Porch
Location
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $1,800
- Assessor Parcel Number M:000017 B:0040 P:000161,818375
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
- Net Operating Income $21,600
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Desilva Kerri A | $603,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $710,000 | +1.6% | $312 / Sq Ft |
| 01/12/2022 01/12/22 | Pending | -- | -- | -- |
| 01/03/2022 01/03/22 | For Sale | $699,000 | -- | $308 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,645 | $849,800 | $398,900 | $450,900 |
| 2024 | $9,741 | $865,900 | $406,500 | $459,400 |
| 2023 | $9,580 | $816,700 | $370,400 | $446,300 |
| 2022 | $8,905 | $722,800 | $327,800 | $395,000 |
| 2021 | $8,224 | $646,000 | $302,900 | $343,100 |
| 2020 | $7,640 | $598,300 | $280,500 | $317,800 |
| 2019 | $7,367 | $574,200 | $269,200 | $305,000 |
| 2018 | $7,006 | $541,000 | $253,600 | $287,400 |
| 2017 | $6,680 | $512,700 | $240,400 | $272,300 |
| 2016 | $5,992 | $444,200 | $220,100 | $224,100 |
| 2015 | $5,875 | $435,800 | $215,900 | $219,900 |
| 2014 | $5,356 | $419,100 | $207,600 | $211,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jill McTague
-
Amanda Chan
A
Buyer's Agent in 2022
Amanda Chan
eXp Realty
2 in this area
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72930568
APN: WAKE-000017-000040-000161
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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