NOT LISTED FOR SALE

19 Richardson St Unit 21 Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $554,000

5 Beds
2.5 Baths
1,914 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $700,000 $366 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,764/month

4 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Corner Lot
  • Park

About This Home

As of January 2024

Opportunity knocks for the investor or contractor ! This side by side Duplex style two family home is within a short distance to downtown Wakefield, the Common, and Lake Quannapowitt. Also near commuter rail to Boston and bus line.Owner's unit (right side) consists of 6 rooms, 3 bedrooms and one and a half bathrooms. Hardwood floors, full basement.Tenant's unit (left side) consists of 5 rooms, 2 bedrooms, and one bathroom. Full basement and hardwood floors.Both sides townhouse style. Corner lot with two driveways. Property needs some updating but great potential for owner occupant to live in one side and have rental income from the other, extended family living, condo conversion,etc. All separate heating, hot water, and electric.Come view Saturday and Sunday Nov 11th and 12th from 11:30-1:00

Last Agent to Sell the Property

Stephen Conroy

Boardwalk Real Estate Listed on: 11/09/2023

Last Buyer's Agent

Stephen Conroy

Boardwalk Real Estate Listed on: 11/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,637

Year Built

  • Built in 1943

Lot Details

  • 6,412 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot

Home Design

  • 1,914 Sq Ft Home
  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,300
  • Assessor Parcel Number 818754

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Water Sewer Expense $1,200
  • Operating Expense $1,200
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,637

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1943
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Countertop Range,Refrigerator), Unit 2(Countertop Range,Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry
  • Living Area: 1914
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: B30601
  • LIST PRICE PER Sq Ft: 360.45
  • PRICE PER Sq Ft: 365.73
  • MAIN SO: B30601

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Forced Air,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: 818754
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6412
  • Lot Size Units: Acres
  • PAGE: 27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7637
  • Tax Book Number: 1039

Multi Family

  • Gross Income: 15600
  • Net Operating Income: 15600
  • Number Of Units Total: 2
  • Operating Expense: 1200
  • Total Actual Rent: 1300
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Dinapoli Re Prop Inc
Bought by
Kelley Henry F and Kelley Mary E
Total Days on Market
4
Current Estimated Value
$554,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1987
Sold by
Okeeffe Lorraine M
Bought by
Okeeffe John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
10.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Wakefield, MA

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    • 6 Beds
    • 2 Baths
    • 1,720 Sq Ft
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    GREAT OPPORTUNITY TO OWN A MULTI-FAMILY IN WAKEFIELD! Looking for an investment or a home to build some sweat equity? This is it! Just minutes from downtown Wakefield and Lake Quannapowitt, with convenient access to shopping, dining, parks, schools, and the commuter rail. Whether you are looking to flip, rent, or hold long-term, this is a great investment opportunity!

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Range of Values:

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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
Kelley Henry F $615,000 None Available
Kelley Henry F $615,000 None Available
Okeeffe John J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafuente Gregory $378,056
Closed Kelley Henry F $415,000
Closed Lafuente Gregory $380,000
Previous Owner Okeeffe John J $145,000
Previous Owner Okeefe John J $129,000
Previous Owner Okeeffe John J $115,000
Previous Owner Okeeffe John J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $700,000 +1.5% $366 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $689,900 -- $360 / 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
2024 $8,030 $713,800 $348,000 $365,800
2023 $7,637 $651,100 $317,400 $333,700
2022 $7,305 $592,900 $289,000 $303,900
2021 $6,916 $543,300 $269,400 $273,900
2020 $6,486 $507,900 $251,900 $256,000
2019 $6,196 $482,900 $239,500 $243,400
2018 $5,769 $445,500 $220,900 $224,600
2017 $5,424 $416,300 $206,500 $209,800
2016 $5,025 $372,500 $195,300 $177,200
2015 $4,692 $348,100 $182,500 $165,600
2014 $4,279 $334,800 $175,500 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73178908

MLS Property Information Network (MLS PIN)

APN: WAKE-000018-000112-V000000-000025