NOT LISTED FOR SALE

Estimated Value: $720,441 - $888,000

4 Beds
2 Baths
2,208 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $675,000 $306 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,945/month

8 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Shops
  • Corner Lot
  • Park

About This Home

As of August 2022

A unique opportunity for investors or contractors, or anyone looking to own in Wakefield at an incredible price! This dated but well-maintained home has two units each with 2 bedrooms and one bathroom and oozes so much potential. Current tenants are TAW. Whether you rehab to create your dream single-family or simply refresh it with new paint, this home has the good bones needed to transform it into something spectacular. With two kitchens, gorgeous hardwood floors, tall ceilings, and a walkup attic, there is truly an abundance of space to be utilized however you see fit. Located on a large corner lot and conveniently located to highways, public transportation, and all the charm Downtown Wakefield has to offer. Buyers and buyers agents to perform their own due diligence. Showing during open house Wednesday, June 22 from 5:30-7 only.

Last Agent to Sell the Property

Candice Hodgson

Lyv Realty Listed on: 06/15/2022

Co-Listed By

Alex Guarino

Lyv Realty

Last Buyer's Agent

Hakmeng Kang

Lineage Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,901

Year Built

  • Built in 1923

Lot Details

  • 9,999 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Galvin Middle School
  • Wakefield High School

Listing and Financial Details

  • Total Actual Rent $2,410
  • Assessor Parcel Number 821752

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $28,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,901

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1923
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry
  • Living Area: 2208
  • Stories Total: 3
  • MAIN LO: AN5767
  • LIST PRICE PER Sq Ft: 294.38
  • PRICE PER Sq Ft: 305.71
  • MAIN SO: AN4505

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 821752
  • Zoning: single res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • PAGE: 00020A

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8901
  • Tax Book Number: 0039

Multi Family

  • Gross Income: 28920
  • Net Operating Income: 28920
  • Number Of Units Total: 2
  • Total Actual Rent: 2410
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Wakefield High
  • Middle Or Junior School: Galvin Middle

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $675,000 +3.8% $306 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $649,995 -- $294 / 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
2025 $6,984 $615,300 $400,600 $214,700
2024 $6,597 $586,400 $381,800 $204,600
2023 $8,993 $766,700 $367,000 $399,700
2022 $8,901 $722,500 $354,800 $367,700
2021 $8,066 $633,600 $323,600 $310,000
2020 $7,690 $602,200 $307,600 $294,600
2019 $7,458 $581,300 $296,900 $284,400
2018 $7,189 $555,100 $283,500 $271,600
2017 $6,826 $523,900 $267,500 $256,400
2016 $6,076 $450,400 $240,700 $209,700
2015 $5,958 $442,000 $236,100 $205,900
2014 $5,541 $433,600 $231,500 $202,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72998396

MLS Property Information Network (MLS PIN)

APN: WAKE-000032-000039-000020A