NOT LISTED FOR SALE

248 Albion St, Unit 315 Wakefield, MA 01880

West Side Neighborhood

Estimated Value: $603,689 - $694,000

2 Beds
2 Baths
1,162 Sq Ft
$555/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $451,000 $388 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,837/month

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • 9,999,999 Sq Ft lot
  • Wood Flooring
  • 5-minute walk to Moulton Playground

About This Home

As of February 2024

Available 2/1/2023. Discover the perfect blend of comfort and convenience in this stylish 2-bedroom, 2-bathroom unit. Located in the heart of Wakefield, this residence offers a modern living experience with a touch of charm. Spacious and sunlit living areas. Two well-appointed bedrooms for your comfort.Two full bathrooms for added convenience. In-unit washer and dryer for hassle-free laundry. Elevator access for easy mobility. Assigned parking for residents. Enjoy the benefits of a friendly community and proximity to: Parks and recreational area. Shopping and dining options. Convenient access to public transportation and major highways.

Last Agent to Rent the Property

Marketing Email

Blue Ocean Realty, LLC Listed on: 11/16/2023

Co-Listed By

Monica Chen

Blue Ocean Realty, LLC

Last Renter's Agent

Ying Lin

Blue Ocean Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 2005

Lot Details

  • 229.57 Acre Lot
  • Near Conservation Area

Parking

  • 1 Car Parking Space

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 1,162 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 2/1/24
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 4618945

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,510

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-02-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: No
  • SEC DEPOSIT: 2800

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 2005
  • Entry Level: 2
  • CoOp Comp: Cobroker
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood
  • Living Area: 1162
  • Spa YN: No
  • MAIN LO: AN2056
  • MAIN SO: AN2056

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Water
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4618945
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 3, 2019
Sold by
Joie L Edson Ret
Bought by
Wang Wenruo
Seller's Agent
Maria Dicarlo
Elite Realty Experts, LLC
Buyer's Agent
Sylvia Shen
Compass
List Price
$428,000
Sold Price
$451,000
Premium/Discount to List
$23,000
5.37%
Current Estimated Value
$645,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,422
Avg. Annual Appreciation
5.73%
Original Mortgage
$361,000
Outstanding Balance
$317,407
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$328,015

Purchase Details

Closed on
Feb 26, 2016
Sold by
Edson Joie L
Bought by
Joie L Edson Ret and Edson Joie L

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 31, 2015
Sold by
Delory Janice and Delory F
Bought by
Edson Joie L
Seller's Agent
Stephen Conroy
Boardwalk Real Estate
Buyer's Agent
Maria Dicarlo
Elite Realty Experts, LLC
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$268,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2008
Sold by
Ferrara Christopher J
Bought by
Delory F Leo and Delory Janice

Purchase Details

Closed on
Mar 1, 2006
Sold by
Wakefield Xing Llc
Bought by
Ferrara Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Wang Wenruo $451,000 --
Joie L Edson Ret -- --
Edson Joie L $335,000 --
Delory F Leo $335,000 --
Ferrara Christopher J $324,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Wenruo $361,000
Previous Owner Edson Joie L $268,000
Previous Owner Ferrara Christopher J $259,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Rented $2,800 0.0% --
01/02/2024 01/02/24 Under Contract -- -- --
12/11/2023 12/11/23 For Rent $2,800 0.0% --
11/17/2023 11/17/23 Off Market $2,800 -- --
11/16/2023 11/16/23 For Rent $2,800 0.0% --
06/03/2019 06/03/19 Sold $451,000 +5.4% $388 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $428,000 +27.8% $368 / Sq Ft
08/31/2015 08/31/15 Sold $335,000 0.0% $288 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
07/08/2015 07/08/15 Off Market $335,000 -- --
07/02/2015 07/02/15 For Sale $325,000 0.0% $280 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $325,000 -- $280 / 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 $5,510 $485,500 $0 $485,500
2024 $5,542 $492,600 $0 $492,600
2023 $4,898 $417,600 $0 $417,600
2022 $5,057 $410,500 $0 $410,500
2021 $4,932 $387,400 $0 $387,400
2020 $4,652 $364,300 $0 $364,300
2019 $4,451 $346,900 $0 $346,900
2018 $4,118 $318,000 $0 $318,000
2017 $3,918 $300,700 $0 $300,700
2016 $3,891 $288,400 $0 $288,400
2015 $3,679 $272,900 $0 $272,900
2014 $3,385 $264,900 $0 $264,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2024

    Marketing Email

    Blue Ocean Realty, LLC

    (617) 206-5700

    8 Total Sales

    Marketing Email
    Section Image

  • M

    Landlord's Co-Listing Agent in 2024

    Monica Chen

    Blue Ocean Realty, LLC

    1 Total Sale

    Monica Chen
    Section Image

  • Y

    Tenant's Agent in 2024

    Ying Lin

    Blue Ocean Realty, LLC

    Section Image
  • Maria Dicarlo

    Seller's Agent in 2019

    Maria Dicarlo

    Elite Realty Experts, LLC

    (617) 257-1930

    3 in this area

    21 Total Sales

    Maria Dicarlo
    Section Image

  • S

    Buyer's Agent in 2019

    Sylvia Shen

    Compass

    (617) 763-2776

    1 in this area

    39 Total Sales

    Sylvia Shen
    Section Image
  • Stephen Conroy

    Seller's Agent in 2015

    Stephen Conroy

    Boardwalk Real Estate

    (617) 823-4198

    12 in this area

    92 Total Sales

    Stephen Conroy
    Section Image
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About This Building

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73181223

MLS Property Information Network (MLS PIN)

APN: WAKE-000013-000003-000315

Massachusetts Middlesex County Wakefield 01880 West Side

248 Albion St Unit 315, Wakefield, MA

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