NOT LISTED FOR SALE

28 Lake St Wakefield, MA 01880

West Side Neighborhood

Estimated Value: $688,888 - $717,000

5 Beds
4 Baths
2,842 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 31, 2025

Last sale price $871,000 $306 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,480/month

About This Home

Fantastic opportunity for Owner Occupants, Multi-generational families & Investors - this well-maintained multi-family is just steps to the commuter rail, downtown Wakefield & minutes to all major routes! The Front Unit - Unit #1, features a front porch, a charming entry w/ stained glass on the first level, a large open concept living / dining room w/ HW floors & built-in china cabinet, & kitchen w/ pantry & full bath. 3 BR's are located upstairs along w/ a recently updated full bath. The walk-up attic in Unit 1 is unfinished w/ potential for a playroom or the primary suite you dream about. For Unit 2, the first floor features a sundrenched office/sunroom overlooking the yard, a large eat-in kitchen & half bath. The 2nd floor of this (Unit 2) holds 2 well-sized BR's, one w/ a double closet & the other w/ a spacious walk-in closet & a full bath w/ tub. Large, level driveway w/ (small) one car garage & storage shed/workshop or extra storage. 1st showing at 1st OH - no exceptions.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Tekeste Biniam
Bought by
Manning Bridget and Ravinal Eric
Current Estimated Value
$704,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,750
Outstanding Balance
$666,186
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$38,036

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 31, 2025
Sold by
Helene G Stentiford Ret and Swyers
Bought by
Tekeste Biniam
Seller's Agent
David Ladner
RE/MAX Harmony
Buyer's Agent
Andy Mass
Mass Realty Properties
List Price
$799,900
Sold Price
$871,000
Premium/Discount to List
$71,100
8.89%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.50%
Original Mortgage
$827,450
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2017
Sold by
Stentiford Helene
Bought by
Helene G Stentiford Re and Stentiford
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Manning Bridget $710,000 --
Manning Bridget $710,000 --
Willbur Katelyn $705,000 --
Willbur Katelyn $705,000 --
Tekeste Biniam $871,000 None Available
Tekeste Biniam $871,000 None Available
Helene G Stentiford Re -- --
Helene G Stentiford Re -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willbur Katelyn $669,750
Closed Willbur Katelyn $669,750
Closed Manning Bridget $568,000
Previous Owner Tekeste Biniam $827,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $871,000 +8.9% $306 / Sq Ft View Prior Sale
03/06/2025 03/06/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $799,900 -- $281 / Sq Ft

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 $9,315 $820,700 $375,500 $445,200
2024 $9,179 $815,900 $373,300 $442,600
2023 $8,734 $744,600 $340,400 $404,200
2022 $8,360 $678,600 $310,000 $368,600
2021 $8,011 $629,300 $289,000 $340,300
2020 $7,511 $588,200 $270,200 $318,000
2019 $7,167 $558,600 $256,900 $301,700
2018 $6,674 $515,400 $237,000 $278,400
2017 $6,277 $481,700 $221,500 $260,200
2016 $5,861 $434,500 $209,500 $225,000
2015 $5,478 $406,400 $195,800 $210,600
2014 $4,996 $390,900 $188,200 $202,700
Source: Public Records

Agents Affiliated with this Home

  • David Ladner

    Seller's Agent in 2025

    David Ladner

    RE/MAX

    9 in this area

    336 Total Sales

    David Ladner
    Section Image
  • Andy Mass

    Buyer's Agent in 2025

    Andy Mass

    Mass Realty Properties

    (617) 877-5706

    3 in this area

    60 Total Sales

    Andy Mass
    Section Image
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Map

Massachusetts Middlesex County Wakefield 01880 West Side

28 Lake St, Wakefield, MA

Not Listed for Sale

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