NOT LISTED FOR SALE

3 Richardson St Unit F6 Wakefield, MA 01880

East Side Neighborhood

Estimated Value: $383,000 - $425,000

2 Beds
1 Bath
902 Sq Ft
$377/mo HOA Fee

Last Sold December 02, 2022

Last sale price $360,000 $399 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,965/month

4 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Solid Surface Countertops
  • Wood Flooring
  • Corner Lot
  • Jogging Path

About This Home

As of December 2022

On the future Wakefield-Lynnfield Rail Trail. You'd never know Terrace Condominiums is just steps from all Downtown Wakefield has to offer! Bright and Sunny top floor corner unit with spacious rooms and and a private balcony. Freshly painted throughout, 2 deeded parking spaces steps away from unit. Heat and hot water included in condo fee. Less than a mile to the Wakefield T commuter rail stop, bus, and Lake Quannapowitt where you can enjoy boating, festivals, and other recreational activities. Take a stroll along Downtown Main Street where you'll find many shops and restaurants to choose from. Don’t miss this wonderful opportunity!

Last Agent to Sell the Property

Meg Michaels

Residential Realty Group Listed on: 09/28/2022

Last Buyer's Agent

Laurie Hunt

North Star RE Agents, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1971

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 902 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Hot Water Heating System

Additional Features

  • Balcony
  • End Unit
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:000018 B:0073 P:0000F6,3441564

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 36 Units
  • Terrace Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,488

Year Built

Built in 1971

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1971
  • Buyer Agency: 2.5
  • Entry Level: 2
  • Transaction Broker: 2.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 131.25
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 168
  • Bathroom 1 Area: 40
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Wood, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 115.5
  • Room Living Room Level: Second
  • Room Living Room Area: 195
  • Room Living Room Features: Flooring - Wood
  • Basement: N
  • Accessibility Features: No
  • Living Area: 902
  • Stories Total: 2
  • MAIN LO: AN3616
  • LIST PRICE PER Sq Ft: 376.83
  • PRICE PER Sq Ft: 399.11
  • MAIN SO: AN2757

Exterior Features

  • Exterior Features: Balcony - Exterior
  • Common Walls: End Unit, Corner
  • Construction Materials: Brick
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 377
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails
  • Senior Community YN: No
  • UNIT BUILDING: F6
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:000018 B:0073 P:0000F6,3441564
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 101
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3488
  • Tax Book Number: 115

Multi Family

  • Number Of Units Total: 36
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2011
Sold by
Maloney Michael R
Bought by
Michaels Margaret A
Total Days on Market
4
Current Estimated Value
$403,612

Purchase Details

Closed on
Sep 15, 1997
Sold by
Nearing Debra A
Bought by
Maloney Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Michaels Margaret A $129,208 --
Maloney Michael R $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Patrick R $320,400
Previous Owner Maloney Michael Rand $128,000
Previous Owner Maloney Michael R $115,000
Previous Owner Langan David P $87,000
Previous Owner Langan David P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $360,000 +5.9% $399 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $339,900 -- $377 / 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 $3,997 $352,200 $0 $352,200
2024 $3,962 $352,200 $0 $352,200
2023 $4,018 $342,500 $0 $342,500
2022 $3,488 $283,100 $0 $283,100
2021 $3,559 $279,600 $0 $279,600
2020 $3,282 $257,000 $0 $257,000
2019 $2,893 $225,500 $0 $225,500
2018 $2,483 $191,700 $0 $191,700
2017 $2,424 $186,000 $0 $186,000
2016 $2,216 $164,300 $0 $164,300
2015 $2,138 $158,600 $0 $158,600
2014 $2,027 $158,600 $0 $158,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73042200

MLS Property Information Network (MLS PIN)

APN: WAKE-000018-000073-000000-F000006