Seller's Agent in 2022
Chris Barrett
Barrett, Chris. J., REALTORS®
(800) 240-5011
5 in this area
100 Total Sales
306 Main St Wakefield, MA 01880
Downtown Wakefield NeighborhoodEstimated Value: $1,312,972
4
Beds
4.5
Baths
3,542
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Medical Services
- Corner Lot
- Jogging Path
- Property is near public transit and schools
- Tennis Courts
- 3-minute walk to Wakefield Common Park
About This Home
As of March 2022Thriving building set in an amazing downtown Wakefield location. Business zoned multi unit mixed use building. Features 4 1 bedroom apartments and a 900 + -S/F 1st floor retail space currently in use as an antique shop. All residential units have individual electric appliances and heat. The retail space is FHW by gas. There is parking for approximately 5 cars.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,074
Year Built
- Built in 1880
Lot Details
- 5,227 Sq Ft Lot
- Corner Lot
- Irregular Lot
- Gentle Sloping Lot
Home Design
- Quadruplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,542 Sq Ft Home
- Property has 1 Level
- Insulated Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 6 Car Parking Spaces
- Common or Shared Parking
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 5 Heating Zones
- Heating Available
- Separate Meters
- Gas Water Heater
Additional Features
- Bulkhead
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $6,047
- Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
- Assessor Parcel Number M:000017 B:0085 P:00084B,818418
Community Details
Overview
- 5 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $60
- Insurance Expense $2,205
- Water Sewer Expense $4,500
- Operating Expense $7,665
- Net Operating Income $64,899
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2022
Closed on
Mar 30, 2022
Sold by
Gmb Rt and Swansburg
Bought by
306 Main Street Llc
Seller's Agent
Chris Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Rachel Gallant
Century 21 North East
List Price
$1,095,000
Sold Price
$1,140,000
Premium/Discount to List
$45,000
4.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,972
Avg. Annual Appreciation
3.70%
Original Mortgage
$912,000
Outstanding Balance
$845,958
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$467,014
Purchase Details
Closed on
May 23, 1988
Sold by
Scott Rt
Bought by
Swansburg Donald E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
10.13%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 306 Main Street Llc | $1,140,000 | None Available | |
| Swansburg Donald E | $283,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 306 Main Street Llc | $912,000 | |
| Previous Owner | Swansburg Donald E | $226,000 | |
| Previous Owner | Swansburg Donald E | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $1,140,000 | +4.1% | $322 / Sq Ft |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- |
| 01/04/2022 01/04/22 | For Sale | $1,095,000 | -- | $309 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | -- | $1,074,800 | $450,800 | $624,000 |
| 2024 | -- | $1,064,200 | $446,300 | $617,900 |
| 2023 | $0 | $966,600 | $405,400 | $561,200 |
| 2022 | $0 | $578,800 | $248,000 | $330,800 |
| 2021 | $0 | $555,700 | $223,800 | $331,900 |
| 2020 | $7,490 | $531,100 | $213,900 | $317,200 |
| 2019 | $0 | $501,100 | $201,800 | $299,300 |
| 2018 | $0 | $460,000 | $189,900 | $270,100 |
| 2017 | -- | $444,500 | $183,500 | $261,000 |
| 2016 | -- | $447,800 | $180,400 | $267,400 |
| 2015 | -- | $426,900 | $172,000 | $254,900 |
| 2014 | -- | $418,500 | $168,600 | $249,900 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Barrett
-
Rachel Gallant
R
Buyer's Agent in 2022
Rachel Gallant
Century 21 North East
(617) 840-7696
1 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72930983
APN: WAKE-000017-000085-000084B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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