Seller's Agent in 2021
Gene Mullen
Coldwell Banker Realty - Lynnfield
(781) 640-2363
1 in this area
8 Total Sales
34 Richardson St Wakefield, MA 01880
East Side NeighborhoodEstimated Value: $942,000 - $981,000
5
Beds
3
Baths
2,686
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Shops
- Heating Available
- Cooling Available
About This Home
As of August 2021Prime investment opportunity so close to downtown Wakefield. This impressive multi-family has been professionally maintained and has a strong rental history. The first floor unit is impressive with high ceilings, hardwood flooring, updated kitchen and new energy efficient heating system. An ideal owner/occupant unit or a solid rental that commands top rental rates. The large second floor unit is under lease with a long term tenant and offers immediate steady rental income to the new owner. The 3rd floor functions as an additional accessory unit with 2 large rooms, 3/4 bath and central air. All utilities have been serviced regularly, roof is approx. 7 years old and windows have all be updated along with insulation. Located just up the street from the Galvin Middle School and Downtown Wakefield, puts you in walking distance to local schools, restaurants and shops.
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 06/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,560
Year Built
- Built in 1910
Lot Details
- 5,663 Sq Ft Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,686 Sq Ft Home
- Insulated Windows
- Basement Fills Entire Space Under The House
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Galvin Elementary School
- WMHS High School
Utilities
- Cooling Available
- 1 Cooling Zone
- 3 Heating Zones
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,550
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 818696
Community Details
Overview
- 2 Units
- Property has 1 Level
Additional Features
- Shops
- Net Operating Income $54,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2006
Sold by
Ciampa Evelyn
Bought by
Ciampa Joseph and Ciampa Michael
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ciampa Joseph | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $790,000 | +1.9% | $294 / Sq Ft |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | $775,000 | 0.0% | $289 / Sq Ft |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $775,000 | -- | $289 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,066 | $798,800 | $342,100 | $456,700 |
| 2024 | $8,935 | $794,200 | $340,100 | $454,100 |
| 2023 | $9,182 | $782,800 | $310,200 | $472,600 |
| 2022 | $9,111 | $739,500 | $282,500 | $457,000 |
| 2021 | $8,560 | $672,400 | $263,300 | $409,100 |
| 2020 | $8,028 | $628,700 | $246,200 | $382,500 |
| 2019 | $7,670 | $597,800 | $234,100 | $363,700 |
| 2018 | $1,033 | $551,400 | $215,900 | $335,500 |
| 2017 | $6,714 | $515,300 | $201,800 | $313,500 |
| 2016 | $6,272 | $464,900 | $190,900 | $274,000 |
| 2015 | $5,856 | $434,400 | $178,400 | $256,000 |
| 2014 | $5,338 | $417,700 | $171,500 | $246,200 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Mullen
-
Scott Lutz
S
Buyer's Agent in 2021
Scott Lutz
Keller Williams Realty
(781) 449-1400
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72855032
APN: WAKE-000018-000058-000041
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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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