NOT LISTED FOR SALE

340 Albion St Wakefield, MA 01880

West Side Neighborhood

Estimated Value: $848,357 - $921,000

5 Beds
2 Baths
2,043 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2021

Last sale price $700,000 $343 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,403 / mo

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Property is near golf course, public transit, and schools
  • 2 Fireplaces
  • Jogging Path

About This Home

As of August 2021

Nice Ranch style two family perfect for investors, owner occupants, or in law or blended/ extended family situations. Main Level ranch features fireplaced livingroom, eat in kitchen, 3 Bedrooms and bath. Hardwood flooring, updated vinyl windows, access to newer deck.Lower level apartment features living room/ dining room combo with fireplace, 2 Bedrooms and a kitchen with granite counters and stainless appliances, and full bath. Private entrance from rear. All separate gas heat and electric. Generous sized corner lot with two separate driveways and attached 1 Car garage.. Lower level currently rented for $1400 mo. Located near commuter rail station, Lake Quannapowitt, major highways and MarketStreet Lynnfield. No further showings. Offer deadline has passed.

Last Agent to Sell the Property

Stephen Conroy

Boardwalk Real Estate Listed on: 07/08/2021

Last Buyer's Agent

Ida Fasano

ERA Millennium

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,043 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows
  • Storm Doors
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near golf course, public transit, and schools

Schools

  • Galvin Middle School
  • WMHS High School

Utilities

  • 2 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,400
  • Rent includes unit 2(water)
  • Assessor Parcel Number 816526

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,444

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1950
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile,Carpet,Hardwood
  • Interior Amenities: Unit 2(Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Door Features: Storm Door(s)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Water Heater(Separate Booster), Utility Connections for Electric Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 2043
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: B30601
  • MAIN SO: BB2063

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: 816526
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9588

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6443.93

Multi Family

  • Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 1400
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Wmhs
  • Middle Or Junior School: Galvin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 30, 2021
Sold by
Bought by
Seller's Agent
Stephen Conroy
Boardwalk Real Estate
Buyer's Agent
Ida Fasano
ERA Millennium
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Current Estimated Value
$877,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,339
Avg. Annual Appreciation
4.75%
Original Mortgage
$300,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
0.043%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
0.0636%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1992
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 None Available
-- None Available
-- --
-- --
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Previous Owner $10,000
Previous Owner $180,000
Closed $20,000
Closed $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $700,000 +7.7% $343 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $650,000 -- $318 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,967 $701,900 $341,700 $360,200
2024 $7,819 $695,000 $338,300 $356,700
2023 $7,406 $631,400 $307,300 $324,100
2022 $7,137 $579,300 $281,900 $297,400
2021 $6,444 $506,200 $254,500 $251,700
2020 $6,177 $483,700 $243,200 $240,500
2019 $5,856 $456,400 $229,500 $226,900
2018 $5,561 $429,400 $215,900 $213,500
2017 $5,406 $414,900 $208,600 $206,300
2016 $5,137 $380,800 $205,100 $175,700
2015 $4,893 $363,000 $195,500 $167,500
2014 $4,550 $356,000 $191,700 $164,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Conroy

    Seller's Agent in 2021

    Stephen Conroy

    Boardwalk Real Estate

    (617) 823-4198

    9 in this area

    88 Total Sales

    Stephen Conroy
    Section Image

  • I

    Buyer's Agent in 2021

    Ida Fasano

    ERA Millennium

    (781) 866-1330

    1 in this area

    2 Total Sales

    Ida Fasano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72862257

MLS Property Information Network (MLS PIN)

APN: WAKE-000009-000069-000000-D000002

Massachusetts Middlesex County Wakefield 01880 West Side

340 Albion St, Wakefield, MA

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MLS Property Information Network (MLS PIN) 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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