R
Seller's Agent in 2019
Robert Chilton
Barry Realty Group
(617) 429-7380
9 Total Sales
340 Main St Wakefield, MA 01880
Downtown Wakefield NeighborhoodEstimated Value: $1,195,153
3
Beds
5
Baths
3,719
Sq Ft
$321/Sq Ft
Est. Value
About This Home
As of October 2019Investors. Please look at the income on this mixed use property. Excellent downtown location on Main Street across from the Wakefield library and post office. Two well appointed apartments with a pizza restaurant located on the first floor. This has been a pizza location since the 1960's. Located .4 miles to Lake Quannapowitt, 1.5 miles to 128, .8 miles to the Wakefield commuter rail station and 12.5 miles to Boston. Expenses and commercial lease information available upon request. Restaurant tenant pays 33% of taxes/insurance, and pays 50% of water/sewer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 1,742
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Tile
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2019
Closed on
Nov 6, 2019
Sold by
Dalfonso Augusto and Dalfonso Tina
Bought by
G & T Main Street Llc
Seller's Agent
Robert Chilton
Barry Realty Group
Buyer's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
List Price
$894,900
Sold Price
$800,000
Premium/Discount to List
-$94,900
-10.6%
Total Days on Market
50
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
$395,153
Avg. Annual Appreciation
7.70%
Original Mortgage
$540,000
Outstanding Balance
$482,045
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$727,123
Purchase Details
Closed on
May 25, 2017
Sold by
Caruso Peter
Bought by
Della Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 3, 2012
Sold by
Caruso Peter
Bought by
340 Main Street Rt and Caruso
Purchase Details
Closed on
Dec 22, 1978
Bought by
340 Main St Rt
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| G & T Main Street Llc | -- | -- | |
| Della Realty Llc | -- | -- | |
| Caruso Ralph | -- | -- | |
| 340 Main Street Rt | -- | -- | |
| 340 Main St Rt | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalfonso Augusto | $540,000 | |
| Previous Owner | Frattaroli Michelle J | $35,000 | |
| Previous Owner | Frattaroli Michelle J | $397,500 | |
| Previous Owner | Caruso Peter | $310,000 | |
| Previous Owner | 340 Main St Rt | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $800,000 | -8.6% | $215 / Sq Ft |
| 09/09/2019 09/09/19 | Pending | -- | -- | -- |
| 08/22/2019 08/22/19 | Price Changed | $874,900 | -2.2% | $235 / Sq Ft |
| 07/21/2019 07/21/19 | For Sale | $894,900 | -- | $241 / 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 | -- | $731,200 | $125,700 | $605,500 |
| 2024 | -- | $814,500 | $120,800 | $693,700 |
| 2023 | $0 | $694,300 | $103,000 | $591,300 |
| 2022 | $0 | $575,200 | $99,000 | $476,200 |
| 2021 | $0 | $546,300 | $96,100 | $450,200 |
| 2020 | $7,886 | $357,200 | $96,100 | $261,100 |
| 2019 | $7,650 | $346,800 | $93,300 | $253,500 |
| 2018 | $0 | $332,700 | $91,200 | $241,500 |
| 2017 | -- | $321,400 | $88,100 | $233,300 |
| 2016 | -- | $305,600 | $83,900 | $221,700 |
| 2015 | -- | $305,600 | $83,900 | $221,700 |
| 2014 | -- | $305,600 | $83,900 | $221,700 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Chilton
-
C
Buyer's Agent in 2019
Chinatti Realty Group
Chinatti Realty Group, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72537774
APN: WAKE-000017-000091-000087B
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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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