NOT LISTED FOR SALE

Estimated Value: $1,011,000 - $1,202,000

7 Beds
5.5 Baths
4,448 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $950,000 $214 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,051/month

66 Days on Market

Highlights

  • 0.98 Acre Lot
  • Property is near public transit
  • Patio
  • Deck
  • 3 Fireplaces
  • Laundry Room

About This Home

As of March 2023

WELCOME to this Three-Family Estate built on a .98 acre lot in Wakefield, Massachusetts. The Interior Photos here showcase just one of these Fine Apartment Homes: a Two-Story Townhouse featuring Wide Pine Hardwood Floors, Updated Full Kitchen with Stainless Steel Appliances, Gas Fireplace, In-unit Laundry, Three-Season Porch, Private Patio, and Second-Floor Deck overlooking the Backyard. The Property includes a Detached Three-Car Garage, Off-Street Parking, Numerous Sheds, Patios, and Decks, and a Separate Structure with a Second-Floor Office Space that has Backyard and Tree Views. Located off I-95 with No Traffic Lights to the Front-Door. Nearby Main Street and Market Street in Lynnfield, Wakefield Center, and much more. This entire Three-Family Home is a Must-See. The Location is a Must-Have. Live-in, Rent-out, or All of the above.

Last Agent to Sell the Property

Justin Haggerty

Coldwell Banker Realty - Lynnfield License #175505330 Listed on: 11/08/2022

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

John Magazzu

RE/MAX Renaissance Inc.

RE/MAX Renaissance Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,542

Year Built

  • Built in 1860

Lot Details

  • 0.98

Parking

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

Home Design

  • Brick Foundation
  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,448 Sq Ft Home
  • Property has 2 Levels
  • 3 Fireplaces
  • Storage
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Additional Features

  • 0.98 Acre Lot
  • Property is near public transit

Community Details

  • 3 Units
  • Shops
  • Net Operating Income $54,600

Listing and Financial Details

  • Total Actual Rent $4,550
  • Assessor Parcel Number M:00014C B:0115 P:000012,823411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,542

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1860
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Storage
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bathrooms: 5.5
  • Laundry Features: Laundry Room
  • Basement: Unfinished
  • Living Area: 4448
  • Stories Total: 4
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 303.51
  • PRICE PER Sq Ft: 213.58
  • MAIN SO: AN2612

Exterior Features

  • Exterior Features: Storage
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Patio
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access

Lot Info

  • Parcel Number: M:00014C B:0115 P:000012,823411
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.98
  • Lot Size Area: 0.98
  • Lot Size Sq Ft: 42602
  • Lot Size Units: Acres
  • PAGE: 284
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12542
  • Tax Book Number: 56810

Multi Family

  • Gross Income: 54600
  • Net Operating Income: 54600
  • Number Of Units Total: 3
  • Total Actual Rent: 4550
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Deangelis David and Sordillo Frances
Bought by
356 Vernon St Llc
Current Estimated Value
$1,096,636

Purchase Details

Closed on
May 3, 2011
Sold by
Obrien Joseph C and Sanford-Obrien Dale J
Bought by
Sanford-Obrien

Purchase Details

Closed on
Sep 22, 1989
Sold by
Serino Anthony
Bought by
Sanford Dale J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,100
Interest Rate
9.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
356 Vernon St Llc -- None Available
356 Vernon St Llc -- None Available
Sanford-Obrien -- --
J & D Rt -- --
Sanford Dale J $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deangelis David $585,000
Previous Owner Deangelis David $400,000
Previous Owner Deangelis David $100,000
Previous Owner Sanford-Obrien Dale J $201,000
Previous Owner Sanford Dale J $184,000
Previous Owner Sanford Dale J $189,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $950,000 -29.6% $214 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $1,350,000 -9.4% $304 / Sq Ft
12/02/2022 12/02/22 For Sale $1,490,000 +56.8% $335 / Sq Ft
11/30/2022 11/30/22 Off Market $950,000 -- --
11/08/2022 11/08/22 For Sale $1,490,000 -- $335 / 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 $12,569 $1,107,400 $425,000 $682,400
2024 $12,971 $1,153,000 $405,000 $748,000
2023 $13,005 $1,108,700 $389,300 $719,400
2022 $12,542 $1,018,000 $357,100 $660,900
2021 $11,101 $872,000 $316,000 $556,000
2020 $10,584 $828,800 $300,300 $528,500
2019 $10,263 $799,900 $289,800 $510,100
2018 $9,895 $764,100 $276,800 $487,300
2017 $9,392 $720,800 $261,100 $459,700
2016 $8,224 $609,600 $234,100 $375,500
2015 $8,062 $598,100 $229,600 $368,500
2014 $7,495 $586,500 $225,100 $361,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73056313

MLS Property Information Network (MLS PIN)

APN: WAKE-000014C-000115-000012