40 Elm St Wakefield, MA 01880
West Side NeighborhoodEstimated payment $6,904/month
Total Views
289
6
Beds
3.5
Baths
4,157
Sq Ft
$259
Price per Sq Ft
Highlights
- Medical Services
- Property is near public transit
- Corner Lot
- Deck
- Wood Flooring
- Solid Surface Countertops
About This Home
Versatile with charm and modern updates! This stunning 2-family home is ideal for multi-generational living or rental income. 3 levels of living space! Full renovation of first two levels in 2001 and 3rd level in 2021. First unit has single-level living with a spacious eat-in kitchen, dining room, living room, 2 bedrooms (one bedroom currently used as a large pantry/laundry), and full bath. Second unit spans levels 2 & 3 with a bright kitchen, granite island, new appliances, dining/living area, 3 bedrooms, full bath with jacuzzi & walk-in shower, 3rd level with huge family room, bedroom, bonus room & 1/2 bath. Farmer’s porch, side deck, and basement with bathroom and potential for more finished space. Large corner lot with pull thru driveway, patio, firepit, basketball court, two sheds, and fenced yard. Near Lake Quannapowitt recreation, downtown restaurants, commuter rail to Boston, and Walton School! Home is pre-inspected. Open houses Thurs 5/15 4-6pm, Sat & Sun 1-3pm or by app
Open House Schedule
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Thursday, May 15, 20254:00 to 6:00 pm5/15/2025 4:00:00 PM +00:005/15/2025 6:00:00 PM +00:00Versatile with charm and modern updates, this 2-family home is ideal for multi-generational living or rental income.Add to Calendar
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Saturday, May 17, 20251:00 to 3:00 pm5/17/2025 1:00:00 PM +00:005/17/2025 3:00:00 PM +00:00Versatile with charm and modern updates, this 2-family home is ideal for multi-generational living or rental income.Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,332
Year Built
- Built in 1880
Lot Details
- 9,931 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 4,157 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Parking
- 10 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 4EE / 012
- Assessor Parcel Number 816740
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,332 | $998,400 | $389,900 | $608,500 |
| 2024 | $10,901 | $969,000 | $378,400 | $590,600 |
| 2023 | $10,527 | $897,400 | $350,400 | $547,000 |
| 2022 | $10,052 | $815,900 | $318,500 | $497,400 |
| 2021 | $9,074 | $712,800 | $295,900 | $416,900 |
| 2020 | $8,726 | $683,300 | $283,700 | $399,600 |
| 2019 | $8,465 | $659,800 | $273,900 | $385,900 |
| 2018 | $9,456 | $618,600 | $256,800 | $361,800 |
| 2017 | $7,676 | $589,100 | $244,600 | $344,500 |
| 2016 | $6,986 | $517,900 | $226,100 | $291,800 |
| 2015 | $6,527 | $484,200 | $211,300 | $272,900 |
| 2014 | $5,998 | $469,300 | $204,800 | $264,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | For Sale | $1,075,000 | -- | $259 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,000 | No Value Available | |
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $130,000 | No Value Available |
Source: Public Records
Similar Homes in Wakefield, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373967
APN: WAKE-000011-000012-000004EE
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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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