$480,000
SOLD AUG 16, 2013

5-7 3rd St Wakefield, MA 01880

Montrose Neighborhood
6 Beds
4 Baths
2,592 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

7% Above List Price

28 Days on Market

About This Home

As of December 2015

Looking for a GREAT location?! DON'T MISS OUT on this fantastic opportunity to own a SIZABLE two unit TOWN HOUSE STYLE multi-family in WAKEFIELD!!! With 2500 SF of living area BOTH units feature nice OPEN FLOOR plans with 2 LEVEL LIVING and ENORMOUS separate BASEMENT AREAS! This prestinly maintained home was built in 1990 and has a perfectly manicured backyard you can over look on your PERSONAL DECK that is lead out by SLIDING GLASS DOORS off the living room! MAKE WAKEFIELD YOUR HOME TODAY!

Last Agent to Sell the Property

Erica Covelle

Compass Listed on: 06/19/2013

Compass

Last Buyer's Agent

Michael Cohen

Compass

Compass

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,230

Year Built

1989

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Walk Out, Interior Access, Bulkhead, Sump Pump, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Gutters, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:000030 B:0079 P:00A48E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Rebelo Dionisio A and Rebelo Maria E
Bought by
5-7 Third Street T
Current Estimated Value
$1,000,383

Purchase Details

Closed on
Sep 30, 1997
Sold by
Skakoon James G
Bought by
Dergarabedian Daniel and Dergarabedian Cormier-Dergarabedia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1990
Sold by
Better Home Rt-Wake
Bought by
Nvhs Management Servic
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $245,000 --
Deed $301,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $483,405 VA
Previous Owner $490,320 VA
Previous Owner $297,000 No Value Available
Previous Owner $196,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $598,500 -0.2% $231 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $599,900 +25.0% $231 / Sq Ft
08/16/2013 08/16/13 Sold $480,000 +6.7% $185 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $449,900 -- $174 / 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 $11,230 $989,400 $366,200 $623,200
2024 $11,067 $983,700 $364,100 $619,600
2023 $10,523 $897,100 $332,000 $565,100
2022 $10,068 $817,200 $302,400 $514,800
2021 $9,549 $750,100 $281,900 $468,200
2020 $8,954 $701,200 $263,500 $437,700
2019 $8,555 $666,800 $250,600 $416,200
2018 $7,964 $615,000 $231,100 $383,900
2017 $7,490 $574,800 $216,000 $358,800
2016 $6,645 $492,600 $204,300 $288,300
2015 $6,206 $460,400 $190,900 $269,500
2014 $5,230 $409,200 $183,600 $225,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Cohen

    Seller's Agent in 2015

    Michael Cohen

    Compass

    (617) 852-1160

    55 Total Sales

    Section Image
  • Joe Freitas

    Buyer's Agent in 2015

    Joe Freitas

    Coldwell Banker Realty - Andovers/Readings Regional

    (978) 790-6826

    24 Total Sales

    Section Image
  • Erica Covelle

    Seller's Agent in 2013

    Erica Covelle

    Compass

    (617) 962-1591

    4 in this area

    179 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71544291

MLS Property Information Network (MLS PIN)

APN: WAKE-000030-000079-A000000-000048E

Massachusetts Middlesex County Wakefield 01880 Montrose

5-7 3rd St, Wakefield, MA

This home is located at 5-7 3rd St, Wakefield, MA 01880 and is currently priced at $480,000, approximately $185 per square foot. This property was built in 1989. 5-7 3rd St is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, St Joseph School, and Odyssey Day School.

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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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