5 Preston St Wakefield, MA 01880
Montrose Neighborhood
3
Beds
2
Baths
1,300
Sq Ft
0.34
Acres
Highlights
- Medical Services
- Property is near public transit
- Wood Flooring
- Deck
- Ranch Style House
- Bonus Room
About This Home
As of November 2024Nestled on a desirable corner lot in Wakefield, this well-maintained ranch offers a comfortable and convenient lifestyle. The home features three bedrooms, two full baths, and a cozy living room complete with a fireplace. Recent upgrades include a brand-new gas furnace and an updated 200-amp electrical system, ensuring modern efficiency. The spacious basement with kitchenette provides a versatile bonus room, ideal for a family room or additional living space for extended family, along with a full bath. The generously sized, level lot is perfect for outdoor activities, and the location offers excellent access to Wakefield Center, major highways, and the commuter rail station.
Last Agent to Sell the Property
Jessica Allen
Aluxety Listed on: 10/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,467
Year Built
- Built in 1961
Lot Details
- 0.34 Acre Lot
- Fenced Yard
- Corner Lot
- Level Lot
- Property is zoned SR
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Parking Storage or Cabinetry
- Side Facing Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Ranch Style House
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,300 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Living Room with Fireplace
- Dining Area
- Bonus Room
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
Outdoor Features
- Deck
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Dolbeare Elementary School
- Galvin Middle School
- Wakefield High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 821162
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2007
Sold by
Burne Frances L
Bought by
5 Preston Street Nt
Current Estimated Value
Purchase Details
Closed on
Jul 24, 2003
Sold by
Lopresti Louis D and Downey Patricia M
Bought by
Burns Frances and Burns Robert
Similar Homes in Wakefield, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $323,000 | -- | |
| Deed | -- | -- | |
| Deed | $323,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $585,000 | Purchase Money Mortgage | |
| Closed | $585,000 | Purchase Money Mortgage | |
| Closed | $45,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $321,247 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $670,000 | +4.9% | $515 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $639,000 | -- | $492 / 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 | $6,589 | $580,500 | $366,100 | $214,400 |
| 2024 | $6,467 | $574,800 | $362,500 | $212,300 |
| 2023 | $6,125 | $522,200 | $329,200 | $193,000 |
| 2022 | $5,905 | $479,300 | $302,100 | $177,200 |
| 2021 | $5,535 | $434,800 | $273,300 | $161,500 |
| 2020 | $5,306 | $415,500 | $261,200 | $154,300 |
| 2019 | $5,031 | $392,100 | $246,500 | $145,600 |
| 2018 | $4,777 | $368,900 | $231,900 | $137,000 |
| 2017 | $4,645 | $356,500 | $224,100 | $132,400 |
| 2016 | $4,668 | $346,000 | $220,500 | $125,500 |
| 2015 | $4,447 | $329,900 | $210,200 | $119,700 |
| 2014 | $4,134 | $323,500 | $206,100 | $117,400 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jessica Allen
Aluxety
-
Jack Lister
Buyer's Agent in 2024
Jack Lister
Berkshire Hathaway HomeServices Verani Realty
(617) 438-2460
1 in this area
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73302978
APN: WAKE-000029-000125-000016
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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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