507 Lowell St Wakefield, MA 01880
Montrose Neighborhood
4
Beds
1.5
Baths
1,925
Sq Ft
0.32
Acres
Highlights
- Cape Cod Architecture
- No HOA
- Separate Outdoor Workshop
- Wood Flooring
- Home Office
- 1 Car Detached Garage
About This Home
As of May 2025Welcome to your lovingly maintained & charming 3+BR cape style home. 1st fl offers a kitchen leading to sizable & sunny DR & back to front LR, which creates the perfect entertaining spaces. Step down from fireplaced LR to a family room. Den/office or 4th BR and 1/2 bath round out the 1st floor. Second floor features 3 BRs (one is a walk through) with abundant closet spaces and full bath. HW floors are found thru out w/exception of kitchen/main foyer & baths. This home boasts a large level backyard that has been well maintained & is ideal for hosting outdoor activities & gatherings. One car detached garage, parking for 6+ cars. Spacious basement for all your storage needs, incl/workshop & potential to add more living area. Water filtration system, new H20 heater & 200 amp electric. Easy access to 3 major highways, close proximity to vibrant downtown Wakefield, Lake Quannapowitt, and Breakheart reservation. Fantastic home to put down your roots!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,131
Year Built
- Built in 1950
Lot Details
- 0.32 Acre Lot
- Property is zoned SR
Parking
- 1 Car Detached Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Concrete Perimeter Foundation
Interior Spaces
- 1,925 Sq Ft Home
- Chair Railings
- Bay Window
- Picture Window
- Entrance Foyer
- Living Room with Fireplace
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Patio
- Separate Outdoor Workshop
Location
- Property is near schools
Schools
- Dolbeare Elementary School
- Galvin Middle School
- WHS High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:000037 B:0058 P:000A1B,822385
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
May 22, 2025
Sold by
Indeck Dorothy and Indeck Harvey
Bought by
Huggins Noah and Clark Madeline
Seller's Agent
Gina Jones
Barrett, Chris. J., REALTORS®
Buyer's Agent
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
List Price
$849,900
Sold Price
$875,000
Premium/Discount to List
$25,100
2.95%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.00%
Original Mortgage
$688,800
Outstanding Balance
$688,192
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,624
Purchase Details
Closed on
Nov 2, 1984
Bought by
Indeck Harvey and Indeck Dorothy
Similar Homes in Wakefield, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $875,000 | None Available | |
| Deed | $875,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $688,800 | Purchase Money Mortgage | |
| Closed | $688,800 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $875,000 | +3.0% | $455 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $849,900 | -- | $442 / 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 | $8,131 | $716,400 | $401,300 | $315,100 |
| 2024 | $7,684 | $683,000 | $382,400 | $300,600 |
| 2023 | $7,703 | $656,700 | $367,600 | $289,100 |
| 2022 | $7,428 | $602,900 | $337,200 | $265,700 |
| 2021 | $6,744 | $529,800 | $291,900 | $237,900 |
| 2020 | $6,430 | $503,500 | $277,400 | $226,100 |
| 2019 | $6,237 | $486,100 | $267,800 | $218,300 |
| 2018 | $6,010 | $464,100 | $255,700 | $208,400 |
| 2017 | $5,706 | $437,900 | $241,200 | $196,700 |
| 2016 | $5,217 | $386,700 | $213,400 | $173,300 |
| 2015 | $5,114 | $379,400 | $209,300 | $170,100 |
| 2014 | $4,754 | $372,000 | $205,200 | $166,800 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
Gina Jones
Barrett, Chris. J., REALTORS®
-
E
Buyer's Agent in 2025
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73344528
APN: WAKE-000037-000058-A000000-000001B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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