Seller's Agent in 2026
Bill Butler
Leading Edge Real Estate
(617) 771-9376
1 in this area
104 Total Sales
51 Crescent St Wakefield, MA 01880
Downtown Wakefield Neighborhood
6
Beds
3
Baths
3,278
Sq Ft
3,049
Sq Ft
Highlights
- Golf Course Community
- Deck
- Wood Flooring
- Medical Services
- Property is near public transit and schools
- Attic
About This Home
As of January 2026Location, Location, Location! 3-Family just minutes to downtown, the commuter rail is less than 1/2 mile, shopping, dining and major routes. Bright, spacious units feature high ceilings, nice flow and eat-in kitchens. Current rents are well below market. Updating, all three units will enhance the value of each unit (buyers/agents to verify). Enjoy strong rental demand, low vacancy, 2 off-street parking spaces and separate gas and electric. Four additional attic rooms, accessed from the 2nd-floor unit, offer exciting potential for expanded living space or flexible use (buyers to confirm). All the trees around the property are being removed on 12/5 by the owner for insurance purposes. Heating systems and hot water heaters are approx. 6–10 years old with the exception of unit 51A, the furnace is older. Furnaces are serviced regularly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,120
Year Built
- Built in 1885
Lot Details
- 3,215 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- Property has 1 Level
- Family Room
- Living Room
- Storage
- Range
- Attic
- Partially Finished Basement
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit and schools
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- High Speed Internet
Listing and Financial Details
- Total Actual Rent $2,887
- Rent includes unit 1(water), unit 2(gas water), unit 3(water)
- Assessor Parcel Number 818397
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $18,974
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2025
Closed on
Jan 29, 2026
Sold by
51 Crescent Street Rt and Jones
Bought by
Fodera Peter F and Fodera Kait-Lynn
Seller's Agent
Bill Butler
Leading Edge Real Estate
Buyer's Agent
Peter Fodera
Charlesgate Realty Group LLC
List Price
$999,900
Sold Price
$850,000
Premium/Discount to List
-$149,900
-14.99%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
199.16%
Original Mortgage
$807,500
Outstanding Balance
$807,500
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$120,378
Purchase Details
Closed on
Dec 20, 1991
Sold by
Payne Joan A
Bought by
51 Crescent St Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $850,000 | -- | |
| Deed | $210,000 | -- | |
| Deed | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $807,500 | New Conventional | |
| Previous Owner | $189,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Sold | $850,000 | -10.5% | $259 / Sq Ft |
| 12/05/2025 12/05/25 | Pending | -- | -- | -- |
| 12/04/2025 12/04/25 | Price Changed | $949,500 | -5.0% | $290 / Sq Ft |
| 11/11/2025 11/11/25 | For Sale | $999,900 | -- | $305 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $7,923 | $698,100 | $317,500 | $380,600 |
| 2024 | $7,809 | $694,100 | $315,700 | $378,400 |
| 2023 | $7,425 | $633,000 | $287,900 | $345,100 |
| 2022 | $7,102 | $576,500 | $262,200 | $314,300 |
| 2021 | $6,766 | $531,500 | $244,400 | $287,100 |
| 2020 | $6,345 | $496,900 | $228,500 | $268,400 |
| 2019 | $6,062 | $472,500 | $217,300 | $255,200 |
| 2018 | $5,646 | $436,000 | $200,400 | $235,600 |
| 2017 | $5,310 | $407,500 | $187,300 | $220,200 |
| 2016 | $4,997 | $370,400 | $177,200 | $193,200 |
| 2015 | $4,665 | $346,100 | $165,600 | $180,500 |
| 2014 | $4,253 | $332,800 | $159,200 | $173,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Butler
-
Patricia D Birchem
P
Seller Co-Listing Agent in 2026
Patricia D Birchem
Leading Edge Real Estate
(781) 789-2937
1 in this area
8 Total Sales
-
Peter Fodera
Buyer's Agent in 2026
Peter Fodera
Charlesgate Realty Group LLC
(781) 439-5813
1 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73453708
APN: WAKE-000017-000064-000154
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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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