NOT LISTED FOR SALE

525 Salem St Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $2,197,339

0.66 Acre
$3,329,302 Price per Acre
28,750 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $1,400,000

Est. 57% increase in value since last sale

Current estimated payment $12,763/month

67 Days on Market

About This Lot

As of March 2020

Attention developers, Business zoned parcel with ample frontage near the major routes. Bring your ideas, ideal location near Market Street and all of the shops and restaurants. Neighboring sites include both commercial and residential multy family development. Great location for your business near the 95 exit. Buyers responsible for any and all permitting. The Sellers and their agents make no representations as to the permitted use. Buyers to do their own diligence. See the zoning map.

Last Agent to Sell the Property

Michael Barrett

Barrett, Chris. J., REALTORS® Listed on: 10/17/2019

Last Buyer's Agent

Michael Barrett

Barrett, Chris. J., REALTORS® Listed on: 10/17/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,358

Lot Details

Listing and Financial Details

  • Assessor Parcel Number M:000041 B:0027 P:000027

Property Details

Property Type

Land

Est. Annual Taxes

$13,358

Lot Details

0

Listing Details

  • Property Type: Land
  • Other Agent: 2.00
  • Comp Based On: Net Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: B50201
  • Main So: B50201

Utilities

  • Sewer: Public, Nearby
  • Water: Nearby
  • Electric Features: Nearby
  • Sewage District: MWRA

Condo/Co-op/Association

  • Amenities: Shopping, Golf Course, Medical Facility, Highway Access

Lot Info

  • Assessments: 554000.00
  • Zoning: See BI
  • Lot: 27A
  • Acre: 0.66
  • Lot Size: 28564.00
  • Land Description: Wooded
  • Lots And Land Type: Commercial
  • Page: 99
  • Zone Usage: General Business
  • Parcel Number: M:000041 B:0027 P:000027

Tax Info

  • Taxes: 7107.00
  • Assessor Parcel Number: 822958

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2005
Sold by
Christine Falangas Nt and Falangas
Bought by
Route 128 Salem St Llc
Current Estimated Value
$2,197,339

Purchase Details

Closed on
Mar 25, 2004
Sold by
Falangas Christine
Bought by
Christine Falangas Nt and Falangas
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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 Buyer Sale Price Title Company
Route 128 Salem St Llc $1,100,000 --
Route 128 Salem St Llc $1,100,000 --
Christine Falangas Nt -- --
Christine Falangas Nt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $1,400,000 -6.7% --
12/23/2019 12/23/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $1,499,900 -- --
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 $13,358 $613,900 $583,800 $30,100
2024 $14,393 $1,279,400 $1,265,000 $14,400
2023 $14,189 $1,209,600 $1,196,000 $13,600
2022 $17,393 $1,411,800 $1,150,000 $261,800
2021 $7,689 $604,000 $280,300 $323,700
2020 $7,372 $577,300 $267,900 $309,400
2019 $6,987 $544,600 $252,700 $291,900
2018 $6,636 $512,400 $237,800 $274,600
2017 $6,450 $495,000 $229,700 $265,300
2016 $6,169 $457,300 $226,500 $230,800
2015 $5,879 $436,100 $216,000 $220,100
2014 $5,463 $427,500 $211,700 $215,800
Source: Public Records

Agents Affiliated with this Home

  • Michael Barrett

    Seller's Agent in 2020

    Michael Barrett

    Barrett, Chris. J., REALTORS®

    (781) 910-3104

    7 in this area

    88 Total Sales

    Michael Barrett
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72581772

MLS Property Information Network (MLS PIN)

APN: WAKE-000041-000027-000027

Massachusetts Middlesex County Wakefield 01880 Montrose

525 Salem St, Wakefield, MA

This home is located at 525 Salem St, Wakefield, MA 01880 since 17 October 2019 and is currently estimated at $2,197,339. 525 Salem St is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, Odyssey Day School, and Our Lady Of Assumption 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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