NOT LISTED FOR SALE

538-r Salem St Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $742,000 - $880,000

4 Beds
2 Baths
2,508 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $600,000 $239 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,868/month

9 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of December 2022

FIRST O.H. 10/18/22 4PM-6PM. Unique opportunity to own an affordable 4BR/2BA single family home that has plenty of interior living space as well as much sought after exterior features such as detached garage, spacious yard, balconies, & plenty of additional off street pkg. The main entrance brings you to the living room, spacious kitchen overlooking backyard plus 3 bedrooms and full bath. Level 2 consists of a fire-placed (by propane) family room, 4th bedroom, office + 2nd bath and more! Home is set back from the main road giving you much privacy and yet still be in close proximity to highways and one of many popular gathering places such as market Street in adjacent town of Lynnfield. Offers due Wednesday 10/19/22 by 6 PM.

Last Agent to Sell the Property

Maria Buonopane

Century 21 North East Listed on: 10/02/2022

Co-Listed By

Richard Pignone

RE/MAX Platinum

Last Buyer's Agent

Alan Qiu

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,951

Year Built

  • Built in 1956

Lot Details

  • 0.54 Acre Lot
  • Near Conservation Area
  • Property is zoned SR

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,508 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Level Entry For Accessibility
  • Gray Water System

Listing and Financial Details

  • Assessor Parcel Number 823638

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,951

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1956
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oil Water Heater
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Room Family Room Level: Second
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Basement: Full
  • Accessibility Features: Accessible Entrance
  • Living Area: 2508
  • MAIN LO: AC1531
  • LIST PRICE PER Sq Ft: 239.19
  • PRICE PER Sq Ft: 239.23
  • MAIN SO: AN7396

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Parcel Number: 823638
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Sq Ft: 23348
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 585
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Gray Water System

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7951.33
  • Tax Book Number: 652725

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Dec 16, 2022
Sold by
Roberts Anita Louise Est
Bought by
Bernard Jocelane L
Seller's Agent
Maria Buonopane
Century 21 North East
Buyer's Agent
Alan Qiu
Coldwell Banker Realty - Newton
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
73
Current Estimated Value
$809,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,557
Avg. Annual Appreciation
11.33%
Original Mortgage
$460,000
Outstanding Balance
$446,197
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$363,360

Purchase Details

Closed on
May 4, 2015
Sold by
Anitria Roberts Irt
Bought by
Roberts Anita

Purchase Details

Closed on
Jul 25, 2007
Sold by
Parziale Linn A
Bought by
Anita Roberts Irt

Purchase Details

Closed on
Aug 9, 2005
Sold by
Whitford Leonard G
Bought by
Hill Joseph William

Purchase Details

Closed on
Jul 7, 2000
Sold by
Whitford Leonard G
Bought by
Parziale Linn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bernard Jocelane L $600,000 None Available
Roberts Anita -- --
Anita Roberts Irt $462,500 --
Hill Joseph William $30,000 --
Parziale Linn A $217,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Jocelane L $460,000
Previous Owner Parziale Linn A $173,920
Previous Owner Parziale Linn A $173,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $600,000 0.0% $239 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $599,900 -- $239 / 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 $6,908 $608,600 $268,600 $340,000
2024 $6,780 $602,700 $266,000 $336,700
2023 $8,245 $702,900 $271,800 $431,100
2022 $7,951 $645,400 $249,300 $396,100
2021 $7,606 $597,500 $227,100 $370,400
2020 $7,293 $571,100 $217,100 $354,000
2019 $6,913 $538,800 $204,800 $334,000
2018 $6,564 $506,900 $192,700 $314,200
2017 $6,382 $489,800 $186,200 $303,600
2016 $6,069 $449,900 $183,600 $266,300
2015 $5,786 $429,200 $175,000 $254,200
2014 -- $420,900 $171,600 $249,300
Source: Public Records

Agents Affiliated with this Home

  • Maria Buonopane

    Seller's Agent in 2022

    Maria Buonopane

    Century 21 North East

    (800) 962-2100

    1 in this area

    18 Total Sales

    Maria Buonopane
    Section Image
  • Richard Pignone

    Seller Co-Listing Agent in 2022

    Richard Pignone

    RE/MAX

    (781) 799-7060

    1 in this area

    22 Total Sales

    Richard Pignone
    Section Image
  • Alan Qiu

    Buyer's Agent in 2022

    Alan Qiu

    Coldwell Banker Realty - Newton

    (617) 888-2542

    1 in this area

    77 Total Sales

    Alan Qiu
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73043462

MLS Property Information Network (MLS PIN)

APN: WAKE-000039A-000096-000016-A000002

Massachusetts Middlesex County Wakefield 01880 Montrose

538-r Salem St, Wakefield, MA

This home is located at 538-r Salem St, Wakefield, MA 01880 since 02 October 2022 and is currently estimated at $809,557, approximately $322 per square foot. This property was built in 1956. 538-r 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.

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.

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.

Nearby Homes