56 Chestnut St Unit 3 Wakefield, MA 01880
West Side NeighborhoodEstimated Value: $263,000 - $394,000
1
Bed
1
Bath
725
Sq Ft
1885
Built
Highlights
- Wood Flooring
- Laundry Facilities
- 3-minute walk to Wakefield
About This Home
As of December 2020Why rent when you can own!!! You can own this three room condo for less than the cost of renting in a fabulous location in the heart of Wakefield. It features a spacious eat-in kitchen with gas cooking, living room and bedroom with hardwood flooring and a full bath. Enjoy the outdoor deck overlooking the backyard with in-ground pool for summer fun. Located a short distance to the train station, shops, restaurants and all that intown living has to offer!!! Bring your decorating ideas and make this your own. Plenty of room for storage in the basement. One car parking in the back.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,248
Year Built
- Built in 1885
Schools
- Wakefield High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Range
- Wood Flooring
- Year Round Access
- Basement
Community Details
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2020
Closed on
Dec 10, 2020
Sold by
Huard Scott D Est
Bought by
Waring Susan
Seller's Agent
Stakem Team
Leading Edge Real Estate
Buyer's Agent
Connie Aliberti
Barrett Sotheby's International Realty
List Price
$225,000
Sold Price
$206,000
Premium/Discount to List
-$19,000
-8.44%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,237
Avg. Annual Appreciation
13.21%
Original Mortgage
$164,800
Outstanding Balance
$148,642
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,219
Purchase Details
Closed on
Sep 27, 2007
Sold by
Hayes Susan M
Bought by
Huard Scott D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 1998
Sold by
Gallagher Mary
Bought by
Gagne Julie and Glennon Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 1988
Sold by
Northeast Equities
Bought by
Gallagher Mary B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
10.36%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waring Susan | $206,000 | None Available | |
| Huard Scott D | $170,000 | -- | |
| Gagne Julie | $91,000 | -- | |
| Gallagher Mary B | $104,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waring Susan | $164,800 | |
| Previous Owner | Huard Scott | $126,000 | |
| Previous Owner | Gallagher Mary B | $136,300 | |
| Previous Owner | Huard Scott D | $136,000 | |
| Previous Owner | Gallagher Mary B | $86,450 | |
| Previous Owner | Gallagher Mary B | $93,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $206,000 | -8.4% | $284 / Sq Ft |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | For Sale | $225,000 | -- | $310 / 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 | $3,248 | $286,200 | $0 | $286,200 |
| 2024 | $3,069 | $272,800 | $0 | $272,800 |
| 2023 | $3,042 | $259,300 | $0 | $259,300 |
| 2022 | $2,721 | $220,900 | $0 | $220,900 |
| 2021 | $2,621 | $205,900 | $0 | $205,900 |
| 2020 | $2,629 | $205,900 | $0 | $205,900 |
| 2019 | $2,418 | $188,500 | $0 | $188,500 |
| 2018 | $2,179 | $168,300 | $0 | $168,300 |
| 2017 | $1,958 | $150,300 | $0 | $150,300 |
| 2016 | $1,883 | $139,600 | $0 | $139,600 |
| 2015 | $1,882 | $139,600 | $0 | $139,600 |
| 2014 | $1,715 | $134,200 | $0 | $134,200 |
Source: Public Records
Agents Affiliated with this Home
-
Stakem Team
S
Seller's Agent in 2020
Stakem Team
Leading Edge Real Estate
(781) 944-6060
5 in this area
107 Total Sales
-
Elizabeth Stakem
E
Seller Co-Listing Agent in 2020
Elizabeth Stakem
Leading Edge Real Estate
2 in this area
38 Total Sales
-
C
Buyer's Agent in 2020
Connie Aliberti
Barrett Sotheby's International Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72746234
APN: WAKE-000012-000217-000913
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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