NOT LISTED FOR SALE

71 Madison Ave Unit 2 Wakefield, MA 01880

Greenwood Neighborhood

Estimated Value: $692,000 - $758,000

3 Beds
2 Baths
1,892 Sq Ft
$209/mo HOA Fee

Last Sold February 24, 2023

Last sale price $635,000 $336 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,873/month

15 Days on Market

Highlights

  • Property is near public transit
  • Stainless Steel Appliances
  • Skylights
  • Wood Flooring
  • 1 Car Detached Garage
  • Enclosed patio or porch

About This Home

As of February 2023

This spacious condo offers beautiful finishes, updates throughout, and an unbeatable location, perfect for commuters! Step into the sunny kitchen with a large peninsula island, custom maple cabinets, recessed & drop lighting, and stainless steel appliances, and a huge walk-in pantry. Hardwood floors throughout lead to a formal dining room, sizable living room, two bedrooms, laundry room, and a large 4-season porch! Head upstairs to the open primary bedroom en-suite with full bath. With space for two home offices, a newer roof (2015), garage and plenty of off-street parking, fenced in yard, new front stairs and walkway, and water proof basement, all that’s left to do is move in!

Last Agent to Sell the Property

Rebecca Koulalis

Redfin Corp. Listed on: 01/13/2023

Redfin Corp.

Last Buyer's Agent

Kristin Moore

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,854

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • Fenced

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Greenwood Elementary School
  • Gavin Middle School
  • Wakefield High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • 100 Amp Service
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:000034 B:0469 P:020+21,822200

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 2 Units

Amenities

  • Common Area

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,854

Year Built

Built in 1928 | Remodeled

Lot Details

0

HOA Fees

$209 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1928
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Disposal,Microwave,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range - ENERGY STAR, Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wood
  • Room Bedroom2 Area: 130
  • Room Bedroom3 Features: Ceiling Fan(s), Closet, Flooring - Wood
  • Room Bedroom3 Area: 99
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Skylight, Closet, Flooring - Wood
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 247
  • Bathroom 1 Area: 45
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Remodeled
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Area: 72
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Remodeled
  • Room Dining Room Features: Flooring - Wood, Lighting - Overhead
  • Room Dining Room Level: Second
  • Room Dining Room Area: 182
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Pantry, Breakfast Bar / Nook, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Room Kitchen Area: 156
  • Laundry Features: Flooring - Wood, Electric Dryer Hookup, Washer Hookup, Second Floor
  • Room Living Room Level: Second
  • Room Living Room Area: 156
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wood
  • Basement: Y
  • Living Area: 1892
  • Stories Total: 2
  • Window Features: Screens
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 343.02
  • PRICE PER Sq Ft: 335.62
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump, Ductless
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 209
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, House of Worship, Public School, University
  • UNIT BUILDING: 2
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: M:000034 B:0469 P:020+21,822200
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6011
  • Lot Size Units: Acres
  • PAGE: 82
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9854
  • Tax Book Number: 63037

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Wakefield Hs
  • Elementary School: Greenwood
  • Middle Or Junior School: Gavin Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 16, 2023
Sold by
71 Madison Nt and Ryan
Bought by
Ryan Steven P and Ryan Patricia N
Seller's Agent
Rebecca Koulalis
Redfin Corp.
Buyer's Agent
Kristin Moore
Redfin Corp.
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Total Days on Market
15
Views
181
Current Estimated Value
$722,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,131
Avg. Annual Appreciation
5.83%
Original Mortgage
$508,000
Outstanding Balance
$495,352
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,779
Source: Public Records

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Range of Values:

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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
Ryan Steven P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbins Joshua S $61,727
Open Robbins Joshua S $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $635,000 -2.2% $336 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $649,000 -- $343 / 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 $7,325 $645,400 $0 $645,400
2024 $7,104 $631,500 $0 $631,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rebecca Koulalis

    Redfin Corp.

    (978) 208-9112

    Section Image

  • K

    Buyer's Agent in 2023

    Kristin Moore

    Redfin Corp.

    (781) 732-1464

    2 in this area

    98 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73070528

MLS Property Information Network (MLS PIN)

APN: WAKE M:000034 B:71M2 P:020+21

Massachusetts Middlesex County Wakefield 01880 Greenwood

71 Madison Ave Unit 2, Wakefield, MA

This home is located at 71 Madison Ave Unit 2, Wakefield, MA 01880 since 13 January 2023 and is currently estimated at $722,131, approximately $381 per square foot. This property was built in 1928. 71 Madison Ave Unit 2 is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, Melrose Montessori School, and St Mary's School.

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