13 Chestnut St, Wakefield MA 01880

Wakefield, MA 01880
$935,000
Est. $4,976/month
3
Beds
3.5
Baths
3,490
Sq Ft
$268
Price/Sq Ft
0.22
Acres
1887
Year Built
3 Family
Type
347
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73033996

About this home

Classic Center Entrance colonial. This gorgeous mixed use building, is in a downtown location. It was originally converted (1965) to a law office with 2 residences on the 2nd and 3rd floors. The entire1st floor unit has been a "special permitted" physical therapy space for 30+years. The 1st floor is approximately 1,350 S/F with 5 rooms including a kitchenette, 1/2 bath and central air. 1st floor has lots fabulous original details including built-ins, pocket doors, hardwood, moldings, numerous china cabinets, and a fireplace with mirrored mantle. The 2nd and 3rd floors consists of three 1 bedroom apartments with one a Philadelphia style unit to the the top floor. Units #2 and #3 were combined as a townhouse when the 1965 permit was issued. First floor includes a coin op laundry room. The building is in the General Residence zoning district. Almost any business use may require an application for a "special permit" from the town

Sale Statistics

Sale Overview
Original List Price: $1,295,000
Final Sale Price: $935,000
Difference: $360,000 (-27.8%)
Performance Metrics
72.2%
List to Sale Ratio
Sold below asking price
347
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $371
Sale $/sq ft: $268
This property sold for $268 per square foot
Sale Summary

This property sold for 27.8% below the original asking price.

At 347 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1887
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,490 sq ft
Total Rooms
14
Stories
5
Levels
5

Interior Features

Flooring
Wood, Tile, Vinyl, Carpet, Concrete, Varies, Hardwood, Pine
Heating
Natural Gas, Individual
Has Heating
Yes
Cooling
None, Central Air
Has Cooling
No
Fireplace Features
Wood Burning
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Washer, Dryer, Refrigerator
Interior Features
Storage, Philadelphia, Laundry Room, Bathroom With Tub & Shower, Walk-In Closet(s), Other, Living Room, Kitchen, Office/Den
Basement Details
Full, Partially Finished, Interior Entry, Bulkhead, Concrete
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Granite, Irregular
Foundation Area
1,443 sq ft
Exterior Features
Varies per Unit
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.22 acres
Lot Size
9,453 sq ft
Lot Size Area
0.2200
Lot Features
Level
Frontage Length
103 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Shared Driveway, Off Street, Paved

Utilities & Systems

Utilities Available
for Electric Range, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered, Varies per Unit
Energy Efficient Features
Thermostat, Varies per Unit

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,510
Tax Year
2023
Tax Assessed Value
$819,200
Parcel Number
M:000012 B:0267 P:000085,817245
Zoning
GR
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyers do their own due diligence regarding status. Sellers make no representation about number of units or future use of the building. Town records have building as 2 residential units w/ office unit. 1st floor commercial/office most likely requires a special permit or approval from building dept.
Exclusions
Any Of The Tenants Possessions.
Listing Terms
Contract

Location

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Neighborhood

13 Chestnut St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

Middle School
Galvin
Rating information coming soon
High School
Wakefield Mem
Rating information coming soon

Monthly Payment Calculator

%
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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,126
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.1%
Price Range
339
Total Days on Market

Property Timeline

Sold
Dec 21, 2023
$935,000
Property sold
Days on Market: 339
🏠
Listed for Sale
Sep 8, 2022
$975,000
Original listing
Agent: Christopher Barrett Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Sep 8, 2022 New Listing Added $975,000

Market Statistics

Days on Market
347 days
Price per Sq Ft
$268

Tax History

Year Taxes Assessment
2023 $13,510 $819,200

Financial Details

Annual Property Tax
$13,510
Tax Year 2023
Assessed Value
$819,200

Listing Information

Listing Agent Christopher Barrett
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID BB813103
Office MLS ID B50201

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