16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880
$950,000
Est. $5,056/month
4
Beds
2.5
Baths
2,869
Sq Ft
$331
Price/Sq Ft
2009
Year Built
Condominium
Type
12
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73284460

About this home

The spacious feel of a single family without all the maintenance! 16 Gates Lane is young construction that has everything you need exactly where you need it. Relax or entertain in your oversized family room complete with a gas fireplace for cozy winter nights. Feed family and friends in the open kitchen and dining area, or step out of your slider onto the first floor patio and your giant, private, partially fenced yard. At night, four bedrooms welcome you upstairs, including a primary suite with bathroom and walk in closet. Plenty of storage, a bonus play room/office and a 2 car garage with ample driveway parking make this home functional and beautiful. The large basement is unfinished and offers the perfect workshop or opportunity to create more living area. The location is excellent with the Greenwood Commuter rail stop a mere 5 minute walk away along with restaurants, playgrounds and trails all within easy walking distance. Join us for open houses 12-1:30 Sat/Sun. Offers 9/10@12N.

Sale Statistics

Sale Overview
Original List Price: $869,900
Final Sale Price: $950,000
Difference: +$80,100 (+9.2%)
Performance Metrics
109.2%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $303
Sale $/sq ft: $331
This property sold for $331 per square foot
Sale Summary

This property sold for 9.2% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2009
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,869 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile, Flooring - Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Entrance Foyer, Office
Laundry Features
First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Patio
Patio/Porch Features
Patio
Has Spa
No
Waterfront Features
Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$400
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$10,461
Tax Year
2024
Tax Assessed Value
$929,900
Parcel Number
M:000023 B:0144 P:0GL072,4772607
Zoning
GR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Gates Of Greenwood
Disclosures
See superintendent for school information. Next annual association meeting in September 2024. Public record has property as a 3 bedroom but property has 4 rooms that meet the criteria for a bedroom. Gates Lane is a private way.
Listing Terms
Contract

Location

Loading map...

Neighborhood

16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880

Walkability

Loading Walk Score...

Schools

Elementary School
Superintendent
Rating information coming soon
Middle School
Galvin
Rating information coming soon
High School
Wmhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $872
Homeowners Insurance $200
HOA Fee $400
PMI $0

Property History

Market Insights

8.4%
Price Range
13
Total Days on Market

Property Timeline

Sold
Sep 27, 2024
$950,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 3, 2024
$869,900
Original listing
Agent: Kristin Weekley Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $869,900

Market Statistics

Days on Market
12 days
Price per Sq Ft
$331

Tax History

Year Taxes Assessment
2024 $10,461 $929,900

Financial Details

Annual Property Tax
$10,461
Tax Year 2024
HOA Fee
$400
Monthly
Assessed Value
$929,900

Listing Information

Listing Agent Kristin Weekley
Listing Office Leading Edge Real Estate
Agent MLS ID CN215646
Office MLS ID AN4646

Similar Homes

16 Gates Ln # B, Wakefield MA 01880 - Photo 1 16 Gates Ln # B, Wakefield MA 01880 - Photo 2 16 Gates Ln # B, Wakefield MA 01880 - Photo 3 16 Gates Ln # B, Wakefield MA 01880 - Photo 4 16 Gates Ln # B, Wakefield MA 01880 - Photo 5 16 Gates Ln # B, Wakefield MA 01880 - Photo 6 16 Gates Ln # B, Wakefield MA 01880 - Photo 7 16 Gates Ln # B, Wakefield MA 01880 - Photo 8 16 Gates Ln # B, Wakefield MA 01880 - Photo 9 16 Gates Ln # B, Wakefield MA 01880 - Photo 10 16 Gates Ln # B, Wakefield MA 01880 - Photo 11 16 Gates Ln # B, Wakefield MA 01880 - Photo 12 16 Gates Ln # B, Wakefield MA 01880 - Photo 13 16 Gates Ln # B, Wakefield MA 01880 - Photo 14 16 Gates Ln # B, Wakefield MA 01880 - Photo 15 16 Gates Ln # B, Wakefield MA 01880 - Photo 16 16 Gates Ln # B, Wakefield MA 01880 - Photo 17 16 Gates Ln # B, Wakefield MA 01880 - Photo 18 16 Gates Ln # B, Wakefield MA 01880 - Photo 19 16 Gates Ln # B, Wakefield MA 01880 - Photo 20 16 Gates Ln # B, Wakefield MA 01880 - Photo 21 16 Gates Ln # B, Wakefield MA 01880 - Photo 22 16 Gates Ln # B, Wakefield MA 01880 - Photo 23 16 Gates Ln # B, Wakefield MA 01880 - Photo 24 16 Gates Ln # B, Wakefield MA 01880 - Photo 25 16 Gates Ln # B, Wakefield MA 01880 - Photo 26 16 Gates Ln # B, Wakefield MA 01880 - Photo 27 16 Gates Ln # B, Wakefield MA 01880 - Photo 28 16 Gates Ln # B, Wakefield MA 01880 - Photo 29 16 Gates Ln # B, Wakefield MA 01880 - Photo 30 16 Gates Ln # B, Wakefield MA 01880 - Photo 31 16 Gates Ln # B, Wakefield MA 01880 - Photo 32 16 Gates Ln # B, Wakefield MA 01880 - Photo 33 16 Gates Ln # B, Wakefield MA 01880 - Photo 34 16 Gates Ln # B, Wakefield MA 01880 - Photo 35 16 Gates Ln # B, Wakefield MA 01880 - Photo 36 16 Gates Ln # B, Wakefield MA 01880 - Photo 37 16 Gates Ln # B, Wakefield MA 01880 - Photo 38 16 Gates Ln # B, Wakefield MA 01880 - Photo 39 16 Gates Ln # B, Wakefield MA 01880 - Photo 40 16 Gates Ln # B, Wakefield MA 01880 - Photo 41 16 Gates Ln # B, Wakefield MA 01880 - Photo 42

Contact Agent

Schedule a Tour