16 Lake St, Wakefield MA 01880

Wakefield, MA 01880 • West Side
$600,000
Est. $3,193/month
3
Beds
1.5
Baths
1,412
Sq Ft
$425
Price/Sq Ft
0.09
Acres
1915
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73357163

About this home

Classic New England Colonial. Features 3 bedrooms, 1.5 baths in a convenient location close to commuter rail and town. Fenced level corner lot. Traditional layout includes hardwood in both the living room and formal dining rooms. Eat -in kitchen with pantry. Lots of original details including DR china cabinet, entry foyer staircase and enclosed front farmers porch. Three 2nd floor bedrooms all with hardwood. Updates include gas boiler and electric panel. Walk up attic has great expansion possibilities. Needs updating but is a fabulous opportunity to own and live in Wakefield.

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $600,000
Difference: +$20,100 (+3.5%)
Performance Metrics
103.5%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $411
Sale $/sq ft: $425
This property sold for $425 per square foot
Sale Summary

This property sold for 3.5% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1915
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,412 sq ft
Total Rooms
6

Interior Features

Flooring
Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Tankless Water Heater, Range, Refrigerator
Interior Features
Bathroom - Half, Entrance Foyer, Walk-up Attic
Basement Details
Full, Interior Entry, Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Block, Stone
Foundation Area
660 sq ft
Exterior Features
Porch - Enclosed, Fenced Yard
Patio/Porch Features
Porch - Enclosed
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,999 sq ft
Lot Size Area
0.0900
Lot Features
Corner Lot, Level
Frontage Length
130 ft
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Subdivision
West Side
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,480
Tax Year
2025
Tax Assessed Value
$570,900
Parcel Number
M:000013 B:0063 P:000066,817448
Zoning
Industrial

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Trustee sale. Owners have limited knowledge.

Location

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Neighborhood

West Side

16 Lake St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

Elementary School
Tbd
Rating information coming soon
Middle School
Galvin
Rating information coming soon
High School
Wakefield
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $540
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.4%
Price Range
16
Total Days on Market

Property Timeline

Sold
May 30, 2025
$600,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Apr 9, 2025
$579,900
Original listing
Agent: Christopher Barrett Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Apr 9, 2025 New Listing Added $579,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$425

Tax History

Year Taxes Assessment
2025 $6,480 $570,900

Financial Details

Annual Property Tax
$6,480
Tax Year 2025
Assessed Value
$570,900

Listing Information

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

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