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248 Albion # 327, Wakefield MA 01880

Wakefield, MA 01880
$673,000
Est. $4,738/month
2
Beds
2
Baths
1,248
Sq Ft
$539
Price/Sq Ft
2005
Year Built
13
Days on Market
Closed Listed Apr 24, 2024 • MLS# 73227767 Copied!

About this home

Luxury condo living at its best! Everything you need on one level including the most breathtaking panoramic windows overlooking a beautiful courtyard below, a spacious open floor plan living room, dining room and kitchen w/ breakfast bar, granite counters, stainless appliances and pantry. Also, a large main bedroom with walk-in closet & full bath, lovely guest room w/full bath and convenient in-unit washer & dryer. Amenities include 2 parking spaces, one in garage, one outside, an elevator, clubhouse, exercise room, storage unit on same floor and a common area with deck for outdoor enjoyment. Fabulous location steps to commuter rail, downtown shops, restaurants, Lake Quannapowitt and access to 95 & 93. This exceptional home has it all, move right in!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
2
Full Bathrooms
2
Living Area
1,248 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $673,000
Difference: +$48,000 (+7.7%)
Performance Metrics
107.7%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $501
Sale $/sq ft: $539
This property sold for $539 per square foot
Sale Summary

This property sold for 7.7% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$539/sq ft
Area Average
$348/sq ft
Difference
+55.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 1,248 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit
Features Closet, Entrance Foyer, Elevator

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Deck, Garden, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Deeded, Off Street, Assigned
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,318
Assessed Value $561,600

Interior Features

Flooring: Tile, Carpet, Wood Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Entrance Foyer, Elevator
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, In Unit
Security: Intercom, Security System

Construction & Materials

Year Built: 2005
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Garden, Professional Landscaping
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Heated Garage, Deeded, Off Street, Assigned

Location

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Neighborhood

248 Albion # 327, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $527
Homeowners Insurance $200
HOA Fee $608/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

7.1%
Price Range
14
Total Days on Market

Property Timeline

Sold
May 28, 2024
$673,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Apr 24, 2024
$625,000
Original listing
Agent: Lois McColgan Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Apr 24, 2024 New Listing Added $625,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$539

Tax History

Year Taxes Assessment
2024 $6,318 $561,600

Financial Details

Annual Property Tax
$6,318
Tax Year 2024
HOA Fee
$608
Per month
Assessed Value
$561,600

Listing Information

Listing Agent Lois McColgan
Listing Office Leading Edge Real Estate
Agent MLS ID B8000309
Office MLS ID AN4648
Listing Data Updated May 28, 2024 3:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Wakefield, MA

Real-time market trends and pricing data for this area

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