5 Magnolia Ter, Wakefield MA 01880

Wakefield, MA 01880
$851,000
Est. $4,529/month
3
Beds
1.5
Baths
2,300
Sq Ft
$370
Price/Sq Ft
0.31
Acres
1956
Year Built
Single Family Residence
Type
20
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73214887

About this home

A CREAM PUFF!! Many upgrades - too many to list. Living room is open to dining room to kitchen. Three good size bedrooms with full bath on the 1st floor and 3/4 bath in finished basement with kitchenette (no stove), one garage, three season porch off dining room. Beautiful large fenced in backyard with shed. Professionally landscaped. Close to public elementary school and Lake Quannapowitt. Alarm system installed, heating cables on roof. Open House Saturday March 23 and Sunday March 24 from 12:00 PM - 3:00 PM.

Sale Statistics

Sale Overview
Original List Price: $749,888
Final Sale Price: $851,000
Difference: +$101,112 (+13.5%)
Performance Metrics
113.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $326
Sale $/sq ft: $370
This property sold for $370 per square foot
Sale Summary

This property sold for 13.5% above the original asking price, indicating strong buyer demand.

With only 20 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
1956
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,300 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Electric Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features
Walk-up Attic
Laundry Features
In Basement, Electric Dryer Hookup
Basement Details
Full, Finished, Partially Finished, Bulkhead, Sump Pump
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Patio, Rain Gutters, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.31 acres
Lot Size
13,652 sq ft
Lot Size Area
0.3100
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
3
Parking Features
Attached, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Security Features
Security System

Community & HOA

Community Features
Public Transportation, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,195
Tax Year
2024
Tax Assessed Value
$728,400
Parcel Number
M:00014C B:0071 P:0000G9,823367
Zoning
SR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Seller is a licensed RE sales person #127590. B-Dry system and sub-pump in basement. All offers (if any) must be in on or before 5PM on Tuesday March 26th.
Exclusions
Entrance Hallway Light Fixture, Stand Up Freezer In Garage, Basement Furniture, Window Treatments
Listing Service
Entry Only

Location

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Neighborhood

5 Magnolia Ter, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

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

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $683
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.9%
Price Range
23
Total Days on Market

Property Timeline

Sold
Jun 27, 2024
$851,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Mar 21, 2024
$749,888
Original listing
Agent: Edmund Wong Office: New Year Realty

Price & Status History

Date Event Price Change
Mar 21, 2024 New Listing Added $749,888

Market Statistics

Days on Market
20 days
Price per Sq Ft
$370

Tax History

Year Taxes Assessment
2024 $8,195 $728,400

Financial Details

Annual Property Tax
$8,195
Tax Year 2024
Assessed Value
$728,400

Listing Information

Listing Agent Edmund Wong
Listing Office New Year Realty
Agent MLS ID BB805141
Office MLS ID AN1076

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