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55 Melvin Street # R, Wakefield MA 01880

Wakefield, MA 01880
$572,000
Est. $3,044/month
2
Beds
1.5
Baths
1,200
Sq Ft
$477
Price/Sq Ft
1983
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73338846

About this home

This beautiful 2-bed, 1.5-bath condex in Wakefield, MA, offers the perfect blend of comfort and convenience and best of all, NO CONDO FEES! The spacious living room features hardwood floors and a large picture window, seamlessly flowing into the dining area and kitchen, complete with granite counters, stainless steel appliances, and access to the exterior deck. A half bath, laundry, and pantry closet complete the main floor. Upstairs, both bedrooms boast hardwood floors and ample closet space, while the full bath features tile flooring and a tub/shower combo. Enjoy the convenience of having in-unit laundry! Head outside and enjoy a composite deck, yard, and storage shed perfect for relaxing or entertaining. Conveniently located in the heart of Wakefield with easy access to downtown, I-95, I-93, and RT-128. Schedule your showing today!

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $572,000
Difference: +$73,000 (+14.6%)
Performance Metrics
114.6%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $416
Sale $/sq ft: $477
This property sold for $477 per square foot
Sale Summary

This property sold for 14.6% 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
Condominium
Property Category
Residential
Year Built
1983
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,200 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Basement Details
N
Window Features
Insulated Windows, Screens
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Conventional (2x4-2x6)
Roof
Shingle
Exterior Features
Deck, Deck - Composite, Deck - Access Rights, Storage, Screens, Rain Gutters
Patio/Porch Features
Deck, Deck - Composite, Deck - Access Rights
Has Spa
No
Waterfront Features
Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

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

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,753
Tax Year
2025
Tax Assessed Value
$506,900
Tax Map Number
000019
Parcel Number
M:000019 B:0229 P:00221L,4686756
Zoning
GR

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Melvin St Condo
Attached Property
No
Disclosures
Buyers and buyers agents to perform due diligence. Contingent on Seller finding suitable housing Seller has already identified a property and is under agreement. Some photos may be virtually enhanced.
Exclusions
Flat Screen Tv.

Location

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Neighborhood

55 Melvin Street # R, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $479
Homeowners Insurance $200
PMI $0

Property History

Market Insights

12.8%
Price Range
6
Total Days on Market

Property Timeline

✓
Sold
Apr 7, 2025
$572,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Feb 26, 2025
$499,000
Original listing
Agent: Maria Leblanc Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $499,000 —

Market Statistics

Days on Market
5 days
Price per Sq Ft
$477

Tax History

Year Taxes Assessment
2025 $5,753 $506,900

Financial Details

Annual Property Tax
$5,753
Tax Year 2025
Assessed Value
$506,900

Listing Information

Listing Agent Maria Leblanc
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN236805
Office MLS ID AN2885

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