56 Madison Ave, Wakefield MA 01880

Wakefield, MA 01880
$850,000
Est. $4,524/month
3
Beds
1.5
Baths
1,482
Sq Ft
$574
Price/Sq Ft
0.10
Acres
1930
Year Built
Single Family Residence
Type
8
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73338745

About this home

The one you have been waiting for! Located in one of Wakefield’s most sought-after neighborhoods, this 3-bedroom, 1.5-bath home offers charm, convenience, and a true sense of community. Just steps from an elementary school and commuter rail stop that can have you in Boston in less than 30 minutes, this neighborhood is famous for its legendary Halloween celebrations, drawing over 400 trick-or-treaters each year! Inside, a sun-filled entryway doubles as a sitting area or mudroom. The spacious living area features a wood-burning fireplace and flows seamlessly into the eat-in kitchen and dining room, beautifully accented with wainscoting. Outside, enjoy a new deck, patio, and freshly laid grass, perfect for relaxing or entertaining. A finished basement offers extra space for a playroom, home office, or bonus retreat. Don’t miss your chance to call this special home yours!

Sale Statistics

Sale Overview
Original List Price: $779,000
Final Sale Price: $850,000
Difference: +$71,000 (+9.1%)
Performance Metrics
109.1%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $526
Sale $/sq ft: $574
This property sold for $574 per square foot
Sale Summary

This property sold for 9.1% above the original asking price, indicating strong buyer demand.

With only 8 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
1930
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,482 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Tile, Laminate, Flooring - Wall to Wall Carpet, 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
Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features
Storage, Closet/Cabinets - Custom Built, Bonus Room, Sun Room, Office, Center Hall
Laundry Features
In Basement, Gas Dryer Hookup
Basement Details
Full, Partially Finished, Walk-Out Access
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Block
Exterior Features
Deck, Patio, Fenced Yard
Patio/Porch Features
Deck, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,500 sq ft
Lot Size Area
0.1000
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,422
Tax Year
2024
Tax Assessed Value
$659,700
Parcel Number
M:000024 B:0125 P:000227,820028
Zoning
SR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Please see seller notes. Offer to be reviewed Monday 3/3 @ 5PM. Some photos are virtually staged.
Listing Terms
Contract

Location

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Neighborhood

56 Madison Ave, 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 $619
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.4%
Price Range
9
Total Days on Market

Property Timeline

Sold
Apr 10, 2025
$850,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Feb 26, 2025
$779,000
Original listing
Agent: The Ali Joyce Team Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $779,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$574

Tax History

Year Taxes Assessment
2024 $7,422 $659,700

Financial Details

Annual Property Tax
$7,422
Tax Year 2024
Assessed Value
$659,700

Listing Information

Listing Agent The Ali Joyce Team
Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM347556
Office MLS ID M95354

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