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16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880
$688,000
Est. $4,718/month
4
Beds
2.5
Baths
2,869
Sq Ft
$240
Price/Sq Ft
2010
Year Built
31
Days on Market
Closed Listed Feb 4, 2019 • MLS# 72448936 Copied!

About this home

Beautiful Townhouse located on a quiet Cul-De-Sac! The contemporary unit features hardwood flooring throughout, 2 car garage, fireplaced family room, open kitchen connected with dining room. Granite and stainless gourmet kitchen with ventilation system perfect for family cooking. Exclusive use for the fenced backyard. 3 bedrooms + great room with skylight (can be used as another bedroom). The spacious basement provides amazing storage. The home comes gas heat, central air. Minutes to route 95, 93 and lakes. Convenient to access commuter rail, shops, health center and schools; ideal for commuters. Property currently under lease till 3/31/2019.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2010
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,869 sq ft
Total Rooms
8
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $688,000
Final Sale Price: $688,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $240
Sale $/sq ft: $240
This property sold for $240 per square foot
Sale Summary

This property sold exactly at the asking price.

The property spent 31 days on market before selling.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2010
Living Area 2,869 sq ft
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air, Dual
Flooring Hardwood, Flooring - Hardwood
Appliances None
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Unit
Features Great Room, Study

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features None
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,666
Assessed Value $592,000

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances:
Interior Features: Great Room, Study
Windows: Skylight(s), Window(s) - Bay/Bow/Box
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 2010
Structure Type: Townhouse, Duplex
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air, Dual
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:

Location

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Neighborhood

16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

School District
Wakefield School District local
A-
School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
5.0% below state avg
E

Elementary Schools

3 schools
A-
Greenwood School
0.4 mi | #194 of 824 | Score: 55.4
Improved 55 spots from last year
-2.8 below state avg
227 students Less Diverse
Rising School Strong Attendance
Grades K-04
Early Childhood Center at the Doyle School
0.9 mi
128 students Moderate
Grades PK
St. Joseph Elementary School
1.2 mi
Grades PK-08
M

Middle Schools

3 schools
A-
Galvin Middle School
1.0 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
A-
Melrose Middle School
1.5 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
1.5 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
A-
Wakefield Memorial High School
1.1 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
EMARC - Life Choices & Employment Services
1.2 mi
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.4 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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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 $639
Homeowners Insurance $200
HOA Fee $400/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

27.6%
Price Range
32
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73284460
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 27, 2024
$950,000
MLS #73284460
Sold
May 3, 2019
$688,000
Property sold
Days on Market: 32
🏠
Listed for Sale
Feb 4, 2019
$688,000
Original listing
Office: Dreamega International Realty LLC

Price & Status History

Date Event Price Change
Sep 27, 2024 Sold $950,000
Feb 4, 2019 New Listing Added $688,000

Market Statistics

Days on Market
31 days
Price per Sq Ft
$240

Tax History

Year Taxes Assessment
2018 $7,666 $592,000

Financial Details

Annual Property Tax
$7,666
Tax Year 2018
HOA Fee
$400
Per month
Assessed Value
$592,000

Listing Information

Listing Office Dreamega International Realty LLC
Agent MLS ID CN211922
Office MLS ID AN3355
Listing Data Updated May 3, 2019 11:55 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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