56 Chestnut St. # 3, Wakefield MA 01880

Wakefield, MA 01880
$206,000
1
Beds
1
Baths
725
Sq Ft
$284
Price/Sq Ft
0.00
Acres
1885
Year Built
1
Parking
9
Days on Market
Sold 2020 Listed Oct 21, 2020 • MLS# 72746234 Copied! • Updated Dec 15, 2020

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Sale Statistics

Sale Overview
Original List Price: $225,000
Final Sale Price: $206,000
Difference: $19,000 (-8.4%)
Performance Metrics
91.6%
List to Sale Ratio
Sold below asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $310
Sale $/sq ft: $284
This property sold for $284 per square foot
Sale Summary

This property sold for 8.4% below the original asking price.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$284/sq ft
Area Median
$575/sq ft
Difference
50.6%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Why rent when you can own!!! You can own this three room condo for less than the cost of renting in a fabulous location in the heart of Wakefield. It features a spacious eat-in kitchen with gas cooking, living room and bedroom with hardwood flooring and a full bath. Enjoy the outdoor deck overlooking the backyard with in-ground pool for summer fun. Located a short distance to the train station, shops, restaurants and all that intown living has to offer!!! Bring your decorating ideas and make this your own. Plenty of room for storage in the basement. One car parking in the back.

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Recently Sold Nearby

Price & Status History

Market Insights

52.8%
Price Range
10
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73597780
Full transaction history available when tracking began
🏡
Currently Listed
Nov 2, 2026
$359,900
MLS #73597780 - Active
✓
Sold
Dec 15, 2020
$206,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Oct 21, 2020
$225,000
Original listing
Agent: The Stakem Group Office: Leading Edge Real Estate
Previous Transaction - MLS #70640151
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 27, 2007
$170,000
MLS #70640151

Tax History

Year Taxes Assessment
2020 $2,629 $205,900

Financial Details

Annual Property Tax
$2,629
Tax Year 2020
HOA Fee
$140
Monthly
Assessed Value
$205,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1885
Living Area 725 sq ft
Lot Size 0.0000
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry In Building, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Porch
Pool Association, In Ground
Spa None
Fencing Security
Patio/Porch Porch
Features Off Street, Assigned
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $2,629
Assessed Value $205,900

HOA & Community

HOA Fee $140 Monthly
Fee Includes Water, Sewer, Insurance
Amenities Pool
Optional Fee Includes None
Owner-Occupied Units 2
Pets Yes w/ Restrictions
Seller Disclosures Need License To Sell. Old Dishwasher Has Not Been Used In A Year. No Sellers Disclosure, Seller Has Never Lived In The Property. Kitchen Ceiling Needs To Be Replaced From A Leak. Rubber Roof Has Been Replaced. The Oil Tank Belongs To The Second Unit. Condo Is Sold As Is.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex
Total market time (incl. prior listings) 10 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1885
Bedrooms
1
Full Bathrooms
1
Living Area
725 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Building, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1885
Effective Year (Renovated): 1988
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Utilities & Systems

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned
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

6 schools
St. Joseph Elementary School
0.1 mi
Grades PK-08
B+
Walton School
0.5 mi | #299 of 825 | Score: 50.8
Improved 125 spots from last year
-7.4 below state avg
221 students Less Diverse
Rising School Strong Attendance
Grades K-04
Early Childhood Center at the Doyle School
0.6 mi
115 students Moderate
Grades PK
A
Dolbeare School
1.3 mi | #160 of 825 | Score: 56.5
Improved 34 spots from last year
-1.7 below state avg
425 students Less Diverse
Rising School Strong Attendance
Grades K-04
A-
Woodville School
1.5 mi | #172 of 825 | Score: 56.1
Improved 58 spots from last year
-2.1 below state avg
462 students Moderate
Rising School
Grades PK-04
A-
Greenwood School
1.7 mi | #203 of 825 | Score: 54.6
Improved 46 spots from last year
-3.6 below state avg
209 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.4 mi | #80 of 352 | Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.5 mi
Grades 09-12
Nazareth Academy
1.0 mi
Grades 09-12
A-
Wakefield Memorial High School
1.7 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.9 mi | #127 of 346 | Score: 58.3
Improved 95 spots from last year
+0.1 above state avg
1,414 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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Location

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Neighborhood

56 Chestnut St. # 3, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent The Stakem Group
Listing Office Leading Edge Real Estate
Office Phone 781-944-6060
Agent MLS ID TM302299
Office MLS ID AN4648
Listing Data Updated Dec 15, 2020 2:18 PM EST
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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