31 Park Street # 2, Wakefield MA 01880

Wakefield, MA 01880
$500,000
Est. $2,661/month
2
Beds
1
Baths
1,053
Sq Ft
$475
Price/Sq Ft
1900
Year Built
Condominium
Type
48
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73145415

About this home

Due to Buyers cold feet, you get another opportunity at this amazing location. Upon entering this two-bedroom unit you will immediately sense the excellent use of space. Gleaming hardwood floors throughout the open floor plan living room, updated kitchen and both bedrooms. The headed sun room/dining area is an additional bonus. Laundry and plenty of storage on the 3rd floor. Brand new heating, central air and on demand hot water system. Electrical and more updated in 2018. This unit is ideally located close to the vibrant downtown with an abundance of shops and restaurants. Commuting made easy with access to highways and the commuter rail.

Sale Statistics

Sale Overview
Original List Price: $524,900
Final Sale Price: $500,000
Difference: $24,900 (-4.7%)
Performance Metrics
95.3%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $498
Sale $/sq ft: $475
This property sold for $475 per square foot
Sale Summary

This property sold for 4.7% below the original asking price.

The property spent 48 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,053 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Interior Features

Flooring
Laminate, Hardwood, Flooring - Engineered Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Sun Room, Walk-up Attic
Laundry Features
Third Floor, In Unit, Washer Hookup
Basement Details
N

Exterior & Structure

Roof
Shingle
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Driveway

Utilities & Systems

Utilities Available
for Electric Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Park, Walk/Jog Trails
HOA Fee
$207
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$0
Tax Year
2023
Tax Assessed Value
$0
Parcel Number
818534
Zoning
00

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Currently taxed as a multi-family at $11, 156 a year. Buyer to pay their portion until such time as the Town assesses separately. Condo docs are drafts. Seller and agent are related.
Listing Terms
Contract

Location

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Neighborhood

31 Park Street # 2, 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 $0
Homeowners Insurance $200
HOA Fee $207
PMI $0

Property History

Market Insights

2.9%
Price Range
49
Total Days on Market

Property Timeline

Sold
Oct 16, 2023
$500,000
Property sold
Days on Market: 49
🏠
Listed for Sale
Aug 7, 2023
$514,900
Original listing
Agent: Mary Kelly Office: Century 21 Property Central Inc.

Price & Status History

Date Event Price Change
Aug 7, 2023 New Listing Added $514,900

Market Statistics

Days on Market
48 days
Price per Sq Ft
$475

Tax History

Year Taxes Assessment
2023 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2023
HOA Fee
$207
Monthly
Assessed Value
$0

Listing Information

Listing Agent Mary Kelly
Listing Office Century 21 Property Central Inc.
Agent MLS ID B8000710
Office MLS ID AN7768

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