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16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880
$950,000
Est. $6,275/month
4
Beds
2.5
Baths
2,869
Sq Ft
$331
Price/Sq Ft
2009
Year Built
12
Days on Market
Closed Listed Sep 3, 2024 • MLS# 73284460 Copied!

About this home

The spacious feel of a single family without all the maintenance! 16 Gates Lane is young construction that has everything you need exactly where you need it. Relax or entertain in your oversized family room complete with a gas fireplace for cozy winter nights. Feed family and friends in the open kitchen and dining area, or step out of your slider onto the first floor patio and your giant, private, partially fenced yard. At night, four bedrooms welcome you upstairs, including a primary suite with bathroom and walk in closet. Plenty of storage, a bonus play room/office and a 2 car garage with ample driveway parking make this home functional and beautiful. The large basement is unfinished and offers the perfect workshop or opportunity to create more living area. The location is excellent with the Greenwood Commuter rail stop a mere 5 minute walk away along with restaurants, playgrounds and trails all within easy walking distance. Join us for open houses 12-1:30 Sat/Sun. Offers 9/10@12N.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2009
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,869 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $869,900
Final Sale Price: $950,000
Difference: +$80,100 (+9.2%)
Performance Metrics
109.2%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $303
Sale $/sq ft: $331
This property sold for $331 per square foot
Sale Summary

This property sold for 9.2% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2009
Living Area 2,869 sq ft
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry First Floor, In Unit
Features Entrance Foyer, Office

Exterior

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

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 6

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $10,461
Assessed Value $929,900

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entrance Foyer, Office
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 2009
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

School information not available for this location.

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 $872
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

8.4%
Price Range
13
Total Days on Market

Property Timeline

Sold
Sep 27, 2024
$950,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 3, 2024
$869,900
Original listing
Agent: Kristin Weekley Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $869,900

Market Statistics

Days on Market
12 days
Price per Sq Ft
$331

Tax History

Year Taxes Assessment
2024 $10,461 $929,900

Financial Details

Annual Property Tax
$10,461
Tax Year 2024
HOA Fee
$400
Monthly
Assessed Value
$929,900

Listing Information

Listing Agent Kristin Weekley
Listing Office Leading Edge Real Estate
Agent MLS ID CN215646
Office MLS ID AN4646
Listing Data Updated Sep 27, 2024 5:37 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

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