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16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880
$950,000
4
Beds
2.5
Baths
2,869
Sq Ft
$331
Price/Sq Ft
2009
Year Built
2
Garage Spaces
12
Days on Market
Closed Listed Sep 3, 2024 • MLS# 73284460 Copied! • Updated Sep 27, 2024

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.

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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Recently Sold Nearby

Property History

Market Insights

27.6%
Price Range
13
Total Days on Market
1
Previous Sales

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
Previous Transaction - MLS #72448936
Full transaction history available when tracking began
🏷️
Previously Sold
May 3, 2019
$688,000
MLS #72448936

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

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
Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 6
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $10,461
Assessed Value $929,900

HOA & Community

HOA Fee $400 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Seller Disclosures See Superintendent For School Information. Next Annual Association Meeting In September 2024. Public Record Has Property As A 3 Bedroom But Property Has 4 Rooms That Meet The Criteria For A Bedroom. Gates Lane Is A Private Way.
Possession None
Accepted Financing Contract
Structure Type ["Townhouse"]
Unit/Building B
Sq Ft Source Public Record
Documents Master Deed, Unit Deed (2)
County Middlesex
Total market time (incl. prior listings) 13 days

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

Room Details

First Floor

Bathroom1
8.583333333 x 3.75
Bathroom - Half
Dining Room
15.333333333 x 14.333333333
Flooring - Hardwood
Kitchen
12.333333333 x 14.333333333
Flooring - Wood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Living Room
22 x 14.583333333
Flooring - Hardwood
Office
9.666666666 x 20.083333333
Flooring - Hardwood

Second Floor

Bedroom4
17.333333333 x 9.666666666
Flooring - Hardwood
Bedroom3
Flooring - Hardwood
Bathroom2
8.416666666 x 7.666666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bedroom2
23.25 x 11.666666666
Flooring - Hardwood
Bathroom3
9.166666666 x 8.416666666
Bathroom - Tiled With Shower Stall
Master Bedroom
15.666666666 x 14.333333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Other Floor

Bedroom5
Family Room
Master Bathroom
Yes

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

16 Gates Ln # B, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Kristin Weekley
Listing Office Leading Edge Real Estate
Office Phone 781-979-0100
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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