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248 Albion St # 233, Wakefield MA 01880

Wakefield, MA 01880
$575,000
Est. $4,072/month
2
Beds
2
Baths
1,162
Sq Ft
$495
Price/Sq Ft
2005
Year Built
12
Days on Market
Closed Listed Sep 18, 2024 • MLS# 73291540 Copied!

About this home

Luxury condo living at its best! This 2-bed, 2-bath unit overlooks a beautiful courtyard. Meticulously maintained, this unit features a spacious open floor plan with abundant natural light and hardwood floors throughout the main living areas. The large primary bedroom includes walk-in California closet and full bathroom. The second bedroom, located next to the second full bathroom, is versatile enough for use as a guest room or home office. The galley kitchen, adjacent to the dining area, is equipped with all appliances, elegant granite countertops and pantry. Additional features include an in-unit washer and dryer, interior heated garage parking space with additional storage chest. There's an extra storage unit on same floor, plus a common area with deck for outdoor enjoyment. Enjoy the convenience of a large exercise and club room located on the first floor. Fabulous location just steps to commuter rail, restaurant , Lake Quannapowitt and access to 95 & 93.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
2
Full Bathrooms
2
Living Area
1,162 sq ft
Total Rooms
5
Stories
1
Entry Level
3
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $575,000
Difference: +$75,100 (+15.0%)
Performance Metrics
115.0%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $430
Sale $/sq ft: $495
This property sold for $495 per square foot
Sale Summary

This property sold for 15.0% 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.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$495/sq ft
Area Average
$348/sq ft
Difference
+42.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 1,162 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Gas Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Deck - Composite, Garden, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Heated Garage, Storage, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup

Financial

Annual Tax $5,579
Assessed Value $495,900

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Gas Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 2005
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Composite, Garden, Professional Landscaping
Patio & Porch: Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Garage Door Opener, Heated Garage, Storage, Deeded

Special Features

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

Location

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Neighborhood

248 Albion St # 233, 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

6 schools
St. Joseph Elementary School
0.2 mi
Grades PK-08
Early Childhood Center at the Doyle School
0.4 mi
128 students Moderate
Grades PK
B+
Walton School
0.7 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A-
Woodville School
1.3 mi | #192 of 824 | Score: 55.5
Improved 38 spots from last year
-2.7 below state avg
456 students Moderate
Rising School
Grades PK-04
A-
Greenwood School
1.4 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
A
Dolbeare School
1.5 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.3 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
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.5 mi
Grades 09-12
Nazareth Academy
1.2 mi
Grades 09-12
A-
Wakefield Memorial High School
1.5 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
B+
Northeast Metropolitan Regional Vocational High School
1.7 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 $465
Homeowners Insurance $200
HOA Fee $500/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

13.1%
Price Range
13
Total Days on Market

Property Timeline

Sold
Oct 16, 2024
$575,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 18, 2024
$499,900
Original listing
Agent: The Serrano Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Sep 18, 2024 New Listing Added $499,900

Market Statistics

Days on Market
12 days
Price per Sq Ft
$495

Tax History

Year Taxes Assessment
2024 $5,579 $495,900

Financial Details

Annual Property Tax
$5,579
Tax Year 2024
HOA Fee
$500
Monthly
Assessed Value
$495,900

Listing Information

Listing Agent The Serrano Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM345558
Office MLS ID AN4643
Listing Data Updated Oct 17, 2024 5:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Wakefield, MA

Real-time market trends and pricing data for this area

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