361 Salem Street

Wakefield, MA 01880

$360,000
Last Sold Price
3
Beds
1
Bath
1
1/2 Bath
1,468 Sq. Ft.
$245 / Sq. Ft.
1,468
Sq. Ft.
$245
per Sq. Ft.

Description

Perfect investment opportunity in an ideal Wakefield location sitting on a 12,000 sq foot lot provides tremendous potential. Conveniently located near I95 and Route 1 with Restaurants and MarketStreet shops just minutes away. Currently zoned as residential but potential to turn back into commercial zoning. Buyer to do due diligence. Living room boasts hardwood floors, natural sunlight, and a fireplace open to dining room. Eat-in-kitchen, Laundry room with washer/dryer hookups and half bath completes...Perfect investment opportunity in an ideal Wakefield location sitting on a 12,000 sq foot lot provides tremendous potential. Conveniently located near I95 and Route 1 with Restaurants and MarketStreet shops just minutes away. Currently zoned as residential but potential to turn back into commercial zoning. Buyer to do due diligence. Living room boasts hardwood floors, natural sunlight, and a fireplace open to dining room. Eat-in-kitchen, Laundry room with washer/dryer hookups and half bath completes the first floor. Upstairs provides 3 bedrooms, full bath and a walk up attic for extra storage. Roof and most windows only few years old with a new hot water heater. Paved driveway and a spacious yard with a garage/storage shed. Bring your ideas and don't miss out on this home!
  1. Listed by Alexander Montalto • Lamacchia Realty, Inc.

Property Details for 361 Salem Street

Town
Wakefield
Area
MA-Wakefield
Architectural Style
Colonial
Style
Colonial
Garage Spaces
1
Parking Spaces
8.00
Parking Spaces Total
9

Location

Listing Courtesy of Lamacchia Realty, Inc., Alexander Montalto

Sold By Boardwalk Real Estate, Stephen Conroy

Add your commute
LISTING UPDATED: 12/16/2022 03:27 PM

Property Details for 361 Salem Street

StatusSold
MLS #73023011
Days on Market86
Taxes$5,479 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1800
CountyMiddlesex County

Location

Listing Courtesy of Lamacchia Realty, Inc., Alexander Montalto

Sold By Boardwalk Real Estate, Stephen Conroy

Add your commute

Building Information for 361 Salem Street

Stories-Year Built1800Building Size-Lot Size0.28 AC / 12,023 SF

Payment Calculator

$2,421 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,965

Property Taxes

$457

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 361 Salem Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Highway Access, Public School
  • Current Financing: Cash
  • Living Area: 1468.0
  • Color: White
  • SqFt with Basement: No
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Gas Water Heater, Tankless Water Heater, Utility Connections for Gas Range
  • Basement Features: Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: Window AC
  • Laundry Features: Flooring - Vinyl, Exterior Access, Washer Hookup, First Floor
  • Other Equipment: Satellite Dish
  • Primary Bath: No
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Conventional (2x4-2x6)
  • Exterior Features: Rain Gutters, Storage Shed, Other (See Remarks)
  • Exterior Features: Satellite Dish, Screens, Storage Shed, Other (See Remarks), Patio
  • Lot Description: Wooded
  • Patio And Porch Features: Patio
  • Roof Material: Shingle
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Detached, Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Detached, Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC, None
  • Cooling: No
  • Electric: 100 Amp Service
  • Heating: Baseboard, Oil, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 195.0
  • Room Primary Bedroom Features: Walk-In Closet(s),Flooring - Wall to Wall Carpet,Cable Hookup
  • Room Primary Bedroom Length: 15.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 13.0
Bedroom 2
  • Bedroom2 Area: 117.0
  • Bedroom2 Features: Closet,Flooring - Hardwood,Cable Hookup
  • Bedroom2 Length: 13.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 9.0
Bedroom 3
  • Bedroom3 Area: 104.0
  • Bedroom3 Features: Flooring - Hardwood,Cable Hookup
  • Bedroom3 Length: 13.0
  • Bedroom3 Level: Second
  • Bedroom3 Width: 8.0
Bathroom 1
  • Bathroom1 Area: 36.0
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile
  • Bathroom1 Length: 6.0
  • Bathroom1 Level: Second
  • Bathroom1 Width: 6.0
Bathroom 2
  • Bathroom2 Area: 35.0
  • Bathroom2 Features: Bathroom - Half,Flooring - Vinyl
  • Bathroom2 Length: 7.0
  • Bathroom2 Level: First
  • Bathroom2 Width: 5.0
Dining Room
  • Dining Room Area: 120.0
  • Dining Room Features: Closet,Flooring - Wall to Wall Carpet
  • Dining Room Length: 12.0
  • Dining Room Level: First
  • Dining Room Width: 10.0
Kitchen
  • Kitchen Area: 180.0
  • Kitchen Features: Bathroom - Half,Flooring - Vinyl,Dining Area,Gas Stove
  • Kitchen Length: 15.0
  • Kitchen Level: First
  • Kitchen Width: 12.0
Laundry
  • Laundry Dimen: 8X11
Living Room
  • Room Living Room Area: 195.0
  • Room Living Room Features: Bathroom - Half,Flooring - Hardwood,Cable Hookup
  • Room Living Room Length: 15.0
  • Room Living Room Level: First
  • Room Living Room Width: 13.0
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Disclosures: Buyers and buyers agent to do due diligence in regard to zoning potential.
Tax Information
  • Tax ID: M:000037 B:0154 P:000A14,822459
  • Assessments: $444,700
  • Block: 0154
  • Book: 50261
  • Map: 000037
  • Tax Year: 2022
  • Zoning: SR
Building / Association Information
Living Characteristics
  • Beds Total: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Zones: 0
  • Heat Zones: 2
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 2%

Property History for 361 Salem Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 361 Salem Street

Taxable ValueLand$360,000Additions$173,200Total$533,200
Tax Record2024$5,999 ($500 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,468 SqFtAbove Grade Finished SqFt1,468 SqFtUnfinished Basement SqFt648 SqFtStories2Lot Size12,040 SqFtStyleSingle Family ResidenceYear Built1947ZoningSRCountyMIDDLESEXAPNWAKE M:000037 B:0154 P:000A14Fireplace TypeHas Fireplace

Schools near 361 Salem Street

This home is within Wakefield School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Dolbeare Elementary School
PublicK to 4

Galvin Middle School
Public5 to 8

Wakefield Memorial High School
Public9 to 12

Woodville School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamacchia Realty, Inc., Alexander Montalto

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.