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SOLD 6/14/2021

38 Melvin Street, Wakefield, MA 01880$595,000

3
beds
2
baths
1704
ft2
· 6782
ft2 lot
$349 / ft2

Listing provided courtesy of Listing Broker: Alexander Montalto, Lamacchia Realty, Inc.
Source MLS PIN;
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Offers due Monday 4/12 @2PM. Income property potential! This multi-family home offers a first-floor unit with 2 bedrooms and 1 full bath and a second-floor unit with 1 bedroom and 1 full bath. Hardwood floors and lots of natural light can be found within the home. Each unit has a separate entry, in-unit laundry, and separate utilities. Outside, find lots of space for backyard entertaining and 4 off-street parking spots. This lovely two-family home is conveniently located close to downtown, the high school, highways, shops, and restaurants.

HOA

$—/month

On market

20 days

Year built

1850

Property type

2 Family 2 Units Up/Down

Parking

4

MLS

72808800

Price / Sq.Ft.

$349 / ft2

Status

Sold

Home details for 38 Melvin Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Kitchen
•   
Common Rooms: Mudroom
•   
Total Levels: 2, 3, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 3
•   
Total Rooms: 7, 7, 7
Interior Features
•   
Electric Details: Circuit Breakers, 100 Amps
•   
Energy Details: Insulated Windows, Insulated Doors, Storm Doors
•   
Interior Features: Ceiling Fans, Cable TV Available, Pantry, Storage, Tile Floor, Hardwood Floors, Jacuzzi/Whirlpool Soaking Tub, Walk-In Closet, Bathroom With Tub & Shower, Wall to Wall Carpet, Ceiling Fans, Cable TV Available, Balcony/Deck, Bathroom With Tub & Shower, Wall to Wall Carpet
Appliances
•   
Hot Water: Natural Gas, Tank
•   
Unit 2 Appliances: Range, Refrigerator, Washer, Dryer
•   
Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
Heating & Cooling
•   
Heating Description Unit 1: Hot Water Baseboard, Gas
•   
Heating Description Unit2: Hot Water Baseboard, Gas
Virtual Tour
•   
Virtual Tour: 1
Bedrooms Info
•   
Total Beds: 3
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 2, 2
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: White
•   
Building Exterior Details: Vinyl, Deck, Patio, Gutters, Screens, Fenced Yard, Satellite Dish
Property Type
•   
Property Type: 2 Family - 2 Units Up/Down
•   
Mls Prop Type: 2 Family - 2 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School
Lot Info
•   
Zoning: SR
•   
Year Round
•   
Lot Description: Corner, Paved Drive, Shared Drive, Cleared, Fenced/Enclosed, Level
•   
Lot Number: 00049B
•   
Acres: 0.16
Building Info
•   
Foundation Size: 0000
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Partially Finished, Interior Access, Concrete Floor
Parking Info
•   
Parking Descriptions: Off-Street, Paved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3223823
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 33000
•   
Net Operating Income: 33000
•   
Monthly Rent Unit 1: 1650
•   
Monthly Rent Unit 2: 1100
•   
Total Rent: 2750
Listing Details
•   
Disclosures: Only Unit 1 has basement access. Shared yard.
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 499300.00
•   
Taxes: 6356.00
•   
Apn: M:000031 B:0131 P:00049B
Listing Contacts
•   
Selling Agent: NB112959
School Neighborhood & Directions
Location
•   
Street Number: 38
•   
Map Book: 29475
•   
Block: 0131
•   
Map Page: 333
•   
Directions: Nahant Street or Water Street to Melvin Street
•   
Road Type: Paved
•   
Map: 000031
•   
Zip Code +4: 3444
Other
Other
•   
Main So: NB3624
Calculation
•   
Price Per Sqft: 349.18
•   
List Price Per Sqft: 322.18
•   
Sold Price Per Sqft: 349.18
•   
Cdom Property: 22
•   
Cdom Broker: 22
•   
Cdom: 22

Neighborhood snapshot

11
Properties for sale
16
Median days on market
$381.57
Median sold price/sqft
104.85%
Sold/List %
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Property History for 38 Melvin Street

06/14/2021
06/14/2021
Public Record
sold
Public Record
$595,000
+8.38%
04/13/2021
04/13/2021
MLS PIN #72808800
pending
MLS PIN #72808800
$549,000
04/05/2021
04/05/2021
MLS PIN #72808800
active
MLS PIN #72808800
$549,000
+254.19%
12/04/1998
12/04/1998
Public Record
sold
Public Record
$155,000

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