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25 Forrester Road

25 Forrester Road, Wakefield, MA 01880
Property in Wakefield
Sold Aug 25, 2021
$460,000
$437,000 by Everett Cooperative Bank
Mortgage Due Aug 25, 2051
Sold Jan 25, 1995
$110,000
$110,000 by Medford Svgs Bk
Mortgage
25 Forrester Road has been categorized by the local assessors in Wakefield, MA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 25 Forrester Road has 1,934 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,002 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 24, 2021 for $460,000. That's $237.85 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $110,000. 25 Forrester Road was last assessed in 2024. The total value of the property was assessed at $594,200. Specifically, the land the property is located on was valued at $362,900. While improvements on the property were assessed at a total of $231,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,685. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 877
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,934
  • Gross Building Area: 2,154
  • Building Area: 1,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,934
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OHALLORAN CAITLYN M
  • Current Owner 2: TRIPODI PATRICK J
  • Previous Owner : CANINO JAMES A
  • Owner Before Previous Owner: MCGAH JAMES W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 77438
  • District: 305
  • Parcel: WAKE M:00014C B:0043 P:000B30
  • Block: 43
  • Municipality: WAKEFIELD
  • Latitude: 42.5179
  • Longitude: -71.0666

    Address

  • Full Address: 25 Forrester Rd
  • Address - House Number: 25
  • Address - Street Name: Forrester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1717
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,685

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 672,787
  • High Value: 797,998
  • Low Value: 547,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $437,000
  • First Open Lien Mortgage Lender: EVERETT COOPERATIVE BANK
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Loan Amount: $437,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,200
  • Assessed Land Value: $362,900
  • Assessed Improvements Value: $231,300

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11853857090
  • Current Sale Price: $460,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 189559
  • Previous Sale Recording Date: Jan 25, 1995
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT COOPERATIVE BANK
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $437,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MEDFORD SVGS BK
  • Previous Mortgage Transaction Date: Jan 25, 1995
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Wakefield



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Frequently Asked Questions

What neighborhood is 25 Forrester Road located in?
The 25 Forrester Road is a located in the neighborhood of Wakefield in Wakefield, Wakefield.
What is the average sales price for listings in 25 Forrester Road?
The average sales price for units in 25 Forrester Road is $0 currently.

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