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361 Salem Street

361 Salem Street, Wakefield, MA 01880
Condo in Wakefield
1 Units For Sale
Unit for sale at 361 Salem St., Wakefield, MA 01880

$965,000

  • 3 Beds
  • 3 Baths
  • 2,835 ft²
361 Salem St. #2, Wakefield, MA 01880 Listing by Frank Rubino

361 Salem Street is a condo located in Wakefield, Wakefield. The building was first built in 1947 and is 79 years old. In total, 361 Salem Street has a total floor area of 2,636 square feet. 361 Salem Street has a total of 200 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 129 days Meaning, listings tend to sell at a median of $272 price per square foot. The transaction that took the longest to complete was listed on Aug 09, 2022 for $400,000. This particular unit ultimately sold 129 days later for $360,000. The most recent transaction sold for $550,000 on Mar 07, 2024. Fun fact, the oldest transaction we have on record took place on Dec 16, 2022. See the full transaction history for 361 Salem Street below.

Wakefield, where 361 Salem Street is located, has a median asking price of $649,000 for condo buildings. Meanwhile, the building itself has a median asking price of $400,000. For interested buyers, that means the building's median asking price is around 0.38% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $965,000. It is a 2,835 sqft 3-bedroom and 3-bathroom unit.

Building Features

Parking

Detached Garage
Off Street Parking
Attached Garage
Garage Door Opener
Paved Parking

Condition

Wooded Lot

Facilities

Laundry Room
Storage Available

Waterfront

Beach Front
Lakefront
Access to Beach

Pet Policy

Dogs Allowed / Cats Allowed

Location

Near Public Transit

Driveway

Paved Driveway

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250210 Unit 1
02/10/2025
1
4 Bed
3 Bath
3069 ft²
$965,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
3069 ft²
$950,000 -1.55%
04/14/2025
Mark Krasnyansky
eXp Realty
20241210 Unit 2
12/10/2024
2
3 Bed
4 Bath
2834 ft²
$995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2834 ft²
-
-
Mark Krasnyansky
eXp Realty
20240923 Unit B
09/23/2024
B
3 Bed
4 Bath
2834 ft²
$1,100,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2834 ft²
-
-
Mark Krasnyansky
eXp Realty
20220809
08/09/2022
3 Bed
1 Bath
1468 ft²
$400,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1468 ft²
$360,000 -10.00%
12/16/2022
Alexander Montalto
Lamacchia Realty, Inc.


Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 648
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,040
  • Total Building Area: 1,468
  • Gross Building Area: 2,636
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 69016
  • District: 305
  • Parcel: WAKE M:000037 B:0154 P:000A14
  • Block: 154
  • Municipality: WAKEFIELD
  • Latitude: 42.5146
  • Longitude: -71.0487

    Address

  • Full Address: 361 Salem St
  • Address - House Number: 361
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C029
  • 4-Digit Zip Code: 4923
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 575,149
  • High Value: 684,374
  • Low Value: 465,924

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,200
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $173,200

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22962
  • Previous Sale Recording Date: Dec 16, 2022
  • Previous Sale Contract Date: Dec 15, 2022
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Wakefield



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Frequently Asked Questions

What neighborhood is 361 Salem Street located in?
The 361 Salem Street is a condo located in the neighborhood of Wakefield in Wakefield, Wakefield.
How many listings are currently for sale in 361 Salem Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 361 Salem Street?
The average sales price for units in 361 Salem Street is $400,000 , or $272/sqft. currently.