A must see is this beautiful warm & cozy Cape home you will feel walking in the door. Hardwood floors throughout 1st fl. and a built in cupboard shows the character of this home. A 1st fl. bedroom you can use for entertainment or make it a 3rd bedroom on the main level that allows a variety of uses. The kitchen has beauty plus function and open to allow flow so the whole family can be together for dinning. Up the large center stairway you will find two very nice bedrooms the primary having a walk in closet. The bathroom is modern and very well done. The basement also has potential for a finished area and half bath already there, plus you still have room for storage and such. Direct access from basement to garage and bulkhead to backyard is very convenient. The yard is fenced, flat and has a great fire pit area for summer nights enjoyment, plus a good size shed for yard stuff. Sellers are contingent upon finding suitable housing. Open houses Saturday & Sunday.
West Side, located between Lake Quannapowitt and the Saugus River corridor, is a residential and commuter-friendly Wakefield neighborhood with tree-lined streets and a strong lakeside running culture. The neighborhood’s character concentrates around the Lake Quannapowitt loop at the Main Street/Common Street edge, where coffee counters, casual bites, and storefront errands blend with constant foot traffic. Pillars include the Beebe Memorial Library, the Wakefield Farmers Market on the Common, and the Majestic Theater for local performances. Housing leans toward early-20th-century Colonials and Capes with tidy yards and deep porches. Side streets funnel toward the lake paths and the Common’s green. The pace feels grounded, with daily routines shaped by the water and the town center.
Provided by Walk Score and Local Logic
Market insights
116 Parker Rd · $635,000
DAYS ON MARKET
31 days
The average home goes pending in 19 days.
SALE-TO-LIST
103.0%
Most homes are selling 3% above list price.
LIST PRICE
$635,000
Median sale price in this area is $927,536. (46% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Absolutely Charming Cape! You'll fall in love as soon as you walk through the front door! The wide center staircase, Built-in's, Rustic Barn Door, Rich Dark Tone Hardwood Floors, Stunning Woodwork and Custom Ceilings all add so much character to this lovely home. You'll be proud to show off this remodeled kitchen with Beautiful Countertops, Stunning Backsplash and Cool Copper Accents. 1st Floor Bedroom offers great flexibility and could be used as a playroom or an office. The second floor has two bedrooms with brand new carpet and an Amazing Full Bath which has been fully remodeled with Radiant Heated Marble Floors, a Large Vanity, and an Elegantly Tiled Bathtub. Main bedroom has a Ceiling Fan and Walk In Closet and 2nd bedroom has a fun secret hideout closet. There is a Fun Workout Space in the Walkout Basement which also offers a 1 Car Garage and a Half Bath. You'll LOVE the new Patio and Fire Pit which has been the perfect space to host! Convenient to Downtown Reading and Wakefield!
MLS PIN #71942196
Feb 24, 2016
Sold
$313,000
$297/sq ft
Dec 24, 2015
Pending
—
Dec 18, 2015
Listed
$314,900
$299/sq ft
+11
Excellent West Side location. Great home for first time buyer to get into Wakefield. Open floor plan LR,DR,Kit. Large LR & DR open to eat-in Kitchen all update appliances. 2 Brs on 2nd fl and tile bath. 1 car garage under and level back yard.
Year
Property tax
Land + Additions
Assessment*
2025
$7,054 (+8.4%)
$396,600 + $224,900
$621,500
2024
$6,505 (+2.7%)
$368,900 + $209,300
$578,200
2023
$6,331 (+8.1%)
$344,300 + $195,400
$539,700
2022
$5,858 (+4.0%)
$307,400 + $168,100
$475,500
2021
$5,630 (+6.5%)
$281,100 + $161,200
$442,300
2020
$5,286 (+6.6%)
$263,500 + $150,400
$413,900
2019
$4,958 (+3.7%)
$246,000 + $140,400
$386,400
2018
$4,781 (+6.7%)
$235,000 + $134,200
$369,200
2017
$4,482 (−0.1%)
$219,600 + $124,400
$344,000
2016
$4,487 (+7.1%)
$216,800 + $115,800
$332,600
2015
$4,190 (+8.1%)
$202,600 + $108,200
$310,800
2014
$3,875 (−0.1%)
$197,600 + $105,600
$303,200
2013
$3,880 (+3.3%)
$197,600 + $118,100
$315,700
2012
$3,757 (+3.8%)
$197,600 + $118,100
$315,700
2011
$3,618 (+5.7%)
$197,600 + $118,100
$315,700
2010
$3,424 (+2.2%)
$202,300 + $112,400
$314,700
2009
$3,349
$206,400 + $114,700
$321,100
Public record
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1957
Finished Sq. Ft.
1,053
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,053
Year built
1923
Style
Single Family Residential
County
Middlesex County
APN
2982118S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
56% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Wakefield, MA • 01880
Average low and high temperatures (°F)
34
20
36
21
50
32
59
41
68
51
80
62
84
67
80
62
74
57
64
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 116 Parker Rd
$644,238
$9,238 over list price of $635K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $1.1M.