OFF MARKET

Off market dec 2016 for $820K

$1,155,710

•

4,320

sq ft

16,18 Prospect, Wakefield, MA 01880

About this home

Unique offering of two home package. 16 AND 18 PROSPECT STREET WAKEFIELD with potentially sweeping views of Lake Quannapowitt the combined lots are 2/3 of an acre including a fully occupied 3 unit multifamily and single family colonial in need of repair. The combined lots includes approx 15417 sq ft of general residence zoning with the balance single residence. Rehab both for a family escape/ compound, income property in a prime location seconds from the lake, farmers market downtown shop, restaurants,train and a short ride to the highway or explore development opportunities.Either way the location warrants careful consideration so do your do diligence and make this opportunity a reality!

Multi-familyProperty Type

1920Year Built

0.68 acresLot Size

$268Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Gerald Barrett • Barrett, Chris. J., REALTORS®

Bought with Gerald Barrett • Barrett, Chris. J., REALTORS®

Redfin checked: a few seconds ago

•Source:MLS PIN #72040174

Redfin Estimate

$1,155,710

$336K since sold in December 2016$22K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.2% higher than the average sale price ($1.08M) of 6 comparable homes.

SOLD JUL 22, 2026
$975,000
A
5 beds3 baths3,358 sq ft
298 Woburn St, Reading, MA 01867
SOLD JUL 21, 2026
$1,025,000
B
3 beds2.5 baths2,589 sq ft
84 Curtis St, Reading, MA 01867
SOLD JUL 16, 2026
$1,130,500
C
4 beds2.5 baths1,964 sq ft
443 Summer Ave, Reading, MA 01867
SOLD JUL 30, 2026
$1,050,000
D
4 beds2 baths2,897 sq ft
83 Grand St, Reading, MA 01867
SOLD MAY 7, 2026
$1,430,000
E
4 beds2.5 baths2,542 sq ft
100 Prescott St, Reading, MA 01867
BOUGHT WITH REDFIN AUG 20, 2026
$860,000
F
4 beds2.5 baths2,711 sq ft
148 South St, Reading, MA 01867

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Earn from this home

Sell

$578,433

Est. take-home

List your home with Redfin and save $5,779

Market trends in 01880, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.4%

0.5% MoM

Median sale price

$788K

$17K MoM

Avg. days on market

21d

1 days MoM

Recently sold homes

7 MoM

New listings for sale

OPEN FRI, 1PM TO 2PM
$699,000
2 beds1.5 baths1,815 sq ft
2 Minot St, Wakefield, MA 01880
OPEN SUN, 12PM TO 2PM
$899,000
3 beds2.5 baths2,012 sq ft
57 Myrtle Ave #2, Wakefield, MA 01880
OPEN SUN, 12PM TO 2PM
$949,000
4 beds3 baths2,867 sq ft
57 Myrtle Ave #1, Wakefield, MA 01880
OPEN SAT, 12PM TO 1:30PM
$675,000
2 beds2 baths1,335 sq ft
65 Chestnut St #1, Wakefield, MA 01880
NEW 25 HRS AGO
$775,000
3 beds2 baths1,631 sq ft
11 Preston St, Wakefield, MA 01880
OPEN SAT, 11:30AM TO 1PM
$699,000
3 beds1.5 baths2,000 sq ft
77 Paon Blvd, Wakefield, MA 01880
OPEN SAT, 10AM TO 12:30PM
$650,000
2 beds2 baths994 sq ft
69 Foundry St #401, Wakefield, MA 01880
$325,000
1 bed1 bath588 sq ft
3 Richardson St Unit B4, Wakefield, MA 01880
$415,000
2 beds1 bath936 sq ft
26 Chestnut St #16, Wakefield, MA 01880
OPEN SAT, 1PM TO 2PM
$439,900
1 bed1 bath697 sq ft
1 Millbrook Ln #314, Wakefield, MA 01880
See all

Provided by Redfin

Sale history for 16,18 Prospect

Year

Property tax

Land + Additions

Assessment*

2026

$10,595 (+6.7%)

$439,900 + $462,600

$902,500

2025

$9,927 (+5.9%)

$426,300 + $448,300

$874,600

2024

$9,371 (+2.7%)

$406,000 + $427,000

$833,000

2023

$9,121 (+6.6%)

$379,000 + $398,600

$777,600

2022

$8,554 (+9.6%)

$338,400 + $355,900

$694,300

2021

$7,802 (+5.9%)

$317,000 + $295,900

$612,900

2020

$7,367 (+3.2%)

$298,300 + $278,600

$576,900

2019

$7,137 (+3.9%)

$287,700 + $268,600

$556,300

2018

$6,871 (+2.3%)

$274,300 + $256,300

$530,600

2017

$6,714 (+10.5%)

$266,400 + $248,900

$515,300

2016

$6,076 (+2.1%)

$247,200 + $203,200

$450,400

2015

$5,953 (+5.5%)

$242,400 + $199,200

$441,600

2014

$5,644 (+10.0%)

$242,400 + $199,200

$441,600

2013

$5,132 (+1.7%)

$218,400 + $199,200

$417,600

2012

$5,046 (+3.8%)

$218,400 + $205,600

$424,000

2011

$4,859 (+3.8%)

$218,400 + $205,600

$424,000

2010

$4,683 (+1.8%)

$219,800 + $210,600

$430,400

2009

$4,599

$219,800 + $221,100

$440,900

Tax history for 16,18 Prospect

Year

Property tax

Land + Additions

Assessment*

2026

$10,595 (+6.7%)

$439,900 + $462,600

$902,500

2025

$9,927 (+5.9%)

$426,300 + $448,300

$874,600

2024

$9,371 (+2.7%)

$406,000 + $427,000

$833,000

2023

$9,121 (+6.6%)

$379,000 + $398,600

$777,600

2022

$8,554 (+9.6%)

$338,400 + $355,900

$694,300

2021

$7,802 (+5.9%)

$317,000 + $295,900

$612,900

2020

$7,367 (+3.2%)

$298,300 + $278,600

$576,900

2019

$7,137 (+3.9%)

$287,700 + $268,600

$556,300

2018

$6,871 (+2.3%)

$274,300 + $256,300

$530,600

2017

$6,714 (+10.5%)

$266,400 + $248,900

$515,300

2016

$6,076 (+2.1%)

$247,200 + $203,200

$450,400

2015

$5,953 (+5.5%)

$242,400 + $199,200

$441,600

2014

$5,644 (+10.0%)

$242,400 + $199,200

$441,600

2013

$5,132 (+1.7%)

$218,400 + $199,200

$417,600

2012

$5,046 (+3.8%)

$218,400 + $205,600

$424,000

2011

$4,859 (+3.8%)

$218,400 + $205,600

$424,000

2010

$4,683 (+1.8%)

$219,800 + $210,600

$430,400

2009

$4,599

$219,800 + $221,100

$440,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

1957

Sq. Ft.

2,196

Year built

1830

Style

Multi-Family (2-4 Unit)

County

Middlesex County

APN

3188988S

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 29, 2026.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 12
Parking Features: Paved Drive

Interior

Bathroom Information
# of Bathrooms (Full): 5
# of Bathrooms (Half): 1

Basement Information
Basement: Full

Interior Features
# of Rooms (Total): 18

Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: N

Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N

Exterior

Building Information
Building Area (Total): 4,320
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Color: White

Exterior Features
Roof: Shingle

Property Information
PropertySubType: 3 Family
Has Waterview
Lake

Lot Information
Lot Size (Acres): 0.68
Lot Features: Corner Lot, Wooded
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $11,616.24
Tax Year: 2016

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Location

Location Information
Directions: Corner of Cedar
UnparsedAddress: 16,18 Prospect, Wakefield MA 01880

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 2,196
Stories: 2.0
Lot Size: 0.35 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1830
Year Renovated: 1957
County: Middlesex County
APN: 3188988S

Home facts updated by county records on Sep 29, 2026

Other

Listing Information
Exclusions: Tenant Possessions
StandardStatus: Closed

Around this home

Schools

Walton Elementary School

Public K-4 • Assigned • 0.3mi

8/10

Galvin Middle School

Public 5-8 • Assigned • 0.6mi

7/10

Wakefield Memorial High School

Public 9-12 • Assigned • 1.6mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 hot days expected this year, 15 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

Air Factor

We're working on getting current and accurate air risk information for this home.

Provided by First Street

Historical weather

Wakefield, MA • 01880

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.10M – $1.33M

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New listings for sale in 01880

OPEN FRI, 1PM TO 2PM

$699,000

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2 Minot St, Wakefield, MA 01880

OPEN SUN, 12PM TO 2PM

$899,000

3 beds2.5 baths2,012 sq ft

57 Myrtle Ave #2, Wakefield, MA 01880

OPEN SUN, 12PM TO 2PM

$949,000

4 beds3 baths2,867 sq ft

57 Myrtle Ave #1, Wakefield, MA 01880

OPEN SAT, 12PM TO 1:30PM

$675,000

2 beds2 baths1,335 sq ft

65 Chestnut St #1, Wakefield, MA 01880

NEW 25 HRS AGO

$775,000

3 beds2 baths1,631 sq ft

11 Preston St, Wakefield, MA 01880

OPEN SAT, 11:30AM TO 1PMHOT HOME

$699,000

3 beds1.5 baths2,000 sq ft

77 Paon Blvd, Wakefield, MA 01880

OPEN SAT, 10AM TO 12:30PM

$650,000

2 beds2 baths994 sq ft

69 Foundry St #401, Wakefield, MA 01880

$325,000

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Home values near 16,18 Prospect

Data from public records.

Address	Redfin Estimate
3 Prospect St, Wakefield, MA 4 Beds \| 2 Baths \| 2500 Sq. Ft.	$1,045,990
22 Prospect St, Wakefield, MA 3 Beds \| 2 Baths \| 2418 Sq. Ft.	$1,072,513

Address	Redfin Estimate
1 Prospect St, Wakefield, MA 2 Beds \| 2 Baths \| 1997 Sq. Ft.	$933,885
24 Prospect St, Wakefield, MA 2 Beds \| 2 Baths \| 2188 Sq. Ft.	$816,943

Address	Redfin Estimate
18 Prospect St, Wakefield, MA 4 Beds \| 1.5 Baths \| 2124 Sq. Ft.	$1,035,868
26 Prospect St, Wakefield, MA 5 Beds \| 2 Baths \| 3023 Sq. Ft.	$854,151

Property information provided by MLS PIN when last listed in 2016. This data may not match . Learn more.

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