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12 Gates Ln

Wakefield, MA 01880

3 bd 3 ba 2,002 sqft Built 2008 condos
Most recent sale
$800,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $800,000 MLS #72945099
Feb 22, 2022 Listed $719,900 MLS #72945099
Dec 22, 2020 Sold $665,000 MLS #72747282

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $725,000 $725,000 $8,229
2024 $757,200 $757,200 $8,519
2023 $698,200 $698,200 $8,190
2022 $644,500 $644,500 $7,940
2021 $541,700 $541,700 $6,896
2020 $523,600 $523,600 $6,686
2019 $487,500 $487,500 $6,255
2018 $487,400 $487,400 $6,312
2017 $451,300 $451,300 $5,880
2016 $440,100 $440,100 $5,937
2015 $431,300 $431,300 $5,814
2014 $423,000 $423,000 $5,406

Property facts

Year built
2008
Property type
condos
Stories
Beds
3
Baths
3
Living area
2,002 sqft
Lot size
ZIP code
01880
City
Wakefield
Street
Gates Ln
Coordinates
42.48566, -71.06710

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,806
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 12 Gates Ln last sell?
12 Gates Ln most recently sold on Mar 30, 2022 for $800,000.
What is the current tax assessment for 12 Gates Ln?
The most recent total assessment for 12 Gates Ln (year 2025) is $725,000 with $8,229 in property tax.
How does 12 Gates Ln's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $800,000.
When was 12 Gates Ln built?
12 Gates Ln was built in 2008.
How does 12 Gates Ln compare to others on Gates Ln?
We track 7 other properties on Gates Ln. Browse the list under "Other properties on Gates Ln" to compare beds, baths, and sale history.
What are the property facts for 12 Gates Ln?
12 Gates Ln is a 3 bed, 3 bath, 2,002 sqft condos.
Is 12 Gates Ln a flip candidate?
Yes — 12 Gates Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12 Gates Ln a tax-appeal candidate?
No — 12 Gates Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$832.4K
2026 Q4
$835.3K
ZIP 01880 — Median Price History + Forecast

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