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57 Melvin St

Wakefield, MA 01880

6 bd 4 ba 2,762 sqft Built 1920 Lot 9,075 sqft multi_family
Most recent sale
$980,000
Jan 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2022 Sold $980,000 MLS #72918641
Nov 10, 2021 Listed $975,000 MLS #72918641
Aug 29, 2013 Sold $215,000 MLS #71462555
Dec 5, 2012 Listed $249,000 MLS #71462555

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $549,000 $377,100 $926,100 $10,511
2024 $545,800 $375,000 $920,800 $10,359
2023 $481,500 $342,000 $823,500 $9,660
2022 $300,300 $311,400 $611,700 $7,536
2021 $276,500 $290,300 $566,800 $7,215
2020 $258,400 $271,400 $529,800 $6,766
2019 $241,600 $258,000 $499,600 $6,410
2018 $217,800 $238,000 $455,800 $5,903
2017 $203,500 $222,500 $426,000 $5,551
2016 $178,700 $210,400 $389,100 $5,249
2015 $167,000 $196,600 $363,600 $4,901
2014 $160,500 $189,100 $349,600 $4,468
2006 $186,800 $204,100 $390,900 $3,631
2005 $170,300 $191,900 $362,200 $3,282
2004 $112,700 $126,300 $239,000 $2,725
2003 $112,700 $126,300 $239,000 $2,643

Property facts

Year built
1920
Property type
multi_family
Stories
3
Beds
6
Baths
4
Living area
2,762 sqft
Lot size
9,075 sqft
ZIP code
01880
City
Wakefield
Street
Melvin St
Coordinates
42.49829, -71.06086

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,010
Gross rental yield
9.81%
Implied cap rate
6.38%
Trend-extrapolated value

Frequently asked questions

When did 57 Melvin St last sell?
57 Melvin St most recently sold on Jan 27, 2022 for $980,000.
What is the current tax assessment for 57 Melvin St?
The most recent total assessment for 57 Melvin St (year 2025) is $926,100 with $10,511 in property tax.
How does 57 Melvin St's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $980,000.
When was 57 Melvin St built?
57 Melvin St was built in 1920.
How does 57 Melvin St compare to others on Melvin St?
We track 5 other properties on Melvin St. Browse the list under "Other properties on Melvin St" to compare beds, baths, and sale history.
What are the property facts for 57 Melvin St?
57 Melvin St is a 6 bed, 4 bath, 2,762 sqft, 9,075 sqft lot multi_family.
Is 57 Melvin St a flip candidate?
No — 57 Melvin St does not appear in our flips dataset.
Is 57 Melvin St a tax-appeal candidate?
No — 57 Melvin St 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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