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55 Spring St

Wakefield, MA 01880

3 bd 2 ba 1,550 sqft Built 1957 Lot 12,197 sqft single_family
Most recent sale
$825,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $825,000 MLS #73030154
Aug 29, 2022 Listed $780,000 MLS #73030154
Jan 9, 2019 Sold $610,000 MLS #72427926
Nov 29, 2018 Listed $589,900 MLS #72427926
Nov 4, 2014 Price changed $349,900 MLS #71747543
Oct 21, 2014 Price changed $359,900 MLS #71747543
Oct 6, 2014 Price changed $379,900 MLS #71747543
Sep 23, 2014 Listed $389,900 MLS #71747543
Aug 31, 2006 Sold $360,000 MLS #70188709
May 9, 2005 Listed $389,900 MLS #70188709

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $344,100 $390,800 $734,900 $8,341
2024 $334,000 $379,300 $713,300 $8,025
2023 $309,400 $351,200 $660,600 $7,749
2022 $281,300 $319,300 $600,600 $7,399
2021 $238,800 $296,700 $535,500 $6,817
2020 $195,000 $284,400 $479,400 $6,122
2019 $188,200 $274,600 $462,800 $5,938
2018 $176,500 $257,400 $433,900 $5,619
2017 $168,000 $245,200 $413,200 $5,384
2016 $167,000 $226,600 $393,600 $5,310
2015 $156,100 $211,900 $368,000 $4,961
2014 $151,300 $205,300 $356,600 $4,557
2006 $138,200 $216,700 $354,900 $3,297
2005 $138,200 $216,700 $354,900 $3,215
2004 $115,800 $136,300 $252,100 $2,874
2003 $115,800 $129,500 $245,300 $2,713

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,550 sqft
Lot size
12,197 sqft
ZIP code
01880
City
Wakefield
Street
Spring St
Coordinates
42.47582, -71.07135

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
$4,495
Gross rental yield
6.54%
Implied cap rate
4.25%
Trend-extrapolated value

Frequently asked questions

When did 55 Spring St last sell?
55 Spring St most recently sold on Oct 20, 2022 for $825,000.
What is the current tax assessment for 55 Spring St?
The most recent total assessment for 55 Spring St (year 2025) is $734,900 with $8,341 in property tax.
How does 55 Spring St's assessment compare to its last sale price?
The current assessment is 10.9% below the last sale price of $825,000.
When was 55 Spring St built?
55 Spring St was built in 1957.
How does 55 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 55 Spring St?
55 Spring St is a 3 bed, 2 bath, 1,550 sqft, 12,197 sqft lot single_family.
Is 55 Spring St a flip candidate?
No — 55 Spring St does not appear in our flips dataset.
Is 55 Spring St a tax-appeal candidate?
No — 55 Spring 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
+5.9%
Implied 1-yr
+23.7%
2026 Q3
$1.02M
2026 Q4
$1.07M
ZIP 01880 — Median Price History + Forecast

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