Active
42 Days on market
42 Salem St #A Wakefield — Photo 1 of 29

42 Salem St #A Wakefield — Photo 1 of 29

Recent Drop: $20,900

$649,900
$629,000

$629,000

20% down, 6.5% rate, 30-year fixed

Includes taxes, insurance and HOA. Estimate only.

Listing updated Oct 31, 2026

42 Salem St #A, Wakefield, MA 01880

Wakefield, MA 01880

Investor Analysis

Beds

3

Baths

1.5

SqFt

1,563

$/SqFt

$402

Style

Condominium

Built

1978

Enjoy the space and privacy of a single-family home with the ease of condo living at Unit A in Colonial Green Estates. This three-bedroom, 1.5-bath townhome offers three finished levels, including a finished basement with a separate bonus office, laundry, and storage. Central air, gas heat, private outdoor space, and two assigned parking spots directly in front make everyday living easy.The location is another major standout. Lake Quannapowitt and downtown Wakefield are approximately a five-minute walk away, with restaurants, coffee shops, scenic trails, community events, and the commuter rail nearby. Market Basket, Whole Foods, Stop & Shop, MarketStreet Lynnfield, and I-95 are also within easy reach.

Key facts

It was listed on September 30, 2026. The price has come down from an original $669,900 to $629,000 across 2 changes, most recently on October 27, 2026. The annual property taxes are $6,227 (2025 tax year). The condo fee is $567 per month. Its asking price works out to $402 per square foot, 25% below the median of $539 among 22 condos listed in Wakefield, MA.

How it compares

Against 22 condos listed in Wakefield, MA, by asking price.

Price per sq ft
$402 · 25% below the median ($539)
Size
1,563 sq ft · 46% above the median (1,071 sq ft)
Asking price
$629,000 · 3% below the median ($647,450)

Compares asking prices of homes for sale now; it isn't an appraisal or an estimate of this home's value.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$402/sqft
Local Avg (Wakefield)$545/sqft
26% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.

Property Details

Financials

Original Price$669,900
Annual Taxes$6,227
HOA Fee$567/mo

Parking

Garage--
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces--
FlooringTile, Vinyl, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningGR

Property & Lot

Acres100
SqFt Lot4,356,000
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
Basement
Family Room
Main,First
Living RoomKitchenBathroom 1

Living Room

Lvl Main,First

19.666666666 x 14.333333333

Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead

Kitchen

Lvl Main,First

19.666666666 x 13.75

Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Recessed Lighting, Lighting - Overhead

Family Room

Lvl Basement

18.25 x 14.5

Flooring - Vinyl, Recessed Lighting

Primary Bedroom

Lvl Second

14.75 x 11.333333333

Closet, Flooring - Wall to Wall Carpet

Bedroom 2

Lvl Second

13.75 x 11.333333333

Bedroom 3

Lvl Second

11.416666666 x 8

Closet, Flooring - Wall to Wall Carpet

Bathroom 1

Lvl Main,First

7.416666666 x 4.916666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2

Lvl Second

8 x 7.416666666

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce

Property History

Price over time

Filled points are sales; dashed lines span time off the market.

  1. Price Drop

    $629,000

    Was $649,900

    Oct 27, 2026

    MLS® 73584446

  2. Price Drop

    $649,900

    Was $669,900

    Oct 12, 2026

    MLS® 73584446

  3. Listed

    $669,900

    Sep 30, 2026

    MLS® 73584446

Questions about this home

When was 42 Salem St #A, Wakefield listed?

42 Salem St #A, Wakefield was listed on September 30, 2026.

Has the price of 42 Salem St #A, Wakefield changed?

The price has come down from an original $669,900 to $629,000 across 2 changes, most recently on October 27, 2026.

What are the property taxes for 42 Salem St #A, Wakefield?

The annual property taxes for 42 Salem St #A, Wakefield are $6,227 (2025 tax year).

What is the condo fee at 42 Salem St #A, Wakefield?

The condo fee is $567 per month.

How does the price per square foot of 42 Salem St #A, Wakefield compare with other condos in Wakefield, MA?

42 Salem St #A, Wakefield is listed at $402 per square foot, 25% below the median of $539 among 22 condos listed in Wakefield, MA.

What is the status of 42 Salem St #A, Wakefield?

42 Salem St #A, Wakefield is actively listed for sale.

Population

27,793

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

29.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,876 housing units permitted in the last 12 months (+15% vs the prior 12 months) — 1,887 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Aug '26)

Listing Provided By

Listing Agent: Erica Covelle

Listing Office: Compass

MLS® Number: 73584446