Versatile with charm and modern updates! This stunning 2-family home is ideal for multi-generational living or rental income. 3 levels of living space! Full renovation of first two levels in 2001 and 3rd level in 2021. First unit has single-level living with a spacious eat-in kitchen, dining room, living room, 2 bedrooms (one bedroom currently used as a large pantry/laundry), and full bath. Second unit spans levels 2 & 3 with a bright kitchen, granite island, new appliances, dining/living area, 3 bedrooms, full bath with jacuzzi & walk-in shower, 3rd level with huge family room, bedroom, bonus room & 1/2 bath. Farmer’s porch, side deck, and basement with bathroom and potential for more finished space. Large corner lot with pull thru driveway, patio, firepit, basketball court, two sheds, and fenced yard. Near Lake Quannapowitt recreation, downtown restaurants, commuter rail to Boston, and Walton School! Home is pre-inspected.
Sold for $1,150,000
$1,150,000
40 Elm St, Wakefield, MA 01880
6beds
4,157sqft
2 Family - 2 Units Up/Down
Built in 1880
-- sqft lot
$1,273,000 Zestimate®
$277/sqft
$3,495 Estimated rent
Home value
$1,273,000
$1.13M - $1.43M
$3,495/mo
Zestimate® history
Owner options
List your home for rent
$3,495/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,495/mo
Rent Zestimate®
Refinance and save
$7,155/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,155/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Tami Mallett 603-986-4300,
Cameron Prestige - Amesbury 857-331-5127
Bought with:
Button and Co.
LAER Realty Partners
Source: MLS PIN,MLS#: 73373967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator
Features
- Ceiling Fan(s), Pantry, Bathroom With Tub, Stone/Granite/Solid Counters, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Family Room
- Flooring: Tile, Carpet, Hardwood
- Basement: Full,Interior Entry,Sump Pump,Concrete,Unfinished
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 4,157
- Total interior livable area: 4,157 sqft
- Finished area above ground: 4,157
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 10
Features
- Patio & porch: Porch, Deck - Composite, Patio
- Exterior features: Balcony
- Spa features: Bath
- Fencing: Fenced
Lot
- Size: 9,931 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 816740
- Zoning: GR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
Location
- Region: Wakefield
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $998,400
- Annual tax amount: $11,332
- Date on market: 1/10/2026
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $1,150,000+7%$277/sqft |
Source: MLS PIN #73373967 Report a problem | ||
| 5/30/2025 | Contingent | $1,075,000$259/sqft |
Source:  PrimeMLS #5040661 Report a problem | ||
| 5/13/2025 | Listed for sale | $1,075,000+367.4%$259/sqft |
Source: MLS PIN #73373967 Report a problem | ||
| 5/3/1996 | Sold | $230,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,332 +4% | $998,400 +3% |
| 2024 | $10,901 +3.6% | $969,000 +8% |
| 2023 | $10,527 +4.7% | $897,400 +10% |
| 2022 | $10,052 +10.8% | $815,900 +14.5% |
| 2021 | $9,074 +4% | $712,800 +4.3% |
| 2020 | $8,726 +3.1% | $683,300 +3.6% |
| 2019 | $8,465 +5.7% | $659,800 +6.7% |
| 2018 | $8,011 +4.4% | $618,600 +5% |
| 2017 | $7,676 +9.9% | $589,100 +13.7% |
| 2016 | $6,986 +7% | $517,900 +7% |
| 2015 | $6,527 +8.8% | $484,200 +3.2% |
| 2014 | $5,998 +4% | $469,300 0% |
| 2013 | $5,769 +1.1% | $469,400 -2.1% |
| 2012 | $5,708 +3.8% | $479,700 |
| 2011 | $5,497 +4.9% | $479,700 -0.4% |
| 2010 | $5,239 -0.5% | $481,500 -4.7% |
| 2009 | $5,267 +0.5% | $505,000 -7% |
| 2008 | $5,239 +1.4% | $542,900 |
| 2007 | $5,168 | $542,900 |
Find assessor info on the county website
Neighborhood: West Side
Nearby homes
- $963,9006 bd4 ba2.1k sqft38 Elm St, Wakefield, MA 01880Off Market
- $911,8004 bd2 ba2.6k sqft42 Elm St, Wakefield, MA 01880Off Market
- $645,3002 bd1 ba1.1k sqft13 Elm Sq, Wakefield, MA 01880Off Market
- $1,005,9006 bd3 ba2.7k sqft36 Elm St, Wakefield, MA 01880Off Market
- $906,3006 bd3 ba2.4k sqft44 Elm St, Wakefield, MA 01880Off Market
- $857,9003 bd2 ba1.4k sqft25 N Emerson St, Wakefield, MA 01880Off Market
- $741,7003 bd1 ba1.7k sqft11 Elm Sq, Wakefield, MA 01880Off Market
- $765,0004 bd2 ba2.3k sqft43 Elm St, Wakefield, MA 01880Sold
Nearby schools
GreatSchools rating
- 8/10Walton Elementary SchoolGrades: K-4Distance: 0.2 mi
- 7/10Galvin Middle SchoolGrades: 5-8Distance: 0.8 mi
- 7/10Wakefield Memorial High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,273,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,273,000
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Wakefield Topics
