$1,125,000

5 Memory Ln Wakefield, MA 01880

$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,856 sqft
0.3 acres
$394 / sqft
House

Property details

About 5 Memory Ln

Take a stroll down Memory Lane in this beautiful West Side center entrance colonial on a quiet cul de sac! Bright and airy first floor features updated kitchen with white shaker cabinetry, marble countertops, stainless steel appliances and coffee bar with mini fridge. The extensive island is the perfect spot for entertaining guests and hosting holidays. Open concept living room/dining room is a warm and inviting space, perfect for relaxing and gatherings. On the second level, spacious primary suite offering full bath and a large walk in closet. Second floor has 2 additional bedrooms, a full bath with laundry, and an office. Unique and versatile media room on 3rd floor. Bonus room in the basement is perfect for a gym or home office. Beautifully landscaped yard with a deck, farmer’s porch, and patio/basketball court. Property is convenient to downtown, Lake Quannapowitt and Routes 93/95. Showings start at Thursday open house.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
(New)
CoolingCentral Air
Size2,856 sqft
BasementYes
Lot size0.33 Acres
Year built1998
ParkingAttached, Under, Garage Door Opener, Paved Drive, Off Street, Paved
MLS #73396319
Attached garage2 spaces
FireplaceDining Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Cooler, Plumbed For Ice Maker
  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl
  • Interior: Ceiling Fan(s), Cable Hookup, Open Floorplan, Lighting - Pendant, Lighting - Overhead, Recessed Lighting, Window Seat, Living/Dining Rm Combo, Office, Media Room, Bonus Room, Sauna/Steam/Hot Tub, Wet Bar, High Speed Internet
  • Fireplace: Dining Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Under, Garage Door Opener, Paved Drive, Off Street, Paved
  • Exterior: Porch, Deck - Composite, Hot Tub/Spa, Sprinkler System, Fenced Yard, Stone Wall
  • Architectural Style: Colonial
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $1,125,000
  • Price/SqFt: $393
  • Annual Tax Amount: $10,899
  • Tax Year: 2024
  • Lot: Sloped
  • Directions: Parker to Elm to Memory
  • Year Built: 1998
  • Living Area: 2,856 SqFt
  • Lot Size: 0.33 Acres
  • MLS Number: 73396319
  • MLS Name: MLS Property Information Network
  • Office Name: Barrett, Chris. J., REALTORS®
  • Office Phone: (781) 245-5011
  • Listing Agent: Jacqueline Green

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5 Memory Ln, Wakefield, MA 01880 - view of front facade featuring a chimney and covered porch

$1,125,000

5 Memory Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 29, 2005
Home Sold
$582,000
Sep 03, 1998
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2024$968,800$10,899
2023$905,400$10,620
2022$823,100$10,141
2021$726,100$9,243
2020$726,100$9,272
2019$700,800$8,991

History based on county public records data.

Nearby schools

10

Walton Elementary School

Public District KG-4

0.3 mi

18 Davidson Rd

8

Joshua Eaton Elementary School

Public District KG-5

1.1 mi

365 Summer Ave

6

Robin Hood Elementary School

Public District PK-4

1.3 mi

70 Oak St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,292. Typical income of Wakefield, MA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
42%
35k-100k
29%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
3%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 Memory Ln

The listing price of 5 Memory Ln property is $1,125,000.

The property 5 Memory Ln is a house located in Wakefield, Massachusetts, 01880.

Active Listing: 5 Memory Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5 Memory Ln are: Walton Elementary School (GreatSchools Rating 10/10), Joshua Eaton Elementary School (GreatSchools Rating 8/10), Robin Hood Elementary School (GreatSchools Rating 6/10), Galvin Middle School (GreatSchools Rating 6/10), Walter S. Parker Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 6/10), Reading Memorial High School (GreatSchools Rating 8/10), Wakefield Memorial High School (GreatSchools Rating 8/10), Stoneham High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $10,899 (source: MLS/based on county public records data).

The last sale was on June 29, 2005 for $582,000 (source: MLS/tax record).

The property at 5 Memory Ln has 3 bedrooms and 2 full and 1 half bathrooms.

The property 5 Memory Ln is 2,856 SqFt (source: MLS/tax record).

The year of construction for 5 Memory Ln is 1998.

This home is located at 5 Memory Ln in Wakefield, MA and zip code 01880. This 2,856 square foot home, which was built in 1998, sits on a 0.33 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $1,125,000.

In May 2025, from all listings sold in Wakefield, MA there were more than 14 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. Between April and May 2025, Wakefield, MA real estate market has seen increase in the number of listings by 18.9%. Listings spent 20 days on the market in May 2025, and had a median list price of $777,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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