48 Madison Ave, Wakefield, MA 01880
OFF MARKET

$748,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,078 sqft

48 Madison Ave, Wakefield, MA 01880

Greenwood
Est. Refi. Payment $4,499/mo*
Refinance Your Home
Currently Off Market - Sold Apr 29, 2014 for $333,500

Home Value

Trulia Estimate
$748K
Since last month
Decreased$1K (-0.2%)
Since last year
Increased$10K (+1.3%)
Since last sale
Increased$416K (+124.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +100% in the last 10 years
MonthEstimated value
2026
August 2026$750K
August 2026$749K
July 2026$751K
June 2026$761K
May 2026$765K
April 2026$749K
March 2026$746K
February 2026$714K
January 2026$705K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
39 Pine St, Wakefield, MA
0.02
Single-Family Home
$810,000
10/27/25
3
2
1,254
5 Harrison Ave, Wakefield, MA
0.12
Single-Family Home
$700,000
11/06/25
4
1.5
1,916
34 Greenwood Ave, Wakefield, MA
0.07
Single-Family Home
$888,000
08/14/26
3
1.5
1,432
16 Orchard Ave, Wakefield, MA
0.29
Single-Family Home
$820,000
05/27/26
3
1.5
1,263
24 Myrtle Ave, Wakefield, MA
0.24
Single-Family Home
$849,000
01/08/26
3
3
1,797
3 Gladstone St, Wakefield, MA
0.34
Single-Family Home
$859,900
11/12/25
3
1.5
1,660
35 Kendrick Rd, Wakefield, MA
0.20
Single-Family Home
$999,999
07/27/26
3
2.5
1,927
17 Vale Rd, Wakefield, MA
0.33
Single-Family Home
$780,000
06/01/26
3
1.5
1,100
18 Hanson St, Wakefield, MA
0.31
Single-Family Home
$975,001
07/27/26
4
2
1,503
6 Findlay St, Wakefield, MA
0.28
Single-Family Home
$930,000
08/21/26
4
2.5
1,982

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
39 Pine St, Wakefield, MA 01880
0.02
$822,300
3
2
1,254
Off Market
56 Madison Ave, Wakefield, MA 01880
0.03
$859,100
3
1.5
1,482
Off Market
34 Greenwood Ave, Wakefield, MA 01880
0.07
$888,000
3
1.5
1,432
Recently Sold
47 Pine St, Wakefield, MA 01880
0.04
$914,000
3
1.5
2,189
Off Market
32 Pine St, Wakefield, MA 01880
0.11
$781,400
4
1
2,276
Off Market
54 Pine St, Wakefield, MA 01880
0.07
$747,200
3
1.5
1,162
Off Market
1052 Main St #2, Wakefield, MA 01880
0.12
$626,500
4
2
2,581
Off Market
1068 Main St #1068, Wakefield, MA 01880
0.12
$600,000
3
2
1,627
Recently Sold
1008 Main St #B, Wakefield, MA 01880
0.16
$618,300
2
1.5
1,452
Off Market
1086-1088 Main St, Wakefield, MA 01880
0.12
$880,000
4
2
2,140
Recently Sold
12 Babson St, Wakefield, MA 01880
0.11
$672,900
3
1
1,750
Off Market
5 Harrison Ave, Wakefield, MA 01880
0.12
$922,800
4
1.5
1,916
Off Market

Local Information

  • Map ViewExplore the area around 48 Madison Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1927
2,078 sqft
$360/sqft
Garage

About this House

Charming Bungalow style home in popular Greenwood area on highly sought after street. Close to school & public transportation just a short walk to Train Station. Refinished hardwood floors throughout 1st floor, fireplaced living room, new windows, built-in hutch in dining room, new roof, nicely fenced in yard. Oversized 1 car garage has plenty of storage space. Partially finished walk-out basement has great space, washer/dryer, and cedar closet, could be a great space for playroom, or office with private entrance. This home needs some cosmetics and 2nd floor oversized bedroom with additional room waiting for your finishing touches.
48 Madison Ave, Wakefield, MA 01880 is a 3 bedroom, 2 bathroom, 2,078 sqft single-family home in Greenwood, built in 1927. It last sold for $333,500 on Apr 29, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $748,000, with a rent estimate of $4,180/month.

Home Details for 48 Madison Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: OilAir ConditioningHeating Fuel: Oil
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other, Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1927Year Updated: 2005
Property Type / Style
Property Type: Single Family HomeArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Apr 29, 2014
Source: N/A
Sold
$333,500
Mar 19, 2014
Source: Agent Provided
Pending
$359,900
Mar 18, 2014
Source: Agent Provided
Listed For Sale
$359,900
Dec 12, 2013
Source: Agent Provided
ListingRemoved
$359,000
Nov 23, 2013
Source: Agent Provided
PriceChange
$359,000
Price decreased by 3%

Market trends in Wakefield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$809K
$3.25KMoM
Sale-to-List Price
—
Price per sq ft
$490
$22MoM
Available listings
56
2MoM

Around this home

Neighborhood Overview

Greenwood
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Greenwood

At least 19 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 97 % Say there's holiday spirit

  • 96 % Say parking is easy

  • 96 % Say kids play outside

  • 89 % Say they plan to stay for at least 5 years

  • 88 % Say people would walk alone at night

  • 86 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 83 % Say streets are well-lit

  • 80 % Say yards are well-kept

  • 75 % Say neighbors are friendly

  • 73 % Say car is needed

  • 71 % Say it's quiet

  • 56 % Say there are community events

  • 52 % Say there's wildlife

  • 29 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "been here 6 years and my neighbors and the neighborhood is the best. We all watch out for one another. It is a very peaceful area and very safe."
    0
    Flag
  • Trulia User
    "digs and walkers are always around. very friendly and secure neighborhood. everyone looks out for each other."
    0
    Flag
  • Trulia User
    "Dog owners love this neighborhood low traffic, and plenty of sidewalk space plenty of places to let the dog off the leash and run parks etc"
    0
    Flag
  • Trulia User
    "Many families in the area, with great fields, parks, and stores within walking distance. All this but still private little neighborhoods."
    0
    Flag
  • Trulia User
    "Lots of people walk their dogs around. Always friendly. Nice fields to let them loose in. Everyone is respectful"
    0
    Flag
  • Kaitlyn S.
    "Halloween is a big event . Every house is a party . My husband and I know just about everyone on our street!! We have bbq and fires with the neighbors all summer ."
    0
    Flag
  • Kaitlyn S.
    "I’ve lived in this area for 5 years now . It’s like it’s own tiny community. Everyone is very friendly and knows one another . The elementary school is excellent and the commuter rail in a walk away "
    0
    Flag
  • Sam C.
    "We are huge dog lovers and there are great places to take them for long walks."
    0
    Flag
  • Sam C.
    "The commute is very simple. There are many different ways you can use to get to the heart of Greenwood."
    0
    Flag
  • Sam C.
    "It is a small little community within a bigger town."
    0
    Flag
  • Sam C.
    "It is a GREAT place to raise kids and the school is an awesome place to learn."
    0
    Flag
  • Rebecca R.
    "We do like dogs."
    0
    Flag
  • Rebecca R.
    "It's very beautiful with nice people."
    0
    Flag
  • David S.
    "There are lots of areas to walk dogs in Greenwood, and there is access to 20 acres of town owned. Ther are woods that you can access through the playground. Veterinary services are available in Wakefield, Melrose, Stoneham, Saugus, and Reading, and most are only a few miles from Greenwood."
    0
    Flag
  • David S.
    "The rail and bus service can take you to Boston and the easy access to major highways makes commuting easy."
    0
    Flag
  • David S.
    "Quiet area, friendly neighbors, suburban bordering on rural, not crowded, lots of small businesses, but no heavy industry. Lots of trees, nice homes and scenery. Easy access to major highways, lots of places to eat or shop, no crime, fire station nearby, prompt police response if needed, & good roads. Also, local bank has a Greenwood office, and you don't have to go far to find what you need. Just a nice environment to live in. Plus, rail service to Boston, and to points North as well."
    0
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  • David S.
    "It is NOT a rough neighborhood, nor any criminal activity here. Children are safe here. We all look out for each other. Preschool and grammar school are centrally located, and bus service is provided."
    0
    Flag
  • Huyen N.
    "Beautiful wood areas with many hiking trails. Generally quiet and pretty safe neighborhood with nice neighbors."
    0
    Flag
  • Jennifer
    "Lakes, friendly, clean, close to major highways, good schools, amazing restaurants, youth sports, lovely people "
    0
    Flag
  • Ruth J.
    "Very dog friendly and most people pick up after their dogs. There is also a dog park on Main Street and when I drive by, I always look to see if anyone is there and it puts a smile on my face."
    0
    Flag
  • Ruth J.
    "Very easy to get by through any means of transportation. There is a bus line and the commuter rail and I've been seeing a lot of bike riding."
    0
    Flag
  • Ruth J.
    "There's Greenwood Plaza which has much to offer."
    0
    Flag
  • Ruth J.
    "The school system is very good. They also have Kumon Learning Center, which I sent my two children to for math and reading comprehension."
    0
    Flag
  • Ehlocke
    "I actually know my neighbors. Kids walk to school together. I get a text if I leave my garage door open. Very friendly area. "
    0
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  • Mj S.
    "Desirable Greenwood neighborhood is walkable and family friendly. Wonderful neighborhood community. Walking distance (5-10 minutes) to Greenwood Station commuter rail to downtown Boston. Town plows sidewalk in front of house. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 48 Madison Ave

  • What is 48 Madison Ave estimated to be worth?
    Trulia's estimated value for 48 Madison Ave in Wakefield, MA is $748,000.
  • What is the price history for 48 Madison Ave?
    48 Madison Ave in Wakefield, MA last sold for $333,500 in April 2014.
  • Is Wakefield a buyer's or seller's market?
    Wakefield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Wakefield?
    The median sale price in Wakefield is $809K. That is up $3.25K from the prior month.
  • How big is the lot at 48 Madison Ave?
    The lot at 48 Madison Ave in Wakefield, MA is about 0.14 acres (6,098 sq ft).
  • Does 48 Madison Ave have a garage?
    Yes, 48 Madison Ave in Wakefield, MA has a garage.

Explore by feature - Pet Friendly

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