5 Park Ave, Wakefield, MA 01880
Property image
Property image
OFF MARKET

5 Park Ave
Wakefield, MA 01880

West Side
  • Studio

$902,600

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $5,451/mo*
Refinance Your Home

$902,600

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $5,451/mo*
Refinance Your Home
Studio

Home Value

Trulia Estimate
$903K
Since last month
Decreased$88K (-8.9%)
Since last year
Decreased$15K (-1.6%)
Since last sale
Increased$247K (+37.6%)
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 +34% in the last 10 years
MonthEstimated value
2026
August 2026$903K
July 2026$1.01M
June 2026$990K
May 2026$895K
April 2026$936K
March 2026$931K
February 2026$943K
January 2026$973K
2025
2024
2023
2021

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
2 Park Ave, Wakefield, MA
0.06
Single-Family Home
$850,000
09/08/25
5
2
5,445
71 Converse St, Wakefield, MA
0.22
Single-Family Home
$646,000
11/07/25
4
3
2,034
10 Converse St, Wakefield, MA
0.16
Single-Family Home
$875,000
12/30/25
3
1.5
2,309
31 Morrison Rd, Wakefield, MA
0.20
Single-Family Home
$1,100,000
10/15/25
5
2.5
2,425
26 Curve St, Wakefield, MA
0.33
Single-Family Home
$785,000
12/19/25
2
2
1,888
16 Mansion Rd, Wakefield, MA
0.22
Single-Family Home
$1,310,000
07/15/26
4
3
2,337
138 Prospect St, Wakefield, MA
0.25
Single-Family Home
$1,155,000
11/14/25
4
2.5
2,814
4 Adams St, Wakefield, MA
0.13
Single-Family Home
$2,112,500
03/03/26
6
5
5,400
40 Friend St, Wakefield, MA
0.39
Single-Family Home
$902,000
01/22/26
3
2
1,915
24 Bellevue Rd, Stoneham, MA
0.33
Single-Family Home
$920,000
07/23/26
4
2
1,865

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
2 Park Ave, Wakefield, MA 01880
0.06
$1,203,300
5
2
5,445
Off Market
9 Stedman St, Wakefield, MA 01880
0.07
$967,000
3
1.5
1,559
Off Market
24 Summit Ave, Wakefield, MA 01880
0.09
$1,223,100
4
2.5
2,583
Off Market
121 Chestnut St, Wakefield, MA 01880
0.08
$1,094,400
3
1.5
2,397
Off Market
8 Dell Ave, Wakefield, MA 01880
0.10
$815,000
3
2
2,338
Off Market
130 Chestnut St, Wakefield, MA 01880
0.11
$1,158,600
3
2.5
2,790
Off Market
44 Converse St, Wakefield, MA 01880
0.14
$852,200
3
1.5
1,536
Off Market
4 Adams St, Wakefield, MA 01880
0.13
$2,112,500
6
5
5,400
Recently Sold
10 Converse St, Wakefield, MA 01880
0.16
$875,000
3
1.5
2,309
Recently Sold
80 Chestnut St, Wakefield, MA 01880
0.15
$1,157,500
4
3.5
2,799
Off Market
13 Jordan Ave, Wakefield, MA 01880
0.20
$1,301,100
4
2.5
3,120
Off Market
90 Prospect St, Wakefield, MA 01880
0.18
$1,500,000
5
2.5
5,172
Recently Sold

Local Information

  • Map ViewExplore the area around 5 Park Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 5 Park Ave, Wakefield, MA. 5 Park Ave is in the West Side neighborhood in Wakefield, MA and in ZIP code 01880. This property has a lot size of 0.28 acres.
5 Park Ave, Wakefield, MA 01880 is a studio single-family home in West Side. It last sold for $656,000 on Aug 17, 2021. It is currently off market. The Trulia Estimate is $902,600, with a rent estimate of $4,453/month.

Home Details for 5 Park Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Aug 17, 2021
Source: MLS PIN #72848563
Sold
$656,000
Jun 25, 2021
Source: MLS PIN #72848563
Pending
$599,900
Jun 11, 2021
Source: MLS PIN #72848563
Listed For Sale
$599,900

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
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Around this home

Neighborhood Overview

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

What Locals Say about West Side

At least 39 Trulia users voted on each feature.

  • 98 % Say parking is easy

  • 93 % Say it's dog friendly

  • 91 % Say people would walk alone at night

  • 90 % Say there are sidewalks

  • 90 % Say there's holiday spirit

  • 86 % Say car is needed

  • 86 % Say kids play outside

  • 83 % Say yards are well-kept

  • 81 % Say streets are well-lit

  • 81 % Say it's quiet

  • 79 % Say they plan to stay for at least 5 years

  • 71 % Say neighbors are friendly

  • 67 % Say it's walkable to restaurants

  • 62 % Say there's wildlife

  • 60 % Say there are community events

  • 49 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We love dogs, they are always welcome! Messes are cleaned up and there are plenty of dog walkers and we also have dog parks in and around the area!"
    0
    Flag
  • Casey H.
    "Best place I know. Grew up here and bought a home to raise my children. Beat area I know. The schools are great. My kids still can play outside safely and I don’t have to worry. "
    4
    Flag
  • Eileen R.
    "Independence Day Parade Italian Festival Schools events Little League Community Events...….!!!!!!!!!!!"
    0
    Flag
  • Nicole C.
    "People frequently walk their dogs and even walk here from other neighborhoods. It is a safe neighborhood that is very dog friendly"
    0
    Flag
  • Universriot
    "4th of July Parade is the biggest in New England, light up of Hanukkah Menorah at Wakefield Common, every week there is some event near the lake Quannapowitt. "
    3
    Flag
  • Khintlian
    "Not a bad commute to the city. I feel as though Wakefield is a great central location. 95 south traffic is getting worse. North is better"
    2
    Flag
  • Denise D.
    "Nothing better than walking your dog around the lake!"
    0
    Flag
  • Denise D.
    "A little congested weekday mornings with traffic coming off of Route 128 and cutting through town to avoid the highway back up."
    0
    Flag
  • Denise D.
    "Beautiful Lake Quannapowitt, and very close to the center of town."
    0
    Flag
  • Denise D.
    "Lots of families with small children, and a lot of town activities for children."
    0
    Flag
  • Ian M.
    "Leash law and dog walkers are required to pick up after their dogs. There are a number of parks and access to Lake Quannapowitt."
    0
    Flag
  • Ian M.
    "It's an easy commute by car as route 128 is easily accessed. It is also on main MBTA bus and rail routes."
    0
    Flag
  • Ian M.
    "There are older homes that are well maintained, borders lake Quannapowitt."
    0
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  • Ian M.
    "The schools are five star rated. Sidewalks are well maintained. There are several, well maintained parks and playgrounds, and the jewel, Lake Quannapowitt."
    0
    Flag
  • Kathleen M.
    "A wonderful welcoming community, everyone is kind. There’s a beautiful lake to walk around with dogs kids or by yourself!"
    0
    Flag
  • Nicole C.
    "Great family neighborhood, lots of wonderful neighbors and beautiful trees and landscaping. Will never leave!"
    0
    Flag
  • Timothy L.
    "quite several, play ground ,walking around the lake ,church ,good schools, markets ,after school activities for kids , good roads , entertainment, nice restaurant, friendly people. "
    0
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  • Ahmet O.
    "More affordable than Winchester, Arlington, Lexington and the likes. But it is really a great town to live. The lake and park significantly contribute to the quality of life. A very child friendly, family oriented community but also a lot of young and active crowd. Good school system, great access to public transportation (train), and actually very conveniently located to access i-93 and I-95. Commute to the city is easier and shorter than some other towns closer to the city from sheer distance perspective. We are very happy that we left Arlington and moved to Wakefield. Nicer house, lower taxes and just better quality of life. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

17 pet-friendly rentals in Wakefield, MA

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Homes for sale near 5 Park Ave

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Off Market Homes Near 5 Park Ave

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Frequently asked questions about 5 Park Ave

  • What is 5 Park Ave estimated to be worth?
    Trulia's estimated value for 5 Park Ave in Wakefield, MA is $902,600.
  • What is the price history for 5 Park Ave?
    5 Park Ave in Wakefield, MA last sold for $656,000 in August 2021.
  • 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 5 Park Ave?
    The lot at 5 Park Ave in Wakefield, MA is about 0.28 acres (12,032 sq ft).