NOT LISTED FOR SALE

1 Lorraine Rd Medford, MA 02155

West Medford Neighborhood

Estimated Value: $849,000 - $917,000

3 Beds
2 Baths
1,400 Sq Ft
$624/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $615,000 $439 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,152/month

4 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • Attic
  • Central Air

About This Home

As of May 2020

Introducing 1 Lorraine Rd in Medford Ma. This bright, charming 3 bed, 1.5 bath home is conveniently located near the Winchester line, just minutes to Medford Square, Winchester Center, Tufts University, and West Medford commuter rail service to Boston. The sunny south-facing living room opens to a spacious dining room, which adjoins a modern kitchen with wraparound granite counters. Upstairs are 3 bedrooms and a recently remodeled bathroom, and the house features hardwood floors and fresh paint throughout. Outdoor life beckons as well, with a large sun-drenched corner lot and short walks to parks, playing fields, tennis courts, and trailheads leading into Middlesex Fells Reservation. Come enjoy life in this wonderful home!

Last Agent to Sell the Property

Kenny Leva

Gibson Sotheby's International Realty Listed on: 04/02/2020

Gibson Sotheby's International Realty

Last Buyer's Agent

Elaine Evans Group

RE/MAX Generations

RE/MAX Generations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1939

Lot Details

  • 6,534

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Attic
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:H-05 B:0005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,857

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 435.64
  • Comp Based On: Net Sale Price
  • Year Built: 1939
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Laminate, Hardwood, Vinyl / VTC
  • Interior Amenities: Walk-up Attic
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 9.7X16.9, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 11.11X10.2, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 11.11X10.10, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Dimension: 13.5X11.10, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Breakfast Bar / Nook
  • Kitchen: On Level: First Floor, Dimension: 13.5X13.1, Bathroom - Half, Flooring - Hardwood, Flooring - Laminate, Breakfast Bar / Nook, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 12X17, Fireplace, Flooring - Hardwood, Main Level
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Sump Pump, Concrete Floor
  • Main Lo: BB5918
  • Main So: AN4643
  • Estimated Sq Ft: 1400.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Sewage District: MWRA
  • Cooling: Central Air
  • Heating: Steam, Oil
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 611500.00
  • Acre: 0.15
  • Lot Size: 6717.00
  • Page: 148
  • Parcel Number: M:H-05 B:0005
  • Zoning: res
  • Lot Description: Corner

Tax Info

  • Taxes: 5614.00
  • Assessor Parcel Number: 632916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Min Dong J and Min Yoshim
Bought by
Ramesh Rashmi and Sreevalsan Jayaram
Current Estimated Value
$873,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramesh Rashmi $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramesh Rashmi $584,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $615,000 +0.8% $439 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $609,900 -- $436 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,857 $779,200 $492,100 $287,100
2024 $6,401 $751,300 $468,600 $282,700
2023 $6,089 $703,900 $437,900 $266,000
2022 $5,903 $655,200 $398,100 $257,100
2021 $5,758 $611,900 $379,200 $232,700
2020 $5,614 $611,500 $379,200 $232,300
2019 $5,373 $559,700 $344,700 $215,000
2018 $5,268 $514,500 $313,300 $201,200
2017 $5,105 $483,400 $292,800 $190,600
2016 $4,780 $427,200 $266,200 $161,000
2015 $4,660 $398,300 $253,500 $144,800
Source: Public Records

Agents Affiliated with this Home

  • Kenny Leva

    Seller's Agent in 2020

    Kenny Leva

    Gibson Sothebys International Realty

    (978) 877-8194

    1 in this area

    171 Total Sales

    Kenny Leva
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72639041

MLS Property Information Network (MLS PIN)

APN: MEDF-000005-000000-H000005

Massachusetts Middlesex County Medford 02155 West Medford

1 Lorraine Rd, Medford, MA

Not Listed for Sale

Detached

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