NOT LISTED FOR SALE

Estimated Value: $1,421,000 - $1,648,020

9 Beds
3 Baths
4,074 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $1,053,000 $258 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,878/month

7 Days on Market

About This Home

As of August 2019

There has never been a better time or place to invest in the real estate market. This home is perfect for any investor or owner occupied buyer because it has the proximity to transportation that most commuters want so renting the units will be easy. Finding an oversized three family home this close to Station Landing and Assembly Row, with all of its restaurants and shops, is like finding a needle in a haystack. Each unit boasts hardwood floors, large updated kitchen and baths, 3 bedrooms and a bonus room that can be a 4th bedroom or office plus plenty of storage space. Two of the units feature granite counters and stainless steel appliances and all 3 bathrooms have been tastefully remodeled. The walk-in kitchen pantries, the newly painted interior hallways, 4 car paved driveway, and large back decks make this home the best deal in Medford. Don't miss this opportunity. Unit 3 has been de-leaded and letter is attached

Last Agent to Sell the Property

Jill McTague

RE/MAX Andrew Realty Services Listed on: 04/30/2019

RE/MAX Andrew Realty Services

Last Buyer's Agent

Annemarie Torcivia

Trinity Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,571

Year Built

  • Built in 1900

Lot Details

  • 3,485

Flooring

  • Wood
  • Tile

Outdoor Features

  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:J-13 B:0145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,571

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 240.30
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Yes, Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: AC2354
  • Main So: BB3227
  • Estimated Sq Ft: 4074.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station

Schools

  • High School: Medford High

Lot Info

  • Assessments: 678700.00
  • Acre: 0.08
  • Lot Size: 3426.00
  • Page: 253
  • Parcel Number: M:J-13 B:0145
  • Zoning: multi
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 4325
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6950.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Yalamati Phani K and Vemuri Pavan K
Bought by
Fellsway Ventures Llc
Current Estimated Value
$1,524,005

Purchase Details

Closed on
Jun 26, 2020
Sold by
Fellsway Ventures Llc
Bought by
Yalamati Phani K and Vemuri Pavan K

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 17, 2019
Sold by
Yalamati Phani K and Vemuri Pavan K
Bought by
Fellsway Ventures Llc
Seller's Agent
Jill McTague
RE/MAX Andrew Realty Services
Buyer's Agent
Annemarie Torcivia
Trinity Real Estate
List Price
$979,000
Sold Price
$1,053,000
Premium/Discount to List
$74,000
7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Apr 30, 2019
Closed on
Aug 8, 2019
Sold by
Song Xiaomin and Zhu Yimin
Bought by
Yalamati Phani K and Vemuri Pavan K
Seller's Agent
Jill McTague
RE/MAX Andrew Realty Services
Buyer's Agent
Annemarie Torcivia
Trinity Real Estate
List Price
$979,000
Sold Price
$1,053,000
Premium/Discount to List
$74,000
7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,750
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jan 7, 2013
Sold by
Blaise Pierre and Blaise Garthline
Bought by
Song Xiomin and Zhu Yimin
Seller's Agent
Lucien Nere
Pena Realty Corporation
Buyer's Agent
Edward Mullowney
Flagship Homes
List Price
$529,900
Sold Price
$430,000
Premium/Discount to List
-$99,900
-18.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$322,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Blaise Garthline
Bought by
Blaise Garthline and Blaise Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fellsway Ventures Llc -- None Available
Yalamati Phani K -- None Available
Fellsway Ventures Llc -- --
Yalamati Phani K $1,053,000 --
Song Xiomin $430,000 --
Blaise Garthline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yalamati Phani K $789,750
Previous Owner Song Xiomin $322,500
Previous Owner Blaise Garthline $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $1,053,000 +7.6% $258 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $979,000 +127.7% $240 / Sq Ft
01/07/2013 01/07/13 Sold $430,000 -18.9% $102 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $529,900 -- $126 / 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 $9,571 $1,123,300 $225,600 $897,700
2024 $9,571 $1,123,300 $225,600 $897,700
2023 $9,481 $1,096,100 $210,900 $885,200
2022 $9,498 $1,054,200 $191,700 $862,500
2021 $9,195 $977,200 $182,600 $794,600
2020 $8,027 $874,400 $182,600 $691,800
2019 $7,118 $741,500 $166,000 $575,500
2018 $6,950 $678,700 $150,900 $527,800
2017 $6,408 $606,800 $141,000 $465,800
2016 $6,059 $541,500 $128,200 $413,300
2015 $5,871 $501,800 $122,100 $379,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72489775

MLS Property Information Network (MLS PIN)

APN: MEDF-000013-000000-J000145