NOT LISTED FOR SALE

1540 Mystic Valley Pkwy Medford, MA 02155

West Medford Neighborhood

Estimated Value: $1,140,000 - $1,609,000

6 Beds
3 Baths
2,612 Sq Ft
$516/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $855,000 $327 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,180/month

47 Days on Market

Highlights

  • River View
  • Enclosed Patio or Porch
  • Covered Deck
  • Wood Flooring

About This Home

As of July 2018

Commuters Dream! Come home to character, charm & have your tenant pay your mortgage in this 2 Unit Multi-Family move in ready home with garage, plenty of parking & large level yard for summer fun. Great investment property too. 1ST floor unit features 2 BDRMS, Full Bath, Beamed Ceiling Dining RM, Living Room, Kitchen, enclosed porch and deck. 2nd unit features two levels with 4 BDRMS, 2 full baths, Kitchen, Living Room, Beamed Ceiling Dining RM, Bonus Room, enclosed porch & deck. Basement has plenty of storage & room for potential renovation. Stroll with family & your dog along Mystic River or view from home. New vinyl siding (11/2017), new gas heating systems (11/2017), updated electric, updated roof (2011), updated Harvey windows (2005), hardwood floors, ceiling fans, enclosed porches, decks, plenty of storage and more. Nothing to do but enjoy!

Last Agent to Sell the Property

Evelyn Rockas

Coldwell Banker Realty - Lynnfield Listed on: 03/08/2018

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Chris Mehr

Full Circle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,233

Year Built

  • Built in 1920

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Additional Features

  • River Views
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,233

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 333.04
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: K95001
  • Main So: AN0919
  • Estimated Sq Ft: 2612.00

Exterior Features

  • Waterview Features: River
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Covered Patio/Deck, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School, University

Lot Info

  • Assessments: 707600.00
  • Acre: 0.16
  • Lot Size: 7150.00
  • Page: 563
  • Zoning: SF1
  • Lot Description: Paved Drive, Level, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7245.82
  • Assessor Parcel Number: 637039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Gray Peter J
Bought by
Maslak Noureddine and Amore-Maslak Rosanne
Current Estimated Value
$1,347,212

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jul 2, 2018
Sold by
Deluca David J
Bought by
Gray Peter D
Seller's Agent
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Chris Mehr
Full Circle Realty LLC
List Price
$899,900
Sold Price
$855,000
Premium/Discount to List
-$44,900
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$782,966
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1992
Sold by
Vecchiarelli Ft
Bought by
Deluca David J and Deluca Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Maslak Noureddine $1,280,000 None Available
Gray Peter D $855,000 --
Deluca David J $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Peter D $782,966
Previous Owner Deluca David J $143,000
Previous Owner Deluca David J $240,000
Previous Owner Deluca David J $220,000
Previous Owner Deluca David J $165,000
Previous Owner Deluca David J $166,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $855,000 -1.7% $327 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/15/2018 04/15/18 Price Changed $869,900 -3.3% $333 / Sq Ft
03/08/2018 03/08/18 For Sale $899,900 -- $345 / 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 $10,233 $1,201,000 $430,900 $770,100
2024 $10,233 $1,201,000 $430,900 $770,100
2023 $10,015 $1,157,800 $402,700 $755,100
2022 $10,102 $1,121,200 $366,100 $755,100
2021 $8,980 $954,300 $348,600 $605,700
2020 $7,980 $869,300 $357,600 $511,700
2019 $7,604 $792,100 $325,100 $467,000
2018 $7,246 $707,600 $295,500 $412,100
2017 $6,816 $645,500 $276,100 $369,400
2016 $6,648 $594,100 $251,100 $343,000
2015 $6,311 $539,400 $239,100 $300,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72291044

MLS Property Information Network (MLS PIN)

APN: MEDF-000001-000000-L000002