NOT LISTED FOR SALE

161 4th St Medford, MA 02155

Wellington Neighborhood

Estimated Value: $888,000 - $1,258,183

5 Beds
3 Baths
2,725 Sq Ft
$404/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $630,000 $231 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,818/month

2 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Jogging Path
  • Property is near public transit
  • Tennis Courts
  • Porch

About This Home

As of August 2022

INVESTORS/CONTRACTORS & CASH BUYERS ONLY - here's your chance to purchase a great investment on a centrally located, tree lined street.Less than 1 mile from Wellington MBTA Station & Station Landing, close proximity to Assembly Row and feet from major shopping & dining - this location is a commuter's dream.This home is a gut rehab requiring extensive work - 1st floor kitchen functioning, 2nd floor kitchen framed & 3rd floor bath needs repair.Extensive water damage has been noted; home needs heat & new roof.PROPERTY WILL NOT QUALIFY FOR CONVENTIONAL OR FHA FINANCING.Great winter project/condo conversion - many opportunities for this home.There's a finished 3rd floor walk up, high ceilings, 4 porches & plenty of parking.The property is being sold "AS-IS" buyers shall do their own due diligence to verify all information and should not rely on the listing brokerage information.GROUP SHOWINGS BY APPOINTMENT: THUR.12-1:30PM, FRI. 5-6:30PM & SAT. OH CANCELLED. DO NOT APPROACH PROPERTY.

Last Agent to Sell the Property

Sabrina Carr

William Raveis R.E. & Home Services Listed on: 09/19/2018

William Raveis R.E. & Home Services

Last Buyer's Agent

Boon Realty Advisors

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1920

Lot Details

  • 4,173 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,725 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mcglynn Elementary School
  • MHS High School

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:Q15 B:0039,643012

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,572

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 2725
  • Stories Total: 3
  • MAIN LO: M59500
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas,Unit Control), Unit 2(Forced Air,Gas,Unit Control)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Lot Info

  • Parcel Number: M:Q15 B:0039,643012
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4173
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5572

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Mhs
  • Elementary School: Mcglynn
  • Middle Or Junior School: Mcglynn/Andrews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Sep 19, 2022
Sold by
161 4Th Street Llc
Bought by
Boston Sfr 4Th Llc
Seller's Agent
Sabrina Carr
William Raveis R.E. & Home Services
Buyer's Agent
Boon Realty Advisors
eXp Realty
List Price
$470,000
Sold Price
$630,000
Premium/Discount to List
$160,000
34.04%
Current Estimated Value
$1,101,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,796
Avg. Annual Appreciation
18.22%
Original Mortgage
$1,100,000
Outstanding Balance
$1,045,611
Interest Rate
4.99%
Mortgage Type
Commercial
Estimated Equity
$56,185

Purchase Details

Listed on
Sep 19, 2018
Closed on
Aug 5, 2022
Sold by
Tullar Kenneth C
Bought by
161 4Th Street Llc
Seller's Agent
Sabrina Carr
William Raveis R.E. & Home Services
Buyer's Agent
Boon Realty Advisors
eXp Realty
List Price
$470,000
Sold Price
$630,000
Premium/Discount to List
$160,000
34.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,045,611
Interest Rate
4.99%
Mortgage Type
Commercial
Estimated Equity
$56,185

Purchase Details

Closed on
Sep 25, 2018
Sold by
Smith June F
Bought by
Tullar Kenneth C
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
Boston Sfr 4Th Llc $769,000 None Available
161 4Th Street Llc $630,000 None Available
Tullar Kenneth C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boston Sfr 4Th Llc $1,100,000
Closed 161 4Th Street Llc $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $630,000 +34.0% $231 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $470,000 -- $172 / 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 $12,473 $1,417,400 $315,000 $1,102,400
2024 $6,890 $808,700 $300,000 $508,700
2023 $6,749 $780,200 $280,400 $499,800
2022 $6,800 $754,700 $254,900 $499,800
2021 $6,381 $678,100 $242,700 $435,400
2020 $6,267 $682,700 $240,200 $442,500
2019 $5,857 $610,100 $206,900 $403,200
2018 $5,572 $544,100 $189,200 $354,900
2017 $5,219 $494,200 $176,900 $317,300
2016 $5,089 $454,800 $160,800 $294,000
2015 $4,792 $409,600 $153,100 $256,500
Source: Public Records

Agents Affiliated with this Home

  • Sabrina Carr

    Seller's Agent in 2022

    Sabrina Carr

    William Raveis R.E. & Home Services

    (781) 775-2895

    2 in this area

    131 Total Sales

    Sabrina Carr
    Section Image
  • Boon Realty Advisors

    Buyer's Agent in 2022

    Boon Realty Advisors

    eXp Realty

    (617) 964-3300

    1 in this area

    24 Total Sales

    Boon Realty Advisors
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72397738

MLS Property Information Network (MLS PIN)

APN: MEDF-000015-000000-Q000039

Massachusetts Middlesex County Medford 02155 Wellington

161 4th St, Medford, MA

Not Listed for Sale

MultiFamily

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