Seller's Agent in 2024
Jill McTague
RE/MAX
(781) 956-6862
8 in this area
153 Total Sales
17 Tesla Ave Medford, MA 02155
Medford Hillside NeighborhoodEstimated Value: $1,211,045 - $1,493,000
7
Beds
2
Baths
2,976
Sq Ft
$457/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Mud Room
- Property is near public transit
- Sun or Florida Room
- Jogging Path
About This Home
As of March 2024Nestled in the heart of a prime Tufts University location, this expansive two-family home beckons with promise & potential. Investors keen on the rental market will appreciate the dual-income potential that a two-family home brings. With the demand for rental properties in proximity to educational institutions, this residence could serve as a lucrative source of income. An oversized two family with this much space in one of the most desirable areas of Medford does not come along very often. The close proximity to all the shops & restaurants that Medford has to offer is ideal for any homeowner & having Tufts University directly across the street is a landlords dream! Finding renters has never been an issue for this seller. Both units boast large eat in kitchens, charming built-ins & carpeting throughout with potentially gorgeous floors underneath. Plenty of storage, off street parking, steps to the new Green Line & large backyard makes this the best deal in Medford.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,115
Year Built
- Built in 1900
Lot Details
- 5,749 Sq Ft Lot
- Level Lot
Home Design
- Block Foundation
- Stone Foundation
Interior Spaces
- 2,976 Sq Ft Home
- Property has 1 Level
- Central Vacuum
- Mud Room
- Living Room
- Dining Room
- Sun or Florida Room
- Storage
Kitchen
- Range
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- Enclosed Patio or Porch
- 2 Heating Zones
Listing and Financial Details
- Total Actual Rent $2,400
- Assessor Parcel Number M:R05 B:0011,643181
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2020
Sold by
Polley Matthew D and Polley Thomas J
Bought by
17 Tesla Avenue Irt and Polley-Berte
Current Estimated Value
Purchase Details
Closed on
Oct 4, 2020
Sold by
Polley Ft and Polley
Bought by
Polley Matthew D and Polley Thomas J
Purchase Details
Closed on
Nov 6, 2006
Sold by
Donald H Polley Int H and Donald Polley
Bought by
Polley Donald H and Polley Matthew Donald
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 17 Tesla Avenue Irt | -- | None Available | |
| Polley Matthew D | -- | None Available | |
| Polley Donald H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elston Enterprises Llc | $1,180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $1,430,000 | +36.2% | $481 / Sq Ft |
| 01/23/2024 01/23/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | For Sale | $1,050,000 | -- | $353 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,301 | $974,300 | $401,300 | $573,000 |
| 2024 | $8,301 | $974,300 | $401,300 | $573,000 |
| 2023 | $8,115 | $938,100 | $375,100 | $563,000 |
| 2022 | $8,145 | $904,000 | $341,000 | $563,000 |
| 2021 | $7,669 | $815,000 | $324,700 | $490,300 |
| 2020 | $7,632 | $831,400 | $333,000 | $498,400 |
| 2019 | $7,264 | $756,700 | $302,700 | $454,000 |
| 2018 | $6,909 | $674,700 | $275,200 | $399,500 |
| 2017 | $6,487 | $614,300 | $257,200 | $357,100 |
| 2016 | $6,319 | $564,700 | $233,800 | $330,900 |
| 2015 | $5,932 | $507,000 | $222,700 | $284,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jill McTague
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73194005
APN: MEDF-000005-000000-R000011
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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