NOT LISTED FOR SALE

199 Forest St Medford, MA 02155

Lawrence Estates Neighborhood

Estimated Value: $1,119,000 - $1,357,288

5 Beds
2 Baths
3,118 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $900,000 $289 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,754/month

13 Days on Market

About This Home

As of March 2020

This is the investment property or condo conversion you have been waiting for! Live in one unit & collect income off the other or rent both units in a desirable Medford location on a corner lot! Convenient Forest Street location with easy access to Medford Square offering restaurants and amenities. Easy access to I93. This 2 family is currently leased with unit #1 (3 beds) rented at $2,400/month and unit #2 (4 beds) also rented at $2,400/month. Great income & great potential in a highly sought after market. 1st floor unit fully upgraded with new kitchen and bathroom as well as beautiful hardwood floors through out. Second floor unit offers great potential with a fantastic layout and access to bonus space on the 3rd floor. Great natural light with lots of windows plus three season porch. Two garage stalls for extra storage. Full basement with full ceiling height offers great potential to add additional storage or living space. All mechanicals Upgraded. Do not miss this investment GEM.

Last Agent to Sell the Property

DeRocker & Khoury

Compass Listed on: 11/19/2019

Co-Listed By

Brett DeRocker

First Boston Realty International

Last Buyer's Agent

Anna Mean

AC Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,092

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:I-10 B:0056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,092

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual, Approximate
  • List Price Per Sq Ft: 287.04
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2383
  • Main So: AN1647
  • Estimated Sq Ft: 3118.00

Exterior Features

  • Exterior: Vinyl
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 930100.00
  • Acre: 0.15
  • Lot Size: 6357.00
  • Page: 231
  • Parcel Number: M:I-10 B:0056
  • Zoning: RES/MULTI
  • Lot Description: Corner, Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 4800
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8929.00
  • Assessor Parcel Number: 634197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 26, 2020
Sold by
Sur James
Bought by
Cai Jiawen and Lu Yang G
Seller's Agent
DeRocker & Khoury
Compass
Buyer's Agent
Anna Mean
AC Realty
List Price
$895,000
Sold Price
$900,000
Premium/Discount to List
$5,000
0.56%
Total Days on Market
13
Current Estimated Value
$1,268,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,822
Avg. Annual Appreciation
6.06%
Original Mortgage
$620,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2011
Sold by
Bongiorno Peter
Bought by
Sur James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2008
Sold by
Forest Street Rt and Bongiorno Peter
Bought by
Bongiorno Peter
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
Cai Jiawen $900,000 None Available
Sur James $395,000 --
Bongiorno Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yang G $613,000
Closed Cai Jiawen $620,000
Previous Owner Sur James $309,000
Previous Owner Sur James $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $900,000 +0.6% $289 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $895,000 -- $287 / 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 $10,092 $1,184,500 $414,100 $770,400
2024 $10,092 $1,184,500 $414,100 $770,400
2023 $9,895 $1,143,900 $387,000 $756,900
2022 $9,990 $1,108,800 $351,900 $756,900
2021 $9,330 $991,500 $335,100 $656,400
2020 $9,374 $1,021,100 $343,700 $677,400
2019 $8,929 $930,100 $312,400 $617,700
2018 $8,488 $828,900 $284,000 $544,900
2017 $7,958 $753,600 $265,400 $488,200
2016 $7,657 $684,300 $241,300 $443,000
2015 $6,497 $555,300 $229,800 $325,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DeRocker & Khoury

    Compass

  • Brett DeRocker

    Seller Co-Listing Agent in 2020

    Brett DeRocker

    First Boston Realty International

    (617) 482-3333

    65 Total Sales

    Brett DeRocker
    Section Image

  • A

    Buyer's Agent in 2020

    Anna Mean

    AC Realty

    (781) 591-2256

    18 Total Sales

    Anna Mean
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72594051

MLS Property Information Network (MLS PIN)

APN: MEDF-000010-000000-I000056

Massachusetts Middlesex County Medford 02155 Lawrence Estates

199 Forest St, Medford, MA

This home is located at 199 Forest St, Medford, MA 02155 since 19 November 2019 and is currently estimated at $1,268,822, approximately $406 per square foot. This property was built in 1900. 199 Forest St is a home located in Middlesex County with nearby schools including Medford High School, Mystic Valley Regional Charter School, and St. Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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