NOT LISTED FOR SALE

Estimated Value: $1,075,000 - $1,225,000

4 Beds
2 Baths
2,112 Sq Ft
$539/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $840,000 $398 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,991/month

16 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • 4-minute walk to Playstead Park

About This Home

As of September 2018

LOCATION, LOCATION, LOCATION!! Just steps from the West Medford commuter rail stop, Playstead Park and the adorable cafes, restaurants and shops of W. Medford Square, this location is an absolute winner! This well maintained 2 family home is perfect for investors, condo conversion or owner occupants. The first floor offers a great open floor plan with a beautiful new granite and stainless steel kitchen and an updated full bath. Generous bedrooms with great closets and a lovely back yard. The second floor unit is in good condition and offers plenty of potential with its over sized living room and open floor plan. Bright kitchen with in unit washer and dryer, large bedrooms and closets, beautiful sunlight and hardwood floors throughout. This home has a solid rental history and will be delivered vacant. Don't miss this chance to invest one of the areas hottest real estate markets.. Medford is on the rise!!

Last Agent to Sell the Property

Taleen Chiofaro

Leading Edge Real Estate Listed on: 07/10/2018

Leading Edge Real Estate

Last Buyer's Agent

Loraine Murtagh

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1935

Lot Details

  • 4,356

Flooring

  • Wood
  • Tile

Additional Features

  • Enclosed Patio or Porch
  • Electric Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,310

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 407.15
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1935
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Main Lo: AN4643
  • Main So: K95001
  • Estimated Sq Ft: 2112.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station

Schools

  • High School: Medford HS

Lot Info

  • Assessments: 616000.00
  • Acre: 0.10
  • Lot Size: 4350.00
  • Page: 172
  • Zoning: res
  • Lot Description: Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6307.84
  • Assessor Parcel Number: 633728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 7, 2018
Sold by
Marvell Tod H and Marvell Danielle M
Bought by
Desrosiers James M and Desrosiers Paula S
Seller's Agent
Taleen Chiofaro
Leading Edge Real Estate
Buyer's Agent
Loraine Murtagh
Coldwell Banker Realty - Lexington
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%
Current Estimated Value
$1,150,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,123
Avg. Annual Appreciation
4.48%
Original Mortgage
$462,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 11, 2014
Sold by
Southwick Michael J and Southwick Timothy F
Bought by
Marvell Tod H and Marvell Danielle M
Seller's Agent
Jill Citrano
Leading Edge Real Estate
Buyer's Agent
Rick Connors
Gibson Sotheby's International Realty
List Price
$569,000
Sold Price
$610,000
Premium/Discount to List
$41,000
7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$488,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Desrosiers James M $840,000 --
Marvell Tod H $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desrosiers James M $570,000
Closed Desrosiers James M $462,000
Previous Owner Marvell Tod H $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $840,000 -2.3% $398 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $859,900 -4.3% $407 / Sq Ft
07/10/2018 07/10/18 For Sale $899,000 +47.4% $426 / Sq Ft
08/11/2014 08/11/14 Sold $610,000 +7.2% $289 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $569,000 -- $269 / 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 $8,310 $975,400 $413,000 $562,400
2024 $8,310 $975,400 $413,000 $562,400
2023 $8,118 $938,500 $385,900 $552,600
2022 $8,141 $903,500 $350,900 $552,600
2021 $7,643 $812,200 $334,100 $478,100
2020 $7,529 $820,100 $334,100 $486,000
2019 $7,166 $746,500 $303,700 $442,800
2018 $6,308 $616,000 $276,100 $339,900
2017 $5,937 $562,200 $258,100 $304,100
2016 $5,780 $516,500 $234,600 $281,900
2015 $5,493 $469,500 $223,500 $246,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72359491

MLS Property Information Network (MLS PIN)

APN: MEDF-000003-000000-I000059