NOT LISTED FOR SALE

244 Central Ave Unit 1 Medford, MA 02155

Glenwood Neighborhood

Estimated Value: $752,000 - $878,000

2 Beds
2 Baths
1,272 Sq Ft
$408/mo HOA Fee

Last Sold September 06, 2022

Last sale price $670,000 $527 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,078/month

41 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Patio
  • Landscaped Professionally
  • Jogging Path
  • 3-minute walk to Morrison Park

About This Home

As of September 2022

Live life luxuriously in this newer construction two-bed, two-bath condo where sophistication, smart design choices, and natural light flow throughout. Rich hardwood flooring gently guides you towards the heart of the home - the kitchen. Lined with custom cabinets, quartz counters, and stainless appliances, creating the perfect setting for any home chef. Spend time lounging in the living and dining area with a built-in breakfast bar and space for a home office - perfect for a vibrant professional lifestyle. This beautiful condo is steps from the MBTA bus lines, close to downtown Boston, 2 miles from Assembly Row, and 1 mile from Malden and Wellington MBTA Stations, making your daily commute effortless. Note-worthy amenities include Google smart home technology, Nest thermostats, motion sensors, an intercom, two deeded parking spaces, spa-like bathrooms, storage space, in-unit laundry, a pet-friendly environment, and a shared patio space. Make your next move one to Central Avenue!

Last Agent to Sell the Property

Frank Interrante

Allton Realty, LLC Listed on: 06/10/2022

Last Buyer's Agent

Ming Yan Allen Leung

William Raveis R.E. & Home Services License #449592939

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 2018

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting

Kitchen

  • Oven
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range
  • ENERGY STAR Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Patio
  • Landscaped Professionally

Listing and Financial Details

  • Assessor Parcel Number 5077396

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 8 Units
  • Low-Rise Condominium
  • 244 Central Avenue Condominium Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,398

Year Built

Built in 2018

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 2018
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Cooktop,Range - ENERGY STAR,Rangetop - ENERGY STAR,Oven - ENERGY STAR, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Basement: N
  • Living Area: 1272
  • Stories Total: 1
  • MAIN LO: AN1943
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Decorative Lighting, Professional Landscaping
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 408.21
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 5077396
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5398

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 6, 2022
Sold by
Lighthouse Rt
Bought by
Keung-Lau Steven K
Seller's Agent
Frank Interrante
Allton Realty, LLC
Buyer's Agent
Ming Yan Allen Leung
William Raveis R.E. & Home Services
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$793,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,868
Avg. Annual Appreciation
5.36%
Original Mortgage
$536,000
Outstanding Balance
$507,135
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,733

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 14, 2019
Sold by
244 Central Avenue Llc
Bought by
Lighthouse Rt
Seller's Agent
Kristin Gennetti
Century 21 North East
Buyer's Agent
Dennis Goodwin
Advise Realty
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$390,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Keung-Lau Steven K $670,000 None Available
Lighthouse Rt $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keung-Lau Steven K $536,000
Previous Owner Lighthouse Rt $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2022 09/06/22 Sold $670,000 -1.3% $527 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/17/2022 06/17/22 Price Changed $679,000 -2.9% $534 / Sq Ft
06/10/2022 06/10/22 For Sale $699,000 0.0% $550 / Sq Ft
04/15/2021 04/15/21 Rented $2,695 0.0% --
04/01/2021 04/01/21 Under Contract -- -- --
03/30/2021 03/30/21 Price Changed $2,695 -3.8% $2 / Sq Ft
03/15/2021 03/15/21 For Rent $2,800 0.0% --
11/18/2019 11/18/19 Sold $525,000 -4.5% $413 / Sq Ft View Prior Sale
10/14/2019 10/14/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $549,900 -- $432 / 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 $5,923 $673,100 $0 $673,100
2024 $5,672 $665,700 $0 $665,700
2023 $5,565 $643,300 $0 $643,300
2022 $5,275 $585,500 $0 $585,500
2021 $5,399 $573,700 $0 $573,700
2020 $5,366 $584,500 $0 $584,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72996180

MLS Property Information Network (MLS PIN)

APN: MEDF-L-14 4301