NOT LISTED FOR SALE

Estimated Value: $551,000 - $595,000

2 Beds
2 Baths
1,047 Sq Ft
$400/mo HOA Fee

Last Sold July 31, 2024

Last sale price $556,000 $531 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,736/month

6 Days on Market

Highlights

  • Marina
  • Clubhouse
  • Wood Flooring
  • Fitness Center
  • Property is near public transit
  • Sauna

About This Home

As of July 2024

Rare Opportunity at Parkway Plaza in Medford. This condo features 2 bedrooms and 2 bathrooms, offering a spacious living and dining area, a well-equipped kitchen with stainless steel appliances, and updated bathrooms. Hardwood floors throughout. All-in-one washer and dryer in unit. Central air. Private balcony. This condo has 1 assigned parking spot and a storage locker. Multiple bus stops. Minutes to Orange Line Train, Route 93 and Boston. Minutes to Mystic River Reservation & Marina, Sylvester Baxter Riverfront Park, Harris Playground, Station Landing & the vibrant and ever-expanding Assembly Row w/all the new bars, shops, restaurants & entertainment it offers. Walking distance to Costco, Target, Stop and shop, and Wegmans. Professionally managed complex, common area has an updated gym, sauna room, outdoor pool w/gas grills & club room. Tenant has a lease that expires August 31, 2024, but it is open to negotiation.

Last Agent to Sell the Property

Tao Liu

Macross Real Estate Listed on: 06/10/2024

Last Buyer's Agent

Adam Sinewitz

29 Realty Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1987

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Insulated Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System

Additional Features

  • Energy-Efficient Thermostat
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 644505

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 114 Units
  • High-Rise Condominium
  • Parkway Plaza South Condominium Community
  • Near Conservation Area

Amenities

  • Common Area
  • Shops
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,929

Year Built

Built in 1987

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Hardwood
  • Entry Location: Unit Placement(Ground)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Flooring - Vinyl
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Flooring - Vinyl
  • Room Dining Room Features: Closet, Flooring - Hardwood, Balcony - Exterior
  • Room Dining Room Level: Main,First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Closet, Flooring - Hardwood
  • Laundry Features: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Closet, Flooring - Hardwood, Balcony - Exterior
  • Basement: N
  • Living Area: 1047
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN7969
  • MAIN SO: AN6997

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s), Fitness Center, Sauna/Steam, Clubroom, Storage
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 644505
  • Zoning: Residental
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3929

Multi Family

  • Number Of Units Total: 114
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Medford High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 19, 2016
Sold by
Chau Tak and Chau Sau W
Bought by
Lin Hongkun and Chen Xiao
Seller's Agent
Cindy Wu
Century 21 North East
Buyer's Agent
Cindy Wu
Century 21 North East
List Price
$415,000
Sold Price
$383,000
Premium/Discount to List
-$32,000
-7.71%
Current Estimated Value
$569,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,285
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Elias Rt and Ortiz
Bought by
Chau Tak and Chau Sau Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Hongkun $383,000 --
Chau Tak $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chau Tak $66,500
Previous Owner Chau Tak $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $556,000 +4.9% $531 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $530,000 0.0% $506 / Sq Ft
08/25/2021 08/25/21 Rented -- -- --
08/22/2021 08/22/21 Under Contract -- -- --
08/17/2021 08/17/21 For Rent $2,300 0.0% --
08/19/2016 08/19/16 Sold $383,000 -4.0% $366 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Pending -- -- --
07/01/2016 07/01/16 Price Changed $399,000 -3.9% $381 / Sq Ft
06/09/2016 06/09/16 For Sale $415,000 -- $396 / 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 $4,216 $479,100 $0 $479,100
2024 $3,929 $461,100 $0 $461,100
2023 $3,816 $441,100 $0 $441,100
2022 $3,911 $434,100 $0 $434,100
2021 $4,250 $451,700 $0 $451,700
2020 $4,058 $442,000 $0 $442,000
2019 $3,984 $415,000 $0 $415,000
2018 $3,750 $366,200 $0 $366,200
2017 $3,503 $331,700 $0 $331,700
2016 $3,113 $278,200 $0 $278,200
2015 $3,104 $265,300 $0 $265,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250179

MLS Property Information Network (MLS PIN)

APN: MEDF-000017-000000-U009012