NOT LISTED FOR SALE

306 Spring Street Extension Medford, MA 02155

Glenwood Neighborhood

Estimated Value: $957,485 - $1,095,000

5 Beds
2 Baths
2,184 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $860,000 $394 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,058/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Post and Beam
  • Porch

About This Home

As of December 2023

Great owner occupied or investment opportunity is at your fingertips here! Enjoy summer nights on the front porch. Enter the first floor with large coat closet and hardwood flooring throughout with the exception of the bath and kitchen area. Large living room with bow style windows lets the light shine in and warms the entire area. Full formal dining room with built in china cabinet. Updated kitchen with washer/dyer in unit. Additional storage space in back hall. Large porch in the rear of the home. Second level is identical - with the exception of a third bedroom. Attic space access off of the second floor landing for plenty of additional storage. There is hardwood under the wall to wall carpet. This home has been in the same family for 90+ years and was well cared for. Easy access to highway and amenities including the T, Boston, area hospitals.

Last Agent to Sell the Property

Christine Lynch

RE/MAX Innovative Properties Listed on: 10/18/2023

RE/MAX Innovative Properties

Co-Listed By

Josh Naughton Team

RE/MAX Innovative Properties

Last Buyer's Agent

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • Duplex
  • Post and Beam
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Roberts Elementary School
  • Mcglynn Middle School
  • Medford High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Rent includes unit 1(other (see remarks)), unit 2(other (see remarks))
  • Assessor Parcel Number J14/5///

Community Details

Amenities

  • Medical Services
  • Shops

Additional Features

  • 2 Units
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,536

Year Built

Built in 1928 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1928
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Basement: Full, Walk-Out Access
  • Living Area: 2184
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN3560
  • LIST PRICE PER Sq Ft: 389.19
  • PRICE PER Sq Ft: 393.77
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Porch,Deck - Wood,Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Post & Beam
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Public School, T-Station
  • Rent Includes: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: J14/5///
  • Zoning: Residentia
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3200
  • Lot Size Units: Acres
  • PAGE: 0572
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3536
  • Tax Book Number: 50507

Multi Family

  • Gross Income: 3600
  • Net Operating Income: 3600
  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Medford High
  • Elementary School: Roberts
  • Middle Or Junior School: Mcglynn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 5, 2023
Sold by
Lynch Virginia A Est and Lynch
Bought by
Fernandes Bruno R
Seller's Agent
Christine Lynch
RE/MAX Innovative Properties
Buyer's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Views
57
Current Estimated Value
$1,033,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,371
Avg. Annual Appreciation
10.68%
Original Mortgage
$645,000
Outstanding Balance
$634,558
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,813

Purchase Details

Closed on
Dec 24, 2007
Sold by
Lynch Bernard J and Lynch Virginia A
Bought by
Lynch Bernard J and Lynch Virginia A
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
Fernandes Bruno R $860,000 None Available
Lynch Bernard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandes Bruno R $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $860,000 +1.2% $394 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $850,000 -- $389 / 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 $6,950 $815,700 $296,700 $519,000
2024 $6,950 $815,700 $296,700 $519,000
2023 $6,809 $787,200 $277,300 $509,900
2022 $6,866 $762,000 $252,100 $509,900
2021 $6,440 $684,400 $240,100 $444,300
2020 $6,350 $691,700 $240,100 $451,600
2019 $6,045 $629,700 $218,300 $411,400
2018 $5,741 $560,600 $198,400 $362,200
2017 $5,380 $509,500 $185,500 $324,000
2016 $5,247 $468,900 $168,600 $300,300
2015 $5,001 $427,400 $160,600 $266,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73171764

MLS Property Information Network (MLS PIN)

APN: MEDF-000014-000000-J000005