Seller's Agent in 2018
Evelyn Ullman
Coldwell Banker Realty - Lynnfield
(617) 816-4777
1 in this area
39 Total Sales
347 Salem St Medford, MA 02155
Glenwood NeighborhoodEstimated Value: $1,047,000 - $1,381,000
9
Beds
4
Baths
4,021
Sq Ft
$289/Sq Ft
Est. Value
About This Home
As of June 2018**TAKING BACKUP OFFERS** Large Medford 2 family with solid rent roll grossing $75,600 annually. This is could be your cash cow! Both units are on leases with young professional tenants who pay the rent on time. Unit 1 currently used as 5 BR/2 Bath, Unit 2 is 4BR/2 Bath. 2 new gas boilers were installed in July 2017. Situated on a corner lot with 2 car garage and paved driveway. Very well-cared for over the years by current owners. Excellent opportunity to buy and hold in an up-and-coming area close to Assembly Row and new Wegman's. Easy access to downtown Boston via 325 Express Bus and Orange Line T. Plenty of square footage in each apartment, a lot of potential in this property for investors and owner occupants alike. Showings only at scheduled group showings Fri 4/20 3:30-4:30pm, Sun 4/22 11am-12:30pm. Offers will be reviewed Tuesday 4/24 at 11am.
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 01/21/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 4,792
Parking
- 2 Car Garage
Flooring
- Wood
- Laminate
- Tile
Additional Features
- Enclosed Patio or Porch
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2018
Closed on
Jun 5, 2018
Sold by
Matthews Margaret
Bought by
Fattahi Amirali
Seller's Agent
Evelyn Ullman
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Evelyn Ullman
Coldwell Banker Realty - Lynnfield
List Price
$859,000
Sold Price
$901,000
Premium/Discount to List
$42,000
4.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,302
Avg. Annual Appreciation
3.43%
Original Mortgage
$630,700
Outstanding Balance
$544,216
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$616,086
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fattahi Amirali | $901,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fattahi Amirali | $630,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2018 06/05/18 | Sold | $901,000 | +4.9% | $224 / Sq Ft |
| 04/24/2018 04/24/18 | Pending | -- | -- | -- |
| 04/17/2018 04/17/18 | For Sale | $859,000 | -4.7% | $214 / Sq Ft |
| 04/13/2018 04/13/18 | Off Market | $901,000 | -- | -- |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 01/21/2018 01/21/18 | For Sale | $859,000 | -- | $214 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,139 | $1,038,500 | $329,800 | $708,700 |
| 2024 | $8,396 | $985,500 | $314,000 | $671,500 |
| 2023 | $8,235 | $952,000 | $293,500 | $658,500 |
| 2022 | $8,337 | $925,300 | $266,800 | $658,500 |
| 2021 | $7,799 | $828,800 | $254,100 | $574,700 |
| 2020 | $7,670 | $835,500 | $251,400 | $584,100 |
| 2019 | $7,194 | $749,400 | $216,500 | $532,900 |
| 2018 | $6,825 | $666,500 | $196,800 | $469,700 |
| 2017 | $6,387 | $604,800 | $184,000 | $420,800 |
| 2016 | $6,271 | $560,400 | $167,300 | $393,100 |
| 2015 | $5,857 | $500,600 | $159,300 | $341,300 |
Source: Public Records
Agents Affiliated with this Home
-
Evelyn Ullman
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72272733
APN: MEDF-000012-000000-K000056
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.
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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