NOT LISTED FOR SALE

Estimated Value: $1,021,000 - $1,203,000

4 Beds
2 Baths
2,160 Sq Ft
$505/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $648,000 $300 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,474/month

18 Days on Market

Highlights

  • Property is near public transit
  • Tandem Parking
  • Shops
  • Enclosed Patio or Porch
  • Laundry Room
  • Level Lot

About This Home

As of January 2015

**Multifamily in a Great Location!** Just outside Historic Medford Square and steps to Tufts University, this property is ready for new ownership and an excellent investment opportunity! Separate and private entrances to each unit. The first unit has a front hall/mud room, hardwood throughout, vinyl kitchen and bath, built in china cabinet in dining room, and two bedrooms. The second unit has enclosed porch, refinished hardwood flooring throughout, vinyl in updated kitchen and bath, convenient laundry area adjacent to kitchen, and office area off of living room. BRAND NEW furnace in Unit 1, ~5 year old furnace in Unit 2. This location is a great match for individuals needing access to the highway, public transportation, Tufts University, Medford Center. Offers due by Monday January 5th at 5:00 for presentation to seller.

Last Agent to Sell the Property

George Meimeteas

Real Estate and Company Listed on: 12/20/2014

Last Buyer's Agent

Victor Manganiello

First Boston Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating Available
  • Oil Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $34,200

Listing and Financial Details

  • Total Actual Rent $2,850
  • Assessor Parcel Number 643386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,328

Year Built

Built in 1910

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub), Unit 2(Ceiling Fans,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Dishwasher), Oil Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 2 Laundry Room
  • Basement: Full
  • Living Area: 2160
  • Stories Total: 3
  • MAIN LO: C80007
  • MAIN SO: B95101

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Oil)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Sidewalks

Lot Info

  • Parcel Number: 643386
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3672

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4328

Multi Family

  • Net Operating Income: 34200
  • Number Of Units Total: 2
  • Total Actual Rent: 2850
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2014
Closed on
Jan 29, 2015
Sold by
Mcnulty Nathan and Mcnulty Nancy
Bought by
Susi Delio B and Susi Rebecca M
Seller's Agent
George Meimeteas
Real Estate and Company
Buyer's Agent
Victor Manganiello
First Boston Real Estate
List Price
$599,900
Sold Price
$648,000
Premium/Discount to List
$48,100
8.02%
Current Estimated Value
$1,122,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,579
Avg. Annual Appreciation
4.79%
Original Mortgage
$486,000
Outstanding Balance
$372,925
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$717,912

Purchase Details

Closed on
Jun 19, 2008
Sold by
Courtney David C and Courtney Neil D
Bought by
Griffith Nancy and Mcnulty Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,357
Interest Rate
6.1%
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
Susi Delio B $648,000 --
Griffith Nancy $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susi Delio B $486,000
Previous Owner Griffith Nancy $423,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2015 01/29/15 Sold $648,000 +8.0% $300 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
12/20/2014 12/20/14 For Sale $599,900 -- $278 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,361 $950,100 $315,400 $634,700
2024 $7,684 $901,900 $300,400 $601,500
2023 $7,541 $871,800 $280,700 $591,100
2022 $7,625 $846,300 $255,200 $591,100
2021 $410 $754,900 $243,000 $511,900
2020 $7,006 $763,200 $243,000 $520,200
2019 $6,671 $694,900 $220,900 $474,000
2018 $409 $618,800 $200,900 $417,900
2017 $5,935 $562,000 $187,700 $374,300
2016 $4,897 $437,600 $170,700 $266,900
2015 $4,630 $395,700 $162,500 $233,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71778152

MLS Property Information Network (MLS PIN)

APN: MEDF-000009-000000-R000021

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