NOT LISTED FOR SALE

388 Medford St Unit 3 Somerville, MA 02145

Winter Hill Neighborhood

Estimated Value: $846,998 - $972,000

3 Beds
2 Baths
1,419 Sq Ft
$651/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $575,000 $405 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,637/month

Highlights

  • Porch
  • Somerville High School Rated A-
  • 5-minute walk to Hoyt-Sullivan Playground

About This Home

As of April 2021

Lovely and updated top floor 3BR, 2BA in a fantastic location! Open concept with stainless steel and granite kitchen. Master bedroom with en suite bathroom. Hardwood floors, private back porch and plenty of storage. Central AC. One parking space included. Gas heat/hot water and electric paid by tenants. Sorry, no pets or smoking. Available July 1. First, security and half month rental fee. Occupied unit. Video preview required before in-person showing. Ask agent.

Last Agent to Rent the Property

Martha Rollins

Gibson Sotheby's International Realty Listed on: 03/23/2021

Last Renter's Agent

Martha Rollins

Gibson Sotheby's International Realty Listed on: 03/23/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,401

Year Built

  • 1920

Kitchen

  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$7,401

Year Built

1920

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 07/01/2021
  • Rent Fee Includes: Water, Sewerage Disposal, Refuse Removal, Parking
  • Sec Deposit: 2900.00

Listing Details

  • Property Type: Residential Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 2.04
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • CoOp Comp: 50/50
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Laundry Features: In Unit
  • Main Lo: AN1593
  • Main So: AN1593
  • Estimated Sq Ft: 1419.00

Exterior Features

  • Exterior Features: Porch

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Heating: Gas
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, T-Station
  • Condo Association: Yes

Lot Info

  • Lot Size: 9999.00

Tax Info

  • Assessor Parcel Number: 4669263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Dec 22, 2016
Sold by
Ketcham Heather L
Bought by
Tcs Rt
Seller's Agent
Alla Iokheles
Rufo Realty
Buyer's Agent
Benjamin Bern
Centre Realty Group
Sold Price
$3,150
Current Estimated Value
$916,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,755
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Tremblay Beau G and Empeier Katherine E
Bought by
Ketcham Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2007
Bought by
Tremblay Beau G and Epmeier Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tcs Rt $575,000 --
Ketcham Heather L $350,000 --
Tremblay Beau G -- --
Tremblay Beau G $352,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ketcham Heather L $38,890
Previous Owner Ketcham Heather L $334,000
Previous Owner Ketcham Heather L $315,000
Previous Owner Tremblay Beau G $282,000
Previous Owner Tremblay Beau G $35,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Rented $2,900 0.0% --
04/04/2021 04/04/21 Under Contract -- -- --
03/23/2021 03/23/21 For Rent $2,900 +16.0% --
12/22/2020 12/22/20 Rented $2,500 0.0% --
12/18/2020 12/18/20 Under Contract -- -- --
09/28/2020 09/28/20 For Rent $2,500 -20.6% --
01/31/2017 01/31/17 Rented $3,150 -3.1% --
01/23/2017 01/23/17 Under Contract -- -- --
01/12/2017 01/12/17 For Rent $3,250 0.0% --
12/22/2016 12/22/16 Sold $575,000 -2.4% $405 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/06/2016 11/06/16 Price Changed $589,000 -1.7% $415 / Sq Ft
10/20/2016 10/20/16 For Sale $599,000 -- $422 / 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 $7,401 $678,400 $0 $678,400
2024 $6,995 $664,900 $0 $664,900
2023 $6,786 $656,300 $0 $656,300
2022 $6,432 $631,800 $0 $631,800
2021 $6,301 $618,400 $0 $618,400
2020 $4,532 $598,800 $0 $598,800
2019 $6,245 $580,400 $0 $580,400
2018 $4,264 $560,600 $0 $560,600
2017 $4,176 $531,000 $0 $531,000
2016 $6,409 $511,500 $0 $511,500
2015 $5,567 $441,500 $0 $441,500
Source: Public Records

Agents Affiliated with this Home

  • Martha Rollins

    Landlord's Agent in 2021

    Martha Rollins

    Gibson Sotheby's International Realty

    (617) 653-4994

    34 Total Sales

    Section Image

  • A

    Seller's Agent in 2017

    Alla Iokheles

    Rufo Realty

    (617) 529-3990

    26 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Benjamin Bern

    Centre Realty Group

    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Squiciarino

    Eileen Taylor RE Services

    2 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72802356

MLS Property Information Network (MLS PIN)

APN: SOME-000050-A000000-000001-000003

Massachusetts Middlesex County Somerville 02145 Winter Hill

388 Medford St Unit 3, Somerville, MA

This home is located at 388 Medford St Unit 3, Somerville, MA 02145 since 23 March 2021 and is currently priced at $923,250. This property was built in 1920. 388 Medford St Unit 3 is a home located in Middlesex County with nearby schools including Somerville High School and Bright Future Educare Center.

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