NOT LISTED FOR SALE

40 Wright Ave Unit 1 Medford, MA 02155

South Medford Neighborhood

Estimated Value: $1,037,000 - $1,125,000

2 Beds
1 Bath
1,000 Sq Ft
$1,077/Sq Ft Est. Value

About This Home

As of March 2023

This spacious first floor 2bd plus office with in-unit laundry is conveniently located in South Medford near the Somerville line. Walking distance to the new Green line and other public transportation, restaurants, shopping, Tufts University, and just minutes from Davis Sq, Assembly Row, 93 and more. Tenants will enjoy a bright eat in kitchen, hardwood floors, extra storage, and a shared outdoor space with the good weather to come! Ample street parking available, and the landlord is happy to accommodate storm parking as needed.

Last Agent to Rent the Property

danielle osullivan

Amo Realty - Boston City Properties Listed on: 03/08/2023

Last Renter's Agent

danielle osullivan

Amo Realty - Boston City Properties Listed on: 03/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,026

Year Built

  • Built in 1912

Lot Details

  • 4,269

Home Design

  • 1,000 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,100
  • Rent includes water
  • Assessor Parcel Number 643908

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,026

Year Built

Built in 1912

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Lease Terms(Flex),Term of Rental(00)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2100

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1912
  • Entry Level: 1
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 1000
  • Spa YN: No
  • MAIN LO: NB3599
  • MAIN SO: NB3599

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Water
  • Senior Community YN: No

Lot Info

  • Parcel Number: 643908
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.1
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Mckay Lia and Pepe Elio
Bought by
40-42 Wright Avenue Ret and Mckay
Current Estimated Value
$1,076,650

Purchase Details

Closed on
Dec 22, 2023
Sold by
Pepe Elio and Pepe Lia
Bought by
Pepe Elio and Pepe Lia

Purchase Details

Closed on
Jul 3, 2023
Sold by
Pepe Elio Est and Pepe
Bought by
Pepe Elio and Mckay Lia

Purchase Details

Closed on
Jul 25, 1968
Bought by
Pepe Elio and Pepe Emilia
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
40-42 Wright Avenue Ret -- None Available
Pepe Elio -- None Available
Pepe Elio -- None Available
Pepe Elio -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Rented $2,100 0.0% --
03/23/2023 03/23/23 Under Contract -- -- --
03/09/2023 03/09/23 For Rent $2,100 -- --
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 $9,026 $1,025,700 $332,100 $693,600
2024 $8,057 $945,700 $316,300 $629,400
2023 $7,895 $912,700 $295,600 $617,100
2022 $7,981 $885,800 $268,700 $617,100
2021 $7,472 $794,000 $255,900 $538,100
2020 $7,370 $802,800 $255,900 $546,900
2019 $7,020 $731,300 $232,600 $498,700
2018 $6,666 $651,000 $211,500 $439,500
2017 $6,242 $591,100 $197,700 $393,400
2016 $6,094 $544,600 $179,700 $364,900
2015 $5,562 $475,400 $171,200 $304,200
Source: Public Records

Agents Affiliated with this Home

  • d

    Landlord's Agent in 2023

    danielle osullivan

    Amo Realty - Boston City Properties

    (617) 247-1933

    2 Total Sales

    danielle osullivan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73086222

MLS Property Information Network (MLS PIN)

APN: MEDF-000009-000000-T000066

Massachusetts Middlesex County Medford 02155 South Medford

40 Wright Ave Unit 1, Medford, MA

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MLS Property Information Network (MLS PIN) 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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