J
Seller's Agent in 2023
Joe Danisch
Coelho Realty Group LLC
407 Main St Medford, MA 02155
South Medford NeighborhoodEstimated Value: $1,246,000 - $1,634,884
8
Beds
9
Baths
6,220
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- 0.27 Acre Lot
- Property is near public transit
- Tennis Courts
About This Home
As of July 2023Not your average 2-Family! This enormous three-story structure offers a whopping 7,755 sq./ft. in internal area and falls on an 11,740 sq./ft. lot mere minutes away from Tufts University and the new Ball Sq. T stop. With over 20 total rooms on the first, second and third floor, 6 full baths, 3 half baths, and an abundance of additional space on the ground level, 407 Main St. provides a truly unique opportunity for developers, contractors and owner occupants to augment interior living area and heighten the income potential of this building. 4 gas meters, 4 boilers and 4 hot water systems can be found in the basement, as well as 2, 200-amp electrical panels. An exterior parking lot behind the building also offers 7 unencumbered spaces with additional greenspace to expand. Property is presently vacant and will be delivered vacant at closing.
Last Agent to Sell the Property
Joe Danisch
Coelho Realty Group LLC Listed on: 05/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,666
Year Built
- Built in 1925
Lot Details
- 0.27 Acre Lot
- Near Conservation Area
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 6,220 Sq Ft Home
- Partially Finished Basement
- Block Basement Construction
Flooring
- Wood
- Carpet
- Concrete
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 7 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 644772
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 1997
Sold by
Vilela Anthony
Bought by
Mesmer Christopher
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.59%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mesmer Christopher | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Geva Shlomo | $1,087,500 | |
| Closed | 407 Main Street T | $50,000 | |
| Closed | Mesmer Christopher | $145,000 | |
| Closed | Mesmer Christopher | $209,000 | |
| Closed | Mesmer Christopher | $202,500 | |
| Closed | Mesmer Christopher | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $1,450,000 | -9.4% | $233 / Sq Ft |
| 06/09/2023 06/09/23 | Pending | -- | -- | -- |
| 05/23/2023 05/23/23 | For Sale | $1,600,000 | -- | $257 / 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 | $11,856 | $1,391,600 | $385,100 | $1,006,500 |
| 2024 | $11,856 | $1,391,600 | $385,100 | $1,006,500 |
| 2023 | $11,666 | $1,348,700 | $360,000 | $988,700 |
| 2022 | $11,858 | $1,316,100 | $327,400 | $988,700 |
| 2021 | $11,033 | $1,172,500 | $311,900 | $860,600 |
| 2020 | $10,895 | $1,186,800 | $311,900 | $874,900 |
| 2019 | $10,371 | $1,080,300 | $283,700 | $796,600 |
| 2018 | $9,816 | $958,600 | $258,000 | $700,600 |
| 2017 | $9,156 | $867,000 | $241,200 | $625,800 |
| 2016 | $8,723 | $779,500 | $219,200 | $560,300 |
| 2015 | $8,155 | $697,000 | $208,800 | $488,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Ron Ifrah
R
Buyer's Agent in 2023
Ron Ifrah
Longwood Residential, LLC
(617) 319-1085
1 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73115217
APN: MEDF-000009-000000-V000058
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