$1,375,000
SOLD JAN 10, 2025
6 Beds
2.5 Baths
4,513 Sq Ft
3,045 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to West Medford
  • Wood Flooring
  • Deck
  • Property is near public transit
  • Corner Lot

About This Home

As of January 2025

Tremendous investment opportunity in the heart of West Medford Square. Renovated in 2012 this mixed use 14 room residential/commercial building includes 1 retail space and 2 expansive residential units with off street parking. Nestled within the transit oriented urban oasis of West Medford, just 500 feet from the commuter rail, amongst some of the trendiest spots in the city. Each residence includes, hardwood floors, insulated walls with 9-foot ceilings, updated windows and roof. Oversized eat in kitchens with gas cooking, granite counter tops, and in unit washer and dryers. The first floor offers 1443 sf of retail space with half bath, separate heat and CA. Leased out to 10/25 with a 5-year option to renew. Easy access to additional public transportation, Route 16, 93 and Route 2, just 0.5 miles to Whole Foods Market, 1.3 miles to Tufts University and 8 miles to Logan International airport. Do not miss this amazing opportunity!

Last Agent to Sell the Property

The D'Agostino Team

Compass Listed on: 10/15/2024

Compass

Co-Listed By

Beverly Dagostino

Compass

Last Buyer's Agent

Johhny Ho

Kava Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,729

Year Built

  • Built in 1918

Lot Details

  • 3,045 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 4,513 Sq Ft Home
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Brooks Elementary School
  • Andrews Middle School
  • MHS High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • Total Actual Rent $8,300
  • Rent includes unit 2(heat water), unit 3(heat water)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $204
  • Insurance Expense $5,813
  • Water Sewer Expense $2,332
  • Operating Expense $18,956
  • Net Operating Income $80,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,729

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1918
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Lead Certification Available, Stone/Granite/Solid Counters, Upgraded Countertops, Open Floorplan, Living Room, Dining Room, Living RM/Dining RM Combo, Kitchen, Office/Den
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 4513
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 288.03
  • PRICE PER Sq Ft: 304.68
  • MAIN SO: AC0746

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Oil, Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 2(Heat,Water), Unit 3(Heat,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2332

Lot Info

  • Zoning: Res/Com
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3045
  • Lot Size Units: Acres
  • PAGE: 0305
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9728.92
  • Tax Book Number: 19730

Multi Family

  • Electric Expense: 204
  • Gross Income: 99600
  • Insurance Expense: 5813
  • Net Operating Income: 80644
  • Number Of Units Total: 3
  • Operating Expense: 18956
  • Total Actual Rent: 8300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Mhs
  • Elementary School: Brooks
  • Middle Or Junior School: Andrews

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $875,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $1,375,000 +5.8% $305 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $1,299,900 -- $288 / 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 -- $874,800 $401,100 $473,700
2024 -- $841,800 $382,100 $459,700
2023 $0 $800,000 $357,100 $442,900
2022 $0 $745,100 $324,600 $420,500
2021 $0 $710,000 $309,200 $400,800
2020 $0 $710,000 $309,200 $400,800
2019 $0 $662,200 $281,000 $381,200
2018 $0 $575,100 $255,500 $319,600
2017 $0 $541,500 $238,800 $302,700
2016 -- $473,500 $217,100 $256,400
2015 -- $453,000 $206,800 $246,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73302167

MLS Property Information Network (MLS PIN)

APN: MEDF-000004-000000-L000084