NOT LISTED FOR SALE

Estimated Value: $1,143,999 - $1,346,000

5 Beds
2 Baths
2,536 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $1,150,000 $453 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,267/month

7 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Park
  • Wood Flooring
  • Tandem Parking
  • Laundry Room

About This Home

As of September 2023

OH Sat & Sun 12-2pm. Profitable investment opportunity in the heart of Medford. Elegant, Victorian style 2 family impeccably maintained within walking distance to Tufts Univ & Tufts Green Line MBTA Station, restaurants, cafes & parks. Unit 1 is 2 beds, 1 bath. Unit 2 is 3 beds, 1 bath. Both units feature newer tub/shower tiled bathrooms, large living rooms & dining rooms with built-in hutches, high ceilings, hardwood floors, fans, kitchens with gas cooking, walk-in pantries & in-unit laundry. Unit 2 upgraded kitchen with granite countertops & maple cabinets. Each unit has its own large rear balcony offering fresh air & privacy. Split basement with two private sides. Fenced back yard with a partially paved area, perfect for a patio. Off street parking for 2 cars. Updates: Unit 1-Heating 2021, Water Heater 2020, Bathroom 2020. Unit 2 - Heating 2020, Water Heater 2021, Kitchen & Bathroom 2017. Roof 2003. All sewer & drainage lines replaced 2020, New gutters & exterior trim painted 2016.

Last Agent to Sell the Property

Paul Cirignano

The Synergy Group Listed on: 06/12/2023

Co-Listed By

Marie Montieth

The Synergy Group

Last Buyer's Agent

The North Star Group

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 1910

Lot Details

  • 3,833 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,536 Sq Ft Home
  • Property has 1 Level
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

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

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $4,400
  • Assessor Parcel Number 641634

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,719

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Unfinished
  • Living Area: 2536
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7316
  • LIST PRICE PER Sq Ft: 393.93
  • PRICE PER Sq Ft: 453.47
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Porch, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • 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: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Forced Air,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 641634
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3833
  • Lot Size Units: Acres
  • PAGE: 354
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7719
  • Tax Book Number: 27166

Multi Family

  • Gross Income: 25200
  • Net Operating Income: 25200
  • Number Of Units Total: 2
  • Total Actual Rent: 4400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 1997
Sold by
Travers John F and Travers Janice
Bought by
Sakorafos James G and Hahn Nickoleta M
Current Estimated Value
$1,240,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1988
Sold by
John Miller Trust
Bought by
Travers John F

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
10.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sakorafos James G $212,000 --
Travers John F $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravi Neelima $862,500
Closed Sakorafos James G $450,000
Closed Sakorafos James G $336,000
Closed Travers John F $187,000
Previous Owner Travers John F $149,000
Previous Owner Travers John F $165,000
Previous Owner Travers John F $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,150,000 +15.1% $453 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $999,000 -- $394 / 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 $7,887 $925,700 $360,600 $565,100
2024 $7,887 $925,700 $360,600 $565,100
2023 $7,719 $892,400 $337,100 $555,300
2022 $7,737 $858,700 $306,400 $552,300
2021 $7,281 $773,700 $291,800 $481,900
2020 $7,243 $789,000 $299,300 $489,700
2019 $6,900 $718,800 $272,100 $446,700
2018 $6,565 $641,100 $247,300 $393,800
2017 $6,104 $578,000 $231,200 $346,800
2016 $5,947 $531,500 $210,200 $321,300
2015 $5,616 $480,000 $200,200 $279,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123620

MLS Property Information Network (MLS PIN)

APN: MEDF-000006-000000-P000050