456 Medford St Unit 4 Somerville, MA 02145
Winter Hill NeighborhoodEstimated Value: $348,000 - $390,000
1
Bed
1
Bath
398
Sq Ft
$425/mo
HOA Fee
Highlights
- Property is near public transit
- Wood Flooring
- Solid Surface Countertops
- Somerville High School Rated A-
- Main Floor Primary Bedroom
- 2-minute walk to Henry O. Hansen Park
About This Home
As of January 2024A+ Location.TENANT IN PLACE UNTIL JUNE 30TH 2024 ($2190). INVESTMENT OPPORTUNITY. Savvy Investors take notice! WALKING DISTANCE TO NEW GREEN LINE EXTENSION in RED HOT Magoun Square! One-bedroom Condo in a Classic Victorian close to Magoun Sq. and just minutes from downtown Boston, Davis, Tufts, Harvard Sq. and Rts. 93, 16, and 2. Enjoy a recently renovated kitchen including stainless steel appliances and modern cabinets. Well-designed bathroom, ample closet space, in-unit washer/dryer, extra basement storage, and private back deck that leads to a shared yard. Don't miss your chance to get into the market with this great investment property! Signed lease thru 6/30/24.Walker’s Paradise Walk Score of 91 Transit Score of 85 Bike Score of 89. LOW CONDO FEE, INCLUDES HEAT, LANDSCAPING, SNOW REMOVAL, PROFESSIONALLY MANAGED.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,257
Year Built
- Built in 1920
HOA Fees
- $425 Monthly HOA Fees
Interior Spaces
- 398 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Basement
- Exterior Basement Entry
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub Includes Tile Surround
Laundry
- Laundry on main level
- Washer and Dryer
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number M:49 B:A L:3 U:4,4680831
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 5 Units
Amenities
- Common Area
- Coin Laundry
- Community Storage Space
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2023
Closed on
Jan 31, 2024
Sold by
456 Medford Street Llc
Bought by
Lei Zhihong and Wei Jingmiao
Seller's Agent
Tony Menounos
Coldwell Banker Realty - Boston
Buyer's Agent
The Elite Team
Phoenix Real Estate Partners, LLC
List Price
$354,900
Sold Price
$350,000
Premium/Discount to List
-$4,900
-1.38%
Total Days on Market
4
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,447
Avg. Annual Appreciation
5.02%
Original Mortgage
$200,000
Outstanding Balance
$197,432
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,015
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lei Zhihong | $350,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lei Zhihong | $200,000 | |
| Previous Owner | 456 Medford Street Llc | $615,000 | |
| Previous Owner | 456 Medford Street Llc | $613,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $350,000 | -1.4% | $879 / Sq Ft |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- |
| 12/15/2023 12/15/23 | For Sale | $354,900 | 0.0% | $892 / Sq Ft |
| 04/10/2023 04/10/23 | Rented | $2,190 | +2.3% | -- |
| 03/29/2023 03/29/23 | For Rent | $2,140 | +7.0% | -- |
| 08/01/2022 08/01/22 | Rented | $2,000 | +2.6% | -- |
| 07/29/2022 07/29/22 | Under Contract | -- | -- | -- |
| 07/25/2022 07/25/22 | For Rent | $1,950 | 0.0% | -- |
| 07/17/2022 07/17/22 | Rented | $1,950 | 0.0% | -- |
| 07/13/2022 07/13/22 | Under Contract | -- | -- | -- |
| 07/08/2022 07/08/22 | For Rent | $1,950 | 0.0% | -- |
| 06/28/2022 06/28/22 | Rented | $1,950 | 0.0% | -- |
| 06/22/2022 06/22/22 | Under Contract | -- | -- | -- |
| 05/25/2022 05/25/22 | For Rent | $1,950 | -- | -- |
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 | $3,638 | $333,500 | $0 | $333,500 |
| 2024 | $3,357 | $319,100 | $0 | $319,100 |
| 2023 | $3,257 | $315,000 | $0 | $315,000 |
| 2022 | $3,113 | $305,800 | $0 | $305,800 |
| 2021 | $3,051 | $299,400 | $0 | $299,400 |
| 2020 | $2,957 | $293,100 | $0 | $293,100 |
| 2019 | $2,855 | $265,300 | $0 | $265,300 |
| 2018 | $2,981 | $263,600 | $0 | $263,600 |
| 2017 | $2,947 | $252,500 | $0 | $252,500 |
| 2016 | $2,475 | $197,500 | $0 | $197,500 |
| 2015 | $2,208 | $175,100 | $0 | $175,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Menounos
T
Seller's Agent in 2024
Tony Menounos
Coldwell Banker Realty - Boston
3 in this area
36 Total Sales
-
Heather Olin
Seller Co-Listing Agent in 2024
Heather Olin
Coldwell Banker Realty - Boston
(508) 934-6699
1 in this area
21 Total Sales
-
The Elite Team
T
Buyer's Agent in 2024
The Elite Team
Phoenix Real Estate Partners, LLC
(888) 610-1610
1 in this area
156 Total Sales
-
David Walch
Seller's Agent in 2023
David Walch
David Walch
(617) 990-4304
7 Total Sales
-
Jamie Lee
Buyer's Agent in 2022
Jamie Lee
Broad Street Boutique Realty LLC
(248) 974-1819
26 Total Sales
-
L
Buyer's Agent in 2022
Lauren Romano
Amo Realty - Boston City Properties
(860) 335-9544
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73187759
APN: SOME-000049-A000000-000003-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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