NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,214,000

5 Beds
2 Baths
3,108 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $960,000 $309 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,061/month

52 Days on Market

Highlights

  • Medical Services
  • Post and Beam
  • Jogging Path
  • Property is near public transit
  • Wood Flooring
  • 4-minute walk to Logan Park

About This Home

As of October 2023

This well maintained Medford 2 Family over 3000sqft locates less than 1 mile to Medford Sq, Malden Center, Assembly Row, 6 mins drive to Tufts University, easy access to I93, orange T line, The Fells Reservation with hiking trails/groceries/shops/restaurants! This home is perfect for investors and owner occupied, unit 1 is used as a 2 bedroom 1 bath, Unit 2 is a duplex style 4 Bed+Den unit w/ 1 bath. Both units have wall of windows and have incredible natural sunlight, efficient layout w/ good size bedrooms, plenty of storages, new gleaming hardwood floorings, large eat in kitchen w/ newer appliances, each unit also has a 4 season bonus enclosed sunrooms that can be used as additional office spaces, unfinished basement provides additional storage space. Other bonus features include a repainted exterior, updated electrical, newer windows/screens/roof/water heaters/ceiling fans, a fenced in yard, 3 car parking, preventive pest control contract in place. Unit 2 is vacant.

Last Agent to Sell the Property

Bonnie Lai

RE/MAX Real Estate Center Listed on: 07/18/2023

RE/MAX Real Estate Center

Last Buyer's Agent

Fangyuan Yang

BA Property & Lifestyle Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,027

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Near Conservation Area
  • Fenced

Home Design

  • Post and Beam
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,108 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $5,950

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,027

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Bulkhead, Unfinished
  • Living Area: 3108
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB5153
  • LIST PRICE PER Sq Ft: 321.75
  • PRICE PER Sq Ft: 308.88
  • MAIN SO: AN7401

Exterior Features

  • Exterior Features: Porch,Gutters,Fenced Yard
  • Construction Materials: Frame, Post & Beam
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Steam,Gas)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, University
  • Senior Community YN: No

Lot Info

  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • PAGE: 541
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7027
  • Tax Book Number: 72076

Multi Family

  • Gross Income: 60600
  • Net Operating Income: 60600
  • Number Of Units Total: 2
  • Total Actual Rent: 5950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 20, 2018
Sold by
Khaund Dipak C and Khaund Profulla C
Bought by
Khaund Dipak C
Seller's Agent
The iBremis Team
LAER Realty Partners
Buyer's Agent
Bonnie Lai
RE/MAX Real Estate Center
List Price
$699,900
Sold Price
$725,000
Premium/Discount to List
$25,100
3.59%
Current Estimated Value
$1,026,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,317
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Khaund Dipak C
Bought by
Khaund Profulla C and Khaund Dipak C

Purchase Details

Closed on
Mar 16, 2010
Sold by
Peppe Ciriaco S and Davis Robert S
Bought by
Peppe Ciriaco S

Purchase Details

Closed on
Jul 26, 2004
Sold by
Stone Carol M and Stone Wayne E
Bought by
Peppe Ciriaco S and Davis Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1994
Sold by
Durante Carmella and Rubino Rudolph F
Bought by
Stone Wayne E and Stone Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.5%
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
Khaund Dipak C -- --
Khaund Profulla C -- --
Peppe Ciriaco S -- --
Peppe Ciriaco S $460,000 --
Stone Wayne E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peppe Ciriaco S $368,000
Previous Owner Stone Wayne E $15,000
Previous Owner Stone Wayne E $108,000
Previous Owner Stone Wayne E $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $960,000 -4.0% $309 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $1,000,000 -9.1% $322 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,100,000 -4.3% $354 / Sq Ft
07/18/2023 07/18/23 For Sale $1,150,000 +58.6% $370 / Sq Ft
12/31/2018 12/31/18 Sold $725,000 +3.6% $233 / Sq Ft View Prior Sale
11/23/2018 11/23/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $699,900 0.0% $225 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $699,900 -6.7% $225 / Sq Ft
10/09/2018 10/09/18 Price Changed $749,900 -3.2% $241 / Sq Ft
09/13/2018 09/13/18 For Sale $774,900 +115.3% $249 / Sq Ft
05/02/2012 05/02/12 Sold $360,000 -1.4% $115 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $365,000 -- $116 / 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 $7,175 $842,100 $311,300 $530,800
2024 $7,175 $842,100 $311,300 $530,800
2023 $7,027 $812,400 $290,900 $521,500
2022 $7,082 $786,000 $264,500 $521,500
2021 $6,644 $706,100 $251,900 $454,200
2020 $6,551 $713,600 $251,900 $461,700
2019 $6,236 $649,600 $229,000 $420,600
2018 $5,922 $578,300 $208,100 $370,200
2017 $5,549 $525,500 $194,500 $331,000
2016 $5,411 $483,600 $176,900 $306,700
2015 $5,101 $436,000 $168,500 $267,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73137420

MLS Property Information Network (MLS PIN)

APN: MEDF-000013-000000-M000066