48 Forest St Unit 308 Medford, MA 02155
Downtown Medford Neighborhood
1
Bed
1.5
Baths
785
Sq Ft
1890
Built
Highlights
- Indoor Pool
- Wood Flooring
- Jogging Path
- Property is near public transit
- Tennis Courts
- Elevator
About This Home
As of August 2021Look no more. Spectacular 3 rm, 1 br, 1-1/2 bath loft style unit at Medford's Historic Schoolhouse. Open concept features fully applianced kitchen with extra nook, spacious living room with soaring ceilings and oversized schoolhouse windows. Renovated baths, Thompson hardwood flooring throughout. Master BR & bath on 2nd level with walk-in closet. A rare find with washer/dryer in unit. Windows replaced with low-E-high performance glass. Heating/Ac system replaced 2017. Assigned storage unit in garage area & some storage in utility room located just outside of unit. Outdoor pkg #87. Complex offers indoor pool, sauna, tennis court & high owner occ rate. A much sought after location! Enjoy dining in Medford Sq,, Davis Sq or nearby Assembly Row or take in a show at the Chevalier Theater adjacent to Schoolhouse & affiliated with the Wilbur. Brand new library in Square. Conv to Transportation & Fells Reservation. A commuter's dream. Cats welcome.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,279
Year Built
- Built in 1890
Home Design
- Brick Exterior Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 785 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
- Intercom
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on fourth floor
- Walk-In Closet
Laundry
- Laundry on upper level
- Washer and Electric Dryer Hookup
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
Pool
- Indoor Pool
- In Ground Pool
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
- Electric Water Heater
Additional Features
- Near Conservation Area
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:L09 B:2723,637882
Community Details
Overview
- Property has a Home Owners Association
- Association fees include water, sewer, insurance, ground maintenance, snow removal
- 111 Units
- Mid-Rise Condominium
- Old Medford High Community
Amenities
- Shops
- Elevator
Recreation
- Tennis Courts
- Community Pool
- Jogging Path
- Bike Trail
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 27, 2021
Sold by
Yin Xin and Qiu Cheng
Bought by
Hao Liang
Seller's Agent
Laurie Devereaux
Century 21 North East
Buyer's Agent
Hailey Liang Hao
eXp Realty
List Price
$419,000
Sold Price
$397,500
Premium/Discount to List
-$21,500
-5.13%
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
$118,426
Avg. Annual Appreciation
7.00%
Original Mortgage
$318,000
Outstanding Balance
$292,492
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,262
Purchase Details
Listed on
Aug 31, 2016
Closed on
Oct 21, 2016
Sold by
Dobbins Christopher J and Mcwing Meagan
Bought by
Yin Xin and Qiu Cheng
Seller's Agent
Laurie Devereaux
Century 21 North East
Buyer's Agent
Matthew Zborezny
Redfin Corp.
List Price
$329,500
Sold Price
$341,475
Premium/Discount to List
$11,975
3.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Purchase Details
Closed on
May 1, 2007
Sold by
Maclaughlan Kevin J
Bought by
Dobbins Christopher J and Mcewing Meagan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,007
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 1999
Sold by
Selwood Deborah S
Bought by
Testa Brenda L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $397,500 | None Available | |
| Not Resolvable | $341,475 | -- | |
| Deed | $223,500 | -- | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,000 | Purchase Money Mortgage | |
| Previous Owner | $211,039 | FHA | |
| Previous Owner | $218,007 | Purchase Money Mortgage | |
| Previous Owner | $46,500 | No Value Available | |
| Previous Owner | $104,000 | Purchase Money Mortgage | |
| Previous Owner | $63,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2023 08/01/23 | Rented | $2,850 | +16.3% | -- |
| 07/21/2023 07/21/23 | Under Contract | -- | -- | -- |
| 07/19/2023 07/19/23 | For Rent | $2,450 | 0.0% | -- |
| 08/30/2021 08/30/21 | Sold | $397,500 | -0.5% | $506 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/25/2021 07/25/21 | Pending | -- | -- | -- |
| 07/18/2021 07/18/21 | Price Changed | $399,500 | -4.7% | $509 / Sq Ft |
| 07/07/2021 07/07/21 | For Sale | $419,000 | +22.7% | $534 / Sq Ft |
| 10/21/2016 10/21/16 | Sold | $341,475 | +3.6% | $435 / Sq Ft |
| 09/05/2016 09/05/16 | Pending | -- | -- | -- |
| 08/31/2016 08/31/16 | For Sale | $329,500 | -- | $420 / 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 | $3,227 | $378,800 | $0 | $378,800 |
| 2024 | $3,227 | $378,800 | $0 | $378,800 |
| 2023 | $3,118 | $360,500 | $0 | $360,500 |
| 2022 | $3,203 | $355,500 | $0 | $355,500 |
| 2021 | $3,279 | $348,500 | $0 | $348,500 |
| 2020 | $3,231 | $352,000 | $0 | $352,000 |
| 2019 | $3,204 | $333,700 | $0 | $333,700 |
| 2018 | $3,057 | $298,500 | $0 | $298,500 |
| 2017 | $2,661 | $252,000 | $0 | $252,000 |
| 2016 | $2,818 | $251,800 | $0 | $251,800 |
| 2015 | $2,795 | $238,900 | $0 | $238,900 |
Source: Public Records
Agents Affiliated with this Home
-
Hailey Liang Hao
Seller's Agent in 2023
Hailey Liang Hao
eXp Realty
(508) 250-7093
3 in this area
44 Total Sales
-
Thomas MacLaughlan
Buyer's Agent in 2023
Thomas MacLaughlan
JYP Realty
(978) 996-6782
3 Total Sales
-
Laurie Devereaux
L
Seller's Agent in 2021
Laurie Devereaux
Century 21 North East
(781) 864-3786
14 in this area
50 Total Sales
-
M
Buyer's Agent in 2016
Matthew Zborezny
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72861438
APN: MEDF-000009-000000-L002723
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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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