48 Garfield Ave Medford, MA 02155
Glenwood NeighborhoodEstimated Value: $1,082,114 - $1,144,000
6
Beds
2
Baths
3,332
Sq Ft
$334/Sq Ft
Est. Value
About This Home
This home is located at 48 Garfield Ave, Medford, MA 02155 and is currently estimated at $1,111,279, approximately $333 per square foot. 48 Garfield Ave is a home located in Middlesex County with nearby schools including Medford High School, Mystic Valley Regional Charter School, and St. Joseph School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2022
Sold by
Melanson Joanne M and Melanson Brian W
Bought by
Melanson Stephen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$458,135
Interest Rate
5.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$653,144
Purchase Details
Closed on
Jul 9, 1964
Bought by
Melanson Stephen E and Melanson Virginia M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melanson Stephen | -- | None Available | |
| Melanson Stephen | -- | None Available | |
| Melanson Stephen E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melanson Stephen | $475,000 | |
| Closed | Melanson Stephen | $475,000 |
Source: Public Records
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 | $8,080 | $918,200 | $345,000 | $573,200 |
| 2024 | $7,607 | $892,800 | $328,500 | $564,300 |
| 2023 | $7,212 | $833,800 | $307,000 | $526,800 |
| 2022 | $7,161 | $794,800 | $279,100 | $515,700 |
| 2021 | $6,731 | $715,300 | $265,800 | $449,500 |
| 2020 | $6,793 | $740,000 | $265,800 | $474,200 |
| 2019 | $6,744 | $702,500 | $241,600 | $460,900 |
| 2018 | $5,968 | $582,800 | $219,600 | $363,200 |
| 2017 | $5,581 | $528,500 | $205,300 | $323,200 |
| 2016 | $5,358 | $478,800 | $186,600 | $292,200 |
| 2015 | $4,716 | $403,100 | $177,800 | $225,300 |
Source: Public Records
Map
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