NOT LISTED FOR SALE

480 Medford St Unit 3 Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $440,000 - $486,000

1 Bed
1 Bath
468 Sq Ft
1900 Built

Last Sold June 25, 2021

Last sale price $415,000 $887 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,839/month

Highlights

  • Property is near public transit
  • Tennis Courts
  • Park
  • Somerville High School Rated A-
  • Jogging Path
  • 1-minute walk to Henry O. Hansen Park

About This Home

As of July 2024

You will love this sun filled one bedroom in the amazing Magoun Square neighborhood of Somerville! Complete with an off street parking space, this unit has everything you need to enjoy comfortable and convenient city living! Nicely appointed with built in shelving and moldings, several sunny windows throughout every room, open concept with great light throughout, spacious living room and entertainment area with built in storage and TV included, tall ceilings, large bedroom, large galley kitchen with maple cabinets, granite counters, stainless steel appliances, and in unit laundry! Extra unit storage and additonal common laundry in the building. Quick Access to Bike Bath and Green Line T extension - less than 1/2 a mile away. Exit your door into one of Boston's most hip and exciting areas with your choice of dining, entertainment, public transportation, and more!

Last Agent to Rent the Property

Matthew Foley

Fenway Property Advisors Listed on: 05/29/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,120

Year Built

  • 1900

Parking

  • 1 Car Parking Space

Home Design

  • 468 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Laundry in unit
  • No Cooling

Listing and Financial Details

  • Security Deposit $2,400
  • Rent includes water, sewer, trash collection, snow removal, extra storage, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 4538342

Community Details

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,120

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 1
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 468
  • Spa YN: No
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 5.13
  • PRICE PER Sq Ft: 5.13
  • MAIN SO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Extra Storage, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 3

Lot Info

  • Parcel Number: 4538342
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 468
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 25, 2021
Sold by
Hall Victoria E
Bought by
Ranger Bryan
Seller's Agent
The Boston Home Team
Gibson Sotheby's International Realty
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$395,000
Sold Price
$415,000
Premium/Discount to List
$20,000
5.06%
Current Estimated Value
$461,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,604
Avg. Annual Appreciation
2.70%
Original Mortgage
$249,000
Outstanding Balance
$225,929
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,529

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 23, 2019
Sold by
Todd Meggan Est
Bought by
Hall Victoria E
Seller's Agent
Erica Covelle
Leading Edge Real Estate
Buyer's Agent
The Boston Home Team
Gibson Sotheby's International Realty
List Price
$395,000
Sold Price
$386,000
Premium/Discount to List
-$9,000
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$366,700
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Sarsfield Lori A
Bought by
Todd Meggan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ranger Bryan $415,000 None Available
Hall Victoria E $386,000 --
Todd Meggan $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranger Bryan $249,000
Previous Owner Hall Victoria E $366,700
Previous Owner Todd Meggan $151,200
Previous Owner Todd Meggan $164,000
Previous Owner Sarsfield Lori A $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Rented $2,400 0.0% --
07/19/2024 07/19/24 Under Contract -- -- --
07/12/2024 07/12/24 Price Changed $2,400 -7.7% $5 / Sq Ft
06/07/2024 06/07/24 Price Changed $2,600 -3.7% $6 / Sq Ft
05/29/2024 05/29/24 For Rent $2,700 0.0% --
06/25/2021 06/25/21 Sold $415,000 +5.1% $887 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $395,000 +2.3% $844 / Sq Ft
09/23/2019 09/23/19 Sold $386,000 -2.3% $825 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $395,000 -- $844 / 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 $4,120 $377,600 $0 $377,600
2024 $3,869 $367,800 $0 $367,800
2023 $3,770 $364,600 $0 $364,600
2022 $3,644 $358,000 $0 $358,000
2021 $3,374 $331,100 $0 $331,100
2020 $3,272 $324,300 $0 $324,300
2019 $3,343 $310,700 $0 $310,700
2018 $2,926 $258,700 $0 $258,700
2017 $2,984 $255,700 $0 $255,700
2016 $2,842 $226,800 $0 $226,800
2015 $2,575 $204,200 $0 $204,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Foley

    Landlord's Agent in 2024

    Matthew Foley

    Fenway Property Advisors

    (857) 350-2134

    50 Total Sales

    Matthew Foley
    Section Image

  • T

    Seller's Agent in 2021

    The Boston Home Team

    Gibson Sotheby's International Realty

    (617) 249-4237

    1 in this area

    184 Total Sales

    The Boston Home Team
    Section Image

  • T

    Buyer's Agent in 2021

    The Team - Real Estate Advisors

    Coldwell Banker Realty - Cambridge

    (978) 996-3604

    1 in this area

    347 Total Sales

    The Team - Real Estate Advisors
    Section Image

  • E

    Seller's Agent in 2019

    Erica Covelle

    Leading Edge Real Estate

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73244170

MLS Property Information Network (MLS PIN)

APN: SOME-000041-C000000-000001-000480-3

Massachusetts Middlesex County Somerville 02145 Magoun Square

480 Medford St Unit 3, Somerville, MA

This home is located at 480 Medford St Unit 3, Somerville, MA 02145 since 29 May 2024 and is currently priced at $461,604. This property was built in 1900. 480 Medford St Unit 3 is a home located in Middlesex County with nearby schools including Somerville High School, St. Clement Elementary School, and Bright Future Educare Center.

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.

MLS Property Information Network (MLS PIN) 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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