Seller's Agent in 2024
Lynda Le
Shore Real Estate LLC
(617) 794-2337
2 in this area
162 Total Sales
494 Main St Medford, MA 02155
South Medford NeighborhoodEstimated Value: $1,133,000 - $1,197,000
7
Beds
2
Baths
3,114
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Corner Lot
- Deck
- Wood Flooring
- 3-minute walk to Tufts Park
About This Home
As of November 2024Location, Location, Location, under a 5 minute drive to Tufts! Here’s your opportunity to own in the highly sought-after Medford area. Whether you're an owner-occupant or an investor, this property is a perfect fit. Unit #1 offers a comfortable layout featuring a kitchen, living room, 3 spacious bedrooms, and 1 full bath. Unit #2 is a bi-level townhouse-style apartment, boasting a large kitchen, inviting living room, 4 generous bedrooms, and 1 bathroom. The property includes a large fenced-in backyard, perfect for outdoor activities, and convenient off-street parking. Coin-Op washer/dryer in basement for extra income on separate hot water tank powered by common meter. Located close to everything Medford has to offer including easy 93 access, restaurants, shopping, parks, this home is a rare find in a hot market. Don’t miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,379
Year Built
- Built in 1910
Lot Details
- 3,979 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,114 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Walk-Out Basement
- Storm Windows
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $6,475
- Tax Block 0018
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $76,380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2009
Sold by
Macgilvray John J and Macgilvray Florence M
Bought by
Hoe Madelene Y
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
$150,000
Outstanding Balance
$98,943
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,074,209
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoe Madelene Y | $450,000 | -- | |
| Hoe Madelene Y | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoe Madelene Y | $150,000 | |
| Closed | Hoe Madelene Y | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $1,150,000 | -2.5% | $369 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | Price Changed | $1,179,990 | -1.7% | $379 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $1,199,990 | -- | $385 / 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 | $8,049 | $914,700 | $326,500 | $588,200 |
| 2024 | $7,379 | $866,100 | $310,900 | $555,200 |
| 2023 | $7,232 | $836,100 | $290,600 | $545,500 |
| 2022 | $7,295 | $809,700 | $264,200 | $545,500 |
| 2021 | $6,839 | $726,800 | $251,600 | $475,200 |
| 2020 | $6,744 | $734,600 | $251,600 | $483,000 |
| 2019 | $6,420 | $668,800 | $228,700 | $440,100 |
| 2018 | $6,096 | $595,300 | $207,900 | $387,400 |
| 2017 | $5,710 | $540,700 | $194,300 | $346,400 |
| 2016 | $5,568 | $497,600 | $176,600 | $321,000 |
| 2015 | $5,244 | $448,200 | $168,200 | $280,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lynda Le
-
Mg Group
M
Buyer's Agent in 2024
Mg Group
Century 21 North East
(617) 389-1129
2 in this area
208 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73281037
APN: MEDF-000010-000000-X000018
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.
Nearby Homes
- 501 Main St
- 57 Edward St
- 552 Main St
- 39 Bonner Ave Unit 39
- 11 Bonner Ave Unit 2
- 561 Broadway Unit C1
- 595 Broadway Unit 302
- 595 Broadway Unit 101
- 595 Broadway Unit 202
- 159 Harvard St Unit 1R
- 34 Fiske Ave Unit C
- 474 Broadway Unit 26
- 3 Vinal St
- 32 Richardson St
- 35 Richardson St Unit 2
- 35 Richardson St Unit 4
- 35 Richardson St Unit Cottage
- 9 Norwood Ave
- 10 Roberts St Unit 14
- 496 Medford St
- 494 Main St Unit 1
- 494 Main St Unit 2
- 498 Main St
- 496 Main St
- 7 Liberty Ave
- 500 Main St
- 500 Main St Unit 1
- 500 Main St
- 500 Main St Unit 2
- 502 Main St
- 502 Main St Unit 1
- 502 Main St Unit 3
- 6 Liberty Ave
- 490 Main St Unit 1
- 490 Main St
- 492 Main St
- 8 Liberty Ave Unit 2
- 10 Liberty Ave
- 11 Liberty Ave
- 11 Liberty Ave Unit 1