NOT LISTED FOR SALE

50 Water St, Unit 55 Medford, MA 02155

Lawrence Estates Neighborhood

Estimated Value: $447,322 - $489,000

2 Beds
1 Bath
792 Sq Ft
$383/mo HOA Fee

Last Sold September 16, 2021

Last sale price $345,000 $436 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,124/month

37 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Jogging Path
  • Property is near public transit
  • Recreation Facilities
  • 5-minute walk to McNally Park

About This Home

As of September 2021

Beautiful 2 bed condo w/DEEDED PARKING on the 5th Floor of sought after Medford Tower. This corner unit is sunny and has a spacious/open layout that features an over-sized living room and dining area that open to the updated kitchen. Kitchen offers dishwasher, disposal, and built-in microwave, plus loads of counter & cabinet space. Off the living space you have a short hallway that leads to the bathroom and two bedrooms. One king-sized bedroom and the other can comfortably fit a queen bed. Both bedrooms have excellent closet space. The unit has two wall-mounted AC units (living room & larger bedroom), a clean bath, good closet space, lots of windows, and a large floor plan. Building is incredibly well managed. Laundry room & elevator, plus beautifully manicured exterior with common patio for grilling. Outstanding location (87 walk-score) only a few blocks to Medford Square, on 7 bus lines, 1.5 miles to commuter rail, & just off Rt 93. Excellent opportunity for first-time buyer!

Last Agent to Sell the Property

Matthew Petty

FRAME Residential Listed on: 06/09/2021

Last Buyer's Agent

Judith Ober

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1970

Lot Details

  • Near Conservation Area

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Cooling Zones
  • 1 Heating Zone
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:K10 B:3837,636543

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 56 Units
  • High-Rise Condominium
  • Medford Tower Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Recreation Facilities
  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,218

Year Built

Built in 1970

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1970
  • Buyer Agency: 2.00
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 1.50
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 792
  • Stories Total: 1
  • MAIN LO: AN0423
  • LIST PRICE PER Sq Ft: 440.66
  • PRICE PER Sq Ft: 435.61
  • MAIN SO: AN6527

Exterior Features

  • Common Walls: Corner
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Recreation Facilities
  • Association Fee: 383
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, T-Station, University
  • UNIT BUILDING: 55

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:K10 B:3837,636543
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 871.2
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 792
  • PAGE: 197
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3218
  • Tax Book Number: 62785

Multi Family

  • Number Of Units Total: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 16, 2021
Sold by
Dears Roland and Gomez-Dears Nora
Bought by
Kennedy-Reid Maxwell N
Seller's Agent
Matthew Petty
FRAME Residential
Buyer's Agent
Judith Ober
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Current Estimated Value
$472,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,081
Avg. Annual Appreciation
7.21%
Original Mortgage
$324,300
Outstanding Balance
$297,888
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,247

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 15, 2013
Sold by
Fallon Maureen K
Bought by
Dears Roland and Dears Nora G
Seller's Agent
Bette Mae Poduska
Lexington / Winchester Regional Office
Buyer's Agent
Lauren Lane
Compass
List Price
$199,900
Sold Price
$197,500
Premium/Discount to List
-$2,400
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$158,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy-Reid Maxwell N $345,000 None Available
Dears Roland $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy-Reid Maxwell N $324,300
Closed Kennedy-Reid Maxwell N $10,350
Previous Owner Dears Roland $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $345,000 -1.1% $436 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $349,000 0.0% $441 / Sq Ft
08/15/2020 08/15/20 Rented $1,850 0.0% --
08/02/2020 08/02/20 Under Contract -- -- --
07/30/2020 07/30/20 Price Changed $1,850 -2.6% $2 / Sq Ft
07/09/2020 07/09/20 Price Changed $1,900 -3.8% $2 / Sq Ft
06/30/2020 06/30/20 For Rent $1,975 +16.2% --
09/20/2015 09/20/15 Rented $1,700 -5.6% --
07/23/2015 07/23/15 For Rent $1,800 +12.5% --
12/20/2013 12/20/13 Rented $1,600 0.0% --
11/20/2013 11/20/13 Under Contract -- -- --
11/07/2013 11/07/13 For Rent $1,600 0.0% --
10/15/2013 10/15/13 Sold $197,500 -1.2% $249 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $199,900 -- $252 / 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 $2,974 $349,100 $0 $349,100
2024 $2,974 $349,100 $0 $349,100
2023 $2,825 $326,600 $0 $326,600
2022 $2,990 $331,800 $0 $331,800
2021 $3,218 $342,000 $0 $342,000
2020 $2,798 $304,800 $0 $304,800
2019 $2,827 $294,500 $0 $294,500
2018 $2,386 $233,000 $0 $233,000
2017 $2,213 $209,600 $0 $209,600
2016 $2,251 $201,200 $0 $201,200
2015 $2,244 $191,800 $0 $191,800
Source: Public Records

Agents Affiliated with this Home

  • Matthew Petty

    Seller's Agent in 2021

    Matthew Petty

    FRAME Residential

    (617) 543-3900

    1 in this area

    69 Total Sales

    Matthew Petty
    Section Image
  • Judith Ober

    Buyer's Agent in 2021

    Judith Ober

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 910-3283

    1 in this area

    34 Total Sales

    Judith Ober
    Section Image

  • N

    Seller's Agent in 2015

    Naser Mahmoud

    Coldwell Banker Realty - Cambridge

    (617) 864-4430

    Naser Mahmoud
    Section Image

  • B

    Seller's Agent in 2013

    Bette Mae Poduska

    Lexington / Winchester Regional Office

  • A

    Seller's Agent in 2013

    Allie Sacharuk

    Coldwell Banker Realty - Cambridge

    Section Image

  • L

    Buyer's Agent in 2013

    Lauren Lane

    Compass

    2 Total Sales

    Lauren Lane
    Section Image
See All Agents

About This Building

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72846468

MLS Property Information Network (MLS PIN)

APN: MEDF-000010-000000-K003837

Massachusetts Middlesex County Medford 02155 Lawrence Estates

50 Water St Unit 55, Medford, MA

This home is located at 50 Water St Unit 55, Medford, MA 02155 since 09 June 2021 and is currently estimated at $472,081, approximately $596 per square foot. This property was built in 1970. 50 Water St Unit 55 is a home located in Middlesex County with nearby schools including Medford High School, Mystic Valley Regional Charter School, and St. Joseph School.

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.

Nearby Homes