NOT LISTED FOR SALE

501 Medford St Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $941,033

-- Bed
-- Bath
3,060 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 501 Medford St, Somerville, MA 02145 and is currently estimated at $941,033, approximately $307 per square foot. 501 Medford St is a home located in Middlesex County with nearby schools including Somerville High School and Torit Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2008
Sold by
Medford Street Rt and Cadete Dalcemir
Bought by
Desouza Jose A
Current Estimated Value
$941,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$259,301
Interest Rate
5.75%
Mortgage Type
Commercial
Estimated Equity
$681,732

Purchase Details

Closed on
Aug 31, 2001
Sold by
Pastry T and Perriello Anne B
Bought by
Medford St Rt and Cadete Dalceci

Purchase Details

Closed on
Mar 3, 1989
Sold by
Perriello Alfred A
Bought by
Pastry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
10.63%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
Desouza Jose A $520,000 --
Medford St Rt $350,000 --
Pastry T $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desouza Jose A $416,000
Previous Owner Pastry T $220,000
Source: Public Records

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 $16,163 $854,300 $360,800 $493,500
2024 $15,548 $854,300 $360,800 $493,500
2023 $14,822 $854,300 $360,800 $493,500
2022 $14,395 $854,300 $360,800 $493,500
2021 $14,258 $854,300 $360,800 $493,500
2020 $13,942 $854,300 $360,800 $493,500
2019 $13,368 $771,400 $343,600 $427,800
2018 $13,714 $753,100 $343,600 $409,500
2017 $13,114 $697,200 $324,200 $373,000
2016 $13,270 $657,600 $297,600 $360,000
2015 $12,638 $620,100 $283,400 $336,700
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02145 Magoun Square

501 Medford St, Somerville, MA

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