NOT LISTED FOR SALE

51 Hancock Ave Medford, MA 02155

South Medford Neighborhood

Estimated Value: $1,002,199 - $1,039,000

4 Beds
2 Baths
2,112 Sq Ft
$484/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2023

Last sale price $917,000 $434 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,262 / mo

17 Days on Market

About This Home

As of September 2023

****OFFERS DUE MON 8/21 AT 6PM -EMAIL TO LEAH@GAMUTGROUP.US Meticulously cared for two-unit in the Tufts neighborhood of Medford. Both units are 2-bedroom, 2-bathroom layout. The interiors boast bright and spacious bedrooms, two full bathrooms and rich hardwood floor. Outside tenants can enjoy their private relaxation spaces, surrounded by beautiful landscaping that elevates the property's appeal. Situated in a prime location, this home provides easy access to Tufts University, local shops, dining options, and transportation.

Last Agent to Sell the Property

Leah Pennini

Gamut Group LLC Listed on: 08/18/2023

Last Buyer's Agent

Cee Cee

United Real Estate, LLC

United Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1923

Lot Details

  • 3,779

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3,779 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • 2 Units
  • Net Operating Income $51,540

Listing and Financial Details

  • Total Actual Rent $4,295
  • Assessor Parcel Number M:Q09 B:0029,642808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1923

Lot Details

3,779 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1923
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2112
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5931
  • MAIN SO: AN1807

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:Q09 B:0029,642808
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3779
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6331

Multi Family

  • Net Operating Income: 51540
  • Number Of Units Total: 2
  • Total Actual Rent: 4295
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 27, 2023
Sold by
Bought by
Seller's Agent
Leah Pennini
Gamut Group LLC
Buyer's Agent
Cee Cee
United Real Estate, LLC
List Price
$899,999
Sold Price
$917,000
Premium/Discount to List
$17,001
1.89%
Views
18
Current Estimated Value
$1,022,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,300
Avg. Annual Appreciation
3.89%
Original Mortgage
$458,750
Interest Rate
0.0709%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$917,500 None Available
$162,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $458,750
Previous Owner $10,000
Previous Owner $341,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $917,000 +1.9% $434 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $899,999 -- $426 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,774 $883,400 $322,600 $560,800
2024 $7,048 $827,200 $307,300 $519,900
2023 $6,331 $731,900 $287,200 $444,700
2022 $6,359 $705,800 $261,100 $444,700
2021 $5,987 $636,200 $248,600 $387,600
2020 $5,899 $642,600 $248,600 $394,000
2019 $5,617 $585,100 $226,000 $359,100
2018 $5,342 $521,700 $205,500 $316,200
2017 $5,015 $474,900 $192,000 $282,900
2016 $4,889 $436,900 $174,600 $262,300
2015 $4,625 $395,300 $166,300 $229,000
Source: Public Records

Agents Affiliated with this Home

  • Leah Pennini

    Seller's Agent in 2023

    Leah Pennini

    Gamut Group LLC

    (781) 484-7437

    1 in this area

    26 Total Sales

    Leah Pennini
    Section Image

  • C

    Buyer's Agent in 2023

    Cee Cee

    United Real Estate, LLC

    (617) 840-6217

    1 in this area

    2 Total Sales

    Cee Cee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73150141

MLS Property Information Network (MLS PIN)

APN: MEDF-000009-000000-Q000029

Massachusetts Middlesex County Medford 02155 South Medford

51 Hancock Ave, Medford, MA

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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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