NOT LISTED FOR SALE

Estimated Value: $483,000 - $598,000

1 Bed
1 Bath
728 Sq Ft
1910 Built

Last Sold May 18, 2021

Last sale price $450,000 $618 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,077/month

8 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • ENERGY STAR Qualified Equipment for Heating
  • Cooling System Powered By Renewable Energy
  • Forced Air Heating and Cooling System
  • 5-minute walk to Tufts Park

About This Home

As of May 2021

You CAN have it all - Bask in the glorious southern and western light streaming in when you make this separate entrance beauty, on the Somerville line just a few blocks from the soon-to-be completed Magoun Square/Lowell Street MBTA stop, your new home. Extensively renovated in '17 this spacious one-bedroom, loft-style, condominium unit features eight-foot ceiling height and oak flooring as well as stainless steel appliances, abundant cabinet space and quartz counter tops in the open kitchen. Additionally, the bedroom is large enough to accommodate a king-size bed, there is a lovely tiled bathroom and excellent closet space. An in-unit laundry, central air conditioning and huge basement storage are just a few of the additional features of this fantastic offering. No one above you, no one below you plus 3 exposures and a private entrance make this feel like single family living–with a WalkScore of 83 you only need move your things in to make this conveniently located haven your new home

Last Agent to Sell the Property

Laura Palumbo-Hanson

Gibson Sotheby's International Realty Listed on: 02/23/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Jonathan Benton

East Key Realty

East Key Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Schools

  • Medford High School

Utilities

  • Cooling System Powered By Renewable Energy
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise, 2/3 Family
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 583.79
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street, End, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR, Washer - ENERGY STAR, Range - ENERGY STAR
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 16X14, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Handicap Accessible, Main Level, Exterior Access, High Speed Internet Hookup, Remodeled, Lighting - Overhead, Closet - Double
  • Full Bathrooms: 1
  • No Rooms: 2
  • Kitchen: On Level: First Floor, Dimension: 15X14, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Handicap Accessible, Main Level, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Remodeled, Gas Stove, Peninsula, Lighting - Overhead
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Dimension: 20X11, Closet/Cabinets - Custom Built, Flooring - Hardwood, Handicap Accessible, Main Level, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Remodeled, Gas Stove, Lighting - Overhead
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB5918
  • Main So: AN5323
  • Estimated Sq Ft: 728.00

Exterior Features

  • Construction: Frame, Stone/Concrete
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Insulation Feature: Partial, Unknown
  • Exterior Unit Features: City View(s), Garden Area, Screens

Garage/Parking

  • Parking Feature: On Street Without Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 60 Amps/Less
  • Cooling: Central Air, Individual, Unit Control, ENERGY STAR
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas, Individual, Unit Control, ENERGY STAR
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 1.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Snow Removal, Extra Storage
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 518 Main Street Condominium

Lot Info

  • Assessments: 343400.00
  • Lot: 7901
  • Page: 0032
  • Zoning: RES
  • Master Book: 69047
  • Master Page: 364

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 1633.00
  • Assessor Parcel Number: 5057084
  • Tax Year: 2021

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

MLS Schools

  • Grade School: Healy
  • High School: Medford High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 18, 2021
Sold by
Heavener Anika
Bought by
Pestana Noah
Seller's Agent
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
Buyer's Agent
Jonathan Benton
East Key Realty
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$523,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,981
Avg. Annual Appreciation
3.82%
Original Mortgage
$382,500
Outstanding Balance
$346,641
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,361
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pestana Noah $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pestana Noah $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Sold $450,000 +5.9% $618 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $425,000 +25.0% $584 / Sq Ft
04/19/2017 04/19/17 Sold $340,000 +0.3% $467 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $339,000 -- $466 / 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 $3,847 $437,200 $0 $437,200
2024 $3,646 $427,900 $0 $427,900
2023 $3,585 $414,500 $0 $414,500
2022 $3,160 $350,700 $0 $350,700
2021 $3,231 $343,400 $0 $343,400
2020 $3,152 $343,400 $0 $343,400
2019 $3,226 $336,000 $0 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72789318

MLS Property Information Network (MLS PIN)

APN: MEDF-X-10 7901