NOT LISTED FOR SALE

Estimated Value: $1,021,742 - $1,229,000

4 Beds
2 Baths
2,284 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $885,000 $387 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,488/month

7 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Garden
  • Fenced Yard

About This Home

As of May 2018

A wonderful opportunity to own a proven rental property with high market value power. This spacious, sunlit two-family located just steps away from Tufts University is situated on a less-traveled, one-way street near the Somerville/Medford line with convenient access to routes 93, 60, 16, the Red Line and the latest Green Line expansion. Take a walk to Teele Square, Davis Square, Ball Square or Magoun Square, where shopping, restaurants, grocery stores, coffee shops, bakeries, parks, and bike paths await. A meticulously maintained property with functional layouts and period detail preserved, flaunts beautiful built-in china closets, hard wood floors, high ceilings and solid core doors. Two new oil tanks installed approx 1 year ago! New roof approx 1 year old! A generous basement offers plenty of storage space while front and rear porches overlook well-sized fenced-in yards and paved driveway for two-plus cars. Open House Sat 3/24 and Sun 3/25 12-2pm. No showings prior to Open Houses.

Last Agent to Sell the Property

Kathy Mestari

Maureen Fiorelli Rlty Assoc Inc. Listed on: 03/20/2018

Co-Listed By

Emilia Tinari

Apartment Hub

Last Buyer's Agent

Yuki Wang

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,917

Year Built

  • Built in 1916

Lot Details

  • Year Round Access
  • Fenced Yard
  • Garden

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:R-08 B:0042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,917

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 2400
  • Year Built Description: Actual
  • List Price Per Sq Ft: 372.15
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1916
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: NB3136
  • Main So: AN0688
  • Estimated Sq Ft: 2284.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Porch - Enclosed, Gutters, Fenced Yard, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Guest, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Schools

  • Elementary School: McGlynn
  • Middle School: McGlynn
  • High School: Medford High

Lot Info

  • Assessments: 466900.00
  • Acre: 0.08
  • Lot Size: 3400.00
  • Page: 177
  • Parcel Number: M:R-08 B:0042
  • Zoning: RES
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rent: 3800
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4930.00
  • Assessor Parcel Number: 643275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 16, 2018
Sold by
Brancella Gail A
Bought by
Liu Jing and Xu Weize
Seller's Agent
Kathy Mestari
Maureen Fiorelli Rlty Assoc Inc.
Buyer's Agent
Yuki Wang
Compass
List Price
$850,000
Sold Price
$885,000
Premium/Discount to List
$35,000
4.12%
Current Estimated Value
$1,109,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,686
Avg. Annual Appreciation
2.29%
Original Mortgage
$663,750
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2016
Sold by
Angela Celata Irt
Bought by
Brancella Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2012
Sold by
Celata Angela
Bought by
Angela Celata Irt and Brancella Gail A
Source: Public Records

Range of Values:

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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
Liu Jing $885,000 --
Brancella Gail A -- --
Angela Celata Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jing $697,500
Closed Xu Weize $653,000
Closed Liu Jing $655,000
Closed Liu Jing $663,750
Previous Owner Brancella Gail A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $885,000 +4.1% $387 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $850,000 -- $372 / 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 $6,917 $811,800 $300,400 $511,400
2024 $6,917 $811,800 $300,400 $511,400
2023 $6,774 $783,100 $280,700 $502,400
2022 $6,826 $757,600 $255,200 $502,400
2021 $6,405 $680,700 $243,000 $437,700
2020 $6,315 $687,900 $243,000 $444,900
2019 $5,524 $575,400 $220,900 $354,500
2018 $5,254 $513,100 $200,900 $312,200
2017 $4,930 $466,900 $187,700 $279,200
2016 $4,806 $429,500 $170,700 $258,800
2015 $4,543 $388,300 $162,500 $225,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72295813

MLS Property Information Network (MLS PIN)

APN: MEDF-000008-000000-R000042