NOT LISTED FOR SALE

Estimated Value: $981,344 - $1,255,000

4 Beds
2 Baths
2,284 Sq Ft
$491/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2018

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

Est. 27% increase in value since last sale

Current estimated payment $6,732 / mo

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 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

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

Year Built

Built in 1916

Lot Details

3,485 Sq Ft Lot

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

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

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
Mar 20, 2018
Closed on
May 16, 2018
Sold by
Bought by
Seller's Agent
Kathy Mestari
Maureen Fiorelli Rlty Assoc
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
$1,120,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,336
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Bought by

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
0.043%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2012
Sold by
Bought by
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

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
$885,000 --
-- --
-- --
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
Open $697,500
Closed $653,000
Closed $655,000
Closed $100,000
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
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

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 $7,535 $856,200 $315,400 $540,800
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

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