NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,230,000

4 Beds
2 Baths
2,175 Sq Ft
$544/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $906,750 $417 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,117/month

7 Days on Market

About This Home

As of June 2017

Opportunity knocks near Tufts! Whether you are looking for a property to convert to condos, a fantastic rental investment, to own your own home to off-set the cost w/ rental income or a single fam this property is for you! Located in one of Medford's most desirable neighborhoods, this meticulously well-maintained 2 family house with off-street parking for 3 & outdoor space, represents a fantastic opportunity. The Philly style home boasts 4 beds, a spacious semi-finished/unheated walk-up 3rd level (offering LARGE EXPANSION possibilities) & a large unfinished basement w/ ample amounts of storage containing each unit's dedicated heating systems, hot water & electrical services. Located on the Somerville line, one block from prestigious Tufts University, this "very walkable" home is close to the tremendously popular Davis, Teele & Ball Squares & steps to proposed future Green Line Extension station at College Ave! Open Houses Fri 12 to 1, Sat 11:30-1 & Sun 11-Noon. Offers Due 5/16 at Noon!

Last Agent to Sell the Property

The Shorey Sheehan Team

RE/MAX Real Estate Center Listed on: 05/09/2017

RE/MAX Real Estate Center

Last Buyer's Agent

mark medeiros

Cambridge Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,094

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope, Level
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Highway Access, Private School, Public School, T-Station, University
  • Basement: Full, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: BB9927
  • Main So: NB1645
  • Estimated Sq Ft: 2175.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Gutters, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:Q-05 B:0019
  • Zoning: res
  • Acre: 0.11
  • Lot Size: 5000.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 7
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 16, 2017
Sold by
Procopio Robert A and Procopio Kathleen H
Bought by
Medeiros Mark A
Seller's Agent
The Shorey Sheehan Team
RE/MAX Real Estate Center
Buyer's Agent
mark medeiros
Cambridge Realty
List Price
$789,000
Sold Price
$906,750
Premium/Discount to List
$117,750
14.92%
Current Estimated Value
$1,182,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,413
Avg. Annual Appreciation
3.13%
Original Mortgage
$400,000
Outstanding Balance
$335,100
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$831,655

Purchase Details

Closed on
Nov 7, 2011
Sold by
Procopio Robert A
Bought by
Procopio Ft

Purchase Details

Closed on
Jan 7, 2005
Sold by
Procopio Albert W
Bought by
Procopio Robert A
Source: Public Records

Range of Values:

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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
Medeiros Mark A $906,750 --
Procopio Robert A -- --
Maloney Kathryn H -- --
Procopio Ft -- --
Procopio Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medeiros Mark A $400,000
Previous Owner Procopio Ft $350,000
Previous Owner Procopio Ft $200,000
Previous Owner Procopio Albert W $200,000
Previous Owner Procopio Albert W $200,000
Previous Owner Procopio Albert W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $906,750 +14.9% $417 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $789,000 -- $363 / 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 $8,094 $950,000 $385,500 $564,500
2024 $8,094 $950,000 $385,500 $564,500
2023 $7,914 $914,900 $360,300 $554,600
2022 $7,948 $882,100 $327,500 $554,600
2021 $7,487 $795,600 $311,900 $483,700
2020 $7,449 $811,400 $319,900 $491,500
2019 $7,093 $738,900 $290,800 $448,100
2018 $6,630 $647,500 $264,400 $383,100
2017 $6,243 $591,200 $247,100 $344,100
2016 $5,763 $515,000 $224,600 $290,400
2015 $5,486 $468,900 $214,000 $254,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72161571

MLS Property Information Network (MLS PIN)

APN: MEDF-000005-000000-Q000019