NOT LISTED FOR SALE

561 Riverside Ave Medford, MA 02155

Wellington Neighborhood

Estimated Value: $1,026,359 - $1,113,000

4 Beds
2 Baths
2,456 Sq Ft
$436/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $610,000 $248 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,286/month

16 Days on Market

About This Home

As of June 2015

(1st) Open House Mon. 5/11 from 5-6:30pm & Tues. 5/12 5pm-6:30pm Excellent 2 Family in great location! Close to Wellington Station, new Assembly Row, Rte 93, Express Bus to Boston, Shops & Restaurants, Parks and more. Well maintained, hardwood floors throughout, original China Cabinets, Pantries, Stainglass, Moulding and Doors. First floor unit - 5+ rms with foyer entry, updated kitchen, 2 bedrooms, dining room, living room, front and back porches. 2nd floor 6 rooms, master bedroom w/walkin closet, 2nd bedroom, dining room, kitchen,living room with original french doors into den, front and back balconies, Laundry rooms for both units in basement, lots of storage in walk out basement. 3 car tandem parking in driveway. Private fenced yard with lovely Beacon Hill style patio and storage shed. Offers if any presented by 6pm Weds 5/13.

Last Agent to Sell the Property

Laura Baccini

RE/MAX Andrew Realty Services License #448552197 Listed on: 05/11/2015

Last Buyer's Agent

Laxmi Pradhan

Everest Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

1912

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Flooring: Wood
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio - Enclosed, Balcony, Gutters, Storage Shed, Fenced Yard, Stone Wall
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Tandem, Common, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Oil, Tank, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 26, 2015
Sold by
Cincotta Adrienne G
Bought by
Wont Nutan and Onta Pramila S
Seller's Agent
Laura Baccini
RE/MAX Andrew Realty Services
Buyer's Agent
Laxmi Pradhan
Everest Realty
List Price
$579,900
Sold Price
$610,000
Premium/Discount to List
$30,100
5.19%
Current Estimated Value
$1,071,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,340
Avg. Annual Appreciation
5.44%
Original Mortgage
$427,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2014
Sold by
Cincotta Ft and Cincotta
Bought by
Cincotta Adrienne G
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
Wont Nutan $610,000 --
Cincotta Adrienne G -- --
Cincotta Adrienne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wont Nutan $427,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $610,000 +5.2% $248 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $579,900 -- $236 / 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 $7,273 $853,600 $314,200 $539,400
2024 $7,273 $853,600 $314,200 $539,400
2023 $7,123 $823,500 $293,600 $529,900
2022 $7,180 $796,900 $267,000 $529,900
2021 $6,737 $715,900 $254,200 $461,700
2020 $6,642 $723,500 $254,200 $469,300
2019 $6,324 $658,800 $231,100 $427,700
2018 $6,007 $586,600 $210,100 $376,500
2017 $5,631 $533,200 $196,400 $336,800
2016 $5,456 $487,600 $178,500 $309,100
2015 $5,146 $439,800 $170,000 $269,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laura Baccini

    RE/MAX

  • L

    Buyer's Agent in 2015

    Laxmi Pradhan

    Everest Realty

    (617) 458-9374

    3 Total Sales

    Laxmi Pradhan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71833735

MLS Property Information Network (MLS PIN)

APN: MEDF-000016-000000-R000053

Massachusetts Middlesex County Medford 02155 Wellington

561 Riverside Ave, Medford, MA

This home is located at 561 Riverside Ave, Medford, MA 02155 since 11 May 2015 and is currently estimated at $1,071,340, approximately $436 per square foot. This property was built in 1912. 561 Riverside Ave is a home located in Middlesex County with nearby schools including Medford High School and Mystic Valley Regional Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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