NOT LISTED FOR SALE

Estimated Value: $1,031,000 - $1,131,000

4 Beds
3 Baths
2,500 Sq Ft
$439/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $535,000 $214 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,559/month

76 Days on Market

About This Home

As of November 2013

This well maintained 3 family on the Somerville line works well for either an owner occupant or investor. Company always likes to hang out in the kitchen and there's plenty of room in the oversized kitchens in the two larger apartments. Both of these kitchens have just been remodeled with new cabinets, counters and ceramic tile backsplash. The 2nd floor unit has 2 bedrooms with hardwood floors. The 3rd floor apartment has a large living room with walk in closet, one bedroom and a room to use as a dining room or office. The street level studio apartment has a private entrance and is filled with natural light. There's ceramic tile floor throughout this adorable 2 room unit that's approximately 500 square feet. The wide parking area in the back can park 3 cars as well as a grassy area for barbecues. Take a look at the photos and video and you'll understand why this property has always been easy to rent. Live or invest on the Somerville border without having to pay Somerville taxes.

Last Agent to Sell the Property

Deb Agliano

RE/MAX Andrew Realty Services License #449501385 Listed on: 08/08/2013

Last Buyer's Agent

Yee Chan

Coelho Realty Group LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,474

Year Built

1903

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Swimming Pool, Park, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch, Storage Shed
  • Foundation: Concrete Block, Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas, Tank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
580 Main Street Ret
Bought by
Eng Raymond
Current Estimated Value
$1,097,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Outstanding Balance
$487,792
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$511,447

Purchase Details

Closed on
Nov 27, 2017
Sold by
Eng Raymond
Bought by
580 Main St Medford Re

Purchase Details

Closed on
Apr 1, 2016
Sold by
580 Main St Medford Re
Bought by
Eng Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2015
Sold by
Eng Ray
Bought by
580 Main St Medford Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 8, 2013
Closed on
Nov 25, 2013
Sold by
Hoye Thomas and Hoye Christine
Bought by
Eng Raymond W
Seller's Agent
Deb Agliano
RE/MAX Andrew Realty Services
Buyer's Agent
Yee Chan
Coelho Realty Group LLC
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$374,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Martiniello John C
Bought by
Hoye Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Regan Lina
Bought by
Martiniello John C
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
Eng Raymond -- --
580 Main St Medford Re -- --
Eng Raymond -- --
580 Main St Medford Re -- --
Eng Raymond W $535,000 --
Hoye Christine $450,000 --
Martiniello John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Raymond $552,500
Previous Owner Eng Raymond $498,000
Previous Owner Eng Raymond W $490,000
Previous Owner Eng Raymond W $374,500
Previous Owner Hoye Christine $427,500
Previous Owner Hoye Christine $360,000
Previous Owner Hoye Christine $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $535,000 0.0% $214 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $535,000 -- $214 / 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 $7,474 $877,200 $319,300 $557,900
2024 $7,474 $877,200 $319,300 $557,900
2023 $7,340 $848,500 $298,400 $550,100
2022 $7,401 $821,400 $271,300 $550,100
2021 $7,223 $767,600 $258,300 $509,300
2020 $6,947 $756,700 $258,300 $498,400
2019 $6,814 $709,800 $234,800 $475,000
2018 $29,295 $649,400 $213,500 $435,900
2017 $6,173 $584,600 $199,500 $385,100
2016 $5,858 $523,500 $181,400 $342,100
2015 $5,614 $479,800 $172,800 $307,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71566848

MLS Property Information Network (MLS PIN)

APN: MEDF-000011-000000-Y000040