Seller's Agent in 2016
Carol McDonald
Lamacchia Realty, Inc.
(781) 389-6184
1 in this area
65 Total Sales
61 Edward St Medford, MA 02155
South Medford NeighborhoodEstimated Value: $1,129,000 - $1,452,000
8
Beds
3
Baths
2,820
Sq Ft
$447/Sq Ft
Est. Value
About This Home
As of September 2016Attention Investors! HARD TO FIND 3 FAMILY in Medford! This property is fully tenanted and ready to make you money! Upgrades include vinyl siding, replacement windows, separate CB electric! Each unit has their own heat and electric! Great size rooms, some hardwood floors, good overall condition! Off street tandem parking! This is a wonderful location in South Medford - close to Somerville line! This property isn't going to last so don't wait!
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,366
Year Built
1907
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Year Round: Yes
- Insc: 1893
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1907
Interior Features
- Has Basement: Yes
- Number of Rooms: 14
- Amenities: Public Transportation, Swimming Pool, Tennis Court, Park, Laundromat, Highway Access, Private School, Public School, University
- Electric: Circuit Breakers, Individually Metered
- Flooring: Wood, Tile, Vinyl
- Basement: Full, Bulkhead
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Tandem
- Parking Spaces: 4
Utilities
- Heat Zones: 3
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: MWRA
- Electric: 1800
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: 3 family
Multi Family
- APOD Available: Yes
- Expenses Year End: 05/16
- Heat Units: 3
- Total Bedrooms: 8
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 13
- Total Rent_1: 2000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2016
Closed on
Sep 15, 2016
Sold by
Abdalla Ulisses E and Souza Sandra C
Bought by
Macdonald Ying and Macdonald Keith A
Seller's Agent
Carol McDonald
Lamacchia Realty, Inc.
Buyer's Agent
Jen Liang
Realty Premiere
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,333
Avg. Annual Appreciation
2.71%
Original Mortgage
$622,500
Outstanding Balance
$507,077
Interest Rate
3.43%
Mortgage Type
Unknown
Estimated Equity
$548,256
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macdonald Ying | $830,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macdonald Ying | $622,500 | |
| Previous Owner | Souza Sandra C | $375,000 | |
| Previous Owner | Maher Peter S | $163,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2016 09/15/16 | Sold | $830,000 | -2.4% | $294 / Sq Ft |
| 07/25/2016 07/25/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $850,000 | -- | $301 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,366 | $864,600 | $292,700 | $571,900 |
| 2024 | $7,366 | $864,600 | $292,700 | $571,900 |
| 2023 | $7,237 | $836,600 | $273,500 | $563,100 |
| 2022 | $7,314 | $811,800 | $248,700 | $563,100 |
| 2021 | $7,135 | $758,200 | $236,800 | $521,400 |
| 2020 | $6,833 | $744,300 | $236,800 | $507,500 |
| 2019 | $6,710 | $699,000 | $215,300 | $483,700 |
| 2018 | $6,551 | $639,700 | $195,700 | $444,000 |
| 2017 | $6,075 | $575,300 | $182,900 | $392,400 |
| 2016 | $6,278 | $561,000 | $166,300 | $394,700 |
| 2015 | $6,000 | $512,800 | $158,400 | $354,400 |
Source: Public Records
Agents Affiliated with this Home
-
Carol McDonald
-
Jen Liang
Buyer's Agent in 2016
Jen Liang
Realty Premiere
(781) 728-9898
17 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72028711
APN: MEDF-000011-000000-X000023
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