NOT LISTED FOR SALE

Estimated Value: $861,561 - $909,000

3 Beds
2 Baths
1,570 Sq Ft
$561/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $590,000 $376 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,150/month

53 Days on Market

Highlights

  • City View
  • Fenced Yard
  • Patio
  • Wood Flooring

About This Home

As of August 2018

Hurry! Super value minutes from Tufts & Somerville night life! This fine home offers 3/4 rooms, 1/2 bedrooms and one bath each. 1st has large fully applianced kitchen with cabinets, good size bedroom with closet, large living room, hardwood floors in main rooms, and full bath complete this unit. 2nd floor has large eat in kitchen, 2 good size bedrooms with closets, full bath, hardwood floors in main rooms, and big living room. Home has newer roof, newer heating systems, updated electrical, huge rear fenced yard, Just moments to shopping and food in south Medford square. On street permit parking only. Maybe fit a small car on front tarred area. Lease on 1st floor ends August 15th. 2nd floor now vacant-Open House July 1st 11:30-1:30pm

Last Agent to Sell the Property

Dan Fabbri

Century 21 North East License #449502068 Listed on: 05/10/2018

Century 21 North East

Last Buyer's Agent

Shawn Hansen

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1922

Lot Details

  • Year Round Access
  • Fenced Yard

Interior Spaces

  • Window Screens
  • City Views
  • Basement

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:Y-11 B:0085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,470

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 398.03
  • Comp Based On: Net Sale Price
  • Year Built: 1922
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Flooring: Vinyl, Varies Per Unit, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Full, Bulkhead, Concrete Floor
  • Main Lo: B92101
  • Main So: B92101
  • Estimated Sq Ft: 1570.00

Exterior Features

  • Beach Ownership: Private
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Patio, Screens, Fenced Yard, City View(s)
  • Foundation: Fieldstone
  • Foundation Size: regular

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 412200.00
  • Acre: 0.07
  • Lot Size: 3201.00
  • Page: 538
  • Parcel Number: M:Y-11 B:0085
  • Zoning: res
  • Lot Description: City View(s), Fenced/Enclosed, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3200
  • Total Rms: 7
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4220.92
  • Assessor Parcel Number: 646072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Daly-Fleming Finbar
Bought by
7 Gables Prop Llc
Current Estimated Value
$881,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$329,341
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$537,196

Purchase Details

Closed on
Jul 20, 2022
Sold by
Seven Gables Prop Llc
Bought by
Daly-Fleming Finbar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$329,341
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$537,196

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 16, 2018
Sold by
T Ride Properties Llc
Bought by
7 Gables Properties
Seller's Agent
Dan Fabbri
Century 21 North East
Buyer's Agent
Shawn Hansen
Century 21 North East
List Price
$624,900
Sold Price
$590,000
Premium/Discount to List
-$34,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2017
Sold by
Faraca Tina V and Faraca Paul A
Bought by
T-Ride Properties Llc

Purchase Details

Closed on
Oct 31, 2012
Sold by
Leyden Avenue Rt and Faraca
Bought by
Faraca Tina V and Faraca Paul A

Purchase Details

Closed on
Sep 17, 2004
Sold by
Torossian Osan
Bought by
Faraca Paul A and Faraca Tina V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,920
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Madden David and Lawrence Sheryl
Bought by
Torossian Osan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
7 Gables Prop Llc -- None Available
7 Gables Prop Llc -- None Available
Daly-Fleming Finbar -- None Available
Daly-Fleming Finbar -- None Available
7 Gables Properties $590,000 --
7 Gables Properties $590,000 --
T-Ride Properties Llc -- --
T-Ride Properties Llc -- --
Faraca Tina V -- --
Faraca Tina V -- --
Faraca Paul A $419,900 --
Faraca Paul A $419,900 --
Torossian Osan $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly-Fleming Finbar $350,000
Closed Daly-Fleming Finbar $350,000
Previous Owner Seven Gables Properties $370,000
Previous Owner 7 Gables Properties $450,000
Previous Owner Faraca Tina $290,000
Previous Owner Faraca Paul A $335,920
Previous Owner Torossian Osan G $50,000
Previous Owner Torossian Osan $225,000
Previous Owner Torossian Osan $170,000
Previous Owner Torossian Osan $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $590,000 -5.6% $376 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $624,900 0.0% $398 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $624,900 -3.8% $398 / Sq Ft
05/10/2018 05/10/18 For Sale $649,900 -- $414 / 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 $5,470 $642,000 $296,700 $345,300
2024 $5,470 $642,000 $296,700 $345,300
2023 $5,334 $616,600 $277,300 $339,300
2022 $5,329 $591,400 $252,100 $339,300
2021 $5,047 $536,300 $240,100 $296,200
2020 $4,967 $541,100 $240,100 $301,000
2019 $4,732 $492,900 $218,300 $274,600
2018 $4,221 $412,200 $198,400 $213,800
2017 $3,982 $377,100 $185,500 $191,600
2016 $3,876 $346,400 $168,600 $177,800
2015 $3,700 $316,200 $160,600 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72324555

MLS Property Information Network (MLS PIN)

APN: MEDF-000011-000000-Y000085