NOT LISTED FOR SALE

79-81 Pearson Rd Medford, MA 02155

South Medford Neighborhood
4 Beds
2 Baths
2,598 Sq Ft
3,049 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $1,200,000 $462 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Tennis Courts
  • 3-minute walk to Nathan Tufts Park

About This Home

As of May 2022

Attention Investors! First time on market in 60 years! Updated, well-maintained two family in desirable Tufts/Powderhouse location. Each unit has 2BR, 1BA, gleaming hardwood floors, stained glass windows, enclosed front and open back porches and separate utilities. Second floor apartment boasts central a/c, newer furnace (2017), replacement windows, LR, DR, and family room/office. First floor apartment has natural woodwork throughout. Many updates including roof 2014, first floor unit furnace 2004, updated electrical and newer appliances in both. Conveniently located close to the Green Line Extensions and Red Line in Davis Square, Ball Square, Tufts University and Powderhouse Square. Great rental history. Both units at below market rent. Property is located on the Medford/Somerville line. Majority of property is in Medford.

Last Agent to Sell the Property

Joanne Hamilton

Century 21 North East License #448553917 Listed on: 04/07/2022

Last Buyer's Agent

Carlos Xu

Lexwin Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1907

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,598 Sq Ft Home
  • Property has 1 Level
  • Storm Doors
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,100
  • Rent includes unit 1(water), unit 2(water)

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,835

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1907
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Storage,Walk-In Closet,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2598
  • Stories Total: 3
  • MAIN LO: B92101
  • LIST PRICE PER Sq Ft: 411.86
  • PRICE PER Sq Ft: 461.89
  • MAIN SO: AN2577

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 2(Central Air,Unit Control)
  • Heating: Unit 1(Steam,Gas,Unit Control), Unit 2(Steam,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3215
  • PAGE: 92

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6835.42
  • Tax Book Number: 8850

Multi Family

  • Gross Income: 49200
  • Net Operating Income: 49200
  • Number Of Units Total: 2
  • Total Actual Rent: 4100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,200,000 +12.1% $462 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $1,070,000 -- $412 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joanne Hamilton

    Century 21 North East

    Section Image
  • Carlos Xu

    Buyer's Agent in 2022

    Carlos Xu

    Lexwin Realty

    (781) 367-8522

    3 in this area

    69 Total Sales

    Carlos Xu
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72963631

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Medford 02144 South Medford

79-81 Pearson Rd, Medford, MA

This home is located at 79-81 Pearson Rd, Medford, MA 02155 since 07 April 2022. This property was built in 1907. 79-81 Pearson Rd is a home located in Middlesex County with nearby schools including Medford High School, St. Clement Elementary School, and Wild Rose Montessori 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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