D
Seller's Agent in 2024
Daniel Colombo
Colombo Real Estate LLC
(617) 949-9007
1 in this area
5 Total Sales
81 Frederick Ave Medford, MA 02155
South Medford NeighborhoodEstimated Value: $1,003,000 - $1,114,000
4
Beds
2
Baths
2,044
Sq Ft
$528/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tandem Parking
- Living Room
- Skylights
- Window Unit Cooling System
- Dining Room
About This Home
As of November 2024Location, location, LOCATION! Rare opportunity to own prime 2-family real estate in the Medford/Tufts area. Stone throw to Tufts University and Green Line Extension. Situated at the epicenter of a Medford submarket with many new developments on the horizon, this is a great buy for either an investor, or potential owner-occupant. Poised for long-term appreciation! Property features include cozy living/gathering spaces, gleaming hardwood & tile flooring, beautiful eat-in style kitchen with modern appliances, skylight in the second floor, off-street, tandem parking, and tons of natural lighting throughout. Easy access to Davis Square red line T stop, route 93, Sullivan Square orange line T stop, and minutes to Downtown Boston. Close proximity to new attractions such as The Great American Beer Hall. Open Houses Saturday & Sunday 10/12 & 10/13, 12:00PM to 2:00PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,316
Year Built
- Built in 1922
Lot Details
- 3,000 Sq Ft Lot
- Fenced
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,044 Sq Ft Home
- Property has 1 Level
- Skylights
- Living Room
- Dining Room
- Unfinished Basement
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
Community Details
- 2 Units
- Net Operating Income $60,300
Listing and Financial Details
- Total Actual Rent $5,025
- Rent includes unit 1(water), unit 2(water)
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2019
Sold by
King Peter J
Bought by
Psi Properties Llc
Current Estimated Value
Purchase Details
Closed on
May 2, 2003
Sold by
Doran Sandra Sherry and Doran Edward M
Bought by
King Peter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 1998
Sold by
Zollo Michele B and Debella John M
Bought by
Sherry Sandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,978
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Psi Properties Llc | -- | -- | |
| Psi Properties Llc | -- | -- | |
| King Peter J | $440,000 | -- | |
| Sherry Sandra M | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | King Peter J | $352,000 | |
| Previous Owner | Sherry Sandra M | $198,978 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $1,060,000 | +7.6% | $519 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | For Sale | $985,000 | -- | $482 / 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 | $6,874 | $781,100 | $315,400 | $465,700 |
| 2024 | $6,316 | $741,300 | $300,400 | $440,900 |
| 2023 | $6,175 | $713,900 | $280,700 | $433,200 |
| 2022 | $6,202 | $688,400 | $255,200 | $433,200 |
| 2021 | $5,840 | $620,600 | $243,000 | $377,600 |
| 2020 | $5,780 | $629,600 | $243,000 | $386,600 |
| 2019 | $5,506 | $573,500 | $220,900 | $352,600 |
| 2018 | $5,241 | $511,800 | $200,900 | $310,900 |
| 2017 | $4,922 | $466,100 | $187,700 | $278,400 |
| 2016 | $4,459 | $398,500 | $170,700 | $227,800 |
| 2015 | $4,232 | $361,700 | $162,500 | $199,200 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Colombo
-
Ning Sun
Buyer's Agent in 2024
Ning Sun
United Real Estate, LLC
(781) 386-7257
4 in this area
255 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73300633
APN: MEDF-000008-000000-R000036
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.
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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