NOT LISTED FOR SALE

Estimated Value: $982,000 - $1,177,000

5 Beds
2 Baths
2,016 Sq Ft
$527/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $729,000 $362 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,276/month

5 Days on Market

Highlights

  • In Ground Pool
  • Fenced Yard
  • Patio
  • Wood Flooring
  • Porch
  • Tankless Water Heater

About This Home

As of March 2019

For the first time in over 70+ years, 82-84 Billings Ave in South Medford is ready for its new owner. Before the crazy Spring market hits, here is your chance to invest in a 5 bedroom two family with prime location. While adding your personal touches this property is a great opportunity to get into Medford's HOT market. First floor offers 3 bedrooms 1 full bath, large dining room/living room with hardwood floors. Unit 2 is on the second floor which offers 2 bedrooms,1 bathroom and access to large walk up attic. Both units have newer gas boilers, unit 1 has new hot water tank and unit 2 has new tankless water heater. Plenty of parking in a 3 car driveway a detached garage. Garage leads to private fenced in yard with inground pool. Billings Ave is located just off of Mystic Ave which gives you quick access to RT93 for easy commute into Boston. Also located 1 mile from Tufts University. House will be delivered vacant. OFFER DUE TUESDAY 2/19 @ 12:00

Last Agent to Sell the Property

Kenny Leva

Gibson Sotheby's International Realty Listed on: 02/14/2019

Gibson Sotheby's International Realty

Co-Listed By

Dennis Gianino

Gibson Sotheby's International Realty

Last Buyer's Agent

Frances Allegra

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1910

Lot Details

  • Fenced Yard

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • In Ground Pool
  • Patio
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Satellite Dish

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:R-10 B:0034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 334.77
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement
  • Main Lo: BB5823
  • Main So: K95001
  • Estimated Sq Ft: 2016.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Pool - Inground, Gutters, Storage Shed, Fenced Yard, Satellite Dish
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank, Tankless
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 541300.00
  • Acre: 0.14
  • Lot Size: 6000.00
  • Page: 266
  • Parcel Number: M:R-10 B:0034
  • Zoning: res
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5543.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 29, 2019
Sold by
Billings Avenue Rt
Bought by
Monteiro Christopher and Monteiro Christopher M
Seller's Agent
Kenny Leva
Gibson Sotheby's International Realty
Buyer's Agent
Frances Allegra
Gibson Sotheby's International Realty
List Price
$674,900
Sold Price
$729,000
Premium/Discount to List
$54,100
8.02%
Current Estimated Value
$1,063,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,385
Avg. Annual Appreciation
5.94%
Original Mortgage
$583,200
Outstanding Balance
$512,736
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$550,649
Source: Public Records

Range of Values:

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Average Value
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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
Monteiro Christopher $729,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteiro Christopher $583,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $729,000 +8.0% $362 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $674,900 -- $335 / 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 $7,860 $922,500 $347,500 $575,000
2024 $7,860 $922,500 $347,500 $575,000
2023 $7,691 $889,100 $324,800 $564,300
2022 $7,745 $859,600 $295,300 $564,300
2021 $7,265 $772,100 $281,200 $490,900
2020 $6,079 $662,200 $281,200 $381,000
2019 $5,800 $604,200 $255,600 $348,600
2018 $5,543 $541,300 $232,400 $308,900
2017 $5,229 $495,200 $217,200 $278,000
2016 $5,469 $488,700 $197,400 $291,300
2015 $5,108 $436,600 $188,000 $248,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72453248

MLS Property Information Network (MLS PIN)

APN: MEDF-000010-000000-R000034