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244 Main St # 3, Medford MA 02155

Medford, MA 02155
$800,000
Est. $5,036/month
3
Beds
2
Baths
1,508
Sq Ft
$531
Price/Sq Ft
2014
Year Built
12
Days on Market
Closed Listed Oct 8, 2024 • MLS# 73299624 Copied!

About this home

Welcome to Unit 3 at Hancock Crossing, a modern-construction 5 unit condominium in south Medford near the Medford/Tufts T station, the Somerville border, and Davis Square. This spacious 3 bedroom 2 bathroom home is in fantastic condition, and boasts 3 private balconies, 2 adjacent and exclusive off-street parking spaces, central heating and cooling, and a huge private storage area in the basement. Enjoy the quiet privacy of this corner unit's rear orientation, while you benefit from its multiple sunny exposures and wonderful 2 floor layout. The kitchen, living room, two of the bedrooms, and a full bath, flow through the first level and the second level features the primary bedroom and an en-suite bathroom. The space is ample, the bedrooms are large, and all the boxes get checked with in-unit laundry, modern energy efficient appliances, and tremendous convenience of neighborhood amenities like nearby Whole Foods, Wegmans, and Medford Square shopping, dining, and entertainment.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2014
Bedrooms
3
Full Bathrooms
2
Living Area
1,508 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $800,000
Difference: +$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $530
Sale $/sq ft: $531
This property sold for $531 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$531/sq ft
Area Average
$496/sq ft
Difference
+7.1%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2014
Living Area 1,508 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,574
Assessed Value $654,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 2014
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Location

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Neighborhood

244 Main St # 3, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $465
Homeowners Insurance $200
HOA Fee $326/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

0.1%
Price Range
14
Total Days on Market

Property Timeline

Sold
Nov 22, 2024
$800,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Oct 8, 2024
$799,000
Original listing
Agent: Philip Murray Office: Compass

Price & Status History

Date Event Price Change
Oct 8, 2024 New Listing Added $799,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$531

Tax History

Year Taxes Assessment
2024 $5,574 $654,200

Financial Details

Annual Property Tax
$5,574
Tax Year 2024
HOA Fee
$326
Per month
Assessed Value
$654,200

Listing Information

Listing Agent Philip Murray
Listing Office Compass
Agent MLS ID CN219493
Office MLS ID AN2383
Listing Data Updated Nov 22, 2024 6:13 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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