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314 Riverside Ave # 401, Medford MA 02155

Medford, MA 02155
$520,000
Est. $3,483/month
2
Beds
1
Baths
905
Sq Ft
$575
Price/Sq Ft
0.00
Acres
1984
Year Built
11
Days on Market
Closed Listed May 29, 2024 • MLS# 73244065 Copied!

About this home

Stunning 2 bedroom penthouse condo in sought after Medford location. Meticulously maintained and updated unit with newer kitchen appliances, new microwave, and granite counters. Recently renovated bathroom has glass barn-door, gray stone tiling, radiant heat floors and new vanity. Full length balcony accessed from living room and bedroom is perfect for morning/afternoon vistas, and has custom shade/weather awning for added comfort. In-unit heat pump w/ NEST programmable thermostat. Spacious dining area with built-in cabinet opens to living room with western exposure. Two generously proportioned bedrooms, one facing South, and the other West (w/ access to balcony). Brand new roof (2022). Laundry on same level. Deeded parking spot. A fantastic opportunity to own in a great location!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
1
Living Area
905 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $520,000
Difference: +$45,000 (+9.5%)
Performance Metrics
109.5%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $525
Sale $/sq ft: $575
This property sold for $575 per square foot
Sale Summary

This property sold for 9.5% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$575/sq ft
Area Average
$460/sq ft
Difference
+25.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1984
Living Area 905 sq ft
Lot Size 0.0000
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring Wood, Tile, Vinyl / Vct
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Fireplace None
Basement N
Laundry Common Area, In Building
Features Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $3,414
Assessed Value $394,700

Interior Features

Flooring: Wood, Tile, Vinyl / VCT
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Interior Features: Elevator
Windows: Insulated Windows, Storm Window(s)
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1984
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

314 Riverside Ave # 401, 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 $285
Homeowners Insurance $200
HOA Fee $369/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

8.7%
Price Range
12
Total Days on Market

Property Timeline

Sold
Jul 31, 2024
$520,000
Property sold
Days on Market: 12
🏠
Listed for Sale
May 29, 2024
$475,000
Original listing
Agent: Scott Driscoll Office: Redfin Corp.

Price & Status History

Date Event Price Change
May 29, 2024 New Listing Added $475,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$575

Tax History

Year Taxes Assessment
2023 $3,414 $394,700

Financial Details

Annual Property Tax
$3,414
Tax Year 2023
HOA Fee
$369
Monthly
Assessed Value
$394,700

Listing Information

Listing Agent Scott Driscoll
Listing Office Redfin Corp.
Agent MLS ID CN205467
Office MLS ID NB3534
Listing Data Updated Jul 31, 2024 3:50 PM EDT
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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