This three-family home is situated on a corner lot and conveniently located close to Wellington Circle Shopping Center and the Wellington Train Station. For people using public transportation there is a bus stop directly in front of the property. Assembly Square, with its' many restaurants, is approximately a mile away. The home has replacement windows, lots of hardwood floors and is covered in maintenance-free vinyl siding. There is driveway parking for 2 (possibly 3) cars. The purchase of this home presents an ideal opportunity for a homeowner or an investor.
Sale Statistics
Sale Overview
Original List Price:$1,250,000
Final Sale Price:$1,270,000
Difference:
+$20,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$417
Sale $/sq ft:$423
This property sold for $423 per square foot
Sale Summary
This property sold for 1.6% above the original asking price, indicating strong buyer demand.
With only 27 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,000 sq ft
Total Rooms
14
Stories
3
Levels
3
Interior Features
Flooring
Tile, Carpet, Hardwood
Heating
Oil, Steam
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
Basement Details
Full
Window Features
Skylight(s), Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Block
Exterior Features
Rain Gutters
Patio/Porch Features
Porch, Enclosed
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.12 acres
Lot Size
5,040 sq ft
Lot Size Area
0.1200
Lot Features
Corner Lot, Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, On Street, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$8,134
Tax Year
2024
Tax Assessed Value
$954,700
Zoning
Res
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
The homeowner lives in Unit #1. The tenants in the other 2 units have expressed an interest in staying.
Listing Terms
Contract
Location
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Neighborhood
848-850 Fellsway, Medford MA 02155
Medford, MA 02155
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$678
Homeowners Insurance$200
PMI$0
Property History
Market Insights
1.6%
Price Range
29
Total Days on Market
Property Timeline
✓
Sold
Jun 27, 2024
$1,270,000
Property sold
Days on Market: 29
🏠
Listed for Sale
May 1, 2024
$1,250,000
Original listing
Agent: Sal DipintoOffice: Coldwell Banker Realty - Lexington
