24 days on rocket

494-496 Main St, Medford, MA, 02155

$1,199,990

Home List Price

$10,000*

Closing Credit

7 Bedrooms
2 Full Baths
3,114 SqFt
$385/SqFt
Multi

Location

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494-496 Main St, Medford$1,199,990

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1910
HeatingCentral, Forced Air, Natural Gas
BasementYes
MLS #73281037
Lot Size0.09 Acres
StatusActive

About 494-496 Main St

Location, Location, Location, under a 5 minute drive to Tufts! Here’s your opportunity to own in the highly sought-after Medford area. Whether you're an owner-occupant or an investor, this property is a perfect fit. **Unit 1** offers a comfortable layout featuring a kitchen, living room, 3 spacious bedrooms, and 1 full bath. **Unit 2** is a bi-level townhouse-style apartment, boasting a large kitchen, inviting living room, 4 generous bedrooms, and 1 bathroom. The property includes a large fenced-in backyard, perfect for outdoor activities, and convenient off-street parking. Coin-Op washer/dryer in basement for extra income on separate hot water tank powered by common meter. Located close to everything Medford has to offer including easy 93 access, restaurants, shopping, parks, this home is a rare find in a hot market. Don’t miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 3,114 SqFt

Listing Office:

  • Office Name: Thread Real Estate, LLC
  • Listing Agent: Lynda Le

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,990
  • Price Per SqFt: $385/SqFt
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Housing Market Comparison

See how this home compares to others in Medford, MA.

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Medford, MA

City

Med. Sold Price

$850K

Med. Price/SqFt

$508

Avg. Days On Market

19

# of Sold Homes

35

494-496 Main St vs Medford

24 DAYS ON ROCKET

+5 Days

$1,199,990

+$349.9K More

$385/SqFt

-$123 Less

KEY TAKEAWAY

This property is $349.9K more than the Median Sold Price and $123/SqFt less than other homes in Medford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73281037

Listing Office:

  • Office Name: Thread Real Estate, LLC
  • Listing Agent: Lynda Le

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2328300
4
/10

  • Christopher Columbus

  • 37 Hicks Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-2328301
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.71 miles

  • Public District Grades KG-6

school-card-donut-2328302
4
/10

  • John J Mcglynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 0.81 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,973. Most Medford, MA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›494-496 Main St

This home is located at 494-496 Main St in Medford, MA and zip code 02155. This 3,114 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $1,199,990.

Over 24 listings were sold over their listed price in August 2024 in Medford, MA. In the same period over 11 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Medford, MA between July 2024 and August 2024 decreased by 9.1%. In August 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $850,000.

From Rocket Homes Real Estate and based on county public records data.

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