Sold
Last Sold Price
4 beds2,598 sqft
79-81 Pearson Rd, Medford, MA 02155
Multi FamilyProperty Type
0.07 acresLot Size
1907Year Built
$462/sq ftPrice per sq ft
2 carsParking Spaces

Description

Attention Investors! First time on market in 60 years! Updated, well-maintained two family in desirable Tufts/Powderhouse location. Each unit has 2BR, 1BA, gleaming hardwood floors, stained glass windows, enclosed front and open back porches and separate utilities. Second floor apartment boasts central a/c, newer furnace (2017), replacement windows, LR, DR, and family room/office. First floor apartment has natural woodwork throughout. Many updates including roof 2014, first floor unit furnace 2004,...Attention Investors! First time on market in 60 years! Updated, well-maintained two family in desirable Tufts/Powderhouse location. Each unit has 2BR, 1BA, gleaming hardwood floors, stained glass windows, enclosed front and open back porches and separate utilities. Second floor apartment boasts central a/c, newer furnace (2017), replacement windows, LR, DR, and family room/office. First floor apartment has natural woodwork throughout. Many updates including roof 2014, first floor unit furnace 2004, updated electrical and newer appliances in both. Conveniently located close to the Green Line Extensions and Red Line in Davis Square, Ball Square, Tufts University and Powderhouse Square. Great rental history. Both units at below market rent. Property is located on the Medford/Somerville line. Majority of property is in Medford.
  • Listed by: Joanne Hamilton • Century 21 Advance Realty
Listing closed: 05/09/2022 12:00 AM • Source: MLS PIN, MLS#: 72963631

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Location

Listing Courtesy of Century 21 Advance Realty, Joanne Hamilton

Sold By Lexwin Realty, Carlos Xu

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Payment Calculator

$6,976 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,406

Property Taxes

$570

HOA Dues

$0

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Property Information for 79-81 Pearson Road

Property Details
  • Taxes: $6,835 / year
  • MLS Type: Multi-family / 2 Family - 2 Units Up/Down
  • Town: Medford
  • MLS Area: Tufts University
  • Area: MA-Medford-Tufts University, MA-Medford
  • Garage Spaces: 0
  • Open Parking Spaces: 2.00
  • Parking Spaces Total: 2
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1907
  • Lot Size: 0.07 AC / 3,215 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Current Financing: Cash
  • Living Area: 2598.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Dishwasher, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors)
  • Interior Features: Unit 1(Ceiling Fans, Storage, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Walk-In Closet, Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Office/Den
  • Laundry Features: Washer Hookup
Exterior Features
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Porch, Porch - Enclosed
  • Fencing: Fenced
  • Lot Description: Level
  • Patio And Porch Features: Porch, Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, On Street Permit
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, On Street Permit
  • Parking Features: Off-Street, Tandem, On Street Permit
Utilities
  • Cooling: Unit 2(Central Air, Unit Control)
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Green Energy Efficient: Thermostat
  • Heating: Unit 1(Steam, Gas, Unit Control), Unit 2(Steam
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: No
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Listing agent is owner of this property.
Tax Information
  • Assessments: $726,400
  • Book: 8850
  • Tax Year: 2022
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 1
  • Cooling Zones: 1
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $49,200.00
  • NOI: $49,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,100.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 79-81 Pearson Road

DateEvent & SourcePriceAppreciation
May 9, 2022

Sold

MLS PIN #72963631

$1,200,000—
Apr 12, 2022

Under Agreement

MLS PIN #72963631

—
Apr 12, 2022

Contingent

MLS PIN #72963631

—
DateEvent & SourcePrice
05/09/2022

Sold

MLS PIN #72963631

$1,200,000
04/12/2022

Under Agreement

MLS PIN #72963631

—
04/12/2022

Contingent

MLS PIN #72963631

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 79-81 Pearson Road

This home is within Medford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Missituk Elementary School
PublicPK to 5

John J. McGlynn Middle School
Public6 to 8

Medford High School
Public9 to 12

Curtis-Tufts High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Advance Realty, Joanne Hamilton

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.