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41 Garfield Avenue

41 Garfield Avenue, Medford, MA 02155
Property in Glenwood
Sold Feb 20, 2018
$600,000
$531,000 by Quicken Loans Inc
Mortgage Due Aug 01, 2051
41 Garfield Avenue has been categorized by the local assessors in Medford, MA as a residential type of property. The building on the property was first built in 1892 and is 132 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 41 Garfield Avenue has 1,982 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,123 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 41 Garfield Avenue sold most recently in Jan 1, 1970 for a total of $600,000. If you work out the math, that's approximately a cost of $302.72 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,091 in taxes each year. 41 Garfield Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $704,200. If we break it down further, the land itself was valued at $310,000. Improvements to the property, however, were assessed at a total of $394,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Detached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,123
  • Total Building Area: 1,982
  • Gross Building Area: 3,972
  • Building Area: 1,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,982
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RINEHART DANIEL
  • Current Owner 2: RINEHART JULIA
  • Previous Owner : NEWMAN BARBARA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 339900

Geography

  • Account Number: 7546
  • Parcel: MEDF M:K-13 B:0016
  • Block: 16
  • Municipality: MEDFORD
  • Latitude: 42.4209
  • Longitude: -71.0951

    Address

  • Full Address: 41 Garfield Ave
  • Address - House Number: 41
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Medford
  • Carrier Code: C004
  • 4-Digit Zip Code: 4025
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,091

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 909,915
  • High Value: 1,107,691
  • Low Value: 712,139

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $656,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $531,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: UMASS/FIVE COLLEGE FEDERAL CRE
  • Second Open Lien Mortgage Recording Date: May 26, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $704,200
  • Assessed Land Value: $310,000
  • Assessed Improvements Value: $394,200

    Sales

  • Current Sale Recording Date: Feb 20, 2018
  • Current Sale Transaction ID: 11426936998
  • Current Sale Price: $600,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 23761

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Feb 20, 2018
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 20, 2048

About Glenwood



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Frequently Asked Questions

What neighborhood is 41 Garfield Avenue located in?
The 41 Garfield Avenue is a located in the neighborhood of Glenwood in Glenwood, Medford.
What is the average sales price for listings in 41 Garfield Avenue?
The average sales price for units in 41 Garfield Avenue is $0 currently.

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