Sold Sep 19, 2022
$725,000
Seller
$580,000
by Citizens Bank
Mortgage Due Sep 19, 2052
Sold Nov 10, 2016
$380,000
Buyer
Seller
5 Lauriat Place 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 1910 and is 114 years old.
The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
The building has a total of 2 stories.
In addition, 5 Lauriat Place has 1,732 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 3,057 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 wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. 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, 5 Lauriat Place sold most recently in Sep 19, 2022 for a total of $725,000. If you work out the math, that's approximately a cost of $418.59 per sqft. Before that, the property was also sold for $380,000 in Jan 1, 1970. 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 $4,871 in taxes each year. 5 Lauriat Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $563,100. If we break it down further, the land itself was valued at $274,900. Improvements to the property, however, were assessed at a total of $288,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
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 wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. 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, 5 Lauriat Place sold most recently in Sep 19, 2022 for a total of $725,000. If you work out the math, that's approximately a cost of $418.59 per sqft. Before that, the property was also sold for $380,000 in Jan 1, 1970. 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 $4,871 in taxes each year. 5 Lauriat Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $563,100. If we break it down further, the land itself was valued at $274,900. Improvements to the property, however, were assessed at a total of $288,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
Outdoor Space
Garden
Parking
Off Street Parking
Condition
Cleared Lot
Level Lot
This property description is generated based on publicly available data.
5 Lauriat Place, Medford, MA 02155
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. By proceeding, you agree to our Terms of Service.
