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47 Orchard Street

47 Orchard Street, Medford, MA 02155
Multifamily in Medford Hillside
Sold Jun 21, 2021
$1,075,000
$4,900,000 by Brookline Bank
Mortgage Due Jun 21, 2051
Sold Aug 25, 1998
$200,000
$118,000 by Medford Svgs Bk
Mortgage
Local assessors in Medford, MA have categorized 47 Orchard Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 3,290 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 47 Orchard Street has a total of 2,803 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a steam heating system is the primary heating source and it is 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, 47 Orchard Street sold most recently in Jun 18, 2021 for a total of $1,075,000. If you work out the math, that's approximately a cost of $383.52 per sqft. Before that, the property was also sold for $200,000 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 $8,422 in taxes each year. 47 Orchard Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $973,600. If we break it down further, the land itself was valued at $326,200. Improvements to the property, however, were assessed at a total of $647,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

Off Street Parking
Tandem Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,290
  • Total Building Area: 2,803
  • Gross Building Area: 4,996
  • Building Area: 2,803
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,803
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : GRASSIA MARK
  • Current Owner 2: GRASSIA ELENA
  • Previous Owner : BOUDREAU RACHELLE
  • Previous Owner 2: BOUDREAU KATHERYN C
  • Owner Before Previous Owner: BOUDREAU ROBERT W

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 339400

Geography

  • Account Number: 11501
  • Parcel: MEDF M:O-05 B:0108
  • Block: 108
  • Municipality: MEDFORD
  • Latitude: 42.4142
  • Longitude: -71.123

    Address

  • Full Address: 47 Orchard St
  • Address - House Number: 47
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medford
  • Carrier Code: C054
  • 4-Digit Zip Code: 4361
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,422

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,169,008
  • High Value: 1,379,196
  • Low Value: 958,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,900,000
  • First Open Lien Mortgage Lender: BROOKLINE BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $4,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $973,600
  • Assessed Land Value: $326,200
  • Assessed Improvements Value: $647,400

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841252271
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 139644
  • Previous Sale Recording Date: Aug 25, 1998
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROOKLINE BANK
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $4,900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MEDFORD SVGS BK
  • Previous Mortgage Transaction Date: Aug 25, 1998
  • Previous Mortgage Loan Amount: $118,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 47 Orchard Street located in?
The 47 Orchard Street is a multifamily located in the neighborhood of Medford Hillside in Medford Hillside, Medford.
What is the average sales price for listings in 47 Orchard Street?
The average sales price for units in 47 Orchard Street is $0 currently.

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