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Backup Offers

306 Riverside Ave, Medford, MA, 02155

$900,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,929 SqFt
$467/SqFt
Multi
Schools Nearby

Location

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306 Riverside Ave, Medford$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Paved
Year Built1910
BasementYes
MLS #73225807
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 306 Riverside Ave

OFFERS DUE TUES. 4/23 BY 5PM /// Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! Open house dates coming soon for the weekend of April 20 and 21st. See firm remarks for property website.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,929 SqFt

Listing Office:

  • Office Name: JR Associates
  • Listing Agent: James Riel

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Mudroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Property located at the corner of Riverside Ave and Hunewill Ave. Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $467/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%

Tax Information:

  • Annual Amount: $5,878
  • Tax Year: 2021
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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

$826.1K

Med. Price/SqFt

$499

Avg. Days On Market

26

# of Sold Homes

38

306 Riverside Ave vs Medford

13 DAYS ON ROCKET

-13 Days

$900,000

+$73.8K More

$467/SqFt

-$33 Less

KEY TAKEAWAY

This property is $73.8K more than the Median Sold Price and $33/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: #73225807

Listing Office:

  • Office Name: JR Associates
  • Listing Agent: James Riel

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2014Home Sold
$490,000
Jun 26, 2001Home Sold
$291,500
Oct 01, 1997Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,878$624,700
2020$5,782$629,900
2019$5,518$574,800
2018$5,279$515,500
2017$4,989$472,400

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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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-4526022
4
/10

  • John J Mcglynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-4526023
4
/10

  • Milton Fuller Roberts

  • 35 Court St

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-4526024
3
/10

  • Christopher Columbus

  • 37 Hicks Ave

  • 0.83 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 $40,268. Most Medford, MA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›306 Riverside Ave

This home is located at 306 Riverside Ave in Medford, MA and zip code 02155. This 1,929 square foot home, which was built in 1910, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $900,000.

In April 2024, from all listings sold in Medford, MA there were more than 24 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The number of listings in Medford, MA increased by 14% between March 2024 and April 2024. The median list price of listings available in April 2024 was $826,166, while the average time on the real estate market was 26 days.

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

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