314 Riverside Ave, #408, Medford, MA, 02155 | $519,900

Move-in ready penthouse corner 2-bedroom condo with parking offers the perfect blend of location, convenience & affordability! Unbeatable Medford location is close to everything. Commuters will love the MBTA bus to Wellington (Orange Line) right outside & I-93 just minutes away. Only 1. 5 miles to Tufts University. Numerous shopping & dining options in Medford Sq, Malden Center & Somerville's Assembly Row. Enjoy the outdoors at parks & trails along Mystic River. And Encore Casino & Boston are nearby when you want some nightlife! This sun-filled unit features oversized windows & open living/dining layout with lots of flexibility. Enjoy two spacious beds, excellent closet space, and central air. Building features elevator, 4th floor laundry room & additional storage. Recent updates include refreshed kitchen & bathroom, fresh paint throughout, new lights, newer refrigerator & garbage disposal. Building has newer roof & repointed brick. Available now for quick closing. Don't miss it!

Features

  • Parking: 1-car, Off Street, Deeded, Paved
  • Heating: Forced Air, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Fourth Floor, Common Area, In Building
  • Complex: Sprague House Condominium
  • Year Built: 1984
  • Common Charge: $451 Monthly
  • Approx Sq. Feet: 1,145
  • Est. Taxes: $4,411
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Water Treatment, Range Hood
  • MLS#: 73499352
  • Website: https://www.raveis.com
    /prop/73499352/314riversideave_medford_ma?source=qrflyer
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.

Room Information

Type DescriptionLevel
Bedroom 2 Closet, Flooring - Wall to Wall CarpetMain,Fourth Floor
Dining Room Closet, Exterior Access, Open Floorplan, Lighting - OverheadMain,Fourth Floor
Kitchen Countertops - Stone/Granite/Solid, Lighting - OverheadMain,Fourth Floor
Living Room Open Floorplan, Lighting - OverheadMain,Fourth Floor
Master Bedroom Walk-In Closet(s)Main,Fourth Floor

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Kimmi DeKlynSales Associate

503.507.3524

Kimmi.DeKlyn@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

314 Riverside Ave, #408, Medford, MA, 02155

$519,900

Kimmi DeKlyn

Sales Associate

William Raveis Real Estate

Phone: 503.507.3524

Kimmi.DeKlyn@Raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $415,920 $415,920 $415,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.398% 5.595%
Monthly Tax Payment $368 $368 $368
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,427 $2,561 $3,371
Total Monthly Payment $2,887 $3,021 $3,831

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.