Financial
Distress signals
Property profile

242 Mystic Ave Medford, MA 02155

OFF-MARKET
Office buildings
Property ID
US38-1013696
1,050 SF 0.27 ac lot Built 1948
Last sale Sep 2001 · $350,000
Individually Owned Owner of record is an individual. 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$533k
Assessed land$382k
Assessed improvement$152k
Effective rate1.64%

Value estimate

· Sep 2026
$405k
$365k – $446k
AI approach$265k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$171 – $272
Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel12.4
Nursing Home12.0
Pawn Shop11.6

Location

242 Mystic Ave Medford, MA 02155-4652
County assessor Recorded deeds · 1 transfer 19 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 George P Hassett, Medford, MA 02155-3201 $2,500,000 Jun 2024 2,400 SF
1 Salem, Medford, MA 02155-3205 $1,900,000 Nov 2023 7,151 SF
16 Bradlee, Medford, MA 02155-3171 $975,000 Dec 2022 3,588 SF
170 Mystic, Medford, MA 02155-4652 $6,100,000 Mar 2022 4,158 SF
9 Jerome, Medford, MA 02155-6772 $92,000 May 2020 2,308 SF
402 Salem, Medford, MA 02155-3309 $225,000 Dec 2019 2,228 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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