Kyle Rand Acquires SFR In Medford, Ma For $1.11M

A single-family residential property located at 38 Alfred St in Medford, Massachusetts has been sold in a recent transaction. The property, with a total area of 2,301 square feet, was listed for sale with an asking price of $849,000.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $1,111,111
• Seller: Faye Weidner
• Buyer: Kyle Rand
• Seller's Representative: Lynn O’Connell - Leading Edge Real Estate
• Buyer's Representative: Alan Qiu - Chinatti Realty Group
• Date: 05/18/2021
• Market: Medford, Ma

The deal, facilitated by Lynn O’Connell of Leading Edge Real Estate on behalf of the seller, and Alan Qiu of Chinatti Realty Group representing the buyer, resulted in a final sale price of $1,111,111, surpassing the initial asking price. The property was able to attract a high level of interest, as it received multiple offers, ultimately beating out seven other competitors. Additional support was provided by @tranthemortgageman, who assisted with lending, and @drlawllc, the attorney involved in the buying process.