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GovAuctions aggregates government surplus auctions from official platforms. We are not affiliated with GSA, HUD, or any government agency. Β· Terms Β· Privacy
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πŸ›οΈGovAuctions
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154 Summer St Unit 154, Medford, MA - photo 1

154 Summer St Unit 154, Medford, MA

Fannie MaeReal EstateπŸ“Medford, MA

List Price

$0

Availability

For sale

Appraised valueFixed price
$859,900
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in MassachusettsClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Massachusetts: Massachusetts is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

Seller

πŸ›οΈ Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 154 Summer St Unit 154, MA 02155. Condo, 4 bed, 3 bath, 2,017 sqft, built 2021. Sold as-is by Fannie Mae.

Pickup Information

πŸ“
Medford, MA 02155

Fannie Mae

Appraised valueFixed price
$859,900
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in MassachusettsClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Massachusetts: Massachusetts is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

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Market data: see how government surplus prices are moving in the Surplus Price Index and how often each category sells in the Surplus Market Report.