78 Terrace Rd is a 1,796 square foot house on a 6,534 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Medford data, we estimate the home's value is $939,715.
Single-familyProperty Type
1935Year Built
6,534 sq ftLot Size
$523Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$939,715
$55K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.7% higher than the average sale price ($934K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$8,042 (+12.5%)
$513,700 + $418,200
$931,900
2024
$7,149 (+5.1%)
$465,900 + $373,200
$839,100
2023
$6,800 (+2.8%)
$435,400 + $350,700
$786,100
2022
$6,613 (+3.2%)
$395,800 + $338,200
$734,000
2021
$6,406 (+2.0%)
$376,900 + $303,900
$680,800
2020
$6,278 (+4.4%)
$376,900 + $307,000
$683,900
2019
$6,012 (+1.9%)
$342,700 + $283,600
$626,300
2018
$5,901 (+2.6%)
$311,500 + $264,800
$576,300
2017
$5,750 (+7.6%)
$291,100 + $253,400
$544,500
2016
$5,344 (+5.6%)
$264,700 + $212,900
$477,600
2015
$5,059 (+1.1%)
$252,000 + $180,400
$432,400
2014
$5,003 (+1.2%)
$240,000 + $168,400
$408,400
2013
$4,944 (+3.0%)
$252,700 + $147,300
$400,000
2012
$4,799 (+3.5%)
$252,700 + $146,200
$398,900
2011
$4,638 (+1.1%)
$252,700 + $146,800
$399,500
2010
$4,586 (+8.3%)
$252,700 + $165,000
$417,700
2009
$4,236
$237,400 + $182,800
$420,200
Tax history for 78 Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,042 (+12.5%)
$513,700 + $418,200
$931,900
2024
$7,149 (+5.1%)
$465,900 + $373,200
$839,100
2023
$6,800 (+2.8%)
$435,400 + $350,700
$786,100
2022
$6,613 (+3.2%)
$395,800 + $338,200
$734,000
2021
$6,406 (+2.0%)
$376,900 + $303,900
$680,800
2020
$6,278 (+4.4%)
$376,900 + $307,000
$683,900
2019
$6,012 (+1.9%)
$342,700 + $283,600
$626,300
2018
$5,901 (+2.6%)
$311,500 + $264,800
$576,300
2017
$5,750 (+7.6%)
$291,100 + $253,400
$544,500
2016
$5,344 (+5.6%)
$264,700 + $212,900
$477,600
2015
$5,059 (+1.1%)
$252,000 + $180,400
$432,400
2014
$5,003 (+1.2%)
$240,000 + $168,400
$408,400
2013
$4,944 (+3.0%)
$252,700 + $147,300
$400,000
2012
$4,799 (+3.5%)
$252,700 + $146,200
$398,900
2011
$4,638 (+1.1%)
$252,700 + $146,800
$399,500
2010
$4,586 (+8.3%)
$252,700 + $165,000
$417,700
2009
$4,236
$237,400 + $182,800
$420,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Feb 26, 2023 • Final
Plumbing
Gas
Plumbing
Water heater
Feb 26, 2023 • Final
Gas
Gas
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 798
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Forced Hot Water
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Colonial
Exterior Wall: Vinyl
Roof Shape Type: Gable
Property Information
Living Sq. Ft: 1,796
Gross Sq. Ft: 3,238
# of Units: 1
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,534
Municipality Name: MEDFORD
Acres: 0.15
Zoning Code: SF1
State Use Description: 1-FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,796
Stories: 2.0
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: —
County: Middlesex County
APN: 1961569S
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Roberts Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Andrews Middle School
Public 6-8 • Assigned • 1.1mi
6/10
Medford High School
Public PreK-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The origin of both "Jingle Bells" and "Over the River!" Medford has become more desirable recently with the Green Line Extension and as folks are looking for an "urban suburban" property. Medford has a mix of condos, detached homes, and townhouses,...