NOT LISTED FOR SALE

1 Fremont Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,376,000 - $1,810,710

5 Beds
2 Baths
2,630 Sq Ft
$585/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $835,000 $317 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,488/month

46 Days on Market

About This Home

As of June 2015

Situated on a corner lot and abutting Lincoln Park with SEPARATE UTILITIES and delead certificates, this home offers a great opportunity for both owner occupants and investors. Truly an AMAZING LOCATION - with easy access to Harvard, Union and Inman Squares and boasting a 93 Walkscore, this wonderful, sun-splashed, METICULOUSLY MAINTAINED, long time family owned home has everything right at the front door including quaint coffee shops, entertainment, restaurants, schools and PUBLIC TRANSPORTATION (less than a mile to Central Square T Stop). Recent improvements include NEW VINYL SIDING, new roof, NEW HEATING SYSTEMS, new farmers porch and deck, hardwood floors and more. Unit 1 features NEW GLEAMING HARDWOOD FLOORS, 2 bedrooms, living room, NEW BATHROOM and Eat-In-Kitchen. Unit 2 consists of second and third floors and features updated kitchen, large living and dining rooms and 3 bedrooms. Ideally situated in a HIGH RENT LOCATION, this is a must see for the investor or owner occupant.

Last Agent to Sell the Property

The Mavroules Team

Good Deeds Realty Partners Listed on: 03/25/2015

Last Buyer's Agent

Dino Confalone

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,826

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, University
  • Electric: Circuit Breakers, Individually Metered
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Utility Connections: for Gas Range, for Gas Oven

Lot Info

  • Assessor Parcel Number: 75-C-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jun 9, 2015
Sold by
Hardy Linda
Bought by
Lucas Deborah J
Seller's Agent
The Mavroules Team
Good Deeds Realty Partners
Buyer's Agent
Dino Confalone
Gibson Sotheby's International Realty
List Price
$724,900
Sold Price
$835,000
Premium/Discount to List
$110,100
15.19%
Current Estimated Value
$1,539,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,178
Avg. Annual Appreciation
6.08%
Original Mortgage
$533,850
Outstanding Balance
$201,233
Interest Rate
3.62%
Mortgage Type
Unknown
Estimated Equity
$1,337,945
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lucas Deborah J $835,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Deborah J $533,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2015 06/09/15 Sold $835,000 +15.2% $317 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $724,900 -- $276 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,826 $1,450,600 $661,800 $788,800
2024 $15,127 $1,437,900 $661,800 $776,100
2023 $14,338 $1,386,700 $661,800 $724,900
2022 $13,522 $1,328,300 $630,300 $698,000
2021 $12,837 $1,259,800 $600,300 $659,500
2020 $12,089 $1,198,100 $577,100 $621,000
2019 $10,935 $1,016,300 $490,100 $526,200
2018 $8,656 $765,300 $445,500 $319,800
2017 $8,296 $710,900 $403,500 $307,400
2016 $7,886 $629,400 $396,600 $232,800
2015 $7,523 $596,600 $365,900 $230,700
Source: Public Records

Agents Affiliated with this Home

  • The Mavroules Team

    Seller's Agent in 2015

    The Mavroules Team

    Good Deeds Realty Partners

    (781) 866-6195

    2 in this area

    136 Total Sales

    The Mavroules Team
    Section Image
  • Dino Confalone

    Buyer's Agent in 2015

    Dino Confalone

    Gibson Sothebys International Realty

    (617) 803-5007

    97 Total Sales

    Dino Confalone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71806284

MLS Property Information Network (MLS PIN)

APN: SOME-000075-C000000-000002

Massachusetts Middlesex County Somerville 02143 Prospect Hill

1 Fremont Ave, Somerville, MA

This home is located at 1 Fremont Ave, Somerville, MA 02143 since 25 March 2015 and is currently estimated at $1,539,178, approximately $585 per square foot. This property was built in 1900. 1 Fremont Ave is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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