A
Seller's Agent in 2024
Aira Ilao
Listwithfreedom.com
(855) 456-4945
1 in this area
591 Total Sales
1 Summer St Unit 2 Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $970,000 - $1,036,000
2
Beds
2
Baths
1,200
Sq Ft
$599/mo
HOA Fee
Highlights
- Wood Flooring
- 1 Car Attached Garage
- Baseboard Heating
- Somerville High School Rated A-
- Central Air
- 4-minute walk to Quincy Street Open Space
About This Home
As of December 2024Experience urban living at its finest in this beautifully renovated 2Bed/2bath loft, located in a historic Somerville building in Union Square, just blocks from the Green Line T-stop. Featuring 14-foot ceilings and wood floors, this space boasts a stylish kitchen with Bosch and LG stainless steel appliances, quartz countertops, a mobile island, and designer fixtures. Both bathrooms offers elegant marble tile with heated floor in one of them.. A small loft overlooks the kitchen and living area, while recessed lighting, efficient baseboard heating, central air conditioning, an in-unit washer/dryer, elevator access, and heated garage parking 1 space complete the package. Step outside to the front and there is a garden seating area and you are only steps to the multitude of restaurants and nightlife that Union Square has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,660
Year Built
- Built in 1858
HOA Fees
- $599 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- 1 Heating Zone
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- Association fees include insurance, maintenance structure
- 7 Units
- Mid-Rise Condominium
Listing and Financial Details
- Assessor Parcel Number M:73 B:A L:45 U:2,4696660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Dec 13, 2024
Sold by
Gullapalli Anil R
Bought by
Morrill Laura A
Seller's Agent
Aira Ilao
Listwithfreedom.com
Buyer's Agent
Aira Ilao
Listwithfreedom.com
List Price
$1,030,000
Sold Price
$1,000,000
Premium/Discount to List
-$30,000
-2.91%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,530
Avg. Annual Appreciation
0.25%
Original Mortgage
$700,000
Outstanding Balance
$693,896
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,634
Purchase Details
Closed on
May 12, 2006
Sold by
Minmaria Inc
Bought by
Gullapalli Anil Ram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrill Laura A | $1,000,000 | None Available | |
| Morrill Laura A | $1,000,000 | None Available | |
| Gullapalli Anil Ram | $480,000 | -- | |
| Gullapalli Anil Ram | $480,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrill Laura A | $700,000 | |
| Closed | Morrill Laura A | $700,000 | |
| Previous Owner | Gullapalli Anil Ram | $365,000 | |
| Previous Owner | Gullapalli Anil Ram | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,000,000 | -2.9% | $833 / Sq Ft |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $1,030,000 | 0.0% | $858 / Sq Ft |
| 01/19/2022 01/19/22 | Rented | -- | -- | -- |
| 01/18/2022 01/18/22 | Under Contract | -- | -- | -- |
| 12/14/2021 12/14/21 | For Rent | $3,995 | -0.1% | -- |
| 05/14/2019 05/14/19 | Rented | $4,000 | +5.3% | -- |
| 05/07/2019 05/07/19 | Under Contract | -- | -- | -- |
| 04/02/2019 04/02/19 | For Rent | $3,800 | 0.0% | -- |
| 03/24/2019 03/24/19 | Off Market | $3,800 | -- | -- |
| 03/18/2019 03/18/19 | Price Changed | $3,800 | -5.0% | $3 / Sq Ft |
| 02/06/2019 02/06/19 | For Rent | $4,000 | +5.3% | -- |
| 10/01/2018 10/01/18 | Rented | $3,800 | -5.0% | -- |
| 09/27/2018 09/27/18 | Under Contract | -- | -- | -- |
| 08/20/2018 08/20/18 | For Rent | $4,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,052 | $646,400 | $0 | $646,400 |
| 2024 | $6,660 | $633,100 | $0 | $633,100 |
| 2023 | $6,409 | $619,800 | $0 | $619,800 |
| 2022 | $5,985 | $587,900 | $0 | $587,900 |
| 2021 | $5,991 | $587,900 | $0 | $587,900 |
| 2020 | $5,758 | $570,700 | $0 | $570,700 |
| 2019 | $7,399 | $687,600 | $0 | $687,600 |
| 2018 | $7,241 | $640,200 | $0 | $640,200 |
| 2017 | $7,058 | $604,800 | $0 | $604,800 |
| 2016 | $6,969 | $556,200 | $0 | $556,200 |
| 2015 | $6,424 | $509,400 | $0 | $509,400 |
Source: Public Records
Agents Affiliated with this Home
-
Aira Ilao
-
Paul Santucci
P
Seller's Agent in 2022
Paul Santucci
True North Realty
(617) 694-0004
37 Total Sales
-
Frank Carroll Homes Team
Buyer's Agent in 2022
Frank Carroll Homes Team
Compass
(617) 721-7461
2 in this area
84 Total Sales
-
Ben Chau
Buyer's Agent in 2019
Ben Chau
Gatsby Realty Group, LLC
(617) 818-5657
3 Total Sales
-
John Brainard
J
Buyer's Agent in 2018
John Brainard
Amo Realty - Boston City Properties
(203) 722-5254
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73291304
APN: SOME-000073-A000000-000045-000002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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