Walace Nogueira
(857) 800-9778
17 Total Sales
1 in East Somerville
$3,100,000 Price
1 Washington St Somerville, MA 02143
East Somerville NeighborhoodEstimated Value: $1,374,433
6
Beds
2
Baths
2,359
Sq Ft
$583/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Corner Lot
- Shops
About This Home
As of June 20241 Washington Street presents an enticing opportunity for end-users, investors, and developers seeking transit-oriented real estate. The property features a fully leased 6-bedroom, 2-bathroom duplex with ample parking spaces. Offering substantial in-place income, the property also holds promising potential for future value enhancement. Situated within an MR-4 zoning designation, it permits a 4-story mixed-use development as of right. Strategically positioned at the junction of Somerville and Charlestown, 1 Washington Street benefits from close proximity to key areas in both locales and taps into the burgeoning life science activity in Somerville and Cambridge. Residents enjoy convenient access to Union Square and swift transportation links to Boston via Sullivan Square and East Somerville train stations, fostering a rich array of employment and entertainment options. This offering represents a prime opportunity to leverage the dynamic growth of the Somerville submarket.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
Interior Spaces
- 2,359 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $6,080
- Assessor Parcel Number 761380
Community Details
Building Details
- Operating Expense $14,945
- Net Operating Income $58,015
Additional Features
- 2 Units
- Shops
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 25, 2024
Sold by
Bought by
Seller's Agent
Daniel Alper
Boston Realty Advisors
Buyer's Agent
Robert Koritz
Robert Koritz Real Estate
List Price
$1,449,500
Sold Price
$1,330,000
Premium/Discount to List
-$119,500
-8.24%
Views
5
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
$44,433
Avg. Annual Appreciation
1.55%
Purchase Details
Listed on
Oct 8, 2020
Closed on
Dec 15, 2020
Sold by
Bought by
Seller's Agent
Nan Xiao
Yuan's Team Realty
Buyer's Agent
Nan Xiao
Yuan's Team Realty
List Price
$1,088,800
Sold Price
$1,050,000
Premium/Discount to List
-$38,800
-3.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$840,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 9, 2016
Closed on
Aug 19, 2016
Sold by
Bought by
Seller's Agent
Giordana Fiorvanti-Smith
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Nan Xiao
Yuan's Team Realty
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Purchase Details
Closed on
Jan 22, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.14%
Purchase Details
Closed on
Mar 2, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 7, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Somerville, MA
-
Walace Nogueira
-
Kyle Cabral
Kyle Cabral
Southpaw Residential
(617) 934-2431
14 Total Sales
1 in East Somerville
$1,100,000 Price
-
Tracey Cleversey
Tracey Cleversey
Hive Property Group
(339) 444-2143
53 Total Sales
1 in East Somerville
$1,300,000 Price
-
Gregory Somar
Gregory Somar
Coldwell Banker Realty - Dorchester
(857) 386-7684
15 Total Sales
1 in East Somerville
$760,000 Price
-
Hans Nagrath
Hans Nagrath
Compass
(888) 604-7140
164 Total Sales
3 in East Somerville
$640K - $699K Price Range
-
Roy Mazraani
Roy Mazraani
Real Broker MA, LLC
(774) 208-9313
78 Total Sales
1 in East Somerville
$650,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,330,000 | None Available | ||
| $1,050,000 | None Available | ||
| $630,000 | -- | ||
| $399,000 | -- | ||
| -- | -- | ||
| $266,600 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $840,000 | ||
| Previous Owner | $472,000 | ||
| Closed | $79,800 | ||
| Closed | $275,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $1,330,000 | -8.2% | $564 / Sq Ft | |
| 06/07/2024 06/07/24 | Pending | -- | -- | -- | |
| 05/09/2024 05/09/24 | For Sale | $1,449,500 | +38.0% | $614 / Sq Ft | |
| 12/21/2020 12/21/20 | Sold | $1,050,000 | -3.6% | $445 / Sq Ft | View Prior Sale |
| 10/09/2020 10/09/20 | Pending | -- | -- | -- | |
| 10/08/2020 10/08/20 | For Sale | $1,088,800 | +72.8% | $462 / Sq Ft | |
| 08/19/2016 08/19/16 | Sold | $630,000 | -9.9% | $349 / Sq Ft | View Prior Sale |
| 06/30/2016 06/30/16 | Pending | -- | -- | -- | |
| 06/09/2016 06/09/16 | For Sale | $699,000 | -- | $387 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,213 | $1,027,800 | $397,100 | $630,700 |
| 2024 | $10,432 | $991,600 | $397,100 | $594,500 |
| 2023 | $10,147 | $981,300 | $397,100 | $584,200 |
| 2022 | $9,482 | $931,400 | $378,200 | $553,200 |
| 2021 | $8,111 | $796,000 | $373,000 | $423,000 |
| 2020 | $7,650 | $758,200 | $358,700 | $399,500 |
| 2019 | $7,155 | $665,000 | $297,600 | $367,400 |
| 2018 | $6,379 | $564,000 | $237,900 | $326,100 |
| 2017 | $4,824 | $413,400 | $224,500 | $188,900 |
| 2016 | $4,254 | $339,500 | $157,700 | $181,800 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Alper
Seller's Agent in 2024
Daniel Alper
Boston Realty Advisors
(617) 768-7333
1 in this area
29 Total Sales
-
Robert Koritz
Buyer's Agent in 2024
Robert Koritz
Robert Koritz Real Estate
(617) 416-6078
2 in this area
44 Total Sales
-
N
Seller's Agent in 2020
Nan Xiao
Yuan's Team Realty
-
Giordana Fiorvanti-Smith
Seller's Agent in 2016
Giordana Fiorvanti-Smith
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 729-7777
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73235744
APN: SOME-000105-D000000-000017
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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