Landlord's Agent in 2022
Xiaoxi Liu
RE/MAX
(646) 371-6258
2 in this area
20 Total Sales
1 Watson St Unit 1A Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,445,524 - $1,513,000
5
Beds
2
Baths
2,060
Sq Ft
$720/Sq Ft
Est. Value
Highlights
- 9,999 Sq Ft lot
- Property is near public transit
- Jogging Path
- Somerville High School Rated A-
- No HOA
- 3-minute walk to North Street Veterans Playground
About This Home
As of September 2022Available 9/1/2022. Spacious 5 bedroom 2 bath in an optimal Somerville location, short walk to both Davis Square T station and Tufts University Campus! Formal living, dining rooms with updated kitchen; Five good size bedrooms, bar area, and a sitting area. Great layout for both roommates or a family. Just a few steps away from Stop&Shop, great restaurants, and major bus routes. Coin-Opt laundry in basement with storage spaces. On-street parking permits available for purchase through City of Somerville. Small pets will be considered.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,512
Year Built
- Built in 1910
Lot Details
- 9,999 Sq Ft Lot
Home Design
- Property Attached
- Entry on the 2nd floor
Interior Spaces
- 2,060 Sq Ft Home
- Laundry in Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
- Electric Baseboard Heater
Listing and Financial Details
- Security Deposit $4,900
- Property Available on 9/1/22
- Rent includes water, sewer, laundry facilities
- Assessor Parcel Number 748010
Community Details
Overview
- No Home Owners Association
Amenities
- Shops
- Coin Laundry
Recreation
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2021
Sold by
Somerville Capital Rt
Bought by
Ching Derek and Wang Wei
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Outstanding Balance
$622,122
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$861,759
Purchase Details
Closed on
Feb 12, 2021
Sold by
Kleinman Alexander C and Naydich Marsha
Bought by
Somerville Capital Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Outstanding Balance
$622,122
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$861,759
Purchase Details
Closed on
Apr 27, 2015
Sold by
Somerville Capital Rt and Kleinman Noam S
Bought by
Naydich Marsha and Kleinman Alexander C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,200
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 3, 2005
Sold by
Holmes Charles B and Lockwood Jenny E
Bought by
Kleinman Alexander C and Zaid Mark S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 2000
Sold by
Davidson Marvin and Davidson Marcy L
Bought by
Lockwood Jenny E and Holmes Charles B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
8.16%
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 |
|---|---|---|---|
| Ching Derek | $1,157,400 | None Available | |
| Somerville Capital Rt | -- | None Available | |
| Naydich Marsha | -- | -- | |
| Kleinman Alexander C | $690,000 | -- | |
| Lockwood Jenny E | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ching Derek | $694,000 | |
| Previous Owner | Naydich Marsha | $478,200 | |
| Previous Owner | Kleinman Alexander C | $517,500 | |
| Previous Owner | Lockwood Jenny E | $36,290 | |
| Previous Owner | Lockwood Jenny E | $378,000 | |
| Previous Owner | Lockwood Jenny E | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Rented | $5,100 | +4.1% | -- |
| 07/06/2022 07/06/22 | Under Contract | -- | -- | -- |
| 06/17/2022 06/17/22 | Price Changed | $4,900 | -5.8% | $2 / Sq Ft |
| 06/02/2022 06/02/22 | For Rent | $5,200 | -- | -- |
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 | $12,512 | $1,146,800 | $687,600 | $459,200 |
| 2024 | $11,810 | $1,122,600 | $687,600 | $435,000 |
| 2023 | $11,807 | $1,141,900 | $687,600 | $454,300 |
| 2022 | $10,899 | $1,070,600 | $654,800 | $415,800 |
| 2021 | $10,626 | $1,042,800 | $650,100 | $392,700 |
| 2020 | $10,448 | $1,035,500 | $650,500 | $385,000 |
| 2019 | $9,823 | $912,900 | $592,100 | $320,800 |
| 2018 | $9,405 | $831,600 | $538,300 | $293,300 |
| 2017 | $9,057 | $776,100 | $507,900 | $268,200 |
| 2016 | $9,233 | $736,900 | $453,600 | $283,300 |
| 2015 | $8,792 | $697,200 | $418,900 | $278,300 |
Source: Public Records
Agents Affiliated with this Home
-
Xiaoxi Liu
-
Valentina Alzate
V
Tenant's Agent in 2022
Valentina Alzate
Cambridge Premier Realty
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72990903
APN: SOME-000008-F000000-000008
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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