1 Watson St Somerville, MA 02144
West Somerville NeighborhoodEstimated Value: $1,305,596 - $1,612,000
7
Beds
3
Baths
3,157
Sq Ft
$457/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Garden
- Somerville High School Rated A-
- Porch
- 3-minute walk to North Street Veterans Playground
About This Home
As of March 2021HUGE 2 Family on a Corner Lot Right on Broadway outside of Teele Square! Both Units Rented thru August 31st, 2021! Rents could be easily increased with minor interior Cosmetic Work...Easily Rent Able! Oversized 2 Bedroom on 1st Floor w/ Living & Dining Rooms & MASSIVE 5 Bedroom on 2nd & 3rd Floors with Living, Dining & Mud Rooms. Extremely Spacious throughout with Great Layout for both Roommates or a Family. New Windows & Siding within the last 5 years; along with many interior upgrades throughout. Professional management for over a decade; Very well maintained rental building! Coin-Opt laundry in Basement with Storage Spaces for both Units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,512
Year Built
- Built in 1910
Lot Details
- Garden
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Outdoor Features
- Deck
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:8 B:F L:8
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Mar 5, 2021
Sold by
Somerville Capital Rt
Bought by
Ching Derek and Wang Wei
Seller's Agent
Tiffany Livingston
Boston Property Group INC
Buyer's Agent
Xiaoxi Liu
RE/MAX Executive Realty
List Price
$1,225,000
Sold Price
$1,157,400
Premium/Discount to List
-$67,600
-5.52%
Total Days on Market
144
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
$286,249
Avg. Annual Appreciation
5.35%
Original Mortgage
$694,000
Outstanding Balance
$629,150
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$814,499
Purchase Details
Listed on
Aug 13, 2020
Closed on
Feb 12, 2021
Sold by
Kleinman Alexander C and Naydich Marsha
Bought by
Somerville Capital Rt
Seller's Agent
Tiffany Livingston
Boston Property Group INC
Buyer's Agent
Xiaoxi Liu
RE/MAX Executive Realty
List Price
$1,225,000
Sold Price
$1,157,400
Premium/Discount to List
-$67,600
-5.52%
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
$629,150
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$814,499
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
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 | Davidson Marvin | $36,290 | |
| Previous Owner | Davidson Marvin | $378,000 | |
| Previous Owner | Davidson Marvin | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $1,157,400 | -1.5% | $367 / Sq Ft |
| 01/04/2021 01/04/21 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | Price Changed | $1,175,000 | -4.1% | $372 / Sq Ft |
| 08/13/2020 08/13/20 | For Sale | $1,225,000 | -- | $388 / Sq Ft |
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
-
Tiffany Livingston
T
Seller's Agent in 2021
Tiffany Livingston
Boston Property Group INC
(617) 429-4770
1 in this area
5 Total Sales
-
Xiaoxi Liu
Buyer's Agent in 2021
Xiaoxi Liu
RE/MAX
(646) 371-6258
2 in this area
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72709310
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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