NOT LISTED FOR SALE

10 Dearborn Rd Somerville, MA 02144

Estimated Value: $1,625,000 - $2,131,070

8 Beds
4 Baths
3,460 Sq Ft
$519/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $1,615,000 $467 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,504/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Garden
  • Somerville High School Rated A-
  • Fenced Yard
  • Storage Shed

About This Home

As of May 2018

Amazing opportunity to own a 2-family in the Tufts University neighborhood, just steps to the proposed future College Ave green line MBTA stop! Large 7 room Owners' unit has a beautiful newer kitchen with high end appliances and an oversized deck, perfect for entertaining. There are 3 bedrooms, 2 full baths and a finished lower level with a built-in bar. The upstairs rental unit has 5 bedrooms and a lease for $4500/month. Both units have high ceilings, oak and bamboo flooring, and replacement windows throughout. Amenities include 2-car off-street parking, and a beautifully landscaped yard with an underground irrigation system. Walking distance to Davis Square and Ball Square, and an easy drive to Route 93. Perfect as a 2-family, or could be converted to 2 condos, or renovated into a spacious single family! Please see attached brochure and floor plans for more detail.

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 03/07/2018

Compass

Co-Listed By

Nancy Dixon

Coldwell Banker Realty - Cambridge License #449522640

Last Buyer's Agent

Lisa Drapkin

Compass Listed on: 03/07/2018

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,106

Year Built

  • Built in 1890

Lot Details

  • Year Round Access
  • Fenced Yard
  • Sprinkler System
  • Garden

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,106

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 476.30
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Finished, Interior Access
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 3460.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed, Sprinkler System, Fenced Yard, Garden Area
  • Foundation Size: 9999

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling Zones: 2
  • Hot Water: Natural Gas, Tank
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 1041500.00
  • Acre: 0.09
  • Lot Size: 4069.00
  • Page: 999
  • Zoning: Res
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Total Levels: 5
  • Total Rent: 4500
  • Total Rms: 15
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 9013.31
  • Assessor Parcel Number: 749563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 9, 2018
Sold by
Breen Scott and Breen Sharon
Bought by
10 Dearborn Road Ret
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Lisa Drapkin
Compass
List Price
$1,648,000
Sold Price
$1,615,000
Premium/Discount to List
-$33,000
-2%
Current Estimated Value
$1,794,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,768
Avg. Annual Appreciation
2.52%
Original Mortgage
$1,211,250
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2010
Sold by
Breen Sharon and Paglia Sharon
Bought by
Breen Scott and Breen Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
10 Dearborn Road Ret $1,615,000 --
Breen Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10 Dearborn Rd Ret $1,162,000
Closed 10 Dearborn Road Ret $1,211,250
Closed 10 Dearborn Road Ret $80,750
Previous Owner Breen Scott $300,000
Previous Owner Breen Scott P $175,000
Previous Owner Breen Scott P $174,500
Previous Owner Breen Scott P $186,000
Previous Owner Breen Scott P $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $6,500 -- --
10/08/2024 10/08/24 Off Market $6,500 -- --
10/08/2024 10/08/24 Off Market $6,500 -- --
06/24/2024 06/24/24 For Rent $6,500 0.0% --
06/01/2024 06/01/24 For Rent $6,500 0.0% --
05/06/2024 05/06/24 For Rent $6,500 0.0% --
05/08/2018 05/08/18 Sold $1,615,000 -2.0% $467 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $1,648,000 -- $476 / 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 $19,106 $1,751,200 $729,200 $1,022,000
2024 $18,231 $1,733,000 $729,200 $1,003,800
2023 $17,207 $1,664,100 $729,200 $934,900
2022 $16,217 $1,593,000 $694,500 $898,500
2021 $15,669 $1,537,700 $689,400 $848,300
2020 $15,014 $1,488,000 $689,900 $798,100
2019 $13,838 $1,286,100 $628,000 $658,100
2018 $11,779 $1,041,500 $570,900 $470,600
2017 $11,564 $990,900 $538,700 $452,200
2016 $11,187 $892,800 $481,000 $411,800
2015 $10,748 $852,300 $444,200 $408,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72290633

MLS Property Information Network (MLS PIN)

APN: SOME-000018-B000000-000001