NOT LISTED FOR SALE

Estimated Value: $1,602,000

7 Beds
3 Baths
3,216 Sq Ft
$498/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $901,000 $280 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $10,104/month

12 Days on Market

About This Home

As of May 2016

This is a wonderful opportunity for an investor, developer, or owner occupant to purchase a 2F home located near the proposed green line ext. Both units have hardwd floors, featuring large rooms w/many period details inclusive of built in hutches, a pantry, F & R porches & semi modern kit's & baths. 2nd floor unit features a lovely loft like Master bedrm suite w/walk in closet, private office, built in dressers & a cathedral ceiling w/skylights & a ceiling fan. ** This home comes w/bonus parking featuring a 2 car Gar used as storage & a rare offering consisting of 2 driveways!!** The 2nd driveway plus a rare large enclosed back yard makes this property especially desirable for an owner occupant or developer seeking a condominium conversion. Home to be sold "as is". Located in a desirable area near Somerville High School w/easy access to Bos/Camb via McGrath Highway or Rte 93. Agent acc'd group shows S 4/10 2:30-4pm M&W 4/11 & 4/13 @ 6pm. Offers due by noon 4/15 w/a 4/18 6pm ex

Last Agent to Sell the Property

Irene Bremis

LAER Realty Partners Listed on: 04/07/2016

LAER Realty Partners

Last Buyer's Agent

Property Cousins

Serhant Rhode Island LLC

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Stone/Concrete
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Porch - Enclosed, Gutters, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Res

Multi Family

  • Foundation: 999
  • Heat Units: 2
  • Total Bedrooms: 7
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 23, 2016
Sold by
10-12 Madison Street T
Bought by
Briarwood Capital Llc
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Property Cousins
Serhant Rhode Island LLC
List Price
$869,900
Sold Price
$901,000
Premium/Discount to List
$31,100
3.58%
Current Estimated Value
$1,602,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,000

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 13, 2014
Sold by
Jackl Alexander M and Jackl Alex
Bought by
10 and 12 Madison T
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Irene Bremis
LAER Realty Partners
List Price
$569,900
Sold Price
$675,000
Premium/Discount to List
$105,100
18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$500,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records
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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
Briarwood Capital Llc $901,000 --
10 $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 10 $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2016 05/24/16 Sold $901,000 +3.6% $280 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $869,900 +28.9% $270 / Sq Ft
06/12/2014 06/12/14 Sold $675,000 +18.4% $210 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $569,900 -- $177 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2023 $13,361 $1,292,200 $482,600 $809,600
2022 $13,155 $1,292,200 $482,600 $809,600
2021 $13,168 $1,292,200 $482,600 $809,600
2020 $6,714 $1,292,200 $482,600 $809,600
2019 $7,502 $697,200 $419,600 $277,600
2018 $9,202 $813,600 $381,500 $432,100
2017 $8,346 $715,200 $359,900 $355,300
2016 $8,812 $703,300 $329,100 $374,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71984892

MLS Property Information Network (MLS PIN)

APN: SOME-000050-F000000-000017