NOT LISTED FOR SALE

Estimated Value: $1,565,000 - $1,879,000

7 Beds
2 Baths
3,504 Sq Ft
$483/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $1,305,000 $372 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,779/month

7 Days on Market

About This Home

As of July 2018

Come see this MASSIVE two family home located just ~.4 miles from Tufts University! ~.8 from Davis Sq! Located on a quiet street in a tree lined neighborhood, you have your own oasis in the backyard with a stone patio and pool for entertaining in hot summer months. Fantastic opportunity for an owner occupant to enjoy living in Somerville while making rental income. This home is convenient to all the restaurants and shops in Teele Square and public transportation. First floor unit offers three generous sized bedrooms with an eat in kitchen and living room. The upstairs bi-level unit has 4+ bedrooms with a living room and dining room! Original detail throughout the home gives this property unique character. Don't miss your chance to be the next owners of this large property with parking!!!

Last Agent to Sell the Property

Branch Out Residential Team

Coldwell Banker Realty - Boston Listed on: 06/06/2018

Coldwell Banker Realty - Boston

Last Buyer's Agent

Hong Shuang Ma

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,668

Year Built

  • Built in 1920

Lot Details

  • 4,792

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:8 B:A L:22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,668

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 375.29
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 2
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Main Lo: AN2588
  • Main So: AC1290
  • Estimated Sq Ft: 3504.00

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 835800.00
  • Acre: 0.11
  • Lot Size: 5000.00
  • Page: 383
  • Parcel Number: M:8 B:A L:22
  • Zoning: RA

Multi Family

  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 9453.00
  • Assessor Parcel Number: 747890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 31, 2018
Sold by
Chisholm Walter G and Chisholm Donna V
Bought by
Bai Zhenzhen
Seller's Agent
Branch Out Residential Team
Coldwell Banker Realty - Boston
Buyer's Agent
Hong Shuang Ma
eXp Realty
List Price
$1,315,000
Sold Price
$1,305,000
Premium/Discount to List
-$10,000
-0.76%
Total Days on Market
7
Current Estimated Value
$1,692,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,376
Avg. Annual Appreciation
3.78%
Original Mortgage
$780,000
Outstanding Balance
$696,197
Interest Rate
5.38%
Mortgage Type
Unknown
Estimated Equity
$985,829
Source: Public Records

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Range of Values:

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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
Bai Zhenzhen $1,305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bai Zhenzhen $780,000
Previous Owner Chisholm Walter G $500,000
Previous Owner Chisholm Walter G $50,000
Previous Owner Chisholm Walter G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $1,305,000 -0.8% $372 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $1,315,000 0.0% $375 / Sq Ft
03/31/2018 03/31/18 Rented $2,100 0.0% --
03/21/2018 03/21/18 Under Contract -- -- --
03/06/2018 03/06/18 For Rent $2,100 -- --
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 $15,668 $1,436,100 $615,000 $821,100
2024 $14,953 $1,421,400 $615,000 $806,400
2023 $14,129 $1,366,400 $615,000 $751,400
2022 $13,313 $1,307,800 $585,700 $722,100
2021 $12,872 $1,263,200 $581,400 $681,800
2020 $12,343 $1,223,300 $581,800 $641,500
2019 $10,343 $961,200 $529,600 $431,600
2018 $9,453 $835,800 $481,500 $354,300
2017 $9,273 $794,600 $454,200 $340,400
2016 $8,966 $715,600 $405,600 $310,000
2015 $8,597 $681,800 $374,600 $307,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72340694

MLS Property Information Network (MLS PIN)

APN: SOME-000008-A000000-000022