NOT LISTED FOR SALE

Estimated Value: $1,308,000 - $1,875,932

4 Beds
4 Baths
2,537 Sq Ft
$633/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,425,000 $562 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,726/month

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • 1 Fireplace
  • Somerville High School Rated A-
  • Wood Flooring
  • 5-minute walk to Lou Ann David Park

About This Home

As of August 2021

A 2019 renovation on a quiet tree-lined street less than a half-mile from Davis Square has transformed this 19th century two-family into an energy efficient, 21st century home. Maple hardwood floors with a cherry finish are found throughout and each unit has exclusive storage in the basement with utilities separately metered. The property includes one car parking and a sunny side yard. Unit 2 boasts an open main level with a chef’s kitchen outfitted with granite counters, an island, electric range, and powerful hood. The living room includes an electric fireplace and lovely bay window. Directly off the chef's kitchen is a sunlit dining room as well as in-unit laundry. The main level also features a large bedroom and full bath. The remaining two skylit bedrooms and tiled bath are found on the upper level. Unit 1 features an integrated living/dining/kitchen graciously configured for ease of use. The 1st floor unit includes a sunny bedroom, huge walk-in closet, and full bath.

Last Agent to Sell the Property

Minka vanBeuzekom

Coldwell Banker Realty - Cambridge Listed on: 06/23/2021

Coldwell Banker Realty - Cambridge

Co-Listed By

Anna Yanco-Papa

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Jessica Cohen

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,401

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Duplex
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,537 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Parking Space
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $6,800
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 749158

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Building Details

  • Electric Expense $115
  • Insurance Expense $2,300
  • Water Sewer Expense $999
  • Operating Expense $5,444
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,401

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile
  • Interior Amenities: Unit 1(Storage,Stone/Granite/Solid Counters,Walk-In Closet,Open Floor Plan,Programmable Thermostat), Unit 2(Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Unit 2 Laundry Room
  • Basement: Full, Unfinished
  • Living Area: 2537
  • Other Equipment: Unit 2 Intercom
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block, Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Security Features: Unit 2 Security System
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 999

Lot Info

  • Parcel Number: 749158
  • Zoning: ResB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3188

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13401

Multi Family

  • Electric Expense: 115
  • Insurance Expense: 2300
  • Net Operating Income: 84000
  • Number Of Units Total: 2
  • Operating Expense: 5444
  • Total Actual Rent: 6800
  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 20, 2021
Sold by
Linda S Bolliger Ret
Bought by
Faden Andrew F and Clark Rachel A
Seller's Agent
Minka vanBeuzekom
Coldwell Banker Realty - Cambridge
Buyer's Agent
Jessica Cohen
Gibson Sotheby's International Realty
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Current Estimated Value
$1,605,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,233
Avg. Annual Appreciation
2.74%
Original Mortgage
$1,140,000
Outstanding Balance
$1,036,613
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$568,620

Purchase Details

Closed on
Sep 27, 2007
Sold by
Bolliger Glen A and Bolliger Linda S
Bought by
Linda S Bolliger Ret and Bolliger Glen A

Purchase Details

Closed on
Jan 14, 2005
Sold by
Petersen Ruth M
Bought by
Bolliger Glen A and Bolliger Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Petersen Robert J and Petersen Thomas E
Bought by
Petersen Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Faden Andrew F $1,425,000 None Available
Linda S Bolliger Ret -- --
Bolliger Glen A $580,000 --
Petersen Ruth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faden Andrew F $1,140,000
Previous Owner Bolliger Glen A $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $1,425,000 -1.7% $562 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $1,450,000 -- $572 / 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 $15,989 $1,465,500 $809,000 $656,500
2024 $15,023 $1,428,000 $809,000 $619,000
2023 $14,655 $1,417,300 $809,000 $608,300
2022 $13,701 $1,345,900 $770,500 $575,400
2021 $13,218 $1,297,200 $764,900 $532,300
2020 $12,281 $1,217,100 $714,300 $502,800
2019 $11,837 $1,100,100 $696,700 $403,400
2018 $11,163 $987,000 $633,400 $353,600
2017 $10,760 $922,000 $597,500 $324,500
2016 $10,600 $846,000 $533,600 $312,400
2015 $8,910 $706,600 $492,800 $213,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855037

MLS Property Information Network (MLS PIN)

APN: SOME-000016-B000000-000028