NOT LISTED FOR SALE

101 Heath St Somerville, MA 02145

Ten Hills Neighborhood

Estimated Value: $1,233,000 - $1,720,000

9 Beds
3 Baths
3,906 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $620,000 $159 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $9,255/month

42 Days on Market

About This Home

As of December 2012

Fantastic investment opportunity for rental income or condominium conversion. This Winter Hill 3-family home has large 3 bedroom units with 6 rooms plus front and back porches. Generous living space boasting hardwood floors and updated windows, heating systems and hot water tanks. Coin-operated laundry in basement. Parking for at least 6 cars PLUS 4-bay garage/storage space. First floor and third floor occupants are Tenants-At-Will. Second floor unit is leased through 8/31/13.

Last Agent to Sell the Property

John Lowenstein

Red Line Real Estate License #448551050 Listed on: 10/10/2012

Last Buyer's Agent

John Lowenstein

Red Line Real Estate License #448551050 Listed on: 10/10/2012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,020

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: City View(s)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Electric: Circuit Breakers, 200 Amps, Individually Metered
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Walk Out, Interior Access

Exterior Features

  • Roof: Rubber
  • Exterior Features: Porch
  • Foundation: Concrete Block, Irregular

Garage/Parking

  • Garage Spaces: 4
  • Parking: Off-Street, Paved Driveway, Other (See Remarks)
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer

Lot Info

  • Assessor Parcel Number: 47-F-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Dec 21, 2012
Sold by
Lee Paul
Bought by
Lewis David
Seller's Agent
John Lowenstein
Red Line Real Estate
Buyer's Agent
John Lowenstein
Red Line Real Estate
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$1,434,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,099
Avg. Annual Appreciation
6.85%
Original Mortgage
$465,000
Outstanding Balance
$328,762
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,098,043

Purchase Details

Closed on
Nov 30, 2001
Sold by
Follett Robert J and Follett Lois M
Bought by
Lee Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1994
Sold by
Grayson Theresa and Grayson William J
Bought by
Follett Robert J and Follett Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lewis David $620,000 --
Lee Paul $610,000 --
Follett Robert J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis David $465,000
Previous Owner Lee Paul $552,300
Previous Owner Lee Paul $488,000
Previous Owner Follett Robert J $21,700
Previous Owner Follett Robert J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $620,000 -4.6% $159 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $650,000 -- $166 / 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 $16,020 $1,468,400 $351,900 $1,116,500
2024 $14,938 $1,420,000 $351,900 $1,068,100
2023 $14,558 $1,407,900 $351,900 $1,056,000
2022 $13,956 $1,370,900 $335,100 $1,035,800
2021 $13,286 $1,303,800 $304,400 $999,400
2020 $13,359 $1,324,000 $292,700 $1,031,300
2019 $12,403 $1,152,700 $246,300 $906,400
2018 $10,099 $892,900 $223,900 $669,000
2017 $9,883 $846,900 $211,200 $635,700
2016 $9,060 $723,100 $171,500 $551,600
2015 $8,581 $680,500 $170,600 $509,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Lowenstein

    Red Line Real Estate

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71445711

MLS Property Information Network (MLS PIN)

APN: SOME-000047-F000000-000017

Massachusetts Middlesex County Somerville 02145 Ten Hills

101 Heath St, Somerville, MA

This home is located at 101 Heath St, Somerville, MA 02145 since 10 October 2012 and is currently estimated at $1,434,099, approximately $367 per square foot. This property was built in 1920. 101 Heath St is a home located in Middlesex County with nearby schools including Somerville High School and Bright Future Educare Center.

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MLS Property Information Network (MLS PIN) 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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