NOT LISTED FOR SALE

Estimated Value: $1,445,000

6 Beds
4 Baths
2,919 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $1,925,000 $659 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $9,144/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 4-minute walk to Perry Park
  • Somerville High School Rated A-

About This Home

As of April 2020

Two newly renovated residences in one of Somerville's best locations, close to popular restaurants, shopping, Inman Square and Harvard! This historically significant Victorian two-unit building has undergone a complete rehab inside and out. Each unit offers 3 bedrooms/2 baths and has two levels of living space. Highlights include beautiful chef's kitchens with gas cooking, white quartz countertops, shaker glass front cabinets and Jenn-Air Appliances, dark stained hardwood floors, beautiful tile baths, crown moldings, custom closets and in-unit laundry. Each dwelling also has a private deck and 1 car parking. The two units currently produce over $112,000 in annual income. The building has been converted to two condominiums, which are being offered as a package, or the seller can convert the building back to a 2 family upon request. Rare opportunity to purchase a turn-key investment in a top-notch location.

Last Agent to Sell the Property

The Residential Group

William Raveis R.E. & Home Services Listed on: 02/26/2020

William Raveis R.E. & Home Services

Co-Listed By

Jason Manganello

William Raveis R.E. & Home Services

Last Buyer's Agent

Lawrence O'connor

Sterling Beacon Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 1880

Lot Details

  • 2,614

Flooring

  • Wood
  • Tile

Additional Features

  • Deck
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,315

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 681.40
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: M59500
  • Main So: AN4467
  • Estimated Sq Ft: 2919.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 1816200.00
  • Acre: 0.06
  • Lot Size: 2616.00
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 4
  • Total Rent: 9395
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 18570.00
  • Assessor Parcel Number: 5071645

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $1,925,000 -3.2% $659 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $1,989,000 -- $681 / 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
2022 $11,315 $1,111,500 $505,500 $606,000
2021 $11,326 $1,111,500 $505,500 $606,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72624714

MLS Property Information Network (MLS PIN)

APN: SOME-000066-E000000-000008