NOT LISTED FOR SALE

Estimated Value: $1,846,000 - $2,024,000

6 Beds
3 Baths
3,981 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $1,700,000 $427 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,064/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Patio
  • Somerville High School Rated A-
  • Porch
  • 4-minute walk to Perry Park

About This Home

As of November 2022

Here's your chance for a well-cared for, multi-generational 3-family investment property in prime A+ Somerville location! 0.3 miles to Inman Square, 0.6 miles to Harvard and Union Squares, and 1 mile to Central and Porter Squares. Each unit comes with spacious living and dining rooms with soaring ceilings, two bedrooms, eat-in kitchens, office/bonus room, unheated sunroom, and side porches. Potential to convert living rooms into third bedroom to create three 3-bed/1-bath units. Large unfinished basement with three washer/dryer hook-ups, plus plenty of storage and bonus 4th bathroom. Big lot with large back patio plus storage shed. Short walk to shops, restaurants, cafes, grocery stores, public transport, and all Somerville & Cambridge have to offer!

Last Agent to Sell the Property

Sage Jankowitz

Cambridge Sage Inc. Listed on: 09/13/2022

Last Buyer's Agent

Linglin Li

Hickory Brook Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,956

Year Built

  • Built in 1900

Lot Details

  • 3,519 Sq Ft Lot
  • Level Lot

Home Design

  • Rubber Roof

Interior Spaces

  • 3,981 Sq Ft Home
  • Storage
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,850
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:66 B:E L:6,757235

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,956

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring), Unit 3(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Storage, Unit 1(Pantry), Unit 2(Pantry), Unit 3(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator,Freezer), Unit 2(Range,Dishwasher,Refrigerator,Freezer), Unit 3(Range,Refrigerator,Freezer), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Full
  • Living Area: 3981
  • Stories Total: 6
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 414.47
  • PRICE PER Sq Ft: 427.03
  • MAIN SO: AN5204

Exterior Features

  • Exterior Features: Storage
  • Foundation Details: Other
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Unit 1(None), Unit 2(None)
  • Heating: Steam,Natural Gas, Unit 1(Steam,Gas), Unit 2(Steam,Gas), Unit 3(Steam,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:66 B:E L:6,757235
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3519
  • Lot Size Units: Acres
  • PAGE: 224
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14956
  • Tax Book Number: 21480

Multi Family

  • Gross Income: 34200
  • Net Operating Income: 34200
  • Number Of Units Total: 3
  • Total Actual Rent: 2850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wang Lt $1,190,000
Closed Cabral Maria M $30,000
Closed Cabral Maria $55,000
Closed Cabral Maria $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $1,700,000 +3.0% $427 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $1,650,000 -- $414 / 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 $17,593 $1,612,600 $759,200 $853,400
2024 $16,571 $1,575,200 $759,200 $816,000
2023 $15,718 $1,520,100 $759,200 $760,900
2022 $14,956 $1,469,200 $723,000 $746,200
2021 $14,351 $1,408,300 $688,500 $719,800
2020 $13,943 $1,381,900 $662,100 $719,800
2019 $12,847 $1,194,000 $562,200 $631,800
2018 $11,035 $975,700 $511,100 $464,600
2017 $10,550 $904,000 $462,900 $441,100
2016 $10,493 $837,400 $455,000 $382,400
2015 $9,745 $772,800 $419,700 $353,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73035791

MLS Property Information Network (MLS PIN)

APN: SOME-000066-E000000-000006