NOT LISTED FOR SALE

106 Hudson St Somerville, MA 02144

Estimated Value: $1,377,000 - $1,570,776

6 Beds
3 Baths
3,408 Sq Ft
$427/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,300,000 $381 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,231/month

42 Days on Market

Highlights

  • Medical Services
  • City View
  • Jogging Path
  • Somerville High School Rated A-
  • Property is near public transit
  • 3-minute walk to Albion Park

About This Home

As of September 2023

Location! Location! Location! Welcome to 106 Hudson St. This large 3400+ sf, two-family, very near the new Magoun Square Green Line T Station, presents a rare and unique opportunity for any investor or owner occupant to purchase a great property in one of Somerville's most sought after neighborhoods. It features 6 bedrooms, 3 full baths, large rooms, tons of natural light, original detail, a quaint private yard, and one off-street parking space. The home is in close proximity to everything Somerville has to offer. The Green Line is literally down the street, the Minuteman Bikeway is even closer. Davis Sq and Porter Sq are less than a mile away. Its character, location and size create not only great potential to build sweat equity, but it is also a terrific, high earning potential rental property. Currently occupied with both leases expiring on August 31st, 2023 paying a total of $4525/month.

Last Agent to Sell the Property

Michael Albano

Metropolitan Boston Real Estate, LLC Listed on: 06/14/2023

Co-Listed By

Gretchen Chingris

Metropolitan Boston Real Estate, LLC

Last Buyer's Agent

Chris Delaney

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,569

Year Built

  • Built in 1910

Lot Details

  • 3,474 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • Property has 2 Levels
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $4,525
  • Assessor Parcel Number 752329

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $54,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,569

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3408
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN7597
  • LIST PRICE PER Sq Ft: 396.13
  • PRICE PER Sq Ft: 381.46
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Porch,Patio,Fenced Yard,Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Slate
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 752329
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3474
  • Lot Size Units: Acres
  • PAGE: 102
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12569
  • Tax Book Number: 27331

Multi Family

  • Gross Income: 54300
  • Net Operating Income: 54300
  • Number Of Units Total: 2
  • Total Actual Rent: 4525
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2003
Sold by
Harvey Kenneth D
Bought by
Lee Joy N and Harvey Kenneth D
Current Estimated Value
$1,455,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1997
Sold by
Baldacci Richard and Baldacci Robert
Bought by
Harvey Kenneth D
Source: Public Records

Range of Values:

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Average Value
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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
Lee Joy N -- --
Harvey Kenneth D $214,900 --
Harvey Kenneth D $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carothers Morgan I $780,000
Closed Harvey Kenneth D $550,000
Closed Harvey Kenneth D $550,000
Closed Lee Joy N $450,000
Closed Lee Joy N $348,000
Previous Owner Harvey Kenneth D $280,000
Previous Owner Harvey Kenneth D $265,000
Previous Owner Harvey Kenneth D $52,000
Previous Owner Harvey Kenneth D $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,300,000 -3.7% $381 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $1,350,000 -3.6% $396 / Sq Ft
06/14/2023 06/14/23 For Sale $1,399,900 -- $411 / 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 $13,488 $1,236,300 $590,500 $645,800
2024 $12,884 $1,224,700 $590,500 $634,200
2023 $12,569 $1,215,600 $590,500 $625,100
2022 $11,840 $1,163,100 $562,400 $600,700
2021 $11,238 $1,102,800 $535,600 $567,200
2020 $10,581 $1,048,700 $515,000 $533,700
2019 $9,742 $905,400 $447,800 $457,600
2018 $8,881 $785,200 $407,100 $378,100
2017 $8,723 $747,500 $384,100 $363,400
2016 $8,545 $682,000 $351,300 $330,700
2015 $8,539 $677,200 $349,400 $327,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73124648

MLS Property Information Network (MLS PIN)

APN: SOME-000034-E000000-000028