NOT LISTED FOR SALE

Estimated Value: $2,184,947

8 Beds
4 Baths
3,923 Sq Ft
$557/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $1,780,000 $454 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,531/month

6 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Porch
  • Somerville High School Rated A-
  • Fenced Yard
  • 4-minute walk to Perry Park

About This Home

As of July 2021

108 Beacon St! Oversized triple decker with small commercial space on first floor now used as a bookstore. The residential units have wide pine floors, bay windows, sunny eat in kitchens with walk in pantries, tile baths with showers, separate systems, circuit breakers, and large rear porches with rooftop views overlooking fenced in rear yard. Top floor 3 bedroom was last rented for 3k/month. Unit 1 which is a 2 bedroom unit will be vacant 5/31/21. Efficient forced hot water heat by gas, off street parking for one car plus garage in rear yard great for storage. Very cool commercial space on front of building now used as a bookstore makes a great opportunity for a buyer who needs a well located office to work in while collecting an additional $8400/mo to defray carrying costs. ABSOLUTELY top location minutes to Inman and Harvard squares, Whole Foods, Union Sq (new Green line ), 7 minute walk to Harvard Yard. Many system upgrades throughout; boilers about 15 years and roof about 10 year

Last Agent to Sell the Property

Gary Vrotsos

Coldwell Banker Realty - Cambridge Listed on: 05/20/2021

Coldwell Banker Realty - Cambridge

Co-Listed By

Gary S. Vrotsos

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Siyin Qu

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Outdoor Features

  • Storage Shed
  • Porch

Additional Features

  • City Views
  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:66 B:E L:5

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 432.07
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Cable TV Available, Pantry, Storage, Bathroom With Tub & Shower, Internet Available - Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 7
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 16
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN6181
  • Main So: AC0342
  • Estimated Sq Ft: 3923.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Storage Shed, Fenced Yard, City View(s)
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Hea Common: Hot Water Baseboard, Gas

Lot Info

  • Assessments: 1336400.00
  • Acre: 0.08
  • Lot Size: 3490.00
  • Page: 133
  • Parcel Number: M:66 B:E L:5
  • Zoning: RC
  • Lot Description: City View(s), Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 4
  • Total Rent: 6800
  • Total Rms: 17
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 14863.00
  • Assessor Parcel Number: 757234
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 22, 2021
Sold by
108 Beacon Street Ret
Bought by
108 Beacon St Llc
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Siyin Qu
eXp Realty
List Price
$1,695,000
Sold Price
$1,780,000
Premium/Discount to List
$85,000
5.01%
Current Estimated Value
$2,184,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,947
Avg. Annual Appreciation
4.65%
Original Mortgage
$1,229,000
Outstanding Balance
$1,116,147
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,068,800

Purchase Details

Closed on
Sep 20, 2000
Sold by
Rogers Mary R and Rodrigues Gabriel
Bought by
108 Beacon St Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
108 Beacon St Llc $1,780,000 None Available
108 Beacon St Rt $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 108 Beacon St Llc $1,229,000
Previous Owner 108 Beacon St Rt $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $1,780,000 +5.0% $454 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,695,000 -- $432 / 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 -- $1,734,100 $591,600 $1,142,500
2024 -- $1,684,200 $591,600 $1,092,600
2023 $0 $1,671,700 $591,600 $1,080,100
2022 $0 $1,392,500 $563,400 $829,100
2021 $0 $1,336,400 $536,600 $799,800
2020 $14,548 $1,315,700 $515,900 $799,800
2019 $11,226 $1,150,700 $448,600 $702,100
2018 $11,218 $924,300 $407,800 $516,500
2017 -- $875,200 $384,800 $490,400
2016 -- $817,600 $453,900 $363,700
2015 -- $754,500 $418,700 $335,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72835727

MLS Property Information Network (MLS PIN)

APN: SOME-000066-E000000-000005