NOT LISTED FOR SALE

Estimated Value: $1,076,000 - $1,228,000

4 Beds
2 Baths
2,127 Sq Ft
$542/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $885,000 $416 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,332/month

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2-minute walk to Palmacci Playground
  • Somerville High School Rated A-
  • Enclosed patio or porch

About This Home

As of January 2020

Close to Cambridge line/HARVARD SQUARE!! If your looking for convenience in location, this is it! Strategically situated in a very walkable neighborhood (walk score of 87!), nestled on a quiet street in between Union and Porter Sq with Inman Sq close by, this well cared for 2 family has been owned by the same family for 70+ yrs! Unit 1 features 2 beds, 1 bath, living room & UPDATED KITCHEN w/ HARDWOOD FLOOR white cabinetry and pantry. Unlock unit 2's potential - entry way w/ stained glass window, offering 2 beds, 1 bath, living room, eat in kitchen w/ pantry & access to deck, a den/office area, an enclosed sun-filled front porch and access to an attic, perfect for extra storage. Great opportunity for owner occupant/investor w/ SEPARATE UTILITIES and washer/dryer located in the basement. Steps away from MBTA buses running to T Stations. Premium location - enjoy Somerville's many attractions including Assembly Row & nearby Encore Casino.

Last Listed By

Ester Deoliveira

Classified Realty Group License #449590719 Listed on: 10/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,503

Year Built

  • Built in 1900

Lot Details

  • 2,614

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Oil Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,503

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 439.59
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: B95141
  • Main So: AC2395
  • Estimated Sq Ft: 2127.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University
  • App Common: Washer, Dryer

Schools

  • High School: SHS

Lot Info

  • Assessments: 721000.00
  • Acre: 0.06
  • Lot Size: 2613.00
  • Page: 127
  • Zoning: Res
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 1800
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7757.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jan 7, 2020
Sold by
Dwyer Irt
Bought by
He Wei and Peng Zhaohua
Seller's Agent
Ester Deoliveira
Classified Realty Group
Buyer's Agent
John D'Angelo
Casa Mia Real Estate
List Price
$995,000
Sold Price
$885,000
Premium/Discount to List
-$110,000
-11.06%
Total Days on Market
20
Current Estimated Value
$1,153,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,604
Avg. Annual Appreciation
5.30%
Original Mortgage
$708,000
Outstanding Balance
$637,447
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,026

Purchase Details

Closed on
Jun 24, 2015
Sold by
Dwyer Catherine C Est
Bought by
Dwyer Irt

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
He Wei $885,000 None Available
Dwyer Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Wei $708,000
Previous Owner Pantano Alice S $75,000
Previous Owner Pantano Alice S $25,000
Previous Owner Pantano Alice S $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $885,000 -5.3% $416 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $935,000 -6.0% $440 / Sq Ft
10/30/2019 10/30/19 For Sale $995,000 -- $468 / 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 $10,503 $962,700 $687,600 $275,100
2024 $9,975 $948,200 $687,600 $260,600
2023 $9,760 $943,900 $687,600 $256,300
2022 $9,055 $889,500 $654,900 $234,600
2021 $8,613 $845,200 $623,700 $221,500
2020 $8,614 $853,700 $599,700 $254,000
2019 $7,758 $721,000 $509,300 $211,700
2018 $7,552 $667,700 $463,000 $204,700
2017 $7,078 $606,500 $419,300 $187,200
2016 $7,641 $609,800 $412,100 $197,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72586548

MLS Property Information Network (MLS PIN)

APN: SOME-000053-D000000-000011