NOT LISTED FOR SALE

Estimated Value: $1,487,000 - $1,790,161

6 Beds
3 Baths
3,096 Sq Ft
$516/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $1,155,000 $373 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,488/month

35 Days on Market

Highlights

  • Deck
  • Porch
  • 3-minute walk to Henry O. Hansen Park
  • Somerville High School Rated A-

About This Home

As of October 2019

Fantastic opportunity to own a highly desirable 3-family centrally located in Somerville! This turn-key property has vast potential for investors, developers and owner-occupants alike. Each unit currently has 2 bedrooms and 1 full bath, but a flexible floor plan offers potential to add a 3rd bedroom if desired. Separate utilities/systems for each unit with updated replacement windows, newer roof, newer hot water heaters, front and back decks and much more! Close to Davis Sq, Magoun Sq, Tufts, public transportation and area restaurants and shops. This property has been meticulously maintained and owned by the same family for decades - this is a true gem that's not to be missed!

Last Agent to Sell the Property

Joseph Pollack

Redfin Corp. Listed on: 05/16/2019

Redfin Corp.

Co-Listed By

Allister Booth

Redfin Corp. License #449592276

Last Buyer's Agent

Tony Madan

Boston Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,100

Year Built

  • Built in 1920

Lot Details

  • 2,178

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:41 B:C L:30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,100

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 403.75
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: NB3534
  • Main So: NB9300
  • Estimated Sq Ft: 3096.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Public School, T-Station, University

Lot Info

  • Assessments: 962700.00
  • Acre: 0.05
  • Lot Size: 2240.00
  • Page: 309
  • Parcel Number: M:41 B:C L:30
  • Zoning: RA
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 2600
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 10359.00
  • Assessor Parcel Number: 753485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Oct 4, 2019
Sold by
Avp Ft
Bought by
Cherry Street Llc
Seller's Agent
Joseph Pollack
Redfin Corp.
Buyer's Agent
Tony Madan
Boston Investments
List Price
$1,250,000
Sold Price
$1,155,000
Premium/Discount to List
-$95,000
-7.6%
Current Estimated Value
$1,596,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,040
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,044,000
Outstanding Balance
$914,597
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$681,443

Purchase Details

Closed on
Jun 19, 2012
Sold by
Pereira Arthur V and Pereira Velademira D
Bought by
Avp Ft

Purchase Details

Closed on
Mar 10, 2010
Sold by
Pereira Arthur V and Periera Arthur V
Bought by
Sicari Tr Estrella F and Pereira Carlos M
Source: Public Records

Range of Values:

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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
Cherry Street Llc $1,155,000 --
Avp Ft -- --
Sicari Tr Estrella F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Street Llc $1,044,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $1,155,000 -7.6% $373 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $1,250,000 -- $404 / 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 $13,100 $1,200,700 $421,500 $779,200
2024 $12,273 $1,166,600 $421,500 $745,100
2023 $11,974 $1,158,000 $421,500 $736,500
2022 $11,439 $1,123,700 $401,400 $722,300
2021 $10,995 $1,079,000 $382,300 $696,700
2020 $11,190 $1,109,000 $367,600 $741,400
2019 $10,359 $962,700 $312,100 $650,600
2018 $8,812 $779,100 $301,000 $478,100
2017 $8,573 $734,600 $280,700 $453,900
2016 $7,970 $636,100 $242,700 $393,400
2015 $7,307 $579,500 $216,400 $363,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72501642

MLS Property Information Network (MLS PIN)

APN: SOME-000041-C000000-000030