NOT LISTED FOR SALE

Estimated Value: $1,364,000 - $1,559,575

5 Beds
3 Baths
3,112 Sq Ft
$477/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,365,000 $439 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,938/month

7 Days on Market

Highlights

  • Medical Services
  • Deck
  • Covered Patio or Porch
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 2-minute walk to Hoyt-Sullivan Playground

About This Home

As of December 2022

2 Family home in prime location and turnkey condition, steps away to green line extension stops and close to Union Square, Assembly Row, Davis Square, I-93, and the Community/Bike Path. The house is perfect for owner occupant with an option for investment income. The house has many updates, most recent upgrades of unit 2 include new HVAC system (central AC & heat), new water heater, HW flooring, quartz countertops and island, great kitchen cabinets, stainless steel appliances & West Elm lighting. Huge covered decks offer perfect venue to unwind. A large, unfinished basement offers potential for expansion. Each unit has a private entrance as well as separate utilities. 4 Parking Spaces. Unit 1 occupied by good tenant, current rent $2,400 (TAW). Come check out the beautiful house yourself! Certificate of condo approval and removal permit already available.

Last Agent to Sell the Property

Zoe Shih

Blue Ocean Realty, LLC Listed on: 10/10/2022

Last Buyer's Agent

Sage Jankowitz

Cambridge Sage Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 1900

Lot Details

  • 3,236 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,112 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,400
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:49 B:A L:16,754803,754803

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,124

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry), Unit 2(Ceiling Fans,Pantry,Lead Certification Available), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Unfinished
  • Living Area: 3112
  • Stories Total: 3
  • MAIN LO: AN2056
  • MAIN SO: BB9927

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Deck, Patio, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(Central Air)
  • Heating: Unit 1(Steam,Gas,Radiant), Unit 2(Central Heat,Forced Air)
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:49 B:A L:16,754803,754803
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3236
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7124

Multi Family

  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 25, 2020
Sold by
Browne Michael and Browne Ann M
Bought by
Lu Daniel and Lu Sin R
Seller's Agent
Carey Gatto
Keller Williams Realty Boston Northwest
Buyer's Agent
Tania Wu
Boston Luxury Real Estate, LLC
List Price
$1,275,000
Sold Price
$1,150,000
Premium/Discount to List
-$125,000
-9.8%
Current Estimated Value
$1,483,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,394
Avg. Annual Appreciation
4.80%
Original Mortgage
$862,500
Outstanding Balance
$761,505
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$721,889

Purchase Details

Closed on
May 29, 1992
Sold by
Bretta James G
Bought by
Browne David L and Browne Shirley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Daniel $1,150,000 None Available
Browne David L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Daniel $862,500
Previous Owner Browne David L $260,000
Previous Owner Browne David L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Sold $1,365,000 +1.1% $439 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,349,900 +17.4% $434 / Sq Ft
07/31/2020 07/31/20 Sold $1,150,000 -4.2% $370 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Pending -- -- --
05/25/2020 05/25/20 Price Changed $1,199,900 -5.9% $386 / Sq Ft
05/07/2020 05/07/20 For Sale $1,275,000 -- $410 / 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 $14,178 $1,299,500 $482,600 $816,900
2024 $13,518 $1,285,000 $482,600 $802,400
2023 $11,443 $1,106,700 $482,600 $624,100
2022 $10,784 $1,059,300 $459,600 $599,700
2021 $10,230 $1,003,900 $437,700 $566,200
2020 $9,234 $915,200 $420,900 $494,300
2019 $8,342 $775,300 $357,300 $418,000
2018 $7,851 $694,200 $344,600 $349,600
2017 $7,671 $657,300 $321,400 $335,900
2016 $7,315 $583,800 $277,900 $305,900
2015 $6,948 $551,000 $247,800 $303,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73046193

MLS Property Information Network (MLS PIN)

APN: SOME-000049-A000000-000016