Seller's Agent in 2024
Scarlett Tamburro
Advisors Living - Boston
(617) 281-2911
54 Total Sales
11 Simpson Ave Somerville, MA 02144
Estimated Value: $1,761,000 - $2,058,000
9
Beds
3
Baths
3,057
Sq Ft
$631/Sq Ft
Est. Value
Highlights
- Medical Services
- 4-minute walk to Davis Station
- Property is near public transit
- Somerville High School Rated A-
- Deck
- 1-minute walk to Hodgkins-Curtin Park
About This Home
As of July 2024Open house cancelled! Offer accepted. Philadelphia style 2-family in Somerville is a rare find with a total of 9 bedrooms and 3 full baths steps to Davis Square and Tufts University. The property is split into a spacious 5-bedroom, 2-bathroom unit and a cozy 4-bedroom, 1-bathroom unit, both featuring updated kitchens and bathrooms and beautiful hardwood floors throughout. Located in a highly desirable area .2 miles to Davis Square Red Line T Stop and the Somerville Community Bike Path This home boasts a garage that can be converted as well as front and back decks, perfect for entertaining. With 3+ dedicated off-street parking spaces and ample on-street permit and meter parking available, parking will never be an issue. The property is conveniently situated across the street from a park and playground, providing a serene and friendly atmosphere. Don't miss this opportunity to own a versatile and well-maintained home with endless possibilities for investment or multigenerational living.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,302
Year Built
- Built in 1910
Lot Details
- 3,600 Sq Ft Lot
Parking
- 1 Car Garage
- Driveway
- Open Parking
Home Design
- Block Foundation
Interior Spaces
- 3,057 Sq Ft Home
- Property has 2 Levels
- Living Room
- Wood Flooring
- Block Basement Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Cooling Zones
- 2 Heating Zones
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $9,400
- Assessor Parcel Number 749079
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $2,000
- Water Sewer Expense $2,000
- Operating Expense $19,500
- Net Operating Income $101,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2024
Closed on
Jul 12, 2024
Sold by
Masuelli Carina R and Perez-Masuelli Carmen M
Bought by
Moose Holdings T and Masuelli
Seller's Agent
Scarlett Tamburro
Advisors Living - Boston
Buyer's Agent
Jennifer Schneider
Century 21 Elite Realty
List Price
$1,699,900
Sold Price
$1,900,000
Premium/Discount to List
$200,100
11.77%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,955
Avg. Annual Appreciation
-0.45%
Original Mortgage
$1,400,000
Outstanding Balance
$1,389,489
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,219
Purchase Details
Closed on
Apr 26, 2013
Sold by
Wei Yingjie and Chen Xiaohong
Bought by
Yingjie Wei and Yingjie Jane X
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2012
Sold by
Yingjie and Yingjie Jane X
Bought by
Wei Yingjie and Chen Jane X
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2012
Sold by
Wei Yingjie and Chen Jane X
Bought by
Yingjie Wei T and Yingjie Wei
Purchase Details
Closed on
Mar 28, 1996
Sold by
Est Zanti Frank and Zanti Joseph
Bought by
Wei Yingjie and Wei Xiaohong
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moose Holdings T | -- | None Available | |
| Moose Holdings T | -- | None Available | |
| Yingjie Wei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Yingjie Wei T | -- | -- | |
| Yingjie Wei T | -- | -- | |
| Wei Yingjie | $215,000 | -- | |
| Wei Yingjie | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez-Masuelli Carmen M | $1,400,000 | |
| Closed | Perez-Masuelli Carmen M | $1,400,000 | |
| Previous Owner | Wei Yingjie | $487,500 | |
| Previous Owner | Wei Yingjie | $490,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $1,900,000 | +11.8% | $622 / Sq Ft |
| 03/30/2024 03/30/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | For Sale | $1,699,900 | -- | $556 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $15,990 | $1,465,600 | $845,000 | $620,600 |
| 2024 | $15,302 | $1,454,600 | $845,000 | $609,600 |
| 2023 | $14,928 | $1,443,700 | $845,000 | $598,700 |
| 2022 | $14,052 | $1,380,400 | $804,800 | $575,600 |
| 2021 | $13,682 | $1,342,700 | $798,900 | $543,800 |
| 2020 | $12,839 | $1,272,400 | $746,100 | $526,300 |
| 2019 | $12,695 | $1,179,800 | $727,700 | $452,100 |
| 2018 | $209 | $1,040,700 | $661,600 | $379,100 |
| 2017 | $207 | $988,700 | $624,200 | $364,500 |
| 2016 | $11,150 | $889,900 | $557,400 | $332,500 |
| 2015 | $10,648 | $844,400 | $514,800 | $329,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Jennifer Schneider
Century 21 Elite Realty
(617) 733-8211
134 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73216930
APN: SOME-000016-A000000-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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