115 Elm St Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $1,235,812 - $1,433,000
3
Beds
2
Baths
2,492
Sq Ft
$536/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 3-minute walk to Porter Square Station
- Porch
- Somerville High School Rated A-
About This Home
As of August 2020This property checks all the boxes when it comes to location. Conveniently situated across from the Porter Square Shopping Center, near Davis Square, easy access to public transportation, and the wonderful restaurants and shopping. This property has been in the same family for decades and features updated kitchens, baths, in unit laundry and well maintained hardwood floors. The first floor unit has potential for a second bedroom and the second floor unit has 2 levels of living space Add a little creative TLC and make this your home. This classic two-family property offers excellent options for an owner-occupant and/or investor. Opportunity abounds in this two-family home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,469
Year Built
- Built in 1920
Lot Details
- 3,049
Flooring
- Wood
- Wall to Wall Carpet
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Porch
- Year Round Access
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2020
Closed on
Aug 14, 2020
Sold by
Maynard Rt
Bought by
Shin Kevin
Seller's Agent
Sheldon Hampton
Senne
Buyer's Agent
Sheldon Hampton
Senne
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Total Days on Market
66
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
$386,703
Avg. Annual Appreciation
7.58%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional
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Similar Homes in Somerville, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shin Kevin | $950,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shin Kevin | $365,000 | |
| Closed | Shin Kevin | $500,000 | |
| Previous Owner | Maynard Elmo C | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2020 08/18/20 | Sold | $950,000 | -9.4% | $381 / Sq Ft |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- |
| 06/09/2020 06/09/20 | Price Changed | $1,049,000 | -4.6% | $421 / Sq Ft |
| 05/22/2020 05/22/20 | For Sale | $1,100,000 | 0.0% | $441 / Sq Ft |
| 05/07/2020 05/07/20 | Pending | -- | -- | -- |
| 05/01/2020 05/01/20 | For Sale | $1,100,000 | -- | $441 / 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 | $11,469 | $1,051,200 | $650,900 | $400,300 |
| 2024 | $10,984 | $1,044,100 | $650,900 | $393,200 |
| 2023 | $10,517 | $1,017,100 | $650,900 | $366,200 |
| 2022 | $9,894 | $971,900 | $619,900 | $352,000 |
| 2021 | $9,657 | $947,700 | $615,400 | $332,300 |
| 2020 | $10,296 | $1,020,400 | $615,800 | $404,600 |
| 2019 | $9,764 | $907,400 | $560,600 | $346,800 |
| 2018 | $9,145 | $808,600 | $509,600 | $299,000 |
| 2017 | $8,964 | $768,100 | $480,800 | $287,300 |
| 2016 | $8,657 | $690,900 | $429,300 | $261,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sheldon Hampton
Seller's Agent in 2020
Sheldon Hampton
Senne
(781) 646-2022
1 in this area
8 Total Sales
-
Steve Savarese
Seller Co-Listing Agent in 2020
Steve Savarese
Senne
(617) 962-4823
2 in this area
89 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72649887
APN: SOME-000030-C000000-000020
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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