116 Pearson Rd Somerville, MA 02144
Estimated Value: $1,463,000 - $1,762,000
8
Beds
3
Baths
3,144
Sq Ft
$504/Sq Ft
Est. Value
About This Home
As of December 2021Attention Investors! Spacious Philadelphia style 2 family professionally managed, fully tenanted & never vacant! 1 block to Tufts University, new Green Line College Ave Station & Cummings Center. Unit 1 includes: Large entry, social room, eat-in kit, pantry, 4 bedrooms, bathroom. Unit 2: Social room, updated eat-in kitchen with granite & stainless, 4 bedrooms, & 2 bathrooms. Roof, windows & front & back porches were replaced in 2004 & are in good shape. Heating systems & hot water tanks have been updated including 1 instant hot water tank. Hardwood floors throughout & all rooms are generous in size. Outside enjoy a backyard & parking for 4+ cars, exterior trim needs painting. All this just 20 mins walk to the Vibrant shops & restaurants of Davis Sq, easy access to Harvard Sq, Downtown Boston & Logan Airport! Can be sold with 106 Bromfield Rd & 15 Teele Ave, see MLS. ***Open Houses/Group showings only: Wed, Fri & Sat noon to 1pm (Oct 20,22,23)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,684
Year Built
- 1910
Lot Details
- 3,920
Interior Spaces
- Property has 2 Levels
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2022
Sold by
Johnston Richard A and Johnston Robert F
Bought by
Johnston Robert F
Total Days on Market
8
Current Estimated Value
Purchase Details
Listed on
Oct 19, 2021
Closed on
Dec 13, 2021
Sold by
Birds Hill Properties Llc
Bought by
Ionamac Properties Llc
Seller's Agent
Marjie and Phil
Advisors Living - Arlington
Buyer's Agent
Dee Minnock
SelectRE Boston
List Price
$1,299,000
Sold Price
$1,500,000
Premium/Discount to List
$201,000
15.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
2.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 11, 2011
Sold by
Jennings David L and Krebs Jennifer J
Bought by
Birds Hill Prop Llc
Purchase Details
Closed on
Oct 18, 2010
Sold by
Torell Edgar W and Torell Sally B
Bought by
Jennings David L and Krebs Jennifer J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnston Robert F | -- | None Available | |
| Ionamac Properties Llc | $1,500,000 | None Available | |
| Birds Hill Prop Llc | -- | -- | |
| Jennings David L | $630,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcdonagh Thomas M | $3,400,000 | |
| Previous Owner | Jennings David L | $441,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2021 12/14/21 | Sold | $1,500,000 | +15.5% | $477 / Sq Ft |
| 10/28/2021 10/28/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | For Sale | $1,299,000 | -- | $413 / 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 | $14,684 | $1,345,900 | $722,400 | $623,500 |
| 2024 | $14,041 | $1,334,700 | $722,400 | $612,300 |
| 2023 | $13,685 | $1,323,500 | $722,400 | $601,100 |
| 2022 | $12,884 | $1,265,600 | $688,000 | $577,600 |
| 2021 | $12,516 | $1,228,300 | $682,900 | $545,400 |
| 2020 | $12,073 | $1,196,500 | $683,400 | $513,100 |
| 2019 | $11,426 | $1,061,900 | $622,100 | $439,800 |
| 2018 | $10,544 | $932,300 | $565,600 | $366,700 |
| 2017 | $10,340 | $886,000 | $533,600 | $352,400 |
| 2016 | $9,991 | $797,400 | $476,500 | $320,900 |
| 2015 | $9,558 | $758,000 | $440,000 | $318,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marjie and Phil
Seller's Agent in 2021
Marjie and Phil
Advisors Living - Arlington
126 Total Sales
-
Dee Minnock
Buyer's Agent in 2021
Dee Minnock
SelectRE Boston
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72910306
APN: SOME-000018-B000000-000006
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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