NOT LISTED FOR SALE

116 Porter St Unit 1 Somerville, MA 02143

Estimated Value: $1,045,000 - $1,296,000

3 Beds
4 Baths
1,884 Sq Ft
$150/mo HOA Fee

Last Sold February 21, 2019

Last sale price $925,000 $491 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,583/month

91 Days on Market

Highlights

  • Tankless Water Heater
  • Somerville High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Welcome to the 116 Porter Street condos! Unit 1 is an ultra lux 3 bedroom 3.5 bathrooms , sprawled out over 3 floors of living. The Philly style master bedroom features an en suite bathroom with double closets. The other 2 bedrooms also offer large closets and are located on the first floor. This is a 2018 gut renovation rehab. New windows, hardwood floors throughout, plumbing, electrical and insulation. Conveniently situated between Davis Square and Porter Square as well as the proposed green line. No details were missed on this project and unit layout features an open kitchen, dining room and living area with a gas fireplace. The kitchen showcases quartz counter tops, stainless steel bosch appliances, home crest cabinets with the soft close draws/doors. The basement is finished and also features a bathroom. Energy features in this condo include: Navien tank-less hot water, spray foam insulation and LED recessed lights. 1 Parking spot comes with this unit and divided yard space.

Last Agent to Sell the Property

Pezzano Group

Compass Listed on: 10/11/2018

Last Buyer's Agent

Jared Freni

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,800

Year Built

  • Built in 1905

HOA Fees

  • $150 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 B:B L:5

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,800

Year Built

Built in 1905

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 496.28
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Compactor, Microwave
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 10X13, Bathroom - Full, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 12X15, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 11X10, Closet, Flooring - Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 3X7
  • Bathroom 2: On Level: First Floor, Dimension: 10X5
  • Bathroom 3: On Level: Second Floor, Dimension: 10X7
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 13X12, Flooring - Hardwood, Main Level
  • Family Room: On Level: Basement, Dimension: 11X26, Bathroom - Full
  • Kitchen: On Level: First Floor, Dimension: 15X9, Flooring - Hardwood, Main Level, Cabinets - Upgraded, Recessed Lighting, Remodeled
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 11X15, Bathroom - Full, Bathroom - Half, Fireplace, Closet, Flooring - Hardwood, Main Level, Exterior Access, Open Floor Plan
  • Basement: Y
  • Other Room 1: Name: Bathroom, On Level: Basement, Dimension: 11X8
  • No Living Levels: 3
  • Main Lo: AN2588
  • Main So: AC2354
  • Estimated Sq Ft: 1884.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Vinyl, Professional Landscaping, Stone Wall

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Forced Air
  • Hot Water: Tankless
  • Utility Connections: for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 150.00
  • Association Fee Includes: Master Insurance
  • Condo Association: Yes

Lot Info

  • Assessments: 741000.00
  • Page: 125
  • Parcel Number: M:35 B:B L:5
  • Zoning: RA

Tax Info

  • Taxes: 8381.00
  • Assessor Parcel Number: 752426

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Feb 19, 2019
Sold by
116 Porter Street Llc
Bought by
Molina Juan
Seller's Agent
Pezzano Group
Compass
Buyer's Agent
Jared Freni
RE/MAX Andrew Realty Services
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Current Estimated Value
$1,172,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,733
Avg. Annual Appreciation
3.71%
Original Mortgage
$685,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Molina Juan $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Juan $100,000
Open Molina Juan $720,000
Closed Molina Juan $688,000
Closed Molina Juan $685,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $925,000 -1.1% $491 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $935,000 -0.4% $496 / Sq Ft
12/04/2018 12/04/18 Price Changed $939,000 -1.1% $498 / Sq Ft
11/04/2018 11/04/18 Price Changed $949,000 -2.7% $504 / Sq Ft
11/04/2018 11/04/18 Price Changed $975,000 -2.0% $518 / Sq Ft
10/11/2018 10/11/18 For Sale $995,000 -- $528 / 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 $10,800 $989,900 $0 $989,900
2024 $10,210 $970,500 $0 $970,500
2023 $9,941 $961,400 $0 $961,400
2022 $9,428 $926,100 $0 $926,100
2021 $9,239 $906,700 $0 $906,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Pezzano Group

    Compass

  • Jared Freni

    Buyer's Agent in 2019

    Jared Freni

    RE/MAX

    (781) 801-6982

    40 Total Sales

    Jared Freni
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72409168

MLS Property Information Network (MLS PIN)

APN: SOME M:35 B:B L:5 U:1

Massachusetts Middlesex County Somerville 02143

116 Porter St Unit 1, Somerville, MA

This home is located at 116 Porter St Unit 1, Somerville, MA 02143 since 11 October 2018 and is currently estimated at $1,172,733, approximately $622 per square foot. This property was built in 1905. 116 Porter St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

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