Seller's Agent in 2013
Michael Cohen
Compass
(617) 852-1160
1 in this area
52 Total Sales
12 Ware St Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,279,000 - $1,660,000
10
Beds
2
Baths
3,030
Sq Ft
$485/Sq Ft
Est. Value
About This Home
As of June 2013Large 2 family perfectly situated near Tufts, Teele Sq & Davis Sq. 2 classic college style units have hardwood floors, some original woodwork, & modern/ semi-modern kitchens. 1st floor apartment used as a 4 bedroom. Rented for $2600 per month. 2nd unit is on 2 levels & used as 6 bedrooms. Rented for $3575 per month. New leases 6/1/13-5/31/14 at $2725 per month for unit 1 & $3575 per month for unit 2.Great rental history. Current annual gross rent: $74,100. Scheduled annual gross rent: $75,600.
Property Details
Home Type
Multi-Family
Year Built
1910
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1910
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Amenities: Public Transportation, Shopping, Highway Access, House of Worship, T-Station, University
- Electric: Circuit Breakers
- Basement: Full, Interior Access
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone, Brick
Garage/Parking
- Parking: Off-Street, Paved Driveway, Other (See Remarks)
- Parking Spaces: 4
Utilities
- Hot Water: Natural Gas
Lot Info
- Assessor Parcel Number: 8-C-11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2013
Sold by
Dai Haiyan and Wang Aijun M
Bought by
12 Ware Street Rt and Dai Haiyan
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2013
Closed on
Jun 11, 2013
Sold by
Warehouse Ent Llc
Bought by
Dai Haiyan and Wang Aijun M
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
Terry Sack
Cabot Homes, LLC
List Price
$729,900
Sold Price
$855,000
Premium/Discount to List
$125,100
17.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$533,850
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 9, 2008
Sold by
12-12A Ware Street Rt
Bought by
Warehouse Ent Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2006
Sold by
Feldman Jonathan
Bought by
12-12A Ware Street Rt
Purchase Details
Closed on
Feb 28, 1997
Sold by
Fnma
Bought by
Feldman Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 1996
Sold by
Kapadia Ismail I and Kapadia Amina I
Bought by
Feldman Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,200
Interest Rate
7.91%
Purchase Details
Closed on
Jan 31, 1996
Sold by
Seidlich Ursula
Bought by
Feldman Jonathan
Purchase Details
Closed on
Dec 22, 1995
Sold by
6-8 Berwick Rd Rt
Bought by
Feldman Jonathan
Purchase Details
Closed on
Jul 24, 1995
Sold by
Gavin John F
Bought by
Feldman Jonathan
Purchase Details
Closed on
Apr 24, 1995
Sold by
Capadanno Joan
Bought by
Jjf Rt and Feldman Janice F
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 |
|---|---|---|---|
| 12 Ware Street Rt | -- | -- | |
| Dai Haiyan | $855,000 | -- | |
| Dai Haiyan | $855,000 | -- | |
| Warehouse Ent Llc | $605,000 | -- | |
| 12-12A Ware Street Rt | -- | -- | |
| Feldman Jonathan | $190,000 | -- | |
| Feldman Jonathan | $182,000 | -- | |
| Feldman Jonathan | $200,000 | -- | |
| Feldman Jonathan | $125,000 | -- | |
| Feldman Jonathan | $172,500 | -- | |
| Jjf Rt | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dai Haiyan | $533,850 | |
| Previous Owner | Warehouse Ent Llc | $484,000 | |
| Previous Owner | Jjf Rt | $185,000 | |
| Previous Owner | Jjf Rt | $176,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2013 06/11/13 | Sold | $855,000 | +17.1% | $282 / Sq Ft |
| 05/12/2013 05/12/13 | Pending | -- | -- | -- |
| 04/03/2013 04/03/13 | For Sale | $729,900 | -- | $241 / 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 | $12,979 | $1,189,600 | $755,500 | $434,100 |
| 2024 | $12,274 | $1,166,700 | $755,500 | $411,200 |
| 2023 | $12,234 | $1,183,200 | $755,500 | $427,700 |
| 2022 | $11,309 | $1,110,900 | $719,500 | $391,400 |
| 2021 | $11,046 | $1,084,000 | $714,300 | $369,700 |
| 2020 | $3,594 | $1,077,200 | $714,700 | $362,500 |
| 2019 | $10,251 | $952,700 | $650,700 | $302,000 |
| 2018 | $9,831 | $869,200 | $591,500 | $277,700 |
| 2017 | $9,477 | $812,100 | $558,100 | $254,000 |
| 2016 | $9,605 | $766,600 | $498,400 | $268,200 |
| 2015 | $9,126 | $723,700 | $460,200 | $263,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Cohen
-
Terry Sack
Buyer's Agent in 2013
Terry Sack
Cabot Homes, LLC
(617) 964-7477
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71502290
APN: SOME-000008-C000000-000011
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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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