123 Elm St Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $1,469,000
6
Beds
2
Baths
2,276
Sq Ft
$645/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 4-minute walk to Porter Square Station
- Patio
- Somerville High School Rated A-
- Porch
About This Home
As of January 2019Amazing 2 Family right in Porter Sq. Located on the corner of Burnside and Elm St. This is currently used as an income property and also works well as an Air B&B given the proximity to universities, convenient public transpotation, and Boston. With all separate utilities this income property is easy and economical to run. The units have modern kitchens/baths and laundry in each unit. Click on the blinking floor plan icon to see floor plans and photos. Very Rare to see a large two family with 2-car Driveway like this as close to Porter and David Sq as this is. Please come to the open House this Sunday From 12noon to 1pm you won't be disappointed. 1st floor rent is $3400 no utilities and 2nd floor is $3200 no utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,237
Year Built
- Built in 1900
Lot Details
- 3,049
Outdoor Features
- Patio
- Porch
Additional Features
- Wood Flooring
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:30 B:B L:18
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2017
Closed on
Jan 31, 2019
Sold by
123 Elm Street Rt
Bought by
Cmsbrc Holdings Llc
Seller's Agent
David Lilley
Buyer's Agent
David Lilley
List Price
$1,350,000
Sold Price
$1,181,818
Premium/Discount to List
-$168,182
-12.46%
Total Days on Market
76
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
$287,182
Original Mortgage
$9,750,000
Outstanding Balance
$8,657,318
Interest Rate
4.5%
Mortgage Type
Undefined Multiple Amounts
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cmsbrc Holdings Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cmsbrc Holdings Llc | $9,750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2019 01/31/19 | Sold | $1,181,818 | -5.5% | $519 / Sq Ft |
| 10/17/2017 10/17/17 | Pending | -- | -- | -- |
| 09/10/2017 09/10/17 | Price Changed | $1,250,000 | -7.4% | $549 / Sq Ft |
| 08/02/2017 08/02/17 | For Sale | $1,350,000 | -- | $593 / 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 |
|---|---|---|---|---|
| 2022 | $11,237 | $1,074,400 | $623,400 | $451,000 |
| 2021 | $11,086 | $1,044,900 | $618,800 | $426,100 |
Source: Public Records
Agents Affiliated with this Home
-
David Lilley
Seller's Agent in 2019
David Lilley
(617) 290-5868
3 in this area
143 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72207466
APN: SOME-000030-B000000-000018
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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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