NOT LISTED FOR SALE

124 Pearson Rd Unit 2 Somerville, MA 02144

Estimated Value: $711,000 - $966,000

2 Beds
2 Baths
916 Sq Ft
$851/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $640,000 $699 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,717/month

About This Home

As of June 2019

Newly renovated 2 BR, 2 BA condo unit offers an eat-in white shaker style cabinet kitchen w/granite counter-tops, high-end stainless steel appliances inclusive of a 4 burner gas stove w/griddle, a microwave, LG double door refrigerator, a dishwasher, a disposal, subway tiled back-splash, a breakfast counter w/cabinet storage, & a pantry area w/LG washer & dryer. Unit has mostly refinished hardwood floors throughout. A private Master Bedroom offers an en suite bath/shower with glass enclosure. A 2nd guest bedroom features a perfect reading or studying area with a bay window seat w/access to a private balcony. Gust bath with glass enclosed shower. Other bonus features include front & rear decks, 2 off-street parking, exclusive basement storage, a fenced-in backyard with a patio. Extremely sought after area near Ball Square just .9 miles from the Davis Square Red Line. Available 9/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jun 10, 2019
Sold by
Ludwig Jeffrey T
Bought by
Sheikh Iyad
Seller's Agent
The iBremis Team
LAER Realty Partners
Buyer's Agent
Jeffrey Goldman
Coldwell Banker Realty - Boston
List Price
$729,000
Sold Price
$640,000
Premium/Discount to List
-$89,000
-12.21%
Current Estimated Value
$779,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,449
Avg. Annual Appreciation
4.17%
Original Mortgage
$512,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Sheikh Iyad $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheikh Iyad $481,000
Closed Sheikh Iyad $491,250
Closed Sheikh Iyad $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Rented $2,750 0.0% --
08/31/2020 08/31/20 Price Changed $2,750 -6.8% $3 / Sq Ft
08/26/2020 08/26/20 Price Changed $2,950 0.0% $3 / Sq Ft
08/26/2020 08/26/20 For Rent $2,950 -3.3% --
08/25/2020 08/25/20 Off Market $3,050 -- --
08/20/2020 08/20/20 Price Changed $3,050 -4.7% $3 / Sq Ft
07/31/2020 07/31/20 For Rent $3,200 0.0% --
06/14/2019 06/14/19 Sold $640,000 -2.9% $699 / Sq Ft
06/13/2019 06/13/19 Price Changed $659,000 +25246.2% $719 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
04/15/2019 04/15/19 Pending -- -- --
01/01/2019 01/01/19 Rented $2,600 0.0% --
12/11/2018 12/11/18 Under Contract -- -- --
11/10/2018 11/10/18 Price Changed $2,600 0.0% $3 / Sq Ft
11/10/2018 11/10/18 Price Changed $659,000 0.0% $719 / Sq Ft
10/16/2018 10/16/18 Price Changed $3,100 0.0% $3 / Sq Ft
10/16/2018 10/16/18 Price Changed $709,000 0.0% $774 / Sq Ft
09/18/2018 09/18/18 For Rent $3,500 0.0% --
09/17/2018 09/17/18 For Sale $729,000 -- $796 / Sq Ft

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 $6,962 $638,100 $0 $638,100
2024 $6,428 $611,000 $0 $611,000
2023 $6,239 $603,400 $0 $603,400
2022 $5,966 $586,100 $0 $586,100
2021 $5,851 $574,200 $0 $574,200
Source: Public Records

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