Seller's Agent in 2020
Andy Mass
Mass Realty Properties
(617) 877-5706
57 Total Sales
127 Summer St Somerville, MA 02143
Somerville Area
8
Beds
8
Baths
4,598
Sq Ft
4,792
Sq Ft Lot
Highlights
- City View
- Wood Flooring
- Porch
- Deck
About This Home
As of November 2020Rare offering ! Very well maintained and upgraded 6 Family in Union Square, one of the fastest growing neighborhoods around. Turn key investment with Annual Gross Income of $140k and cap rate of 5% at existing rents with substantial value add opportunity. Many system upgrades including mostly newer kitchens w/granite counter tops & newer baths. New High Efficiency Gas Heating system and updated electrical. The property is conveniently located just a few blocks from bustling Union Square which will soon be home to the new Green Line Extension. The neighborhood boasts many great shops, cafes and restaurants. The Union Square Redevelopment has steadily added to the upward trajectory Union Square has been experiencing and is poised to add 2.4 million sq ft of office, retail & lab space. Fabulous location close to Harvard, Cambridge & Boston. Super opportunity for savvy investor or seller coming out of a 1031. Great Property, Fabulous Location ! Offers due Tue Sept 15th 4pm
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792
Outdoor Features
- Deck
- Porch
Schools
- Somerville High School
Additional Features
- City Views
- Wood Flooring
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:51 B:F L:33
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Nov 6, 2020
Sold by
Bought by
Seller's Agent
Andy Mass
Mass Realty Properties
Buyer's Agent
Manish Kumar
Maven Realty
List Price
$2,200,000
Sold Price
$2,075,000
Premium/Discount to List
-$125,000
-5.68%
Purchase Details
Closed on
Nov 17, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,075,000 | None Available | ||
| $875,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $875,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $2,075,000 | -5.7% | $451 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $2,200,000 | -- | $478 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,420 | $1,963,300 | $625,400 | $1,337,900 |
| 2024 | $20,535 | $1,952,000 | $625,400 | $1,326,600 |
| 2023 | $20,068 | $1,940,800 | $625,400 | $1,315,400 |
| 2022 | $19,454 | $1,911,000 | $595,600 | $1,315,400 |
| 2021 | $13,896 | $1,363,700 | $567,300 | $796,400 |
| 2020 | $13,182 | $1,306,400 | $545,400 | $761,000 |
| 2019 | $11,769 | $1,093,800 | $474,300 | $619,500 |
| 2018 | $10,881 | $962,100 | $431,200 | $530,900 |
| 2017 | $10,117 | $866,900 | $406,800 | $460,100 |
| 2016 | $9,772 | $779,900 | $372,000 | $407,900 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Mass
-
Manish Kumar
M
Buyer's Agent in 2020
Manish Kumar
Maven Realty
(617) 868-0100
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72720938
APN: SOME 51-F-33
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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