David Last
Last2 Development, LLC
(857) 214-4360
16 Total Sales
1 in Teele Square
$1,180,000 Price
1295 Broadway Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,723,646
12
Beds
6
Baths
6,252
Sq Ft
$276/Sq Ft
Est. Value
About This Home
As of July 2017Great investment opportunity and potential cash cow! 6 family plus commercial buildings located at traffic signal at the corner of Broadway and North Street. Newer brick 6 family with 2 car parking per unit plus 1 parking space for management. Each unit is 2 bed with modern floor plans. All separate updated gas heating systems. Common coin op laundry room, newer roof. Commercial building is fully rented, 5 storefronts with 4 tenants. Buyer must do own due diligence as seller makes no representations as to future development. Conveniently located near Davis Square, Teele Square, Red Line, future Green Line extension, and Tufts. Easy access to Route 2, Route 16, and Route 93. Also for sale individually. 6 family MLS # 72172736, commercial buildings MLS # 72172741 (1295 and 1305 Broadway). Seller to review offers by noon Thursday June 15th. Group Showings Thursday June 8th 10am.
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Property Details
Home Type
Multi-Family
Year Built
1985
Lot Details
4,095 Sq Ft Lot
Listing Details
- Lot Description: Corner
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 5
- Year Built: 1985
Interior Features
- Has Basement: Yes
- Number of Rooms: 20
- Amenities: Public Transportation, Shopping, Highway Access, T-Station
- Electric: Circuit Breakers
- Flooring: Wood, Tile
- Full Bathrooms: 6
- Total Levels: 5
- Main Lo: BB5745
- Main So: BB5745
- Estimated Sq Ft: 6252.00
Exterior Features
- Exterior: Brick
- Exterior Features: Balcony
- Foundation: Poured Concrete, Other (See Remarks)
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 13
Utilities
- Utility Connections: for Electric Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 6
Lot Info
- Zoning: N/A
Multi Family
- APOD Available: Yes
- Total Bedrooms: 12
- Total Floors: 9
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 20
- Total Rent_1: 9850
- Multi Family Type: 5-9 Family
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
May 30, 2017
Closed on
Jul 3, 2017
Sold by
Bought by
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
List Price
$4,400,000
Sold Price
$4,775,000
Premium/Discount to List
$375,000
8.52%
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
-$3,051,354
Avg. Annual Appreciation
-10.57%
Purchase Details
Closed on
Mar 27, 2017
Sold by
Bought by
Purchase Details
Closed on
Aug 24, 2006
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Teele Square, MA
-
David Last
-
The Annette Given Team
The Annette Given Team
The Charles Realty
(339) 666-4063
59 Total Sales
1 in Teele Square
$710,000 Price
-
Wenjun Cao
Wenjun Cao
Engel & Volkers Boston
(781) 488-6994
25 Total Sales
1 in Teele Square
$695,000 Price
-
Michael Albano
Michael Albano
ERA Metropolitan Homes
(857) 365-2073
14 Total Sales
2 in Teele Square
$1,119,900 Price Range
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
38 Total Sales
1 in Teele Square
$1,375,000 Price
-
Barrie Naji
Barrie Naji
Real Broker MA, LLC
(781) 512-4579
49 Total Sales
1 in Teele Square
$810,000 Price
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 |
|---|---|---|---|
| $1,000,000 | -- | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|---|
| 07/03/2017 07/03/17 | Sold | $4,775,000 | +8.5% | $764 / Sq Ft |
| 06/17/2017 06/17/17 | Pending | -- | -- | -- |
| 05/30/2017 05/30/17 | For Sale | $4,400,000 | -- | $704 / 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 | $15,791 | $834,600 | $489,500 | $345,100 |
| 2024 | $15,190 | $834,600 | $489,500 | $345,100 |
| 2023 | $14,480 | $834,600 | $489,500 | $345,100 |
| 2022 | $14,063 | $834,600 | $489,500 | $345,100 |
| 2021 | $13,929 | $834,600 | $489,500 | $345,100 |
| 2020 | $13,621 | $834,600 | $489,500 | $345,100 |
| 2019 | $13,233 | $763,600 | $466,300 | $297,300 |
| 2018 | $12,365 | $679,000 | $466,300 | $212,700 |
| 2017 | $11,901 | $632,700 | $439,800 | $192,900 |
| 2016 | $12,001 | $594,700 | $407,800 | $186,900 |
| 2015 | $11,725 | $575,300 | $388,400 | $186,900 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Marrion
Seller's Agent in 2017
Shane Marrion
Benoit Real Estate Group ,LLC
(617) 750-6378
3 in this area
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72173129
APN: SOME-000008-I000000-000011
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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