NOT LISTED FOR SALE

131 W Adams St Somerville, MA 02144

West Somerville Neighborhood

Estimated Value: $971,000 - $1,248,000

2 Beds
2 Baths
1,464 Sq Ft
3,833 Sq Ft Lot

Last Sold December 30, 2014

Last sale price $505,000 $345 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,009/month

76 Days on Market

About This Home

As of December 2014

FINAL PRICE REDUCTION TO SELL BEFORE THE HOLIDAYS. Offers due by Tuesday, Nov. 11 by 3 p.m. Glistening, renovated open plan luxury first floor condo with finished basement & Central Air. New electrical, plumbing, & HVAC. 500 s.f. finished basement with bathroom, closet & washer/dryer hookup. Ample recessed lighting throughout. Sparkling white high end kitchen with top of the line Samsung stainless steel appliances, Homecrest cabinets with soft close doors & drawers, White Ice granite counters, breakfast bar, & tumbled marble backsplash. Pets OK (max. of 2 dogs up to 60 lbs). Steps to Tufts. 1/2 mile from planned College Ave.Green Line T stop. Walk to the many attractions of Teele & Davis Square. Non-tandem 1 car off street parking. Last unit left, Unit 2 has closed for $640,000.

Last Agent to Sell the Property

Ed Abrams

Listed on: 09/10/2014

Last Buyer's Agent

Kylie Tsai

Keller Williams Realty License #449585854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 30, 2014
Sold by
Kta Construction Llc
Bought by
Hoffman Michael D and Tsai Mei-Hua
Seller's Agent
Ed Abrams
Buyer's Agent
Kylie Tsai
Keller Williams Realty
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Total Days on Market
76
Current Estimated Value
$1,105,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,319
Avg. Annual Appreciation
7.85%
Original Mortgage
$404,000
Outstanding Balance
$315,894
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$794,392

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 10, 2014
Sold by
Kta Construction Llc
Bought by
Yu Guofu and Xia Liyan
Seller's Agent
Ed Abrams
Buyer's Agent
Nana Lo
S.Y.K. Corporation
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-65.93%

Purchase Details

Listed on
Jan 22, 2014
Closed on
Apr 9, 2014
Sold by
Araujo Ft
Bought by
Fta Construction Llc
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Ed Abrams
List Price
$659,900
Sold Price
$710,000
Premium/Discount to List
$50,100
7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.41%
Original Mortgage
$685,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2008
Sold by
Darosa-Araujo Joseph
Bought by
Araujo Ft and Araujo Joseph Raposo
Source: Public Records

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Range of Values:

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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
Hoffman Michael D $505,000 --
Yu Guofu $640,000 --
Fta Construction Llc $710,000 --
Araujo Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Michael D $404,000
Previous Owner Fta Construction Llc $685,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $505,000 0.0% $345 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/11/2014 11/11/14 Off Market $505,000 -- --
11/06/2014 11/06/14 Price Changed $499,900 -1.8% $341 / Sq Ft
10/30/2014 10/30/14 Price Changed $509,000 -1.9% $348 / Sq Ft
10/17/2014 10/17/14 Price Changed $519,000 -1.0% $355 / Sq Ft
10/10/2014 10/10/14 Price Changed $524,000 -0.9% $358 / Sq Ft
10/01/2014 10/01/14 Price Changed $529,000 -3.6% $361 / Sq Ft
09/10/2014 09/10/14 For Sale $549,000 -22.7% $375 / Sq Ft
04/08/2014 04/08/14 Sold $710,000 +7.6% $297 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $659,900 -- $276 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,864 $904,100 $0 $904,100
2024 $9,324 $886,300 $0 $886,300
2023 $9,143 $884,200 $0 $884,200
2022 $8,671 $851,800 $0 $851,800
2021 $8,498 $834,000 $0 $834,000
2020 $8,154 $808,100 $0 $808,100
2019 $8,435 $783,900 $0 $783,900
2018 $8,600 $760,400 $0 $760,400
2017 $7,878 $675,100 $0 $675,100
2016 $7,473 $596,400 $0 $596,400
2015 $7,524 $596,700 $349,700 $247,000
Source: Public Records

Agents Affiliated with this Home

  • Irene Bremis

    Seller's Agent in 2014

    Irene Bremis

    Laer Realty

    (617) 460-2208

    Section Image
  • Ed Abrams

    Seller's Agent in 2014

    Ed Abrams

    (617) 388-1764

    1 in this area

    34 Total Sales

    Ed Abrams
    Section Image

  • K

    Buyer's Agent in 2014

    Kylie Tsai

    Keller Williams Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71740991

MLS Property Information Network (MLS PIN)

APN: SOME-000007-K000000-000011-000002

Massachusetts Middlesex County Somerville 02144 West Somerville

131 W Adams St, Somerville, MA

This home is located at 131 W Adams St, Somerville, MA 02144 since 10 September 2014 and is currently estimated at $1,105,319, approximately $754 per square foot. This property was built in 1930. 131 W Adams St is a home located in Middlesex County with nearby schools including Somerville High School, International School of Boston, and Lesley Ellis School.

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