$710,000
SOLD APR 8, 2014

131 W Adams St Somerville, MA 02144

West Somerville Neighborhood
5 Beds
3 Baths
2,390 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

8% Above List Price

46 Days on Market

About This Home

As of December 2014

Large retro 6+7 W. Somerville 2 family near Tufts. Offers spacious rooms, hardwood floors, high ceilings, semi-modern kitchen and bathrooms, front and rear porches, driveway, yard, expandable attic and more. A great home in a fantastic location with lots of potential. A great opportunity for developers and investors. Needs cosmetic repairs. Offers due Tues 2/25 by noon with a Wed 2/26 8PM exp.

Last Agent to Sell the Property

Irene Bremis

LAER Realty Partners Listed on: 01/22/2014

LAER Realty Partners

Last Buyer's Agent

Ed Abrams

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
46
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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Average Value
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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 Type Sale Price Title Company
Not Resolvable $505,000 --
Deed $640,000 --
Not Resolvable $710,000 --
Land Court Massachusetts -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,000 New Conventional
Previous Owner $685,000 Purchase Money Mortgage
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: 71625490

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 and is currently priced at $710,000, approximately $297 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.

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.

MLS Property Information Network (MLS PIN) 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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