$359,000 - $486,000
RENTED AUG 26, 2024
1 Bed
1 Bath
700 Sq Ft
$583 Price per Sq Ft

Last Sold September 27, 2021

Last sale price $300,000 $429 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,494/month

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Somerville High School Rated A-
  • No HOA
  • 1-minute walk to Hoyt-Sullivan Playground

About This Home

As of August 2024

Live in the most desirable neighborhood in Somerville. This large, One Bedroom One Bathroom Apartment is located on a beautiful Tree Lined Street in desirable MagounSqaure. The Unit Features, Large Open Eat -in Kitchen, spacious Living Room with Vintage Glowing Harwood Floors, Tons of NaturalLight, Modern Reseed Lighting throughout adding an extra layer of ambience. The interior space is anchored on one end by a large master bedroom that over looks quiet tree lined Central Street. The neighborhood is really what makes this unit a hidden gem! Walk out your front door and relax and enjoy a good book on the classic New England front Porch while waiting for the Green Line to Down Town located one block away. Amenities include OFF-Street Parking, 450 sqft of locked storage and NEW App -operated laundry A/C in Unit.

Last Agent to Rent the Property

Brian Logue

The Paladin Group, LLC Listed on: 08/01/2024

Last Renter's Agent

Sarah Martin

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,266

Year Built

  • 1920

Lot Details

  • 999 Sq Ft Lot
  • Near Conservation Area

Parking

  • 1 Car Parking Space

Home Design

  • 700 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • No Cooling

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 9/1/24
  • Rent includes water, sewer, trash collection, snow removal, gardener, extra storage, laundry facilities, parking
  • Assessor Parcel Number 4436522

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,266

Year Built

1920

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2024-09-01
  • Lease Term: Lease Terms(12),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 2
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 700
  • Spa YN: No
  • MAIN LO: AN6462
  • LIST PRICE PER Sq Ft: 3.57
  • PRICE PER Sq Ft: 3.57
  • MAIN SO: BB9927

Exterior Features

  • Exterior Features: Porch
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Extra Storage, Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 4

Lot Info

  • Parcel Number: 4436522
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 27, 2021
Sold by
Gaudette Emilio P
Bought by
Khan Olinh and Khan Naji
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Brian Logue
The Paladin Group, LLC
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Current Estimated Value
$407,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,773
Avg. Annual Appreciation
9.10%
Original Mortgage
$225,000
Outstanding Balance
$205,624
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,109

Purchase Details

Closed on
Sep 30, 2011
Sold by
Smith Jenney C
Bought by
Gaudette Emilio P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Larocco Tr Susan A
Bought by
Smith Jenney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Khan Olinh $300,000 None Available
Linh O $300,000 None Available
Gaudette Emilio P $168,000 --
Gaudette Emilio P $168,000 --
Smith Jenney C $259,000 --
Smith Jenney C $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linh O $225,000
Closed Khan Olinh $225,000
Previous Owner Gaudette Emilio P $126,000
Previous Owner Smith Jenney C $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Rented $2,500 0.0% --
08/20/2024 08/20/24 Under Contract -- -- --
08/01/2024 08/01/24 For Rent $2,500 0.0% --
09/27/2021 09/27/21 Sold $300,000 -20.0% $448 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $375,000 -- $561 / 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 $3,266 $299,400 $0 $299,400
2024 $3,069 $291,700 $0 $291,700
2023 $2,989 $289,100 $0 $289,100
2022 $3,647 $358,300 $0 $358,300
2021 $4,039 $396,400 $0 $396,400
2020 $3,918 $388,300 $0 $388,300
2019 $4,542 $422,100 $0 $422,100
2018 $3,125 $276,300 $0 $276,300
2017 $3,103 $265,900 $0 $265,900
2016 $2,901 $231,500 $0 $231,500
2015 $2,784 $220,800 $0 $220,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277697

MLS Property Information Network (MLS PIN)

APN: SOME-000049-B000000-000020-000004