14 Cutter Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,565,000 - $1,713,744
5
Beds
2
Baths
2,514
Sq Ft
$646/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 5-minute walk to Davis Station
- 2-minute walk to Kenney Park
- Somerville High School Rated A-
- Porch
About This Home
As of May 2019Amazing multifamily opportunity in an even better location! This two family property has an excellent rental history, with the first floor unit collecting $2800/month and the second/third floor unit collecting $3800/month (all leases expire on 8/31/19). First floor unit is a two bedroom, one bathroom apartment spanning 1000 sq. ft. featuring hardwood floors throughout, large living room, two spacious bedrooms, an updated bathroom and large eat-in kitchen- exclusive laundry in the basement. The second and third floor offers a three bedroom, one bathroom unit spanning 1500 sq. ft. with an updated kitchen with granite countertops/stainless steel appliances, three spacious bedrooms (two with skylights!), large living room, in-unit laundry and private front porch. Both units have separately metered electricity and gas heating. Two deeded parking spaces behind the building! Located around the corner for the heart of Davis Square, only .3 miles to the Red Line and area amenities.
Last Agent to Sell the Property
Michael Wilson-P mwilsonpierce@cambridgere
Cambridge Realty Group, Inc. Listed on: 03/18/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,476
Year Built
- Built in 1920
Lot Details
- 2,178
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Additional Features
- Porch
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number 4887
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2019
Closed on
May 2, 2019
Sold by
Marolima 14 West Llc
Bought by
Theobald Deborah
Seller's Agent
Michael Wilson-P mwilsonpierce@cambridgere
Cambridge Realty Group, Inc.
Buyer's Agent
Claire Kotzampaltiris
Maloney Properties, Inc.
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
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
$298,936
Avg. Annual Appreciation
3.37%
Purchase Details
Closed on
Jan 11, 2017
Sold by
Legere Mark H and Legere Lisa
Bought by
Marolima 14 West Llc
Purchase Details
Listed on
May 27, 2015
Closed on
Jul 31, 2015
Sold by
Moore-Ede Martin C
Bought by
Legere Mark H and Legere Lisa
Seller's Agent
Michelle Joslin
Leading Edge Real Estate
Buyer's Agent
Fayth Cregg
Leading Edge Real Estate
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$700,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2011
Sold by
14 Cutter Avenue Nt and Moore-Ede Andrew P
Bought by
Moore-Ede Martin C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 2004
Sold by
Sicchitano Amie B and Sicchitano Braden D
Bought by
14 Cutter Avenue Nt and Moore-Ede Andrew P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,400
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 2001
Sold by
Braun Richard K
Bought by
Sicchitano Braden D and Sicchitano Amie B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 1997
Sold by
Aibel William A and Sadler Ilene J
Bought by
Braun Richard K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Theobald Deborah | $1,325,000 | -- | |
| Marolima 14 West Llc | -- | -- | |
| Legere Mark H | $1,000,000 | -- | |
| Moore-Ede Martin C | -- | -- | |
| 14 Cutter Avenue Nt | $612,000 | -- | |
| Sicchitano Braden D | $460,000 | -- | |
| Braun Richard K | $186,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Marolima 14 West Llc | $380,000 | |
| Previous Owner | Legere Mark H | $700,000 | |
| Previous Owner | Moore-Ede Martin C | $389,000 | |
| Previous Owner | 14 Cutter Avenue Nt | $428,400 | |
| Previous Owner | Taylor Amie | $380,000 | |
| Previous Owner | Aribel William R | $368,000 | |
| Previous Owner | Aribel William R | $37,200 | |
| Previous Owner | Aribel William R | $148,500 | |
| Previous Owner | Aribel William R | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2019 05/07/19 | Sold | $1,325,000 | -3.6% | $527 / Sq Ft |
| 04/10/2019 04/10/19 | Pending | -- | -- | -- |
| 03/18/2019 03/18/19 | For Sale | $1,375,000 | +37.5% | $547 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $1,000,000 | +5.3% | $398 / Sq Ft |
| 07/01/2015 07/01/15 | Pending | -- | -- | -- |
| 05/27/2015 05/27/15 | For Sale | $950,000 | -- | $378 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,476 | $1,326,900 | $599,300 | $727,600 |
| 2024 | $13,519 | $1,285,100 | $599,300 | $685,800 |
| 2023 | $13,165 | $1,273,200 | $599,300 | $673,900 |
| 2022 | $12,307 | $1,208,900 | $570,800 | $638,100 |
| 2021 | $11,791 | $1,157,100 | $566,700 | $590,400 |
| 2020 | $11,347 | $1,124,600 | $567,000 | $557,600 |
| 2019 | $11,073 | $1,029,100 | $516,200 | $512,900 |
| 2018 | $10,271 | $908,100 | $469,200 | $438,900 |
| 2017 | $9,286 | $795,700 | $442,700 | $353,000 |
| 2016 | $8,069 | $644,000 | $395,300 | $248,700 |
| 2015 | $7,712 | $611,600 | $365,100 | $246,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Wilson-P mwilsonpierce@cambridgere
M
Seller's Agent in 2019
Michael Wilson-P mwilsonpierce@cambridgere
Cambridge Realty Group, Inc.
(781) 367-2807
9 Total Sales
-
Claire Kotzampaltiris
Buyer's Agent in 2019
Claire Kotzampaltiris
Maloney Properties, Inc.
(781) 974-2463
75 Total Sales
-
Michelle Joslin
Seller's Agent in 2015
Michelle Joslin
Leading Edge Real Estate
(781) 760-7865
49 Total Sales
-
Fayth Cregg
Buyer's Agent in 2015
Fayth Cregg
Leading Edge Real Estate
(617) 803-0923
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72466975
APN: SOME-000025-A000000-000016
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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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