NOT LISTED FOR SALE

Estimated Value: $753,000 - $1,059,000

4 Beds
2 Baths
2,112 Sq Ft
$419/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $657,000 $311 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,431/month

16 Days on Market

About This Home

As of March 2016

This is the income property or project you have been waiting for! Great opportunity to buy a move-in condition 2 family in a great and quiet neighborhood of Somerville within walking distance to Tufts . Walk to Tufts University, Mystic River paths and Whole Foods! Potential for condo development, buy/hold, etc. 5 room, 2 Bed, 1 bath units, mostly hardwood and tile flooring, some carpet in 1st floor unit. Desirable floor plans, gas heat/cooking, separate utilities, newer heating systems and walk out basement with solid head height Front AND rear porches, front porch needs attention. Rents were previously $2,000 per month each unit...never have a problem renting out your property with great proximity to Tufts and major routes for commuters. Deeded off street parking (1 garage spot, 3 car tandem) and a lovely and private fenced in patio in rear.

Last Agent to Sell the Property

Brendan Hartwell

Brendan Hartwell Listed on: 02/17/2016

Last Buyer's Agent

Cindy Gleichauf

Coldwell Banker Realty - Franklin

Coldwell Banker Realty - Franklin

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,734

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, University
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Energy: Insulated Windows, Storm Windows, Storm Doors
  • Flooring: Tile, Vinyl, Hardwood
  • Basement: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: AN0447
  • Main So: BB1175
  • Estimated Sq Ft: 2112.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Gutters, Fenced Yard, Garden Area
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RA
  • Acre: 0.07
  • Lot Size: 3049.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 4000
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 9, 2016
Sold by
Ash Jonathan P and Us Bank Na
Bought by
Hartwell Brendan
Seller's Agent
Brendan Hartwell
Brendan Hartwell
Buyer's Agent
Cindy Gleichauf
Coldwell Banker Realty - Franklin
List Price
$667,000
Sold Price
$657,000
Premium/Discount to List
-$10,000
-1.5%
Current Estimated Value
$885,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,106
Avg. Annual Appreciation
3.26%
Original Mortgage
$585,000
Outstanding Balance
$467,663
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,380

Purchase Details

Closed on
Sep 15, 2006
Sold by
George Paul M
Bought by
Donohoe Colleen M and Ash Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.59%

Purchase Details

Closed on
May 1, 1995
Sold by
George Jonathan
Bought by
Zarzycki Andrzej and Zarzycki M S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hartwell Brendan $632,000 --
Donohoe Colleen M $515,000 --
Zarzycki Andrzej $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enhanced Properties Ll $585,000
Previous Owner George Paul M $241,500
Previous Owner Donohoe Colleen M $412,000
Previous Owner Donohoe Colleen M $77,250
Previous Owner Zarzycki Andrzej $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $657,000 -1.5% $311 / Sq Ft
02/17/2016 02/17/16 For Sale $667,000 -- $316 / 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 $7,734 $708,900 $0 $708,900
2024 $7,309 $694,800 $0 $694,800
2023 $7,091 $685,800 $0 $685,800
2022 $6,720 $660,100 $0 $660,100
2021 $6,583 $646,000 $0 $646,000
2020 $6,310 $625,400 $0 $625,400
2019 $6,523 $606,200 $0 $606,200
2018 $8,196 $724,700 $422,800 $301,900
2017 $5,928 $508,000 $398,900 $109,100
2016 $7,307 $583,200 $356,300 $226,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71960226

MLS Property Information Network (MLS PIN)

APN: SOME M:3 B:C L:24 U:14