$1,419,000 - $1,799,685
RENTED MAR 19, 2025
4 Beds
2 Baths
2,870 Sq Ft
$564 Price per Sq Ft

Highlights

  • Community Stables
  • Medical Services
  • Property is near public transit
  • Somerville High School Rated A-
  • Custom Closet System
  • 5-minute walk to Lou Ann David Park

About This Home

As of March 2025

Presenting 16 Malvern Ave – A Prime Location in Somerville!! Available NOW.Step into modern comfort with this newly renovated townhouse-style home. The first floor has been transformed with a just-completed open-concept kitchen and dining room, seamlessly integrated with a convenient laundry area. This inviting space, perfect for entertaining and everyday living, is complemented by a sunroom, office, living room, two good-sized bedrooms, a full bath, and a back porch. The second floor features a spacious primary bedroom and a fourth bedroom with a ¾ bath.This home is bathed in natural light and boasts beautiful hardwood flooring throughout. Additional features include basement storage, a common backyard, and tandem parking for two cars.Enjoy an unbeatable location nestled between Teele and Davis Squares, with close proximity to Tufts University and direct access to the bike path.This is a fantastic commuter location with an abundance of great shops and restaurants right at you

Last Agent to Rent the Property

Maria Fabiano

Maria Fabiano Realty Listed on: 03/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,570

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,300

Parking

  • 2 Car Parking Spaces

Home Design

  • Apartment

Interior Spaces

  • 2,870 Sq Ft Home
  • Recessed Lighting
  • Home Office
  • Center Hall

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Cedar Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 3,300 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes water, sewer, extra storage, laundry facilities

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,570

Year Built

Built in 1900 | Remodeled

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12+)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 5000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1900
  • Entry Level: 2
  • Year Built Details: Approximate
  • Year Round: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Recessed Lighting, Home Office, Center Hall
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Features: Cedar Closet(s), Flooring - Hardwood
  • Room Bedroom3 Area: 143
  • Room Bedroom3 Level: First
  • Room Bedroom4 Area: 180
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet/Cabinets - Custom Built, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 192
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - 3/4
  • Room Dining Room Features: Flooring - Hardwood, Breakfast Bar / Nook, Remodeled
  • Room Dining Room Level: First
  • Room Dining Room Area: 130
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 192
  • Laundry Features: Closet/Cabinets - Custom Built, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 156
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: First
  • Room Office Area: 88
  • Room Office Features: Flooring - Hardwood, Balcony / Deck
  • Above Grade Finished Sq Ft: 2870
  • Living Area: 2870
  • Spa YN: No
  • MAIN LO: AN3128
  • LIST PRICE PER Sq Ft: 1.74
  • PRICE PER Sq Ft: 1.74
  • MAIN SO: AN3128

Exterior Features

  • Exterior Features: Balcony / Deck, Balcony - Exterior, Balcony
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Highway Access
  • Rent Includes: Water, Sewer, Extra Storage, Laundry Facilities
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3300
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Walcott Kathleen N and 14-16 Malvern Ave Rlty
Bought by
N Blvd Llc and Walcott
Current Estimated Value
$1,599,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2020
Sold by
Walcott Kathleen N and Bethune William
Bought by
14-16 Malvern Ave Rlty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 5, 2014
Sold by
Walcott Kathleen N
Bought by
Bethune 2Nd William T and Walcott Kathleen N
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
N Blvd Llc -- None Available
N Blvd Llc -- None Available
14-16 Malvern Ave Rlty -- None Available
14-16 Malvern Ave Rlty -- None Available
Bethune 2Nd William T -- --
Bethune 2Nd William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner N Blvd Llc $950,000
Previous Owner N Blvd Llc $5,250,000
Previous Owner 14 16 Malvern Ave Rlty $1,359,768
Previous Owner 14-16 Malvern Ave Rlty $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Rented $5,000 0.0% --
03/16/2025 03/16/25 Under Contract -- -- --
03/06/2025 03/06/25 For Rent $5,000 -- --
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 $13,570 $1,243,800 $715,400 $528,400
2024 $12,792 $1,216,000 $715,400 $500,600
2023 $12,487 $1,207,600 $715,400 $492,200
2022 $10,372 $1,018,900 $681,400 $337,500
2021 $9,989 $980,300 $661,500 $318,800
2020 $9,372 $928,800 $616,300 $312,500
2019 $8,697 $808,300 $547,900 $260,400
2018 $8,889 $785,900 $546,000 $239,900
2017 $8,570 $734,400 $515,000 $219,400
2016 $9,000 $718,300 $486,600 $231,700
2015 $8,488 $673,100 $445,500 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73342451

MLS Property Information Network (MLS PIN)

APN: SOME-000013-F000000-000005