NOT LISTED FOR SALE

Estimated Value: $1,864,000

2 Beds
2 Baths
1,761 Sq Ft
$1,058/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $975,000 $554 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,745/month

1 Day on Market

Highlights

  • Wood Flooring
  • Garden
  • 4-minute walk to Lou Ann David Park
  • Somerville High School Rated A-

About This Home

As of November 2018

OPEN HOUSES CANCELED OFFER ACCEPTED. Originally built as a single family home in 1900, this 2-Family house sits perched atop the hill on tree-lined Mead St in Teele Square. There are two 1 bedroom & 1 bathroom units, both of which are fully leased through 8/31/2019. Lots of natural light and original details like hardwood floors and beautiful marble fireplace mantles give this home charm. While the third floor allows space for storage or possible expansion, the patio with its grapevine covered pergola and spacious back yard are excellent for outdoor entertaining or playing with pets and/or children. Large paved driveway with parking for 4+ cars. Only a half mile to hip Davis Square with many restaurants, shops, and the Red Line T, and just over a quarter mile to the Community Bike Path. Easy access to Rte 2 and I-95.

Last Agent to Sell the Property

proActive Real Estate Team

Keller Williams Realty Boston Northwest Listed on: 09/26/2018

Keller Williams Realty Boston Northwest

Co-Listed By

Jaime Kidston

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Garrett Einis

Green Line Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,067

Year Built

  • Built in 1900

Lot Details

  • Garden

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:13 B:A L:27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,067

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 482.68
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Vinyl, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Dirt Floor, Unfinished Basement
  • Main Lo: BB5474
  • Main So: BB2510
  • Estimated Sq Ft: 1761.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 60 Amps/Less
  • Heat Zones: 2
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University

Lot Info

  • Assessments: 792600.00
  • Acre: 0.11
  • Lot Size: 4633.00
  • Page: 491
  • Parcel Number: M:13 B:A L:27
  • Zoning: RB
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3200
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8964.00
  • Assessor Parcel Number: 748730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 30, 2018
Sold by
Ugolini Ft
Bought by
14 Mead Street Llc
Seller's Agent
proActive Real Estate Team
Keller Williams Realty Boston Northwest
Buyer's Agent
Garrett Einis
Green Line Property Group
List Price
$850,000
Sold Price
$975,000
Premium/Discount to List
$125,000
14.71%
Current Estimated Value
$1,864,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,000
Original Mortgage
$2,050,000
Interest Rate
4.8%
Mortgage Type
Unknown
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
14 Mead Street Llc $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Gregory A $913,000
Closed Justen Alexander M $902,500
Open 14 Mead Street Llc $1,860,000
Closed 14 Mead Street Llc $2,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $975,000 +14.7% $554 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $850,000 -- $483 / 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
2023 $19,067 $1,844,000 $732,700 $1,111,300
2022 $18,772 $1,844,000 $732,700 $1,111,300
2021 $18,790 $1,844,000 $732,700 $1,111,300
2020 $8,771 $1,045,900 $682,600 $363,300
2019 $8,933 $814,200 $606,800 $207,400
2018 $8,964 $792,600 $604,700 $187,900
2017 $8,671 $743,000 $570,500 $172,500
2016 $8,835 $705,100 $539,000 $166,100
2015 $8,301 $658,300 $493,500 $164,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72401650

MLS Property Information Network (MLS PIN)

APN: SOME-000013-A000000-000027