$531,000
SOLD OCT 14, 2016

14 Pearson Ave Unit 3 Somerville, MA 02144

2 Beds
1 Bath
850 Sq Ft
$185/mo HOA Fee

Recently Sold

$625 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Open Floorplan
  • Somerville High School Rated A-
  • No Units Above
  • 2-minute walk to Lexington Park

About This Home

As of October 2016

Gutted to the studs in 2013! This sun-filled top floor condo has two bedrooms and a completely renovated kitchen and bath. Upgrades include new plumbing and electrical, new moldings, oil rubbed bronze door hardware and fixtures, new light fixtures and full exterior and attic insulation. Amenities include central air, in-unit laundry hookups, attic storage, tandem parking, and shared front and rear yards. On a quiet residential side street just a half mile to the heart of Davis Square. Convenient to the red line MBTA, the Somerville Theater, the Rosebud Diner and just 2 blocks to the bike path. Enjoy the hot Somerville entertainment culture of “Honk!”, “ArtBeat”, “PorchFest”, and the “Somerville Dog Festival,” to name a few. Davis Square is a great place to live! 100% owner-occupied association. See attached brochure and floor plan for more info. Offers, if any, are due on Tuesday, July 19th at 3pm.

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 07/13/2016

Compass

Co-Listed By

Nancy Dixon

Coldwell Banker Realty - Cambridge License #449522640

Last Buyer's Agent

Sarah Suarez

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • No Units Above
  • Security Fence
  • Garden

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Dining Area

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Car Parking Space
  • Tandem Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • 60 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4271688

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, reserve funds
  • 3 Units
  • 14 16 Pearson Avenue Condo Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,150

Year Built

Built in 1900 | Remodeled

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Range Hood, Gas Water Heater,Tank Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Closet, Flooring - Hardwood, Open Floorplan
  • Accessibility Features: No
  • Living Area: 850
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 621.18
  • PRICE PER Sq Ft: 624.71
  • MAIN SO: AC1277

Exterior Features

  • Exterior Features: Garden
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Tandem
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Individual
  • Heating: Baseboard, Natural Gas, Individual
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • Parcel Number: 4271688
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 999
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3149.74
  • Tax Book Number: 9999

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 14, 2016
Sold by
Alvord Benjamin and Mccaig Lisa
Bought by
Aronchick Rachel
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Sarah Suarez
Gibson Sotheby's International Realty
List Price
$528,000
Sold Price
$531,000
Premium/Discount to List
$3,000
0.57%
Total Days on Market
7
Current Estimated Value
$764,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,937
Avg. Annual Appreciation
4.16%
Original Mortgage
$424,800
Outstanding Balance
$345,098
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$409,493

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 31, 2013
Sold by
Tallia Oshea Munroe T and Bryant Helen B
Bought by
Alvord Benjamin and Mccaig Lisa
Seller's Agent
John Guerini
Keller Williams Realty Evolution
Buyer's Agent
Charles Cherney
Compass
List Price
$299,888
Sold Price
$280,000
Premium/Discount to List
-$19,888
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%
Original Mortgage
$266,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $531,000 --
Deed $280,000 --
Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,800 New Conventional
Previous Owner $266,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $531,000 +0.6% $625 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $528,000 +88.6% $621 / Sq Ft
05/30/2013 05/30/13 Sold $280,000 +3.7% $329 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/13/2013 04/13/13 Price Changed $269,888 -10.0% $318 / Sq Ft
04/04/2013 04/04/13 For Sale $299,888 -- $353 / 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 $7,171 $657,300 $0 $657,300
2024 $6,776 $644,100 $0 $644,100
2023 $6,573 $635,700 $0 $635,700
2022 $6,226 $611,600 $0 $611,600
2021 $6,098 $598,400 $0 $598,400
2020 $5,844 $579,200 $0 $579,200
2019 $6,037 $561,100 $0 $561,100
2018 $5,716 $505,400 $0 $505,400
2017 $5,772 $494,600 $0 $494,600
2016 $5,670 $452,500 $0 $452,500
2015 $4,569 $362,300 $0 $362,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72037542

MLS Property Information Network (MLS PIN)

APN: SOME-000028-D000000-000013-000003