S
Seller's Agent in 2023
Suraj Tamrakar
14 Rossmore St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,118,000 - $1,359,000
5
Beds
2
Baths
2,488
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Jogging Path
- Somerville High School Rated A-
- Property is near public transit and schools
- 4-minute walk to Senator Corbett Playground
About This Home
As of September 2023Discover a remarkable 2-family property situated in the heart of Somerville, boasting a prime location near key transportation hubs and essential amenities. This gem presents an exceptional investment opportunity, promising unmatched convenience for residents with easy access to major transportation options (Union Square green line station,Somerville), streamlining daily commutes. The property's proximity to various shops, restaurants, parks, and entertainment venues ensures a dynamic and fulfilling lifestyle within walking distance. Embrace the chance to become a part of the thriving Somerville community. Whether you are a savvy investor seeking to capitalize on the surging demand or a homebuyer looking for a comfortable residence with an additional rental unit, this property provides the perfect solution. Don't miss out on this enticing prospect!
Last Agent to Sell the Property
Suraj Tamrakar
Listed on: 07/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,385
Year Built
- Built in 1900
Lot Details
- 2,561
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,488 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heating Available
- 100 Amp Service
- Natural Gas Connected
Additional Features
- Deck
- 2,561 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 759176
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Sep 29, 2023
Sold by
Sherchan Jeevan and Sherchan Nirmala G
Bought by
Mendonca Philip L
Seller's Agent
Suraj Tamrakar
Buyer's Agent
George Sousa
Action Realty Associates
List Price
$1,099,999
Sold Price
$1,110,000
Premium/Discount to List
$10,001
0.91%
Views
35
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
$136,367
Avg. Annual Appreciation
4.87%
Original Mortgage
$810,000
Outstanding Balance
$790,203
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$456,420
Purchase Details
Closed on
Jul 7, 2003
Sold by
Morin Joseph P and Morin Clare E
Bought by
Sherchan Jeevan and Gauchan-Sherchan Nirmala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendonca Philip L | $1,110,000 | None Available | |
| Sherchan Jeevan | $455,000 | -- | |
| Sherchan Jeevan | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendonca Philip L | $810,000 | |
| Previous Owner | Sherchan Jeevan | $304,475 | |
| Previous Owner | Sherchan Jeevan | $364,000 | |
| Previous Owner | Sherchan Jeevan | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $1,110,000 | +0.9% | $446 / Sq Ft |
| 07/27/2023 07/27/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $1,099,999 | -- | $442 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $11,333 | $1,038,800 | $542,000 | $496,800 |
| 2024 | $10,653 | $1,012,600 | $542,000 | $470,600 |
| 2023 | $10,385 | $1,004,400 | $542,000 | $462,400 |
| 2022 | $9,712 | $954,000 | $516,200 | $437,800 |
| 2021 | $9,137 | $896,700 | $491,600 | $405,100 |
| 2020 | $8,630 | $855,300 | $472,700 | $382,600 |
| 2019 | $8,106 | $753,300 | $401,400 | $351,900 |
| 2018 | $7,590 | $671,100 | $364,900 | $306,200 |
| 2017 | $7,136 | $611,500 | $330,500 | $281,000 |
| 2016 | $7,460 | $595,400 | $324,900 | $270,500 |
| 2015 | $7,162 | $568,000 | $299,600 | $268,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
George Sousa
G
Buyer's Agent in 2023
George Sousa
Action Realty Associates
(781) 756-6665
3 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73138576
APN: SOME-000081-C000000-000012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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