NOT LISTED FOR SALE

Estimated Value: $1,104,000 - $1,425,000

5 Beds
2 Baths
1,992 Sq Ft
$626/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $900,000 $452 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,385/month

43 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Garage
  • No Heating
  • Somerville High School Rated A-
  • Level Lot
  • 3-minute walk to North Street Veterans Playground

About This Home

As of August 2022

Just 0.7 miles to Davis Sq, this Teele Sq two-family is conveniently located minutes to Tufts, shops and restaurants. Easily access public transportation with nearby stops for the Red Line, Green Line, and 87 and 88 buses. With 12 solid years of rental history, this versatile dwelling can be kept as an investment property, an owner-occupied rental or can be converted into a single-family home. Unit 1 is deleaded and features a generous foyer with a closet and updated baseboard heating. The enclosed lower front porch is ideal for a mudroom or home office. Unit 2 features a bedroom with a walk-in closet, a dining room, a bonus room in the attic, in-unit laundry, plus 2 zones of central heat and A/C. Both units have two bedrooms, full bath, living room, eat-in kitchen with dishwasher, hardwood floors, high-efficiency boilers, insulated walls, separate washer/dryer machines in the basement plus enclosed front and back porches. Includes a two-car driveway and a garage for extra storage.

Last Agent to Sell the Property

Aira Ilao

Listwithfreedom.com Listed on: 05/14/2022

Last Buyer's Agent

Angela Cui

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,496

Year Built

  • Built in 1910

Lot Details

  • 2,613 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • West Somerville Elementary And Middle School
  • Somerville High School

Utilities

  • No Cooling
  • No Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $63,000

Listing and Financial Details

  • Total Actual Rent $5,600
  • Assessor Parcel Number SOME M:8 B:C L:30,747965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,496

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2.50%
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2.50%
  • Sub Agency Type: %
  • Transaction Broker: 2.50%
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Interior Amenities: Other (See Remarks), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Dishwasher,Refrigerator,Washer,Dryer,Range - ENERGY STAR), Unit 2(Range,Dishwasher,Refrigerator,Dryer,Range - ENERGY STAR), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1992
  • Stories Total: 2
  • MAIN LO: AN6927
  • LIST PRICE PER Sq Ft: 491.47
  • PRICE PER Sq Ft: 451.81
  • MAIN SO: BB6013

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Unit 1(None), Unit 2(Central Air)
  • Heating: None, Unit 1(Hot Water Baseboard), Unit 2(Central Heat)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: SOME M:8 B:C L:30,747965
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres
  • PAGE: 275

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9496
  • Tax Book Number: 54881

Multi Family

  • Gross Income: 63000
  • Net Operating Income: 63000
  • Number Of Units Total: 2
  • Total Actual Rent: 5600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Somerville
  • Elementary School: West Somerville
  • Middle Or Junior School: West Somerville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2010
Sold by
Piccolo Anthony and Piccolo Richard
Bought by
Rafkind Annika and Rafkind Barry
Current Estimated Value
$1,246,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Outstanding Balance
$317,135
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$929,325
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
Rafkind Annika $510,000 --
Rafkind Annika $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafkind Annika $484,500
Closed Rafkind Annika $484,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $900,000 -8.1% $452 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $979,000 +3.2% $491 / Sq Ft
06/21/2022 06/21/22 For Sale $949,000 0.0% $476 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $949,000 -- $476 / 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 $9,554 $875,700 $634,500 $241,200
2024 $9,081 $863,200 $634,500 $228,700
2023 $10,269 $993,100 $634,500 $358,600
2022 $9,496 $932,800 $604,300 $328,500
2021 $9,278 $910,500 $600,000 $310,500
2020 $9,129 $904,800 $600,300 $304,500
2019 $8,618 $800,900 $546,500 $254,400
2018 $8,381 $741,000 $496,800 $244,200
2017 $8,080 $692,400 $468,700 $223,700
2016 $8,197 $654,200 $418,500 $235,700
2015 $7,794 $618,100 $386,500 $231,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981732

MLS Property Information Network (MLS PIN)

APN: SOME-000008-C000000-000030