Justin Blankenship
Fiv Realty Co
(781) 417-3370
61 Total Sales
1 in Spring Hill
$700,000 Price
147 Cedar St Somerville, MA 02144
Spring Hill Neighborhood
6
Beds
6
Baths
3,768
Sq Ft
2,900
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Tennis Courts
- Somerville High School Rated A-
- Corner Lot
- 3-minute walk to Lexington Park
About This Home
As of September 2023Located just outside of Somerville’s historic Davis Square, 147 Cedar Street is situated in one of Somerville’s busiest neighborhoods, just off the Somerville Community Path. 147 Cedar Street consists of 6 (six) residential units, 4 (four) Parking spots.147 Cedar Street is conveniently located in between Tufts University, Magoon Square and Davis Square allowing tenants a convenient walk to each destination. In 2022, the new Magoun Square Green Line Station opened, as a part of Somerville’s Green Line extension. Under a 0.3 mile walk door to door, a 0.7 mile walk to Davis Square and a 0.7 mile walk to Porter Square, 147 Cedar Street tenants have easy access to Boston and the greater MBTA access points, all of which makes 147 Cedar Street a well-positioned investment.
Last Agent to Sell the Property
Dan Dewing
Boston Realty Advisors Listed on: 04/18/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,453
Year Built
- Built in 1900
Lot Details
- 2,900 Sq Ft Lot
- Corner Lot
Parking
- 4 Car Parking Spaces
Interior Spaces
- 3,768 Sq Ft Home
- Partially Finished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Additional Features
- Bulkhead
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $10,425
- Assessor Parcel Number 752170
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $871
- Insurance Expense $4,775
- Water Sewer Expense $4,162
- Operating Expense $41,502
- Net Operating Income $84,198
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2023
Closed on
Sep 14, 2023
Sold by
Somerville M & M Rt and Dupuis
Bought by
Seller's Agent
Dan Dewing
Boston Realty Advisors
Buyer's Agent
Sabbor Sheikh
Coldwell Banker Realty - Boston
List Price
$1,800,000
Sold Price
$1,730,000
Premium/Discount to List
-$70,000
-3.89%
Views
99
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$824,259
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2018
Sold by
147 Cedar Street Llc
Bought by
Somerville M & M Rt and Dupuis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2012
Sold by
Pmd Group Llc
Bought by
147 Cedar Street Llc
Purchase Details
Closed on
Oct 26, 2004
Sold by
Dupuis Peter A
Bought by
Pmd Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.85%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Hill, MA
-
Justin Blankenship
-
Kyle Cabral
Kyle Cabral
Southpaw Residential
(617) 934-2431
14 Total Sales
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$1,122,200 Price
-
Issam Dib
Issam Dib
Skyline Realty
(781) 776-5266
38 Total Sales
1 in Spring Hill
$1,059,000 Price
-
Hans Nagrath
Hans Nagrath
Compass
(888) 604-7140
165 Total Sales
3 in Spring Hill
$1M - $2.2M Price Range
-
Alex Wong
Alex Wong
Serhant
(857) 365-2114
45 Total Sales
1 in Spring Hill
$786,500 Price
-
Steven Mango
Steven Mango
StartPoint Realty
(339) 444-1357
60 Total Sales
1 in Spring Hill
$765,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,730,000 | None Available | ||
| Somerville M & M Rt | -- | -- | |
| 147 Cedar Street Llc | -- | -- | |
| Pmd Group Llc | $400,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $850,000 | |
| Previous Owner | 147 Cedar Street Llc | $3,000,000 | |
| Previous Owner | Pmd Group Llc | $450,000 | |
| Previous Owner | Pmd Group Llc | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $1,730,000 | 0.0% | $459 / Sq Ft |
| 06/01/2023 06/01/23 | Off Market | $1,730,000 | -- | -- |
| 04/18/2023 04/18/23 | For Sale | $1,800,000 | -- | $478 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,216 | $1,669,700 | $662,400 | $1,007,300 |
| 2024 | $16,708 | $1,588,200 | $662,400 | $925,800 |
| 2023 | $16,192 | $1,566,000 | $662,400 | $903,600 |
| 2022 | $14,771 | $1,451,000 | $630,900 | $820,100 |
| 2021 | $13,856 | $1,359,800 | $600,800 | $759,000 |
| 2020 | $13,122 | $1,300,500 | $577,700 | $722,800 |
| 2019 | $11,837 | $1,100,100 | $502,400 | $597,700 |
| 2018 | $10,134 | $896,000 | $456,700 | $439,300 |
| 2017 | $9,355 | $801,600 | $430,900 | $370,700 |
| 2016 | $8,753 | $698,600 | $394,100 | $304,500 |
| 2015 | $8,481 | $672,600 | $391,900 | $280,700 |
Source: Public Records
Agents Affiliated with this Home
-
DD
Seller's Agent in 2023
Dan Dewing
Boston Realty Advisors
-
Sabbor Sheikh
Buyer's Agent in 2023
Sabbor Sheikh
Coldwell Banker Realty - Boston
(617) 767-6228
2 in this area
118 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73100140
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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