NOT LISTED FOR SALE

148 Albion St Unit 1 Somerville, MA 02144

Spring Hill Neighborhood

Estimated Value: $932,000 - $1,177,000

2 Beds
1 Bath
1,511 Sq Ft
$160/mo HOA Fee

Last Sold May 05, 2022

Last sale price $910,000 $602 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,366/month

9 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • Somerville High School Rated A-
  • Wood Flooring
  • 1-minute walk to Albion Park

About This Home

As of May 2022

Outstanding, beautifully maintained two level condo in fabulous location! Just 6 minutes walking distance to the future Magoun Square Greenline T Station, easy access to Davis and Porter Squares, and two blocks from the very popular bike path. Completely renovated in 2013 with a modern open floor plan on the first floor and a large finished lower level. Abundant natural sunlight throughout the first floor, thoughtfully designed kitchen with stainless steel appliances, granite countertops and hardwood flooring. Two generous bedrooms, a very large, full bath, a rear "mud" area, plenty of storage, and exclusive patio leading to a shared yard. Well designed lower level adds plenty of flexible living space and includes in-unit laundry, more closets and storage. High quality Carrier gas heat/central air system with smart Ecobee thermostat and sensors. 1 off street parking. Group showing: March 29th 6pm, 30th noon, 31st at 6pm. April 2nd open house 12-1:30, April 3rd open house 12-1:30

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 03/29/2022

Last Buyer's Agent

Derek Fraser

Apartment Rental Experts LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,280

Year Built

  • Built in 1910

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,511 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 752243

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,280

Year Built

Built in 1910

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 1511
  • Stories Total: 2
  • MAIN LO: BB5745
  • MAIN SO: BB9012

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 752243
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7279.72

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 5, 2022
Sold by
Mulert Megan E and Zuckerman Richard A
Bought by
Williams Owen
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Derek Fraser
Apartment Rental Experts LLC
List Price
$795,000
Sold Price
$910,000
Premium/Discount to List
$115,000
14.47%
Current Estimated Value
$1,051,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,875
Avg. Annual Appreciation
4.12%
Original Mortgage
$410,000
Outstanding Balance
$385,167
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$666,708

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 5, 2018
Sold by
Bridge Rami and Bridge Tessa
Bought by
Mulert Megan E and Zuckerman Richard A
Seller's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
Buyer's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
List Price
$680,000
Sold Price
$725,000
Premium/Discount to List
$45,000
6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$580,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2013
Sold by
148 Albion Street Llc
Bought by
Bridge Rami and Orbach Tessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Owen $910,000 None Available
Mulert Megan E $725,000 --
Bridge Rami $479,000 --
Bridge Rami $479,000 --
Bridge Rami $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Owen $410,000
Previous Owner Mulert Megan E $580,000
Previous Owner Bridge Rami $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $910,000 +14.5% $602 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $795,000 +9.7% $526 / Sq Ft
06/05/2018 06/05/18 Sold $725,000 +6.6% $480 / Sq Ft View Prior Sale
04/09/2018 04/09/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $680,000 -- $450 / 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 $8,079 $740,500 $0 $740,500
2024 $7,634 $725,700 $0 $725,700
2023 $7,686 $743,300 $0 $743,300
2022 $7,280 $715,100 $0 $715,100
2021 $7,130 $699,700 $0 $699,700
2020 $6,833 $677,200 $0 $677,200
2019 $6,663 $619,200 $0 $619,200
2018 $6,952 $614,700 $0 $614,700
2017 $6,716 $575,500 $0 $575,500
2016 $6,569 $524,300 $0 $524,300
2015 $6,078 $482,000 $0 $482,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shane Marrion

    Benoit Real Estate Group ,LLC

    Section Image

  • D

    Buyer's Agent in 2022

    Derek Fraser

    Apartment Rental Experts LLC

    1 in this area

    30 Total Sales

    Derek Fraser
    Section Image
  • Bill Aibel

    Seller's Agent in 2018

    Bill Aibel

    Coldwell Banker Realty - Cambridge

    (617) 840-6351

    7 in this area

    81 Total Sales

    Bill Aibel
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72958613

MLS Property Information Network (MLS PIN)

APN: SOME-000034-D000000-000012-000001

Massachusetts Middlesex County Somerville 02144 Spring Hill

148 Albion St Unit 1, Somerville, MA

Not Listed for Sale

Condos

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