NOT LISTED FOR SALE

15 Albion St Somerville, MA 02143

Estimated Value: $1,609,000 - $2,097,000

9 Beds
5 Baths
4,628 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $1,500,000 $324 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,021/month

17 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Garden
  • Somerville High School Rated A-
  • Porch
  • 2-minute walk to Hoyt-Sullivan Playground

About This Home

As of December 2020

Grand and expansive townhouse-style two family home (8-8) with monthly rent of $9,750, leased through 8/31/21. Abuts the Somerville Community Path Extension, set to open in 2021, affording direct access to the future Lowell Street Green Line T stop, Davis Sq and the Minuteman Bikeway. Incredible, unfinished, full walkout basement with 9.5' ceiling height and approximately 2,000 square feet of gross area. Potential to finish for additional living or home work space (See new zoning regs). 3 car driveway and 3 additional spaces in rear of the property. Many updates include kitchens & baths, roof, heating systems, electrical and replacement windows. The property consists of an 8 room, 2 bath, three level townhouse and a unique 8 room three level unit with 2 kitchens and 3 bathrooms. Don't miss the treetop views from the huge, shared mahogany roof deck. The property has incredible potential for an investor, developer or homeowner.

Last Listed By

Kevin McDermott

Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,135

Year Built

  • Built in 1900

Lot Details

  • Garden

Flooring

  • Wood
  • Tile

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,135

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 341.40
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 2
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Main Lo: BB9927
  • Main So: AN4467
  • Estimated Sq Ft: 4628.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Asbestos
  • Exterior Features: Porch, Deck - Roof, Deck - Wood, Covered Patio/Deck, Gutters, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, 200 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Bike Path, Public School

Lot Info

  • Assessments: 1182300.00
  • Acre: 0.13
  • Lot Size: 5631.00
  • Zoning: NR
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Heat Units: 3
  • Total Levels: 6
  • Total Rent: 9750
  • Total Rms: 16
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 11929.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Jafry Bryann and Jafry Syed
Bought by
Jafry Ft
Total Days on Market
17
Current Estimated Value
$1,901,443

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 1, 2020
Sold by
Mor Llc
Bought by
Jafry Brynn and Jafry Syed
Seller's Agent
Kevin McDermott
Buyer's Agent
Lawrence O'connor
Sterling Beacon Hill
List Price
$1,780,000
Sold Price
$1,500,000
Premium/Discount to List
-$280,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$975,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2008
Sold by
Roudebush Marc O
Bought by
Mor Llc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Yu Wenjiang and Zhou Xiao Ning
Bought by
Roudebush Marc O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,300
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bosse Beaumanois
Bought by
Yu Wenjiang and Zhou Ziao Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1989
Sold by
Est Dimilla Mary L
Bought by
Bosse Beaumanois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
10.73%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Jafry Ft -- None Available
Jafry Brynn $1,500,000 None Available
Mor Llc -- --
Roudebush Marc O $650,000 --
Yu Wenjiang $195,000 --
Bosse Beaumanois $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jafry Brynn $975,000
Previous Owner Roudebush Marc O $316,300
Previous Owner Yu Wenjiang $300,000
Previous Owner Bosse Beaumanois $85,000
Previous Owner Bosse Beaumanois $185,400
Previous Owner Bosse Beaumanois $185,250
Previous Owner Bosse Beaumanois $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $1,500,000 -5.1% $324 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $1,580,000 -11.2% $341 / Sq Ft
09/30/2020 09/30/20 For Sale $1,780,000 -- $385 / 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 $17,135 $1,570,600 $537,700 $1,032,900
2024 $16,050 $1,525,700 $537,700 $988,000
2023 $15,683 $1,516,700 $537,700 $979,000
2022 $14,997 $1,473,200 $512,100 $961,100
2021 $12,764 $1,252,600 $487,700 $764,900
2020 $11,929 $1,182,300 $468,900 $713,400
2019 $10,997 $1,022,000 $407,700 $614,300
2018 $10,020 $885,900 $370,700 $515,200
2017 $9,909 $849,100 $349,700 $499,400
2016 $9,916 $791,400 $319,800 $471,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72735294

MLS Property Information Network (MLS PIN)

APN: SOME-000042-B000000-000028