NOT LISTED FOR SALE

15 Claremon St Somerville, MA 02144

Teele Square Neighborhood

Estimated Value: $1,630,000 - $1,823,000

6 Beds
3 Baths
3,954 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $1,670,000 $422 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,606/month

4 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 3-minute walk to Lou Ann David Park

About This Home

As of June 2023

Any offers are due by 4:00 on Monday 3/20. Amazing opportunity for an investor or owner occupant in a prime location between Davis Sq. and Teele Sq. This large 3 family home features spacious and well maintained units with hardwood floors and light filled rooms. Each unit has 5 rooms with open living/dining areas, 2 bedrooms one bath and front and rear decks. Units 1 and 3 have recently renovated kitchens and bathrooms and newer heating systems. Other upgrades include 300 amp electrical, water heaters and rubber roof in 2010. All units are separately metered, there is storage in basement and 4 tandem parking spaces. Fantastic location near all the shop and restaurants, Tufts, and green and red lines. Unit 2 rent is well below market due to long term tenant. Leases expire 8/31. Showings at Open Houses 3/18 and 3/19 from 1:30 - 3:00.

Last Agent to Sell the Property

Bing and Sanchez Team

Gibson Sotheby's International Realty Listed on: 03/15/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Fred Hoang

The Minuteman Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,195

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,500

Home Design

  • 3,954 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Microwave
  • Washer
  • 4,500 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $7,650
  • Assessor Parcel Number 748787

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Operating Expense $5,775
  • Net Operating Income $91,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,195

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl, Hardwood Floors, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer), Unit 3(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 3954
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB5918
  • MAIN SO: AN1914

Exterior Features

  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Forced Air,Natural Gas,Unit Control, Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 748787
  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17195

Multi Family

  • Net Operating Income: 91800
  • Number Of Units Total: 3
  • Operating Expense: 5775
  • Total Actual Rent: 7650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Hoang Kenneth and Hoang Helen
Bought by
Kh Hoang Ft and Hoang
Current Estimated Value
$1,735,747

Purchase Details

Closed on
Jul 14, 2011
Sold by
Cann Donald J
Bought by
Donald J Cann Ret and Cann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kh Hoang Ft -- None Available
Donald J Cann Ret -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $1,670,000 +11.3% $422 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $1,499,999 -- $379 / 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 $18,023 $1,652,000 $787,900 $864,100
2024 $16,982 $1,614,300 $787,900 $826,400
2023 $17,199 $1,663,300 $787,900 $875,400
2022 $16,379 $1,608,900 $750,300 $858,600
2021 $15,864 $1,556,800 $728,500 $828,300
2020 $15,205 $1,506,900 $678,600 $828,300
2019 $14,317 $1,330,600 $603,300 $727,300
2018 $12,043 $1,064,800 $601,200 $463,600
2017 $11,758 $1,007,500 $567,200 $440,300
2016 $11,128 $888,100 $535,800 $352,300
2015 $10,290 $816,000 $490,600 $325,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bing and Sanchez Team

    Gibson Sothebys International Realty

    (617) 680-5424

    1 in this area

    97 Total Sales

    Bing and Sanchez Team
    Section Image
  • Fred Hoang

    Buyer's Agent in 2023

    Fred Hoang

    The Minuteman Realty Group

    (781) 996-2951

    2 in this area

    8 Total Sales

    Fred Hoang
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73087728

MLS Property Information Network (MLS PIN)

APN: SOME-000013-B000000-000005

Massachusetts Middlesex County Somerville 02144 Teele Square

15 Claremon St, Somerville, MA

Not Listed for Sale

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