NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $1,667,000

7 Beds
2 Baths
2,355 Sq Ft
$628/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $960,000 $408 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,911/month

103 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • 3-minute walk to Lou Ann David Park
  • Somerville High School Rated A-

About This Home

As of August 2018

This is a wonderful opportunity for an investor to buy a property between Tufts U & Davis Sq making this is a very desirable area w/a low vac'y rate. Units feature mostly painted walls & maple flrs thru out w/converted LR's currently used as BR's. Un 1 has a stnd kit w/a st. st. refr & gas stove, semi-mod bath, built in corner hutch, two 1st flr BR's plus a priv philly style 2nd flr BR. Un 2 is more mod w/a lrgr fully appl'd semi mod maple cab kit w/tiled flr, & Formica cntr & semi mod tiled bath w/a sliding glass tub door & mostly white fixtures. Top level has 3 large spacious BR's complimented by a sitting area. Both units have F&R porches, pantry halls, & access to a back yard & patio area. (Note: This house is located on the high side of the street & there is NO DRVWY) Units are leased til 5/31/18.

Last Agent to Sell the Property

The iBremis Team

LAER Realty Partners Listed on: 02/16/2018

LAER Realty Partners

Co-Listed By

Irene Bremis

LAER Realty Partners

Last Buyer's Agent

M&K Luxury Sales Team

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,836

Year Built

  • Built in 1900

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile

Additional Features

  • Enclosed Patio or Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:11 B:D L:17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,836

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 416.09
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Main Lo: B99271
  • Main So: AN2383
  • Estimated Sq Ft: 2355.00

Exterior Features

  • Construction: Frame, Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Vinyl
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Poured Concrete, Concrete Block
  • Foundation Size: 999

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 815500.00
  • Acre: 0.07
  • Lot Size: 3150.00
  • Page: 516
  • Parcel Number: M:11 B:D L:17
  • Zoning: RA
  • Lot Description: Scenic View(s)

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 2
  • Total Rent: 5600
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 9223.00
  • Assessor Parcel Number: 748482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Aug 3, 2018
Sold by
Huang Lawrence
Bought by
Monacelli Holly and Roberts Matthew R
Seller's Agent
The iBremis Team
LAER Realty Partners
Buyer's Agent
M&K Luxury Sales Team
Coldwell Banker Realty - Boston
List Price
$989,000
Sold Price
$960,000
Premium/Discount to List
-$29,000
-2.93%
Current Estimated Value
$1,479,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,187
Avg. Annual Appreciation
6.09%
Original Mortgage
$1,128,000
Outstanding Balance
$962,887
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$516,300

Purchase Details

Closed on
Aug 12, 2004
Sold by
Huang Chao Chao and Huang Lawrence
Bought by
Huang Lawrence

Purchase Details

Closed on
Jul 15, 1999
Sold by
Walsh Maureen M
Bought by
Kay Honey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
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
Monacelli Holly $960,000 --
Huang Lawrence -- --
Kay Honey B $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monacelli Holly $1,128,000
Previous Owner Kay Honey B $270,000
Previous Owner Kay Honey B $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $960,000 -2.0% $408 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $979,900 -0.9% $416 / Sq Ft
02/16/2018 02/16/18 For Sale $989,000 -- $420 / 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 $13,836 $1,268,200 $671,100 $597,100
2024 $13,230 $1,257,600 $671,100 $586,500
2023 $12,591 $1,217,700 $671,100 $546,600
2022 $11,855 $1,164,500 $639,200 $525,300
2021 $11,520 $1,130,500 $634,500 $496,000
2020 $10,674 $1,057,900 $634,900 $423,000
2019 $9,877 $917,900 $578,000 $339,900
2018 $9,223 $815,500 $525,500 $290,000
2017 $9,037 $774,400 $495,700 $278,700
2016 $8,722 $696,100 $442,700 $253,400
2015 $8,321 $659,900 $408,800 $251,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72282576

MLS Property Information Network (MLS PIN)

APN: SOME-000011-D000000-000017