NOT LISTED FOR SALE

Estimated Value: $1,405,000 - $1,636,000

6 Beds
3 Baths
2,679 Sq Ft
$570/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $1,320,000 $493 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,459/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 3-minute walk to Lexington Park
  • Somerville High School Rated A-
  • 1 Car Garage

About This Home

As of January 2022

Location! Location! Location! 3 family potential cash cow or condo conversion (delivered vacant) on quiet popular residential street. Approx 5 minutes to Porter or Davis Squares and 8 minutes to Ball Square and new Green Line T station. Rare oversized garage, great ceiling height in basement, newer roof, vinyl siding, hardwood floors, common area including front and back staircase, Cute back yard and back decks, Many electrical updates including new public panel and 3 new separate 100 amp panels. Group showings only: Monday 29th at 6pm, Tuesday 30th at noon, Wednesday 1st at 6pm, Thursday 2nd.at noon. Saturday and Sunday open houses 12-1:30. Please be on time on group showings. All are welcome! Seller to review all offers Tuesday Dec 7th at noon.

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 11/29/2021

Last Buyer's Agent

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 11/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,563

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,679 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,725
  • Assessor Parcel Number 751520

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,563

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2679
  • Stories Total: 6
  • MAIN LO: BB5745
  • LIST PRICE PER Sq Ft: 447.93
  • PRICE PER Sq Ft: 492.72
  • MAIN SO: BB5745

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: 751520
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3019
  • PAGE: 99

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10562.9
  • Tax Book Number: 99

Multi Family

  • Gross Income: 20700
  • Net Operating Income: 20700
  • Number Of Units Total: 3
  • Total Actual Rent: 1725
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 3, 2022
Sold by
Flynn John F and Flynn Elizabeth D
Bought by
Dai Liyi and Wang Helen
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
List Price
$1,200,000
Sold Price
$1,320,000
Premium/Discount to List
$120,000
10%
Current Estimated Value
$1,526,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,772
Avg. Annual Appreciation
3.12%
Original Mortgage
$970,000
Outstanding Balance
$897,623
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$578,510
Source: Public Records

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
Dai Liyi $1,320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dai Liyi $970,000
Previous Owner Flynn John F $238,000
Previous Owner Flynn John F $240,500
Previous Owner Flynn Elizabeth D $240,000
Previous Owner Flynn John F $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $1,320,000 +10.0% $493 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $1,200,000 -- $448 / 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 $13,675 $1,253,400 $660,800 $592,600
2024 $12,916 $1,227,800 $660,800 $567,000
2023 $11,638 $1,125,500 $660,800 $464,700
2022 $11,050 $1,085,500 $629,300 $456,200
2021 $10,563 $1,036,600 $624,700 $411,900
2020 $10,187 $1,009,600 $625,100 $384,500
2019 $9,693 $900,800 $569,100 $331,700
2018 $9,006 $796,300 $517,400 $278,900
2017 $8,853 $758,600 $488,100 $270,500
2016 $8,661 $691,200 $435,900 $255,300
2015 $8,215 $651,500 $402,500 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72923254

MLS Property Information Network (MLS PIN)

APN: SOME-000029-L000000-000018