NOT LISTED FOR SALE

Estimated Value: $941,278 - $1,192,000

4 Beds
2 Baths
1,964 Sq Ft
$523/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $447,000 $228 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $6,238/month

80 Days on Market

About This Home

As of January 2014

Looking for a GREAT location?! DON'T MISS OUT on this fantastic opportunity to own a SIZABLE two unit multi-family in SOMERVILLE, a rich mixture of shops, restaurants, bars, and coffee shops. LOT'S OF PUBLIC TRANSPORTATION OPTIONS & a proposed GILMAN SQ GREEN LINE STOP just steps away! With over 1900 SF of living area this HOME features hardwood floors, original details & lot's of updates. UNIT#2 includes 2 levels of living SPACE and 3 GOOD SIZE bedrooms. ENDLESS opportunities for owner occupants, developers or investors. Due to overwhelming demand we will hold two more group showings: Monday, September 30th, from 4-5pm & Tuesday, October 1st, from 2-2:30pm.Offers due October 1st, 2013 at 6pm.

Last Agent to Sell the Property

Erica Covelle

Compass Listed on: 09/25/2013

Compass

Last Buyer's Agent

Dino Confalone

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,678

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Flooring: Wood, Tile
  • Basement: Full, Walk Out, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Porch - Enclosed, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range

Schools

  • High School: Somerville High

Lot Info

  • Assessor Parcel Number: 78-B-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Jan 13, 2014
Sold by
Tabor Kelly R and Loucks Kelly R
Bought by
Gleason Benjamin P and Thomason Catherine E
Seller's Agent
Erica Covelle
Compass
Buyer's Agent
Dino Confalone
Gibson Sotheby's International Realty
List Price
$399,900
Sold Price
$447,000
Premium/Discount to List
$47,100
11.78%
Current Estimated Value
$1,027,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,320
Avg. Annual Appreciation
6.78%
Original Mortgage
$424,650
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Tabor Jacob R
Bought by
Tabor Jacob R and Loucks Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,520
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2008
Sold by
Bonello Margaret and Bonello Mario M
Bought by
Tabor Jacob R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,725
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Gleason Benjamin P $447,000 --
Tabor Jacob R -- --
Tabor Jacob R $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason Benjamin P $375,000
Closed Gleason Benjamin P $416,000
Closed Tabor Jacob R $424,650
Previous Owner Tabor Jacob R $318,794
Previous Owner Tabor Jacob R $324,520
Previous Owner Tabor Jacob R $319,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2014 01/13/14 Sold $447,000 +11.8% $228 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $399,900 -- $204 / 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 $7,678 $703,800 $316,000 $387,800
2024 $7,331 $696,900 $316,000 $380,900
2023 $7,393 $715,000 $316,000 $399,000
2022 $6,967 $684,400 $300,900 $383,500
2021 $6,611 $648,800 $286,600 $362,200
2020 $6,220 $616,500 $275,600 $340,900
2019 $5,663 $526,300 $233,900 $292,400
2018 $5,514 $487,500 $225,600 $261,900
2017 $5,393 $462,100 $210,400 $251,700
2016 $5,321 $424,700 $181,900 $242,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71588577

MLS Property Information Network (MLS PIN)

APN: SOME-000078-B000000-000027