$695,000
SOLD JUL 22, 2016
2 Beds
1 Bath
1,197 Sq Ft
1903 Built

Recently Sold

$581 Per Sq Ft

9% Above List Price

7 Days on Market

About This Home

As of July 2016

Bright and airy two bedroom condo, with formal dining room, and large livingroom, leading to a spacious private covered porch. Located in between Porter and Davis Squares on Elm Street North with a Walkscore of 95. Surrounded by beautiful common gardens, with patios, sitting decks, and mature plantings. Large eat in kitchen with soapstone counters, and stainless steel appliances. Newer water heater, and roof. Wholly owner occupied, well managed homeowners association with healthy reserves. Many period details remain, including high ceilings, antique fireplace cover and mantel, hardwood floors, archways, and a clawfoot soaking tub. Energy efficient replacement windows throughout. Right on the Somerville/Cambridge line with low Cambridge taxes, and nearby to some of the best of Somerville's amenities. Residents benefit from both Cambridge and Somerville residential parking permits. Do not wait! Make your new home today, in one of the most coveted and convenient areas of either city!

Last Agent to Sell the Property

Erik Hook

Compass License #449540363 Listed on: 05/31/2016

Last Buyer's Agent

Stephen Cafferky

People's Choice Realty & Management

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,424

Year Built

1903

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Private School, Public School, T-Station
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber, Asphalt/Composition Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Unit Features: Porch, Patio, Balcony, Garden Area, Gutters

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Window AC
  • Heating: Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Garden Area, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 22, 2016
Sold by
Einstein David J and Einstein Katherine L
Bought by
Yu Yue and Ren Ping
Seller's Agent
Erik Hook
Compass
Buyer's Agent
Stephen Cafferky
People's Choice Realty & Management
List Price
$639,000
Sold Price
$695,000
Premium/Discount to List
$56,000
8.76%
Current Estimated Value
$1,113,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,871
Avg. Annual Appreciation
4.94%
Original Mortgage
$549,600
Outstanding Balance
$444,885
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$628,418

Purchase Details

Closed on
Sep 23, 2014
Sold by
Einstein Katherine L
Bought by
Einstein David J and Einstein Katherine L

Purchase Details

Closed on
Aug 17, 2012
Sold by
Goldman Bruce and Goldman Cathy
Bought by
Einstein Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Kagay Chris R
Bought by
Goldman Bruce and Goldman Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,200
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Hodgson Andrea J and Hodgson Jonathan W
Bought by
Kagay Chris R and White Sarah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Darnall Erica R and Darnall Gregory M
Bought by
Hodgson Andrea J and Hodgson Jonathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2000
Sold by
Sweetland Daniel G
Bought by
Darnall Gregory M and Darnall Erica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,500
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $695,000 --
Warranty Deed -- --
Warranty Deed $475,000 --
Warranty Deed $451,500 --
Warranty Deed $465,000 --
Warranty Deed $385,000 --
Deed $293,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $338,000 New Conventional
Previous Owner $361,200 Purchase Money Mortgage
Previous Owner $82,000 No Value Available
Previous Owner $359,650 Purchase Money Mortgage
Previous Owner $82,100 No Value Available
Previous Owner $308,000 Purchase Money Mortgage
Previous Owner $264,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Rented $2,900 0.0% --
11/11/2020 11/11/20 Price Changed $2,900 -9.4% $2 / Sq Ft
09/29/2020 09/29/20 For Rent $3,200 0.0% --
07/22/2016 07/22/16 Sold $695,000 +8.8% $581 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $639,000 -- $534 / 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 $5,424 $854,200 $0 $854,200
2024 $5,056 $854,100 $0 $854,100
2023 $4,795 $818,200 $0 $818,200
2022 $4,776 $806,700 $0 $806,700
2021 $4,675 $799,100 $0 $799,100
2020 $4,441 $772,300 $0 $772,300
2019 $4,251 $715,600 $0 $715,600
2018 $4,125 $655,800 $0 $655,800
2017 $3,983 $613,700 $0 $613,700
2016 $3,890 $556,500 $0 $556,500
2015 $3,846 $491,800 $0 $491,800
2014 $3,781 $451,200 $0 $451,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72014244

MLS Property Information Network (MLS PIN)

APN: CAMB-000180-000000-000035-000002