NOT LISTED FOR SALE

16 Boston Ave Somerville, MA 02144

Ball Square Neighborhood

Estimated Value: $1,145,000 - $3,092,000

4 Beds
2 Baths
2,412 Sq Ft
$767/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $1,050,000 $435 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,996/month

4 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Park
  • Somerville High School Rated A-
  • Enclosed Patio or Porch
  • 4-minute walk to Lexington Park

About This Home

As of May 2022

Amazing opportunity for developers or contractors in the most desirable location of Somerville. Beautiful one way street between Davis, Ball, Porter Square and Tufts; just a block away from the bike path. Easy walk to the new Green Line Extension T stop. First floor has 5 rooms, 2 bedrooms, living and dining room with bay. Newer bath, hardwood floors, semi-modern kitchen with pantry. Dropped ceiling front/rear enclosed porches. 2nd floor has 6 rooms, 2 bedrooms, living and dining room with bay, hardwood floors, eat-in semi-modern kitchen with pantry. Panelling on walls. Dropped ceiling front room leads to unfinished attic and enclosed front porch. Enjoy all the amenities Somerville has to offer within a short walk to Davis and Ball Square's restaurants, coffee shops, bars, parks and more...PROPERTY WON`T QUALIFY FOR CONVENTIONAL FINANCING, ONLY CASH OR CONSTRUCTION LOAN.

Last Agent to Sell the Property

Nick Kondilis

Steve Bremis Realty Group Listed on: 02/18/2022

Last Buyer's Agent

Greg McCarthy

Riverfront REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,720

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,412 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 220 Volts
  • 60 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,000
  • Assessor Parcel Number 751139

Community Details

Recreation

  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,720

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.125
  • Buyer Agency Type: %
  • Transaction Broker: 2.125
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2412
  • Stories Total: 2
  • MAIN LO: AN5028
  • LIST PRICE PER Sq Ft: 406.26
  • PRICE PER Sq Ft: 435.32
  • MAIN SO: NB3861

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Electric: 220 Volts, Circuit Breakers, 60 Amps/Less
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Bike Path, House of Worship, Public School, T-Station, University

Lot Info

  • Parcel Number: 751139
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 2870
  • PAGE: 00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9719.86
  • Tax Book Number: 00

Multi Family

  • Gross Income: 12000
  • Net Operating Income: 12000
  • Number Of Units Total: 2
  • Total Actual Rent: 1000
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Guiliano Francis A
Bought by
Cochran Charles M
Current Estimated Value
$1,850,614
Source: Public Records

Range of Values:

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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
Cochran Charles M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $1,050,000 +7.2% $435 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $979,900 0.0% $406 / Sq Ft
03/15/2018 03/15/18 Rented $2,250 0.0% --
02/28/2018 02/28/18 Under Contract -- -- --
02/17/2018 02/17/18 Price Changed $2,250 +3.4% $2 / Sq Ft
02/16/2018 02/16/18 For Rent $2,175 -- --
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 $14,208 $1,302,300 $649,000 $653,300
2024 $11,333 $1,077,300 $649,000 $428,300
2023 $9,781 $945,900 $649,000 $296,900
2022 $9,720 $954,800 $618,100 $336,700
2021 $9,492 $931,500 $613,600 $317,900
2020 $9,213 $913,100 $614,000 $299,100
2019 $8,773 $815,300 $558,900 $256,400
2018 $8,204 $725,400 $508,100 $217,300
2017 $8,031 $688,200 $479,400 $208,800
2016 $7,747 $618,300 $428,100 $190,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nick Kondilis

    Steve Bremis Realty Group

    (617) 230-0215

    1 in this area

    4 Total Sales

    Nick Kondilis
    Section Image

  • G

    Buyer's Agent in 2022

    Greg McCarthy

    Riverfront REALTORS®

    Section Image

  • P

    Seller's Agent in 2018

    Peter Tzannos

    RE/MAX

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72944222

MLS Property Information Network (MLS PIN)

APN: SOME-000028-F000000-000011

Massachusetts Middlesex County Somerville 02144 Ball Square

16 Boston Ave, Somerville, MA

This home is located at 16 Boston Ave, Somerville, MA 02144 since 18 February 2022 and is currently estimated at $1,850,614, approximately $767 per square foot. This property was built in 1900. 16 Boston Ave is a home located in Middlesex County with nearby schools including Somerville High School and St. Clement Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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