Seller's Agent in 2024
John Pentore
Horvath & Tremblay
(781) 484-8166
2 in this area
47 Total Sales
16 Crescent St Somerville, MA 02145
East Somerville Neighborhood
8
Beds
5
Baths
3,585
Sq Ft
4,791
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Tennis Courts
- Somerville High School Rated A-
- Community Pool
- 3-minute walk to Florence Playground
About This Home
As of November 2024The Property consists of a fully-leased, two-story building with three residential units consisting of one duplex 4-Bedroom/2-Bathroom unit, one 2-Bedroom/2-Bathroom unit, and one 2-bedroom/1 bathroom unit. 16 Crescent Street is a turn-key Property with condo quality finishes. Units 16-1 and 16-2 feature new luxury vinyl plank flooring throughout, new kitchens with new cabinetry, quartz countertops, stainless steel appliances and new bathrooms with modern amenities. Unit 14 is a direct entry, duplex style unit featuring modern style finishes with new hardwood flooring. All units feature forced hot air heating systems as well as central air conditioning. The building is separately metered for heat, hot water and electricity which the tenants pay directly. The Property also features an on site laundry facility as well as a large backyard for tenants. The Property offers the rare opportunity to acquire an exceptionally well-located, fully renovated asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,710
Year Built
- Built in 1900
Parking
- 1 Car Parking Space
Home Design
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,585 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Additional Features
- 4,791 Sq Ft Lot
- Separate Meters
Listing and Financial Details
- Total Actual Rent $9,650
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 761376
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Operating Expense $25,323
- Net Operating Income $91,197
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2017
Sold by
Celata Paula T
Bought by
16 Crescent Street Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $1,012,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $1,500,000 | 0.0% | $418 / Sq Ft |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | For Sale | $1,500,000 | -- | $418 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,651 | $1,342,900 | $430,700 | $912,200 |
| 2024 | $13,710 | $1,303,200 | $430,700 | $872,500 |
| 2023 | $13,393 | $1,295,300 | $430,700 | $864,600 |
| 2022 | $12,817 | $1,259,000 | $410,200 | $848,800 |
| 2021 | $11,924 | $1,170,200 | $404,600 | $765,600 |
| 2020 | $11,130 | $1,103,100 | $389,100 | $714,000 |
| 2019 | $10,091 | $937,800 | $322,800 | $615,000 |
| 2018 | $7,223 | $638,600 | $258,100 | $380,500 |
| 2017 | $7,146 | $612,300 | $243,500 | $368,800 |
| 2016 | $6,506 | $519,200 | $171,100 | $348,100 |
Source: Public Records
Agents Affiliated with this Home
-
John Pentore
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73278166
APN: SOME-000105-D000000-000013
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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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