Seller's Agent in 2023
Carmen Maianu
Leading Edge Real Estate
(617) 682-9802
1 in this area
37 Total Sales
16 Knapp St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,434,000 - $1,823,000
6
Beds
4
Baths
3,048
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- City View
- Deck
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit and schools
- 3-minute walk to Quincy Street Open Space
About This Home
As of June 2023If you’re looking for a 3-family to enjoy the vibrancy of the city, while walking out to your own deck and privately fenced backyard, welcome to this well cared for gem in the heart of Union Square. Perfect for owner occupants & investors, it is move in ready has 6-bed, 4-bath, spacious living-dining combos, bonus rooms, driveway, separated utilities, shared laundry, essential updates, making city living comfortable right in Prospect Hill. Newly finished hardwood floors, 3 decks & roof, fresh interior painting, and new gas line. Use your creativity doing upgrades in unit 3, adding bedrooms, finishing the basement, adding a rooftop deck to enjoy city skyline. The home is on a community oriented, quiet street, yet a short distance to old and new favorites including Market Basket, Bow Market, Aeronaut Brewing and Gracies Ice Cream with essentials like the T-stop, numerous parks, shops, restaurants, Harvard & MIT. This modern and classic MF is available for the first time in 20 years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,323
Year Built
- Built in 1900
Lot Details
- 3,037 Sq Ft Lot
- Fenced
- Garden
Property Views
- City
- Scenic Vista
Home Design
- Triplex
- Manufactured Home on a slab
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,048 Sq Ft Home
- Insulated Windows
- Insulated Doors
- Attic Ventilator
Kitchen
- Built-In Oven
- Freezer
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Home Security
- Storm Windows
- Storm Doors
Parking
- 1 Car Parking Space
- Common or Shared Parking
- Tandem Parking
- Driveway
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Albert F. Argen Elementary And Middle School
- Somerville High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- 220 Volts
- 200+ Amp Service
- 110 Volts
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $7,400
- Rent includes unit 1(hot water), unit 2(hot water), unit 3(hot water)
- Assessor Parcel Number M:52 B:E L:3
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $350
- Insurance Expense $4,500
- Water Sewer Expense $2,000
- Operating Expense $9,500
- Net Operating Income $68,600
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2022
Sold by
16-18 Knapp Street Rt and Tamlin-Neville
Bought by
Stern Anna C and Danforth Christopher
Current Estimated Value
Purchase Details
Closed on
Apr 10, 2015
Sold by
Neville Emily T and Stern Herbert
Bought by
16-18 Knapp Street Rt and Neville
Purchase Details
Closed on
May 1, 2003
Sold by
Liu Yuehua and Wang Yong Jiang
Bought by
Neville Emily T and Neville Emily Tamlin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,300
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stern Anna C | -- | None Available | |
| 16-18 Knapp Street Rt | -- | -- | |
| Neville Emily T | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neville Emily T | $499,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $1,550,000 | +10.8% | $509 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | For Sale | $1,399,000 | -- | $459 / 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 | $16,064 | $1,472,400 | $561,200 | $911,200 |
| 2024 | $12,615 | $1,199,100 | $561,200 | $637,900 |
| 2023 | $12,323 | $1,191,800 | $561,200 | $630,600 |
| 2022 | $11,737 | $1,152,900 | $534,500 | $618,400 |
| 2021 | $11,265 | $1,105,500 | $509,000 | $596,500 |
| 2020 | $10,957 | $1,085,900 | $489,400 | $596,500 |
| 2019 | $10,211 | $949,000 | $425,600 | $523,400 |
| 2018 | $8,727 | $771,600 | $386,900 | $384,700 |
| 2017 | $8,521 | $730,200 | $365,000 | $365,200 |
| 2016 | $7,323 | $584,400 | $267,100 | $317,300 |
| 2015 | $7,043 | $558,500 | $265,600 | $292,900 |
Source: Public Records
Agents Affiliated with this Home
-
Carmen Maianu
-
Natasha Shetty
N
Seller Co-Listing Agent in 2023
Natasha Shetty
Leading Edge Real Estate
1 in this area
2 Total Sales
-
Yaxing Zhou
Y
Buyer's Agent in 2023
Yaxing Zhou
Dreamega International Realty LLC
1 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73103336
APN: SOME-000052-E000000-000003
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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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