$1,018,000 - $1,352,279
RENTED FEB 7, 2025

16 Newbury St Unit 1 Somerville, MA 02144

Teele Square Neighborhood
3 Beds
1 Bath
800 Sq Ft
$1,490 Price per Sq Ft

Highlights

  • 9,999 Sq Ft lot
  • Property is near public transit
  • Fenced Yard
  • Somerville High School Rated A-
  • No HOA
  • 3-minute walk to Lou Ann David Park

About This Home

As of February 2025

This 3-bedroom, 1-bathroom home in Teele Square offers unbeatable value and an ideal location for city living. Recently updated with a modern bathroom and updated kitchen, this home provides the perfect blend of convenience and practicality. The unique layout is perfect for working from home, with plenty of space to set up an office. Enjoy the added perks of free laundry, off-street parking, and a well-sized yard. With easy access to highways and the 87 & 88 bus lines running along Broadway, you’ll have a quick commute to anywhere in the area. All of this is just minutes from local shops, restaurants, and public transportation, making it the perfect place to settle in. Don't miss out on this exceptional opportunity!

Last Agent to Rent the Property

Robert Lavey

Donnelly + Co. Listed on: 12/08/2024

Last Renter's Agent

Elizabeth O'Brien

Core Property Group, LLC

Core Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,990

Year Built

  • 1900

Lot Details

  • 9,999 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Parking Space

Home Design

  • 800 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Security Deposit $3,100
  • Rent includes water, trash collection, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 748781

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,990

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3100

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 1
  • Year Round: Yes
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building, In Unit
  • Living Area: 800
  • Spa YN: No
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 3.63
  • PRICE PER Sq Ft: 3.5
  • MAIN SO: AN6753

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, University
  • Rent Includes: Water, Trash Collection, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: 748781
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 1990
Sold by
Cunningham William F
Bought by
Falaise Marie R
Current Estimated Value
$1,191,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
10.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Falaise Marie R $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Falaise Marie R $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Rented $2,800 -3.4% --
01/31/2025 01/31/25 Under Contract -- -- --
12/31/2024 12/31/24 Price Changed $2,900 -6.5% $4 / Sq Ft
12/08/2024 12/08/24 For Rent $3,100 +19.2% --
04/10/2020 04/10/20 Rented $2,600 0.0% --
04/09/2020 04/09/20 Under Contract -- -- --
02/10/2020 02/10/20 For Rent $2,600 -- --
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 $11,990 $1,099,000 $626,600 $472,400
2024 $11,275 $1,071,800 $626,600 $445,200
2023 $11,003 $1,064,100 $626,600 $437,500
2022 $10,293 $1,011,100 $596,800 $414,300
2021 $9,810 $962,700 $579,400 $383,300
2020 $9,488 $940,300 $578,300 $362,000
2019 $8,746 $812,800 $479,800 $333,000
2018 $8,679 $767,400 $478,200 $289,200
2017 $8,362 $716,500 $451,100 $265,400
2016 $8,542 $681,700 $426,200 $255,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2025

    Robert Lavey

    Donnelly + Co.

    (617) 997-8685

    13 Total Sales

    Robert Lavey
    Section Image
  • Elizabeth O'Brien

    Tenant's Agent in 2025

    Elizabeth O'Brien

    Core Property Group, LLC

    (617) 640-7163

    11 Total Sales

    Elizabeth O'Brien
    Section Image

  • S

    Seller's Agent in 2020

    Steven Alexis

    Maureen Fiorelli Rlty Assoc Inc.

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73318458

MLS Property Information Network (MLS PIN)

APN: SOME-000013-A000000-000080

Massachusetts Middlesex County Somerville 02144 Teele Square

16 Newbury St Unit 1, Somerville, MA

This home is located at 16 Newbury St Unit 1, Somerville, MA 02144 since 08 December 2024 and is currently priced at $1,191,820. This property was built in 1900. 16 Newbury St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, International School of Boston, and Lesley Ellis 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.

Nearby Homes