M
Seller's Agent in 2015
Manuel Afonso
Ribeiro - Desousa Associate
5 Total Sales
16 Princeton St Somerville, MA 02144
Magoun Square NeighborhoodEstimated Value: $1,166,000 - $1,233,000
4
Beds
2
Baths
2,049
Sq Ft
$585/Sq Ft
Est. Value
About This Home
As of April 20152 family residence in excellent condition after renovation in 1989, after a fire. It is located near Lowell st and near the future train station of the Green Line extention. The 2nd floor has 3 bedrooms, 2 large with great closet space and the third is a little smaller. The kitchen and living room is an open space. There is a closed porch and 2 sky lights. The electric panels are circuit breakers and are located inside the apartments. The heating units are Weil McLain and gas fired. Driveway for 3 cars on one side and paved entertaining area on the other side of the building. The basement is finished with tile floor a bath and a kitchen. At least the stove in the basement will have to be removed prior to closing. Subject to Seller finding home of their choice.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$12,174
Year Built
1930
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Fenced/Enclosed
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1930
Interior Features
- Has Basement: Yes
- Number of Rooms: 8
- Amenities: Public Transportation, Walk/Jog Trails, Bike Path
- Electric: Circuit Breakers
- Flooring: Tile, Vinyl, Laminate, Parquet
- Basement: Full, Finished, Interior Access, Bulkhead
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch - Enclosed, Patio, Fenced Yard, Satellite Dish
- Foundation: Fieldstone, Brick
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 3
Utilities
- Heat Zones: 3
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2014
Closed on
Apr 30, 2015
Sold by
Ferreira Jose A and Ferreira Adelina
Bought by
Lay Christopher J and Paintal Surjeet K
Seller's Agent
Manuel Afonso
Ribeiro - Desousa Associate
Buyer's Agent
Lauren Holleran
Gibson Sotheby's International Realty
List Price
$729,000
Sold Price
$685,000
Premium/Discount to List
-$44,000
-6.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,277
Avg. Annual Appreciation
5.52%
Original Mortgage
$285,000
Outstanding Balance
$220,819
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$977,458
Purchase Details
Closed on
Jun 24, 1991
Sold by
Mahoney Michael F and Mahoney Gdn C T
Bought by
Ferreira Manuel A and Ferreira Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lay Christopher J | $685,000 | -- | |
| Ferreira Manuel A | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lay Christopher J | $285,000 | |
| Previous Owner | Ferreira Jose A | $125,000 | |
| Previous Owner | Ferreira Jose A | $75,500 | |
| Previous Owner | Ferreira Manuel A | $76,000 | |
| Previous Owner | Ferreira Manuel A | $153,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2015 04/30/15 | Sold | $685,000 | -6.0% | $334 / Sq Ft |
| 03/31/2015 03/31/15 | Pending | -- | -- | -- |
| 11/14/2014 11/14/14 | For Sale | $729,000 | -- | $356 / 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 | $12,174 | $1,115,900 | $512,200 | $603,700 |
| 2024 | $11,375 | $1,081,300 | $512,200 | $569,100 |
| 2023 | $11,078 | $1,071,400 | $512,200 | $559,200 |
| 2022 | $10,356 | $1,017,300 | $487,800 | $529,500 |
| 2021 | $9,726 | $954,500 | $464,600 | $489,900 |
| 2020 | $9,177 | $909,500 | $446,800 | $462,700 |
| 2019 | $8,760 | $814,100 | $388,500 | $425,600 |
| 2018 | $8,235 | $728,100 | $353,200 | $374,900 |
| 2017 | $7,904 | $677,300 | $333,200 | $344,100 |
| 2016 | $6,948 | $554,500 | $304,700 | $249,800 |
Source: Public Records
Agents Affiliated with this Home
-
Manuel Afonso
-
Lauren Holleran
Buyer's Agent in 2015
Lauren Holleran
Gibson Sothebys International Realty
(617) 913-2203
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71769117
APN: SOME-000034-A000000-000018
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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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