$570,000
SOLD JUN 2, 2016

16 Spring St Unit 1 Somerville, MA 02143

Spring Hill Neighborhood
3 Beds
1 Bath
1,125 Sq Ft
1902 Built

Recently Sold

$507 Per Sq Ft

20% Above List Price

6 Days on Market

About This Home

As of May 2019

OPEN HOUSES: Saturday 5/14 12-2pm & Sunday 5/15 12-2pm - same time both days!!! Rare-to-market Somerville 3 bedroom / 1 bath condo in prime location. Set on a lovely side street in Spring Hill - close to both Porter & Union Squares - the home offers an open kitchen/dining/living areas with unusually high ceilings. Open kitchen boasts a large, center island, and excellent storage PLUS sliders to back deck and common, side yard. Central air, in-unit laundry, 3 good-sized bedrooms. Unfinished basement is accessible from unit's living room and is Unit 1's exclusive use area (nearly additional 1100 sq ft including covered rear porch). Close to Union & Porter Squares along with a short distance to Kirkland Village/Harvard University. Convenient to Red Line T/multiple bus lines including Kendall & Lechmere, local shops and restaurants. Tenants in property, paying below market rent $2700/mo - showings may be limited. Offers due Tuesday, May 17th at 12pm.

Last Agent to Sell the Property

The Rasner Group

Keller Williams Realty Boston-Metro | Back Bay Listed on: 05/12/2016

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Ilya Rasner

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,503

Year Built

1902

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Front, Back
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1902

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Hardwood
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Unit Features: Porch, Deck, Fenced Yard

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance
  • Management: Owner Association
  • No Units: 2
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:44 B:A L:19 U:1
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 13, 2019
Sold by
Huang Wei and Huang Luwen
Bought by
Pomeroy Stephen L
Seller's Agent
Lisa Godwin
Gibson Sotheby's International Realty
Buyer's Agent
Jaclyn Kryzak
Labrava Realty, LLC
List Price
$599,000
Sold Price
$607,500
Premium/Discount to List
$8,500
1.42%
Current Estimated Value
$885,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,474
Avg. Annual Appreciation
6.82%
Original Mortgage
$486,000
Outstanding Balance
$427,342
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$498,071

Purchase Details

Closed on
Mar 5, 2019
Sold by
Huang Wei
Bought by
Huang Luwen and Huang Wei

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 2, 2016
Sold by
Dubendris Michael P
Bought by
Huang Wei
Seller's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Ilya Rasner
Keller Williams Realty Boston-Metro | Back Bay
List Price
$474,900
Sold Price
$570,000
Premium/Discount to List
$95,100
20.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Jul 10, 2012
Closed on
Sep 14, 2012
Sold by
Spring Street Rt
Bought by
Dubendris Michael P
Seller's Agent
Aaron Parlee
Horizon Capital Realty
Buyer's Agent
Michael Burak
Keller Williams Realty Boston Northwest
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$346,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2011
Sold by
Wells Fargo Bank Na
Bought by
Spring Street Rt

Purchase Details

Closed on
Feb 23, 2011
Sold by
Nunes Maicom
Bought by
Wells Fargo Bk

Purchase Details

Closed on
Jan 3, 2008
Sold by
Monkiewicz Timothy
Bought by
Nunes Maicom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Warranty Deed $607,500 --
Condominium Deed -- --
Not Resolvable $570,000 --
Warranty Deed $365,000 --
Warranty Deed $225,000 --
Warranty Deed $272,912 --
Warranty Deed $510,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,000 New Conventional
Previous Owner $346,750 New Conventional
Previous Owner $50,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $607,500 +1.4% $540 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $599,000 +5.1% $532 / Sq Ft
06/02/2016 06/02/16 Sold $570,000 +20.0% $507 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $474,900 +30.1% $422 / Sq Ft
09/14/2012 09/14/12 Sold $365,000 -3.7% $324 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $379,000 -- $337 / Sq Ft
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 $8,503 $779,400 $0 $779,400
2024 $8,033 $763,600 $0 $763,600
2023 $6,019 $582,100 $0 $582,100
2022 $5,700 $559,900 $0 $559,900
2021 $5,581 $547,700 $0 $547,700
2020 $5,347 $529,900 $0 $529,900
2019 $5,523 $513,300 $0 $513,300
2018 $5,859 $518,000 $0 $518,000
2017 $5,109 $437,800 $0 $437,800
2016 $5,707 $455,500 $0 $455,500
2015 $5,185 $411,200 $0 $411,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Godwin

    Seller's Agent in 2019

    Lisa Godwin

    Gibson Sothebys International Realty

    (617) 686-0405

    2 in this area

    47 Total Sales

    Lisa Godwin
    Section Image
  • Dawn Felicani

    Seller Co-Listing Agent in 2019

    Dawn Felicani

    Gibson Sothebys International Realty

    (781) 820-8096

    4 in this area

    59 Total Sales

    Dawn Felicani
    Section Image
  • Jaclyn Kryzak

    Buyer's Agent in 2019

    Jaclyn Kryzak

    Labrava Realty, LLC

    (617) 775-4341

    14 Total Sales

    Jaclyn Kryzak
    Section Image

  • T

    Seller's Agent in 2016

    The Rasner Group

    Keller Williams Realty Boston-Metro | Back Bay

    (904) 687-8456

    5 in this area

    153 Total Sales

    The Rasner Group
    Section Image
  • Ilya Rasner

    Buyer's Agent in 2016

    Ilya Rasner

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 823-9780

    4 in this area

    74 Total Sales

    Ilya Rasner
    Section Image
  • Aaron Parlee

    Seller's Agent in 2012

    Aaron Parlee

    Horizon Capital Realty

    (617) 840-6095

    1 in this area

    17 Total Sales

    Aaron Parlee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72004270

MLS Property Information Network (MLS PIN)

APN: SOME-000044-A000000-000019-000001

Massachusetts Middlesex County Somerville 02143 Spring Hill

16 Spring St Unit 1, Somerville, MA

This home is located at 16 Spring St Unit 1, Somerville, MA 02143 and is currently priced at $570,000, approximately $506 per square foot. This property was built in 1902. 16 Spring St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa 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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