NOT LISTED FOR SALE

161 Elm St Unit 1-1A Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $953,000 - $1,101,000

2 Beds
3 Baths
1,187 Sq Ft
1885 Built

Last Sold November 10, 2020

Last sale price $799,000 $673 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,165/month

5 Days on Market

Highlights

  • Intercom
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Somerville High School Rated A-

About This Home

As of November 2020

A TWO FOR ONE! Welcome to your Oasis! A superbly located pristine Condo in 2 units,steps to Davis & Porter SQ's. A “walkers’ paradise” with a walk score of 97 ! A truly unique & beautiful home .The residential principal unit in the 6 unit association offers 2 beds, one & half baths together with an open plan style living room /dining area & kitchen w/ granite counters & s/s appliances. An in-unit laundry completes this high ceiling, light & airy condo with A/C & hwd flrs. Open the sliders to a sunny private fenced patio & THEN the Bonus free- standing building !! This Office offers an additional 2 rooms & full bath with it's own separate A/C. The larger room includes a wetbar area & opens to yet another further fenced private patio.This unit makes an ideal home office/ studio esp. during this era of remote work ! Additional Exclusive Use Area has been used by Owners to park their 2 CARS.Steps to Red line T,Commuter rail,incredible restaurants,bars,stores,it's really wonderful !

Last Agent to Sell the Property

Kevin Knightly

RE/MAX Real Estate Center Listed on: 09/23/2020

RE/MAX Real Estate Center

Last Buyer's Agent

Paige Yates

Coldwell Banker Realty - Weston

Coldwell Banker Realty - Weston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,201

Year Built

  • Built in 1885

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,201

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 673.88
  • Comp Based On: Net Sale Price
  • Year Built: 1885
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1-1A
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1885

Interior Features

  • Interior Amenities: Cable Available, Intercom, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Rooms: 6
  • Laundry Features: In Unit
  • No Living Levels: 1
  • Main Lo: BB9927
  • Main So: AN6181
  • Estimated Sq Ft: 1187.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Shingles
  • Exterior Unit Features: Patio - Enclosed, Fenced Yard

Garage/Parking

  • Parking Feature: Off-Street

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Walk/Jog Trails, Medical Facility, Bike Path, T-Station
  • HOA Fees: 173.71
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 161-163 Elm Street Condominium

Lot Info

  • Assessments: 733400.00
  • Page: 542
  • Zoning: RB

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 7400.00
  • Tax Year: 2020

Multi Family

  • No Units: 6
  • No Units Owner Occ: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2008
Sold by
161 & 163 Elm Llc
Bought by
Demakis Carrie
Current Estimated Value
$1,017,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Demakis Carrie $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowell Justin $740,000
Closed Demakis Timothy M $395,000
Closed Demakis Timothy M $409,000
Closed Demakis Carrie $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $799,000 -0.1% $673 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $799,900 -- $674 / 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 $9,201 $843,400 $0 $843,400
2024 $8,580 $815,600 $0 $815,600
2023 $8,363 $808,800 $0 $808,800
2022 $8,092 $794,900 $0 $794,900
2021 $7,846 $770,000 $0 $770,000
2020 $7,363 $729,700 $0 $729,700
2019 $7,778 $722,900 $0 $722,900
2018 $7,674 $678,500 $0 $678,500
2017 $6,742 $577,700 $0 $577,700
2016 $6,919 $552,200 $0 $552,200
2015 $6,219 $493,200 $0 $493,200
Source: Public Records

Agents Affiliated with this Home

  • Kevin Knightly

    Seller's Agent in 2020

    Kevin Knightly

    RE/MAX Real Estate Center

    (617) 968-3800

    2 in this area

    29 Total Sales

    Kevin Knightly
    Section Image
  • Paige Yates

    Buyer's Agent in 2020

    Paige Yates

    Coldwell Banker Realty - Weston

    (617) 733-9885

    1 in this area

    80 Total Sales

    Paige Yates
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72731380

MLS Property Information Network (MLS PIN)

APN: SOME-000025-F000000-000010-000161-1

Massachusetts Middlesex County Somerville 02140 Davis Square

161 Elm St Unit 1-1A, Somerville, MA

This home is located at 161 Elm St Unit 1-1A, Somerville, MA 02144 since 23 September 2020 and is currently estimated at $1,017,116, approximately $856 per square foot. This property was built in 1885. 161 Elm St Unit 1-1A is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Cambridge Montessori School.

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