161 Elm St Unit 1 Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $953,000 - $1,101,000
2
Beds
2
Baths
1,459
Sq Ft
$273/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Property is near public transit
- Somerville High School Rated A-
- Medical Services
- Wood Flooring
About This Home
As of August 2022Enjoy two levels of living, amazing private outdoor space, 1-car parking, and modern amenities in the thriving Davis Square neighborhood! This 2-bed, 2-bath condo features central air, a primary bedroom with ensuite bath, in-unit laundry, and plentiful storage. The first level features oak hardwood flooring, high ceilings, and large windows throughout. An inviting kitchen includes handsome wood cabinetry, granite counters and a sit-up counter that accommodates 3 stools, for the perfect way to stay connected. The central area includes an open dining room with sliding doors out to a surprisingly large patio and exclusive use yard. A finished lower-level flexes as a den or primary bedroom with two generous closets, an ensuite bathroom, and a laundry room. You can’t beat this location, just a stone’s throw from the exciting restaurants and shops, and only ½ mile to both the Davis Square and Porter Square red line MBTA stations.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,198
Year Built
- Built in 1885
HOA Fees
- $273 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,459 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Window Screens
- Laundry in Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom located in the basement
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Enclosed patio or porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Energy-Efficient Thermostat
- Security Fence
Listing and Financial Details
- Assessor Parcel Number 4727319
Community Details
Overview
- Association fees include insurance, ground maintenance, snow removal, reserve funds
- 6 Units
- Low-Rise Condominium
- 161 163 Elm Street Condominium Trust Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
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
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $925,000 | 0.0% | $634 / Sq Ft |
| 06/28/2022 06/28/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | For Sale | $925,000 | -- | $634 / 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 | $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
-
The Denman Group
Seller's Agent in 2022
The Denman Group
Compass
(617) 518-4570
5 in this area
670 Total Sales
-
Shawna Rosher Smith
Buyer's Agent in 2022
Shawna Rosher Smith
Flow Realty, Inc.
(617) 866-8765
2 in this area
111 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73000755
APN: SOME-000025-F000000-000010-000161-1
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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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