161 Elm St Unit 3 Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $714,000 - $852,162
2
Beds
1
Bath
735
Sq Ft
$114/mo
HOA Fee
Highlights
- Wood Flooring
- Somerville High School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of January 2021Dramatic, modern and light-filled penthouse condo in Davis Square! This spectacular home offers jaw-dropping vaulted ceilings, sky-filled views, and a well-proportioned use of space. It features hardwood flooring, skylights, and a smart floor plan with both open and private spaces that’s ideal for city living. Enjoy a newly updated galley kitchen with an overhanging countertop that accommodates 4 stools, for the perfect way to stay connected while cooking and entertaining. Both bedrooms have large closets, and the main bedroom includes a glass door out to a private deck for watching the neighborhood. Other notable features include in-unit laundry, storage in the loft and in the basement, and a lovely shared landscaped yard. You can’t beat this location, just a stone’s throw from the dynamic shops, and restaurants, and just 1/2 mile to both the Davis Square and Porter Square red line MBTA stations. Rental parking from a neighbor in the association is available for $180/month.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,803
Year Built
- Built in 1885
HOA Fees
- $114 per month
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Individual Controls for Heating
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Wood Flooring
- Year Round Access
- Basement
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2020
Closed on
Dec 14, 2020
Sold by
Muresan Matthew C and Muresan Cristen S
Bought by
Piper Blair
Seller's Agent
The Denman Group
Compass
Buyer's Agent
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
List Price
$650,000
Sold Price
$710,000
Premium/Discount to List
$60,000
9.23%
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
$61,791
Avg. Annual Appreciation
1.90%
Original Mortgage
$639,000
Outstanding Balance
$574,214
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,577
Purchase Details
Closed on
Feb 27, 2009
Sold by
161 & 163 Elm Llc
Bought by
Muresan Matthew C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,850
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Piper Blair | $710,000 | None Available | |
| Muresan Matthew C | $381,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Piper Blair | $639,000 | |
| Previous Owner | Muresan Matthew C | $233,000 | |
| Previous Owner | Muresan Matthew C | $309,000 | |
| Previous Owner | Muresan Matthew C | $323,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Sold | $710,000 | +9.2% | $966 / Sq Ft |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $650,000 | -- | $884 / 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 | $7,803 | $715,200 | $0 | $715,200 |
| 2024 | $7,270 | $691,100 | $0 | $691,100 |
| 2023 | $7,084 | $685,100 | $0 | $685,100 |
| 2022 | $6,852 | $673,100 | $0 | $673,100 |
| 2021 | $6,639 | $651,500 | $0 | $651,500 |
| 2020 | $6,221 | $616,600 | $0 | $616,600 |
| 2019 | $6,570 | $610,600 | $0 | $610,600 |
| 2018 | $6,292 | $556,300 | $0 | $556,300 |
| 2017 | $5,579 | $478,100 | $0 | $478,100 |
| 2016 | $4,928 | $393,300 | $0 | $393,300 |
| 2015 | $4,923 | $390,400 | $0 | $390,400 |
Source: Public Records
Agents Affiliated with this Home
-
The Denman Group
Seller's Agent in 2021
The Denman Group
Compass
(617) 518-4570
5 in this area
670 Total Sales
-
Gail Roberts, Ed Feijo & Team
G
Buyer's Agent in 2021
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
(617) 844-2712
4 in this area
331 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72762170
APN: SOME-000025-F000000-000010-000161-3
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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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