162 Albion St Somerville, MA 02144
Estimated Value: $1,611,000 - $2,155,148
6
Beds
3
Baths
3,399
Sq Ft
$546/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Somerville High School Rated A-
- 2-minute walk to Albion Park
About This Home
As of November 2019Developers take notice! A vacant triple decker in an excellent location! City of Somerville condo removal permits in hand, high quality architect plans in progress by well known local architect. Beautiful hardwood floors, gas cooking, enclosed back decks, vinyl siding, cute back yard. Three separate gas heating systems, circuit breakers, and rubber membrane roof. Driveway for two cars with potential to create parking in back yard. Reasonable walk to Porter, Davis and Ball Squares and easy access to the bike path. Seller to review all offers Tuesday August 27th at noon. Group showings: Tuesday August 20th at noon, Wednesday August 21st 6pm, Thursday August 22nd 6pm. Open house: Saturday 1:30-3 and Sunday 1:30-3.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,591
Year Built
- Built in 1910
Lot Details
- 3,485
Flooring
- Wood
- Tile
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2019
Closed on
Nov 13, 2019
Sold by
Hatfield Properties Llc
Bought by
162 Albion Street Llc
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Michael Cohen
Compass
List Price
$1,299,000
Sold Price
$1,425,000
Premium/Discount to List
$126,000
9.7%
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
$432,037
Avg. Annual Appreciation
3.52%
Original Mortgage
$825,000
Outstanding Balance
$740,376
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$988,890
Purchase Details
Closed on
Apr 1, 1998
Sold by
Pantanella Louis and Pantanella Barbara A
Bought by
Hatfield James and Wetzell Brett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
6.89%
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 |
|---|---|---|---|
| 162 Albion Street Llc | $1,425,000 | -- | |
| Hatfield James | $259,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 162 Albion Street Llc | $825,000 | |
| Previous Owner | Hatfield Properties Ll | $5,000,000 | |
| Previous Owner | Hatfield Properties Ll | $2,000,000 | |
| Previous Owner | Hatfield Props Llc | $6,084,000 | |
| Previous Owner | Hatfield Prop Llc | $4,600,000 | |
| Previous Owner | Hatfield James | $427,500 | |
| Previous Owner | Hatfield James | $50,000 | |
| Previous Owner | Hatfield James | $241,000 | |
| Previous Owner | Hatfield James | $233,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2019 11/15/19 | Sold | $1,425,000 | +9.7% | $419 / Sq Ft |
| 09/02/2019 09/02/19 | Pending | -- | -- | -- |
| 08/18/2019 08/18/19 | For Sale | $1,299,000 | -- | $382 / 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 | $17,591 | $1,612,400 | $600,900 | $1,011,500 |
| 2024 | $16,496 | $1,568,100 | $600,900 | $967,200 |
| 2023 | $16,570 | $1,602,500 | $600,900 | $1,001,600 |
| 2022 | $15,826 | $1,554,600 | $572,300 | $982,300 |
| 2021 | $14,539 | $1,426,800 | $545,000 | $881,800 |
| 2020 | $14,186 | $1,405,900 | $524,100 | $881,800 |
| 2019 | $13,230 | $1,229,600 | $455,700 | $773,900 |
| 2018 | $11,118 | $983,000 | $414,300 | $568,700 |
| 2017 | $10,861 | $930,700 | $390,800 | $539,900 |
| 2016 | $10,342 | $825,400 | $357,500 | $467,900 |
| 2015 | $9,929 | $787,400 | $355,500 | $431,900 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Marrion
Seller's Agent in 2019
Shane Marrion
Benoit Real Estate Group ,LLC
(617) 750-6378
4 in this area
83 Total Sales
-
Michael Cohen
Buyer's Agent in 2019
Michael Cohen
Compass
(617) 852-1160
5 in this area
56 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72551752
APN: SOME-000034-D000000-000005
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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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