NOT LISTED FOR SALE

163 Elm St Unit 2 Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $758,000 - $842,000

2 Beds
1 Bath
758 Sq Ft
2008 Built

Last Sold March 07, 2014

Last sale price $435,000 $574 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,100/month

13 Days on Market

About This Home

As of March 2014

Recently renovated 2bd/1ba condo equidistant (7-min walk) to both Porter & Davis Square T-stops! This 2nd floor home has a modern stainless/granite kitchen with gas stove and ample storage. A huge Master Bedroom with tons of closet space. The 2nd bedroom gets great natural light and overlooks a rear courtyard. Hardwood floors throughout, Central Air, In-Unit Laundry and Basement Storage make this a must-see property! Walking distance to the very best Cambridge & Somerville has to offer such as top-rated restaurants, cozy coffee shops, live music venues, supermarkets, health clubs, trendy bars and bike/jogging paths. At seller's request all showings start at 3 holiday weekend open houses: Saturday 2/15 & Sunday 2/16 12:30-2pm and Monday 2/17 from 12-1pm. Offers, if any, will be review on Monday 2/17 at 5pm.

Last Agent to Sell the Property

Ryan Persac

The Persac Group, LLC Listed on: 02/12/2014

Last Buyer's Agent

Michael Albiani

Albiani Properties

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 7, 2014
Sold by
Stark Brian E
Bought by
Chopra Gautam
Seller's Agent
Ryan Persac
The Persac Group, LLC
Buyer's Agent
Michael Albiani
Albiani Properties
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$797,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,817
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
Jan 9, 2013
Closed on
Mar 1, 2013
Sold by
Scott David and Scott Alana
Bought by
Stark Brian E
Seller's Agent
Ann Kirby
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Ryan Persac
The Persac Group, LLC
List Price
$410,000
Sold Price
$398,000
Premium/Discount to List
-$12,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$358,200
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
161 & 163 Elm Llc
Bought by
Scott Alana and Scott David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5%
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
Chopra Gautam $435,000 --
Stark Brian E $398,000 --
Scott Alana $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stark Brian E $358,200
Previous Owner Scott David $350,000
Previous Owner Scott Alana $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $435,000 0.0% $574 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/19/2014 02/19/14 Off Market $435,000 -- --
02/12/2014 02/12/14 For Sale $425,000 +6.8% $561 / Sq Ft
03/01/2013 03/01/13 Sold $398,000 -2.9% $525 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $410,000 -- $541 / 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 $7,873 $721,600 $0 $721,600
2024 $7,336 $697,300 $0 $697,300
2023 $7,148 $691,300 $0 $691,300
2022 $6,913 $679,100 $0 $679,100
2021 $6,698 $657,300 $0 $657,300
2020 $6,278 $622,200 $0 $622,200
2019 $6,629 $616,100 $0 $616,100
2018 $6,346 $561,100 $0 $561,100
2017 $5,633 $482,700 $0 $482,700
2016 $4,978 $397,300 $0 $397,300
2015 $4,983 $395,200 $0 $395,200
Source: Public Records

Agents Affiliated with this Home

  • Ryan Persac

    Seller's Agent in 2014

    Ryan Persac

    The Persac Group, LLC

    (617) 223-1821

    4 Total Sales

    Ryan Persac
    Section Image

  • M

    Buyer's Agent in 2014

    Michael Albiani

    Albiani Properties

  • A

    Seller's Agent in 2013

    Ann Kirby

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 666-2121

    Ann Kirby
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71633037

MLS Property Information Network (MLS PIN)

APN: SOME-000025-F000000-000010-000163-2

Massachusetts Middlesex County Somerville 02140 Davis Square

163 Elm St Unit 2, Somerville, MA

This home is located at 163 Elm St Unit 2, Somerville, MA 02144 since 12 February 2014 and is currently estimated at $797,817, approximately $1,052 per square foot. This property was built in 2008. 163 Elm St Unit 2 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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