$398,000
SOLD MAR 1, 2013

163 Elm St Unit 2 Somerville, MA 02144

Porter Square Neighborhood
2 Beds
1 Bath
758 Sq Ft
1885 Built

Recently Sold

$525 Per Sq Ft

3% Below List Price

19 Days on Market

About This Home

As of March 2014

Location is everything for this spacious 2-Bedroom unit close to both Davis and Porter Squares and the T. Renovated in 2008, unit has many classic features and lots of natural light. . Kitchen has SS appliances, granite counters and roomy breakfast bar that opens to Living Room. Extra large Master Bedroom and good size 2nd bedroom. HW floors throughout. Easy T access. Central Air. In-Unit Laundry. Basement Storage. Walk score of 97!

Last Agent to Sell the Property

Ann Kirby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 01/09/2013

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Ryan Persac

The Persac Group, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,873

Year Built

1885

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1885

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station
  • Electric: Circuit Breakers
  • Energy: Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Window(s) - Bay/Bow/Box, Flooring - Hardwood, Closet

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: 161-163 Elm St. Condominium
  • Association Fee Includes: Master Insurance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: 2

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
$779,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,846
Avg. Annual Appreciation
5.17%

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $435,000 --
Not Resolvable $398,000 --
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $358,200 New Conventional
Previous Owner $356,250 Purchase Money Mortgage
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

    14 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

    1 Total Sale

    Ann Kirby
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71470427

MLS Property Information Network (MLS PIN)

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

Massachusetts Middlesex County Somerville 02140 Porter Square

163 Elm St Unit 2, Somerville, MA

This home is located at 163 Elm St Unit 2, Somerville, MA 02144 and is currently priced at $398,000, approximately $525 per square foot. This property was built in 1885. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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