NOT LISTED FOR SALE

165 Cedar St Unit 1 Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $1,054,000 - $1,094,000

2 Beds
2.5 Baths
1,803 Sq Ft
2021 Built

Sale Details

Date Sold: March 6, 2023

Last sale price $926,000 $514 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,830 / mo

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit and schools
  • Somerville High School Rated A-
  • Deck
  • 3-minute walk to Lexington Park

About This Home

As of March 2023

Introducing the Residences at 165 Cedar Street. This brand new two-level home is a lifestyle dream located adjacent to Somerville’s Community Bike Path and a short distance to Davis Square. You are first welcomed by abundant natural light that pours through oversized windows spanning the entire open space. The kitchen is equipped with high-end Bosch appliances, a built-in cabinet panel refrigerator, and a large kitchen island. Completing this level, there is a powder room and a private deck overlooking the bike path. The second level hosts a large primary bedroom featuring a large custom built-in closet, an additional private deck, an ensuite bathroom with a double vanity, and a spacious rainfall shower. Additionally, the second floor hosts a common bathroom with a soaking tub, an office, and a second bedroom. The building features a full security/intercom system, bike lockers, accessory storage lockers, and garage parking for compact cars at an additional cost.

Last Agent to Sell the Property

William Senne

Senne Listed on: 12/13/2022

Senne

Last Buyer's Agent

Liz & Ellie Real Estate

Compass

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Rubber Roof
  • Cement Board or Planked

Interior Spaces

  • 1,803 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Natural Gas Connected
  • Tankless Water Heater
  • Internet Available

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 752055

Community Details

Overview

  • Other Mandatory Fees include Reserve Funds
  • Association fees include electricity, insurance, maintenance structure, snow removal
  • 4 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Duplex
  • Year Built: 2021
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dishwasher,Range Hood,Range - ENERGY STAR,Oven - ENERGY STAR, Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Basement: N
  • Living Area: 1803
  • Stories Total: 2
  • MAIN LO: AN6753
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Conventional (2x4-2x6), Cement Board
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Available for Purchase

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • OPT FEE INCLUDES: Reserve Funds
  • MANAGEMENT: Owner Association, No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Electricity, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: 752055
  • Zoning: UR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Mar 6, 2023
Sold by
Fbc Cedar Street Llc
Bought by
Han Jie
Seller's Agent
William Senne
Senne
Buyer's Agent
Liz & Ellie Real Estate
Compass
List Price
$925,000
Sold Price
$926,000
Premium/Discount to List
$1,000
0.11%
Views
89
Current Estimated Value
$1,075,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,951
Avg. Annual Appreciation
4.83%
Original Mortgage
$740,800
Outstanding Balance
$713,407
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$362,544

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 24, 2023
Sold by
Cedar Street Dev Llc
Bought by
Fbc Cedar Street Llc
Seller's Agent
William Senne
Senne
Buyer's Agent
Liz & Ellie Real Estate
Compass
List Price
$925,000
Sold Price
$926,000
Premium/Discount to List
$1,000
0.11%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,800
Outstanding Balance
$713,407
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$362,544
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Han Jie $926,000 None Available
Fbc Cedar Street Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Han Jie $740,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $926,000 +0.1% $514 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $925,000 -- $513 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,378 $859,600 $0 $859,600
2024 $9,136 $868,400 $0 $868,400
Source: Public Records

Agents Affiliated with this Home

  • William Senne

    Seller's Agent in 2023

    William Senne

    Senne

    (617) 775-4655

    3 in this area

    113 Total Sales

    William Senne
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73064764

MLS Property Information Network (MLS PIN)

APN: SOME M:33 B:F L:12 U:1

Massachusetts Middlesex County Somerville 02144 Magoun Square

165 Cedar St Unit 1, Somerville, MA

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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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