NOT LISTED FOR SALE

17 Ames St Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $1,434,000 - $2,382,686

9 Beds
3 Baths
3,468 Sq Ft
$555/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $1,175,000 $339 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,523/month

41 Days on Market

About This Home

As of October 2014

Easy and Lucrative Property To Manage with Huge Condo Conversion Upside - Legal three family on a quiet street near Magoun Square, Junction Park, and the future Lowell Street stop on the planned Green Line extension! Each unit has three bedrooms, one bathroom, a large living room, an EIK w/walk-in pantry, and large entryway (perfect for a small desk). Each unit features hardwood floors, decorative moldings, and built-in cabinets. There is tandem parking for two cars in the newly paved driveway as well as ample resident on-street parking. Each unit has storage in the basement, access to a shared yard, coin-op laundry in the basement, and a private rear porch. All three units are leased until August 31, 2015.

Last Agent to Sell the Property

John

RCG Properties Listed on: 07/24/2014

Last Buyer's Agent

Lenore Hill

Coldwell Banker Realty - Cambridge License #449522626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,208

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 3.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Exterior Features

  • Roof: Rubber
  • Exterior: Wood
  • Exterior Features: Porch, Porch - Enclosed, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Rented, Tandem, On Street Permit
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: 49-I-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2014
Closed on
Oct 3, 2014
Sold by
Rcg Ames Llc
Bought by
Swartz Michael W
Seller's Agent
John
RCG Properties
Buyer's Agent
Lenore Hill
Coldwell Banker Realty - Cambridge
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Current Estimated Value
$1,926,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,172
Avg. Annual Appreciation
4.60%
Original Mortgage
$881,250
Outstanding Balance
$679,732
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,246,440

Purchase Details

Closed on
Mar 1, 2012
Sold by
Weeks J C
Bought by
Rcg Ames Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1988
Sold by
Odoherty Gerard
Bought by
Sears Thayer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
10.17%
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 Buyer Sale Price Title Company
Swartz Michael W $1,175,000 --
Rcg Ames Llc $630,000 --
Sears Thayer D $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartz Michael W $881,250
Previous Owner Rcg Ames Llc $400,000
Previous Owner Weeks J Craig $146,500
Previous Owner Odoherty Gerard $210,000
Previous Owner Odoherty Gerard $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $1,175,000 -2.1% $339 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $1,200,000 -- $346 / 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 $16,208 $1,485,600 $454,700 $1,030,900
2024 $15,153 $1,440,400 $454,700 $985,700
2023 $14,777 $1,429,100 $454,700 $974,400
2022 $14,137 $1,388,700 $433,100 $955,600
2021 $14,714 $1,444,000 $412,500 $1,031,500
2020 $14,410 $1,428,100 $396,600 $1,031,500
2019 $13,363 $1,241,900 $336,700 $905,200
2018 $11,196 $989,900 $324,700 $665,200
2017 $10,903 $934,300 $302,800 $631,500
2016 $10,138 $809,100 $261,800 $547,300
2015 $8,120 $643,900 $233,500 $410,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John

    RCG Properties

    21 Total Sales

    John
    Section Image

  • L

    Buyer's Agent in 2014

    Lenore Hill

    Coldwell Banker Realty - Cambridge

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71718848

MLS Property Information Network (MLS PIN)

APN: SOME-000049-I000000-000010

Massachusetts Middlesex County Somerville 02145 Magoun Square

17 Ames St, Somerville, MA

This home is located at 17 Ames St, Somerville, MA 02145 since 24 July 2014 and is currently estimated at $1,926,172, approximately $555 per square foot. This property was built in 1900. 17 Ames St is a home located in Middlesex County with nearby schools including Somerville High School and Bright Future Educare Center.

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