NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,378,000

5 Beds
2 Baths
2,425 Sq Ft
$534/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $1,150,000 $474 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,026/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Cooling Available
  • Somerville High School Rated A-
  • Wood Flooring
  • Park

About This Home

As of April 2022

An exciting opportunity for an Owner-occupant or Investor to own a wonderful updated 2 -family home in the desirable Spring Hill neighborhood. The home has updated paint; front and rear porches; updated roof and gutters; foundation re-pointing; fenced yard.1st floor is light filled, boasting high ceilings; eat-in kitchen; living room; 2 bedrooms; foyer & indoor access to basement with own washer/dryer.2nd unit - is 2 floors offers 3 bedrooms; open floor plan offering lots of light; kitchen w/ stainless steel appliances; renovated bathroom; large family/living area on 3rd floor. One off street parking for 2nd unit. Large Unfinished basement with washer /dryer for each unit. Tree lined street convenient to public transportation and all the squares: Porter, Harvard, Union, and Davis.

Last Agent to Sell the Property

Robert Ellington

Better Homes and Gardens Real Estate - The Shanahan Group Listed on: 03/10/2022

Better Homes and Gardens Real Estate - The Shanahan Group

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,661

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 2,425 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Microwave
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,100
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:43 B:E L:16,753899

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Medical Services
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,661

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room,Office/Den), Unit 2 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator,Washer,Dryer), Unit 2(Microwave,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2425
  • Stories Total: 3
  • MAIN LO: AN0122
  • LIST PRICE PER Sq Ft: 535.67
  • PRICE PER Sq Ft: 474.23
  • MAIN SO: AN5498

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:43 B:E L:16,753899
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3244
  • PAGE: 41

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8661
  • Tax Book Number: 71461

Multi Family

  • Gross Income: 61200
  • Net Operating Income: 61200
  • Number Of Units Total: 2
  • Total Actual Rent: 5100
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2018
Sold by
Capobianco Alex and Capobianco Sarita
Bought by
Capobianco Matthew
Current Estimated Value
$1,294,113

Purchase Details

Closed on
Sep 12, 2005
Sold by
Sestito Frank A and Denise Sestito M
Bought by
Capobianco Alex and Capobianco Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Capobianco Matthew $350,000 --
Capobianco Alex $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Vu $36,355
Previous Owner Capobianco Matthew $406,500
Previous Owner Capobianco Matthew $382,000
Previous Owner Capobianco Alex $337,500
Previous Owner Capobianco Alessandro $67,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $1,150,000 -11.5% $474 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,299,000 -- $536 / 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 $11,703 $1,072,700 $460,100 $612,600
2024 $10,856 $1,031,900 $460,100 $571,800
2023 $9,553 $923,900 $460,100 $463,800
2022 $8,661 $850,800 $438,100 $412,700
2021 $8,143 $799,100 $417,300 $381,800
2020 $7,688 $761,900 $401,300 $360,600
2019 $7,323 $680,600 $348,900 $331,700
2018 $6,873 $607,700 $317,200 $290,500
2017 $6,603 $565,800 $299,200 $266,600
2016 $6,646 $530,400 $273,700 $256,700
2015 $6,644 $526,900 $272,200 $254,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72948730

MLS Property Information Network (MLS PIN)

APN: SOME-000043-E000000-000016