NOT LISTED FOR SALE

Estimated Value: $1,886,000 - $2,189,616

12 Beds
6 Baths
4,518 Sq Ft
$451/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $1,625,000 $360 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,006/month

21 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • 3-minute walk to Conway Park
  • Somerville High School Rated A-

About This Home

As of February 2021

Attention investors! This multi family of 3 generates $104,460 gross yearly income. 3 active annual tenants through September 2021. This rare 3-4 bedrooms 2 full baths spacious units with high ceilings is one of a kind. In close proximity to Porter Square, Union Square and Harvard University, this multi family is a great opportunity for investors and end users alike. Backyard can be converted to a 3 car parking lot. All separate boilers recently installed (approximately 2013,2018,2019). Each unit has been updated sequentially from 2017-summer 2020 before tenants moved in. Common laundry in basement with individual storage units. Lots of potential! Must see!

Last Agent to Sell the Property

Zena Freije

Barrett Sotheby's International Realty Listed on: 12/03/2020

Last Buyer's Agent

Sharon Tang

U3 Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,920

Additional Features

  • Wood Flooring
  • Enclosed Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:44 B:D L:15

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 387.34
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 21
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN6181
  • Main So: AN3022
  • Estimated Sq Ft: 4518.00

Exterior Features

  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Patio - Enclosed
  • Foundation: Poured Concrete

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 1

Condo/Co-op/Association

  • Hea Common: Steam

Lot Info

  • Assessments: 1367600.00
  • Acre: 0.09
  • Lot Size: 3825.00
  • Page: 319
  • Parcel Number: M:44 B:D L:15
  • Zoning: RB
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rms: 21
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 13799.00
  • Assessor Parcel Number: 754061
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 19, 2021
Sold by
Xie Gong W and Han Baoqing
Bought by
Zhao Enhao and Yao Y
Seller's Agent
Zena Freije
Barrett Sotheby's International Realty
Buyer's Agent
Sharon Tang
U3 Realty, LLC
List Price
$1,750,000
Sold Price
$1,625,000
Premium/Discount to List
-$125,000
-7.14%
Current Estimated Value
$2,039,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,654
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,121,150
Outstanding Balance
$998,685
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,040,969

Purchase Details

Closed on
Aug 6, 1997
Sold by
Carter Nicholas P and Fleming James W
Bought by
Xie Gong-Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1992
Sold by
Alberto Testa Ft
Bought by
Carter Nicholas P and Fleming James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Zhao Enhao $1,625,000 None Available
Xie Gong-Wei $325,000 --
Carter Nicholas P $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Enhao $1,121,150
Previous Owner Carter Nicholas P $25,000
Previous Owner Carter Nicholas P $308,750
Previous Owner Carter Nicholas P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $1,625,000 -7.1% $360 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
12/24/2020 12/24/20 For Sale $1,750,000 0.0% $387 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $1,750,000 -- $387 / 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 $16,850 $1,544,500 $607,000 $937,500
2024 $15,816 $1,503,400 $607,000 $896,400
2023 $15,440 $1,493,200 $607,000 $886,200
2022 $14,731 $1,447,100 $578,000 $869,100
2021 $14,152 $1,388,800 $550,500 $838,300
2020 $13,799 $1,367,600 $529,300 $838,300
2019 $12,868 $1,195,900 $460,300 $735,600
2018 $11,734 $1,037,500 $418,500 $619,000
2017 $11,465 $982,400 $394,800 $587,600
2016 $10,000 $798,100 $288,800 $509,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72763432

MLS Property Information Network (MLS PIN)

APN: SOME-000044-D000000-000015