NOT LISTED FOR SALE

Estimated Value: $1,405,000 - $1,960,000

0.15 Acre
$11,023,540 Price per Acre
6,487 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $1,600,000 $798 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,766/month

5 Days on Market

Highlights

  • 0.15 Acre Lot
  • Property is near public transit
  • Jogging Path
  • Somerville High School Rated A-
  • No HOA
  • 3-minute walk to Hoyt-Sullivan Playground

About This Lot

As of June 2024

Large single family home in Spring Hill in need of updating, or demolish and build new. Turn it into a special family home, or develop into two separate units. Oversized lot in a lovely neighborhood smack dab in the middle of the city. Nestled on a leafy side-street, right around the corner from the Somerville Community Path. Half a mile from Magoun Square and Gilman Square Green Line T stations, one mile from the Union Square Green Line T station. The Red Line T stations at Davis Square and Porter Square are also just a mile away. Oversized lot with surrounding yard and a two-car detached garage. In May 2024, the property will be cleared from an 18-month demolition delay which was imposed by the Somerville Historic Commission.OFFERS WILL BE REVIEWED BY THE SELLER ON MONDAY MAY 6 AT 12:00.

Last Agent to Sell the Property

David Shorey

Real Broker MA, LLC Listed on: 05/01/2024

Real Broker MA, LLC

Co-Listed By

Steve Rankin

Real Broker MA, LLC

Last Buyer's Agent

Hudson Santana

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,298

Lot Details

  • 6,487 Sq Ft Lot
  • Level Lot
  • Development of the land is complete

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 753648

Community Details

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$12,298

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN4866
  • MAIN SO: BB3298

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 753648
  • Zoning: Res
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Curbs & Gutters, Storm Drains, Sidewalks
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6487
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 17, 2024
Sold by
Dicarlo Leonard J
Bought by
Hudson Somerville Llc
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$1,450,000
Sold Price
$1,600,000
Premium/Discount to List
$150,000
10.34%
Views
8
Current Estimated Value
$1,653,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,531
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,200,000
Outstanding Balance
$1,182,070
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$471,461

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 20, 2024
Sold by
Pettit Michael T and Black Nicole L
Bought by
Dicarlo Leonard J
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$1,450,000
Sold Price
$1,600,000
Premium/Discount to List
$150,000
10.34%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,182,070
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$471,461

Purchase Details

Listed on
Feb 17, 2022
Closed on
May 16, 2022
Sold by
Dold Linda Est and Melanson
Bought by
Pettit Michael T and Black Nicole L
Seller's Agent
Patti Reilly Team
RE/MAX Real Estate Center
Buyer's Agent
Lisa Sheehan
Berkshire Hathaway HomeServices Robert Paul Properties
List Price
$950,000
Sold Price
$1,275,000
Premium/Discount to List
$325,000
34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$900,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1972
Bought by
Dold Robert F and Dold Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hudson Somerville Llc -- None Available
Hudson Somerville Llc -- None Available
Dicarlo Leonard J $1,600,000 None Available
Pettit Michael T $1,275,000 None Available
Pettit Michael T $1,275,000 None Available
Dold Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dicarlo Leonard J $1,200,000
Previous Owner Pettit Michael T $900,000
Previous Owner Dold Robert F $42,500
Previous Owner Dold Robert F $29,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $1,600,000 0.0% $798 / Sq Ft
06/21/2024 06/21/24 Sold $1,600,000 +10.3% $710 / Sq Ft View Prior Sale
05/07/2024 05/07/24 Pending -- -- --
05/07/2024 05/07/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,450,000 0.0% $723 / Sq Ft
05/01/2024 05/01/24 For Sale $1,450,000 +13.7% $644 / Sq Ft
05/16/2022 05/16/22 Sold $1,275,000 +34.2% $566 / Sq Ft View Prior Sale
03/03/2022 03/03/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $950,000 -- $422 / 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 $13,133 $1,203,800 $572,700 $631,100
2024 $12,298 $1,169,000 $572,700 $596,300
2023 $11,537 $1,115,800 $572,700 $543,100
2022 $10,367 $1,018,400 $545,400 $473,000
2021 $9,747 $956,500 $519,400 $437,100
2020 $9,156 $907,400 $499,400 $408,000
2019 $8,989 $835,400 $434,300 $401,100
2018 $8,498 $751,400 $394,800 $356,600
2017 $8,008 $686,200 $372,400 $313,800
2016 $7,772 $620,300 $340,600 $279,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73231459

MLS Property Information Network (MLS PIN)

APN: SOME-000042-C000000-000036