NOT LISTED FOR SALE

Estimated Value: $1,016,000 - $1,320,434

8 Beds
2 Baths
2,254 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $950,000 $421 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,258/month

129 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Somerville High School Rated A-
  • Fenced Yard
  • 4-minute walk to Symphony Park

About This Home

As of October 2018

This is a TURNKEY Two Family in upwardly trending East Somerville. Two FOUR-BEDROOM apartments with current rents of $2950 (1st fl.) and $3300 (2nd fl.) leased until 8-31-18. New tenants 9-18 to 9-19 are already in place at rents of $3100 and $3400/month. Tenants are responsible for all utility costs, including the water/sewer costs which have been separately metered (see pic). RENOVATED IN 2014, updates include new kitchens with granite counters, new white shaker cabinets and new appliances. Bathrooms have new subway tile shower/tub walls and fixtures. Hardwood floors, fresh paint, updates systems, maintenance free exterior and good tenants in place all make this a smart decision. The property is on a MASTER KEY system and tenants direct deposit their rent. The exterior has curb appeal & offers a large driveway w/off street pkg. Located close to lower Broadway with its many fine restaurants and shops, the Orange Line T & Assembly Row.

Last Agent to Sell the Property

John

RCG Properties Listed on: 05/06/2018

Last Buyer's Agent

Emmanuel Paul

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,459

Year Built

  • Built in 1900

Lot Details

  • 3,049

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Wood Flooring
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 91-A-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 434.74
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: NB2011
  • Main So: NB3534
  • Estimated Sq Ft: 2254.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Patio, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship

Schools

  • Elementary School: Benjamin Brown
  • Middle School: Arganziano
  • High School: Somerville High

Lot Info

  • Assessments: 328600.00
  • Acre: 0.07
  • Lot Size: 2910.00
  • Page: 216
  • Parcel Number: 91-A-26
  • Zoning: RB
  • Lot Description: Corner, Cleared, Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 5975
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4144.00
  • Assessor Parcel Number: 759994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 3, 2013
Sold by
Chanawatr Vorapong
Bought by
Rcg Llc
Seller's Agent
Albert Tu
Thread Real Estate, LLC
Buyer's Agent
John
RCG Properties
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Current Estimated Value
$1,188,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,859
Avg. Annual Appreciation
9.44%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Santos Luis A
Bought by
Chanwatr Vorapong and Chanawatr Vorapong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2006
Sold by
Dasilva Vilson M
Bought by
Santos Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Phillips Louis R
Bought by
Dasilva Vilson M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Armstrong James T and Armstrong Louis M
Bought by
Phillips Louis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
Rcg Llc $400,000 --
Chanwatr Vorapong $300,000 --
Santos Luis A $470,000 --
Dasilva Vilson M $390,000 --
Phillips Louis R $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rcg Llc $300,000
Previous Owner Chanwatr Vorapong $225,000
Previous Owner Santos Luis A $376,000
Previous Owner Dasilva Vilson M $312,000
Previous Owner Phillips Louis R $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $950,000 -3.1% $421 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $979,900 +3.1% $435 / Sq Ft
07/31/2018 07/31/18 Off Market $950,000 -- --
07/18/2018 07/18/18 Price Changed $979,900 -2.0% $435 / Sq Ft
05/06/2018 05/06/18 For Sale $999,900 +150.0% $444 / Sq Ft
09/03/2013 09/03/13 Sold $400,000 +0.3% $177 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $399,000 -- $177 / 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 $11,459 $1,050,300 $371,400 $678,900
2024 $10,639 $1,011,300 $371,400 $639,900
2023 $10,342 $1,000,200 $371,400 $628,800
2022 $9,662 $949,100 $353,700 $595,400
2021 $9,169 $899,800 $348,900 $550,900
2020 $8,635 $855,800 $335,500 $520,300
2019 $7,250 $673,800 $278,300 $395,500
2018 $6,396 $565,500 $222,500 $343,000
2017 $6,124 $524,800 $210,000 $314,800
2016 $5,645 $450,500 $147,500 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72328415

MLS Property Information Network (MLS PIN)

APN: SOME-000091-A000000-000026