NOT LISTED FOR SALE

171 Cedar St Somerville, MA 02145

Estimated Value: $1,279,000 - $1,945,000

4 Beds
2 Baths
1,734 Sq Ft
$975/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $1,300,000 $750 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,803/month

19 Days on Market

About This Home

As of October 2018

Nearly 5,000 square foot corner lot on Cedar Street at the bike path: Lot contains a lovingly-maintained 2 family, owner occupied for decades. 2 car garage plus ample driveway parking. Huge yard. It is a 0.6 mile direct shot into Davis Square by the bike path, right outside the front door. Obvious development potential. Home could use updating, or seems completely livable today. PLEASE NOTE: Any offers must close ASAP/no later than November 6th. Any offers must allow lease back of 45 days for seller to vacate. Please make any offers good until 5pm on Sept 10. Do not walk property, knock or speak to occupants. SHOWINGS: Accompanied and by appointment only, call agent for appointment. Seller reserves right to accept offer at any time.

Last Listed By

Doug McGregor

CPG Advisory Services Listed on: 09/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,106

Year Built

  • Built in 1886

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 B:F L:1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,106

Year Built

Built in 1886

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 605.54
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1886
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1886

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Main Lo: AN3412
  • Main So: AN3412
  • Estimated Sq Ft: 1734.00

Exterior Features

  • Foundation: Brick

Garage/Parking

  • Parking Spaces: 5
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses

Lot Info

  • Assessments: 576200.00
  • Acre: 0.11
  • Lot Size: 4963.00
  • Page: 25
  • Parcel Number: M:33 B:F L:1
  • Zoning: BB
  • Lot Description: Corner

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6517.00
  • Assessor Parcel Number: 752044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2010
Sold by
Hazelton Paul W
Bought by
Hazelton Paul W and Hazelton Gail
Total Days on Market
19
Current Estimated Value
$1,691,333

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
Hazelton Paul W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 171 Cedar St Llc $3,600,000
Closed 171 Cedar Street Llc $250,000
Closed 171 Cedar Street Llc $250,000
Closed 171 Cedar Street Llc $2,775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $1,300,000 +23.8% $750 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
08/25/2018 08/25/18 For Sale $1,050,000 -- $606 / 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 $5,106 $468,000 $468,000 $0
2024 $4,923 $468,000 $468,000 $0
2023 $4,839 $468,000 $468,000 $0
2022 $6,612 $649,500 $495,500 $154,000
2021 $6,793 $666,600 $471,900 $194,700
2020 $7,151 $708,700 $453,800 $254,900
2019 $6,779 $630,000 $394,600 $235,400
2018 $6,517 $576,200 $358,700 $217,500
2017 $6,290 $539,000 $338,400 $200,600
2016 $6,291 $502,100 $309,500 $192,600
2015 $6,294 $499,100 $307,900 $191,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72387227

MLS Property Information Network (MLS PIN)

APN: SOME-000033-F000000-000001