NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,535,000

5 Beds
3 Baths
2,455 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $1,360,000 $554 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,654/month

9 Days on Market

Highlights

  • Property is near public transit
  • Victorian Architecture
  • Jogging Path
  • Somerville High School Rated A-
  • Corner Lot
  • 4-minute walk to Lexington Park

About This Home

As of June 2024

Two family Mansard Victorian on a beautiful Davis Square corner lot. The first floor unit has two bedrooms, living room, and a modern open concept kitchen-dining area with sliding doors to a private porch. The upper unit includes two floors with two bedrooms, open concept kitchen-living-dining area, and bath on the second floor and a Loft-Style space on the top floor with private bath, cathedral ceilings, skylights, exposed brick and sliding doors to a large roof deck. Driveway easily fits four cars. Full walkout basement with laundry. Stone's throw from bike bath and everything Davis Square has to offer! First floor is heated by gas and upper by oil. Leases expiring soon and tenants are all planning to move out. Tenants have been given notice.

Last Agent to Sell the Property

Dave Scott

Apartment Rental Experts LLC Listed on: 04/16/2024

Last Buyer's Agent

Dan Li

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,521

Year Built

  • Built in 1895

Lot Details

  • 3,133 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Victorian Architecture
  • Brick Foundation

Interior Spaces

  • 2,455 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $6,100
  • Assessor Parcel Number 750409

Community Details

Recreation

  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,521

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Architectural Style: Victorian, Other (See Remarks)
  • Year Built: 1895
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Living Area: 2455
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB9012
  • LIST PRICE PER Sq Ft: 568.23
  • PRICE PER Sq Ft: 553.97
  • MAIN SO: BB5522

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 750409
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3133
  • Lot Size Units: Acres
  • PAGE: 508
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13521
  • Tax Book Number: 84019

Multi Family

  • Gross Income: 73200
  • Net Operating Income: 73200
  • Number Of Units Total: 2
  • Total Actual Rent: 6100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • 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 1, 2014
Sold by
Appleton Jh Llc
Bought by
J4h Appleton Ret and Lichoulas
Current Estimated Value
$1,407,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Outstanding Balance
$406,939
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,000,135

Purchase Details

Listed on
Apr 9, 2012
Closed on
Dec 18, 2012
Sold by
Burrows Geoffrey M and Yeghiayan Arra D
Bought by
Appleton Jh Llc
Seller's Agent
John Buccelli
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Deborah Stein
Gibson Sotheby's International Realty
List Price
$798,000
Sold Price
$730,000
Premium/Discount to List
-$68,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Jul 27, 2012
Sold by
18 Appleton St Llc
Bought by
Yeghiayan Arra D and Burrows Geoffrey M

Purchase Details

Closed on
Dec 23, 2004
Sold by
Grtr Lynn Mental Healt
Bought by
Sturtevant Lisa C and Sturtevant Darren J

Purchase Details

Closed on
Feb 12, 2004
Sold by
Yeghiayan Arra D and Burrows Geoffrey M
Bought by
Eighteen Appleton Llc

Purchase Details

Closed on
Apr 3, 1989
Sold by
Schwartz James
Bought by
Burrows Geoffrey M

Purchase Details

Closed on
Jul 10, 1987
Sold by
Stanton William J
Bought by
Schwartz James
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
J4h Appleton Ret -- --
J4h Appleton Ret -- --
J4h Appleton Ret -- --
Appleton Jh Llc $730,000 --
Yeghiayan Arra D -- --
Yeghiayan Arra D -- --
Sturtevant Lisa C $315,000 --
Sturtevant Lisa C $315,000 --
Eighteen Appleton Llc -- --
Eighteen Appleton Llc -- --
Burrows Geoffrey M $259,900 --
Burrows Geoffrey M $259,900 --
Schwartz James $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J4h Appleton Ret $533,850
Closed Schwartz James $533,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $1,360,000 -2.5% $554 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $1,395,000 +91.1% $568 / Sq Ft
12/31/2012 12/31/12 Sold $730,000 -8.5% $306 / Sq Ft View Prior Sale
12/01/2012 12/01/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $798,000 -- $334 / 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 $14,327 $1,313,200 $669,800 $643,400
2024 $13,521 $1,285,300 $669,800 $615,500
2023 $13,227 $1,279,200 $669,800 $609,400
2022 $12,583 $1,236,100 $637,900 $598,200
2021 $11,951 $1,172,800 $633,300 $539,500
2020 $11,471 $1,136,900 $633,700 $503,200
2019 $10,869 $1,010,100 $576,800 $433,300
2018 $10,041 $887,800 $524,400 $363,400
2017 $9,884 $847,000 $494,800 $352,200
2016 $9,704 $774,500 $441,800 $332,700
2015 $9,234 $732,300 $408,000 $324,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73224485

MLS Property Information Network (MLS PIN)

APN: SOME-000024-K000000-000006