Seller's Agent in 2025
Jason Saphire
www.HomeZu.com
(877) 249-5478
1 in this area
2,171 Total Sales
18 Bay State Ave Somerville, MA 02144
Ball Square Neighborhood
5
Beds
3
Baths
3,488
Sq Ft
3,772
Sq Ft Lot
Highlights
- Deck
- Property is near public transit
- Jogging Path
- Somerville High School Rated A-
- Wood Flooring
- 3-minute walk to Nathan Tufts Park
About This Home
As of May 2025Prime Investment Opportunity! Ideal for owner occupied with two additional rental incomes, condo conversion or property rental portfolio. This meticulously maintained Philadelphia-style three-family home on Bay State Ave is ideally situated steps to Ball Square, Davis Square, Tufts University and is within a 5-minute walk to the Green Line station. Parking for 3 cars. Fenced in landscaped yard. Hardwood floors throughout. Unit 1: 1 bedroom,1 bathroom, recently renovated kitchen and bath, in unit laundry room, and has mini split ac. Unit 2: 2-bedroom, 1 bathroom, office, open concept living and dining room, In unit laundry room, and mini split ac. Unit 3: 2 bedroom, 1 bath. Eat in kitchen, Laundry in basement. Don't miss out on this fantastic opportunity to own a versatile and income-generating property in a highly sought-after location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,176
Year Built
- Built in 1905
Lot Details
- 3,772 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,488 Sq Ft Home
- Insulated Windows
- Storm Doors
- Washer and Gas Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Parking
- Tandem Parking
- Driveway
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Brown Elementary School
- West Somerville Middle School
- Somerville High School
Utilities
- 2 Cooling Zones
- 3 Heating Zones
- 100 Amp Service
- 60 Amp Service
Listing and Financial Details
- Legal Lot and Block 16 / D
- Assessor Parcel Number 749752
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $4,500
- Water Sewer Expense $2,400
- Operating Expense $6,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2025
Sold by
Barad Matthew and Lawlor Kayla M
Bought by
Barad Matthew and Lawlor Kayla M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,150
Outstanding Balance
$1,248,150
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$692,559
Purchase Details
Listed on
Mar 7, 2025
Closed on
May 5, 2025
Sold by
Palmacci Ft and Palmacci
Bought by
Barad Matthew and Lawlor Kayla M
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Jean Mazareas
North Shore Realty
List Price
$1,995,000
Sold Price
$2,001,000
Premium/Discount to List
$6,000
0.3%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.67%
Original Mortgage
$1,600,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2023
Sold by
Palmacci Ernest E and Palmacci Patricia L
Bought by
Palmacci Ft and Palmacci
Purchase Details
Closed on
Jan 19, 1971
Bought by
Palmacci Ernest E and Palmacci Patricia L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $2,001,000 | None Available | |
| Quit Claim Deed | $2,001,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,248,150 | New Conventional | |
| Previous Owner | $1,600,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $2,001,000 | +0.3% | $574 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $1,995,000 | -- | $572 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $16,748 | $1,535,100 | $714,900 | $820,200 |
| 2024 | $15,775 | $1,499,500 | $714,900 | $784,600 |
| 2023 | $15,429 | $1,492,200 | $714,900 | $777,300 |
| 2022 | $14,698 | $1,443,800 | $680,800 | $763,000 |
| 2021 | $13,898 | $1,363,900 | $675,800 | $688,100 |
| 2020 | $13,300 | $1,318,100 | $676,300 | $641,800 |
| 2019 | $12,571 | $1,168,300 | $615,600 | $552,700 |
| 2018 | $11,822 | $1,045,300 | $559,700 | $485,600 |
| 2017 | $11,030 | $945,200 | $528,000 | $417,200 |
| 2016 | $10,845 | $865,500 | $471,500 | $394,000 |
| 2015 | $10,335 | $819,600 | $435,500 | $384,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Saphire
-
Jean Mazareas
J
Buyer's Agent in 2025
Jean Mazareas
North Shore Realty
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73342887
APN: SOME-000019-D000000-000016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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