NOT LISTED FOR SALE

Estimated Value: $1,402,000 - $1,768,119

5 Beds
3 Baths
2,743 Sq Ft
$556/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2024

Last sale price $1,530,000 $558 Per Sq Ft

Current estimated payment $9,334 / mo

6 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • Mud Room
  • Somerville High School Rated A-
  • 1 Fireplace
  • Home Office

About This Home

As of August 2024

Welcome to your next investment opportunity! This charming multi-family property offers two units on a tranquil dead-end street, providing both comfort and potential income. The lower unit features 1 bedroom, 1 bathroom, a cozy living and dining area, and a welcoming porch—perfect for generating rental income. Meanwhile, the upper unit spans two floors with 4 bedrooms, offering ample space for owners or tenants seeking room to grow. Parking is abundant, ensuring convenience for residents and visitors alike. Additionally, the property's proximity to Davis and Porter adds to its appeal, providing easy access to shopping, dining, and entertainment options. Whether you're an investor looking to expand your portfolio or a homeowner seeking supplementary income, this property offers an ideal combination of convenience and income potential. Don't miss out—schedule a viewing today to explore the possibilities that await you at this fantastic multi-family property!

Last Agent to Sell the Property

Anitha Yajnik

Leading Edge Real Estate Listed on: 04/03/2024

Leading Edge Real Estate

Last Buyer's Agent

Anitha Yajnik

Leading Edge Real Estate Listed on: 04/03/2024

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,366

Year Built

  • Built in 1905

Lot Details

  • 4,400

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,743 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Scenic Vista Views
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Schools

  • Jfk Elementary School
  • Benjamin Brown Middle School
  • Somerville High School

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Additional Features

  • Porch
  • 4,400 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $67,200

Listing and Financial Details

  • Total Actual Rent $5,600
  • Assessor Parcel Number 6655,752377

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,366

Year Built

Built in 1905

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1905
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Hardwood
  • Interior Amenities: Storage, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Mudroom, Office/Den
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 2743
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4411
  • MAIN SO: AN4411

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 6655,752377
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4400
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14366

Multi Family

  • Net Operating Income: 67200
  • Number Of Units Total: 2
  • Total Actual Rent: 5600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: Somerville High
  • Elementary School: Jfk Elementary
  • Middle Or Junior School: Benjamin Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2003
Sold by
Abramson Stephen S and Petri Adam M
Bought by
Belmont Lauren A and Pignatiello Rocco A
Current Estimated Value
$1,524,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$263,294
Interest Rate
6.09%
Estimated Equity
$1,260,736
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Belmont Lauren A -- --
Belmont Lauren A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmont Lauren A $560,000
Closed Belmont Lauren A $560,000
Previous Owner Belmont Lauren A $65,000
Previous Owner Belmont Lauren A $50,000
Previous Owner Belmont Lauren A $6,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $1,530,000 +5.5% $558 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,450,000 -- $529 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $15,043 $1,378,800 $632,900 $745,900
2024 $14,366 $1,365,600 $632,900 $732,700
2023 $13,600 $1,315,300 $632,900 $682,400
2022 $12,814 $1,258,700 $602,800 $655,900
2021 $12,162 $1,193,500 $574,000 $619,500
2020 $11,453 $1,135,100 $552,000 $583,100
2019 $10,549 $980,400 $480,000 $500,400
2018 $9,852 $871,100 $436,400 $434,700
2017 $9,681 $829,600 $411,700 $417,900
2016 $9,488 $757,200 $376,500 $380,700
2015 $9,480 $751,800 $374,500 $377,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73219726

MLS Property Information Network (MLS PIN)

APN: SOME-000035-A000000-000011

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