NOT LISTED FOR SALE

18 Joseph St Somerville, MA 02143

Estimated Value: $1,425,670 - $1,673,000

6 Beds
3 Baths
2,730 Sq Ft
$568/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $1,370,000 $502 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,666/month

6 Days on Market

Highlights

  • Porch
  • Tandem Parking
  • 2-minute walk to Lincoln Park
  • Somerville High School Rated A-

About This Home

As of April 2022

Union Square triple decker just 0.3 miles from the soon-to-open MBTA green line extension Union Square station! This fully-rented investment offers 3 two-bedroom units with in-unit laundry, updated bathrooms, newer appliances, and modern composite flooring. There is a driveway for 3 car tandem parking, a WalkScore of 94, spacious common areas, and a serene rear flagstone patio. The basement has been partially finished for storage and is home to 3 new ultra efficient Navien gas on demand water heater/ boilers. 18-20 Joseph St is just 1.3 miles from Harvard Sq, 1.6 miles from MIT, just around the corner from hidden jewel Lincoln Park. A great location for those who like food and drink, just steps from Casa B Tapas, The Independent, Bronwyn, The Jungle, Remnant Brewing, and more! Showings start at open house Sunday 2/20/22 12-1:30!

Last Agent to Sell the Property

Charles Ball

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/16/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Co-Listed By

Christine Ball

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Matt McLellan

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,159

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 2,730 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • 220 Volts
  • Oil Water Heater

Additional Features

  • Porch
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $6,600
  • Assessor Parcel Number M:75 B:E L:15,758399

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $79,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,159

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Oil Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Living Area: 2730
  • Stories Total: 6
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 487.14
  • PRICE PER Sq Ft: 501.83
  • MAIN SO: AN6527

Exterior Features

  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: 220 Volts, Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Lot Info

  • Parcel Number: M:75 B:E L:15,758399
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613.6
  • Lot Size Units: Acres
  • LOT SIZE: 2491
  • PAGE: 352

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11159
  • Tax Book Number: 73482

Multi Family

  • Gross Income: 79200
  • Net Operating Income: 79200
  • Number Of Units Total: 3
  • Total Actual Rent: 6600
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 7, 2022
Sold by
Wang Chun-Hsuan and Zhang Qi
Bought by
Gajo Sater Ft
Seller's Agent
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Matt McLellan
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$1,329,900
Sold Price
$1,370,000
Premium/Discount to List
$40,100
3.02%
Current Estimated Value
$1,550,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,668
Avg. Annual Appreciation
3.72%
Original Mortgage
$890,500
Outstanding Balance
$843,116
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$707,552

Purchase Details

Listed on
Aug 6, 2019
Closed on
Oct 16, 2019
Sold by
Orr Keith A and Orr Brian K
Bought by
Wang Chun-Hsuan and Zhang Qi
Seller's Agent
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Adrian Cheng
Move2Boston Group, LLC
List Price
$1,129,000
Sold Price
$1,220,000
Premium/Discount to List
$91,000
8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$915,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2011
Sold by
Orr Keith A
Bought by
Orr Brian K and Powers Julie A

Purchase Details

Closed on
Jan 19, 1970
Bought by
Orr Keith A
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
Gajo Sater Ft $1,370,000 None Available
Wang Chun-Hsuan $1,220,000 --
Orr Brian K -- --
Orr Keith A $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gajo Sater Ft $890,500
Previous Owner Zhang Qi $899,168
Previous Owner Wang Chun-Hsuan $915,000
Previous Owner Orr Keith A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,370,000 +3.0% $502 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $1,329,900 +9.0% $487 / Sq Ft
10/18/2019 10/18/19 Sold $1,220,000 +8.1% $447 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $1,129,000 -- $414 / 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 $14,602 $1,338,400 $537,000 $801,400
2024 $13,711 $1,303,300 $537,000 $766,300
2023 $11,775 $1,138,800 $537,000 $601,800
2022 $11,159 $1,096,200 $511,400 $584,800
2021 $10,711 $1,051,100 $487,000 $564,100
2020 $10,417 $1,032,400 $468,300 $564,100
2019 $9,608 $892,900 $397,700 $495,200
2018 $8,209 $725,800 $361,500 $364,300
2017 $7,857 $673,300 $327,400 $345,900
2016 $7,786 $621,400 $321,800 $299,600
2015 $7,232 $573,500 $296,900 $276,600
Source: Public Records

Agents Affiliated with this Home

  • Charles Ball

    Seller's Agent in 2022

    Charles Ball

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 666-2121

    64 Total Sales

    Charles Ball
    Section Image
  • Christine Ball

    Seller Co-Listing Agent in 2022

    Christine Ball

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 893-0470

    59 Total Sales

    Christine Ball
    Section Image
  • Matt McLellan

    Buyer's Agent in 2022

    Matt McLellan

    Coldwell Banker Realty - Andovers/Readings Regional

    (781) 859-8662

    7 Total Sales

    Matt McLellan
    Section Image

  • A

    Buyer's Agent in 2019

    Adrian Cheng

    Move2Boston Group, LLC

    (508) 202-2148

    45 Total Sales

    Adrian Cheng
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943259

MLS Property Information Network (MLS PIN)

APN: SOME-000075-E000000-000015

Massachusetts Middlesex County Somerville 02143

18 Joseph St, Somerville, MA

This home is located at 18 Joseph St, Somerville, MA 02143 since 16 February 2022 and is currently estimated at $1,550,668, approximately $568 per square foot. This property was built in 1900. 18 Joseph St is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter School.

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.

MLS Property Information Network (MLS PIN) 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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