NOT LISTED FOR SALE

Estimated Value: $1,523,000 - $1,848,000

9 Beds
3 Baths
2,934 Sq Ft
$554/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,500,000 $511 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,904/month

22 Days on Market

About This Home

As of November 2021

This is a rare opportunity to own an enormous 3 Family home located right near the Cambridge / Somerville line, providing immediate access to Harvard, Kendall, and Union Square's. Abutting one of Somerville's best kept secrets, Perry Park, this income producing property has incredible potential for Condo Conversion, Rental Property or Multi-Generational living. All three units are 3 bed-1 baths and each has a fantastic Private Deck with unobstructed views of the park. The apartments are generous in size and have separate utilities, hardwood floors, and vinyl replacement windows. Don't miss the eat-in kitchens with built-in breakfast nooks, and there is shared laundry in the basement. This property also offers a large back yard and Parking for 6 cars! You and your tenants will love this location. This is the one you’ve been waiting for. Any and all offers will be reviewed Tuesday, 10/5 at 2 PM please see firm remarks below. Seller reserves the right to except an offer prior 10/5

Last Agent to Sell the Property

David Lilley

RE/MAX Real Estate Center Listed on: 09/15/2021

RE/MAX Real Estate Center

Last Buyer's Agent

Sandrine Deschaux

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 5,227

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: On Leland off of Washington St
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Walk-Out Access, Concrete
  • MAIN LO: BB9927
  • MAIN SO: BB9927
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(High Speed Internet Hookup), Unit 2(High Speed Internet Hookup), Unit 3(High Speed Internet Hookup), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Rubber
  • Exterior Features: Garden, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone
  • Construction Type: Frame
  • Fencing: Fenced
  • Lot Features: Level
  • Patio And Porch Features: Porch, Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Electric: 220 Volts, 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • LOT SIZE: 5335
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: RB

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3
  • Annual Gross Income: 62640
  • Property Net Operating Income: 62640
  • Number Of Units Total: 3
  • Total Actual Rent: 5220

Tax Info

  • Tax Annual Amount: 15720
  • Tax Book Number: 54263
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 17, 2021
Sold by
Leland Investments Llc
Bought by
Perry Park Invs Llc
Seller's Agent
David Lilley
RE/MAX Real Estate Center
Buyer's Agent
Sandrine Deschaux
RE/MAX Real Estate Center
Sold Price
$1,500,000
Current Estimated Value
$1,652,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,043
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Gardner Richard W and Farren-Gardner Carley
Bought by
Leland Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.36%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Mccarthy Eoin
Bought by
Gardner Richard W and Ferren-Gardner Carley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Odonovan James D and Odonovan Denise
Bought by
Mccarthy E

Purchase Details

Closed on
Aug 21, 2000
Sold by
Vandenberg Jeanette L
Bought by
Odonovan James D and Odonovan Denise

Purchase Details

Closed on
Jun 7, 1996
Sold by
Cranna Judith
Bought by
Berg Jeanette D
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
Perry Park Invs Llc $1,500,000 None Available
Leland Inv Llc -- --
Gardner Richard W $691,000 --
Mccarthy E $515,000 --
Odonovan James D $485,000 --
Berg Jeanette D $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berg Jeanette D $490,000
Previous Owner Berg Jeanette D $503,900
Previous Owner Gardner Richard W $500,000
Previous Owner Berg Jeanette D $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $1,500,000 +0.3% $511 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/30/2021 09/30/21 For Sale -- -- --
09/23/2021 09/23/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,495,000 -- $510 / 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 $16,820 $1,541,700 $845,800 $695,900
2024 $15,649 $1,487,500 $845,800 $641,700
2023 $15,296 $1,479,300 $845,800 $633,500
2022 $16,384 $1,609,400 $805,500 $803,900
2021 $15,720 $1,542,700 $767,200 $775,500
2020 $15,268 $1,513,200 $737,700 $775,500
2019 $14,062 $1,306,900 $626,400 $680,500
2018 $12,097 $1,069,600 $569,500 $500,100
2017 $11,560 $990,600 $515,800 $474,800
2016 $11,508 $918,400 $506,900 $411,500
2015 $10,686 $847,400 $467,600 $379,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895384

MLS Property Information Network (MLS PIN)

APN: SOME-000064-C000000-000013

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