Seller's Agent in 2024
Lisa Sheehan
Berkshire Hathaway HomeServices Robert Paul Properties
(978) 821-4023
2 in this area
101 Total Sales
18 Morton St Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $1,022,000 - $1,277,000
5
Beds
3
Baths
3,130
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Level Lot
- Somerville High School Rated A-
- Porch
- 2-minute walk to Glen Park
About This Home
As of June 2024ATTENTION investors, contractors, and owner-occupants seeking an exceptional opportunity! Nestled in a residential neighborhood mere minutes from the bustling hubs of Union Square, Assembly Row, and Boston, this two-family home offers an enticing blend of convenience and potential. Bathed in natural light with soaring ceilings, this property exudes charm. The first unit boasts two bedrooms and one bath, while the second unit spans two levels, featuring three bedrooms and one bath, as well as a spacious deck for outdoor enjoyment. But that's not all - envision the possibilities of adding square footage by finishing the basement, or exploring the potential for a third unit under NR zoning regulations. With ample room for expansion and enhancement, this property presents an unparalleled opportunity for savvy buyers to maximize value and realize their vision. Plus - it is now fully vacant!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Robert Paul Properties Listed on: 02/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,254
Year Built
- Built in 1900
Lot Details
- 3,200 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Brick Foundation
- Shingle Roof
- Radon Mitigation System
Interior Spaces
- 3,130 Sq Ft Home
- Property has 2 Levels
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 4 Car Parking Spaces
- Common or Shared Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Utilities
- 2 Heating Zones
Community Details
- 2 Units
- Net Operating Income $67,908
Listing and Financial Details
- Total Actual Rent $5,659
- Assessor Parcel Number 760430
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2015
Sold by
Ortiz Luis G
Bought by
Rivera Anali and Ortiz Luis G
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
$157,000
Outstanding Balance
$120,604
Interest Rate
3.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,025,981
Purchase Details
Closed on
Jul 2, 1996
Sold by
Cabral Joao R and Cabral Rosa
Bought by
Ortiz Luiz G and Rivera Anali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivera Anali | -- | -- | |
| Rivera Anali | -- | -- | |
| Ortiz Luiz G | $118,400 | -- | |
| Ortiz Luiz G | $118,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rivera Anali | $157,000 | |
| Closed | Ortiz Luiz G | $157,000 | |
| Previous Owner | Ortiz Luiz G | $116,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,150,000 | -8.0% | $367 / Sq Ft |
| 05/07/2024 05/07/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | Price Changed | $1,250,000 | -1.5% | $399 / Sq Ft |
| 04/01/2024 04/01/24 | Price Changed | $1,269,000 | -2.3% | $405 / Sq Ft |
| 02/15/2024 02/15/24 | Price Changed | $1,299,000 | -0.1% | $415 / Sq Ft |
| 02/15/2024 02/15/24 | For Sale | $1,300,000 | -- | $415 / 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 | $9,068 | $831,200 | $384,500 | $446,700 |
| 2024 | $8,475 | $805,600 | $384,500 | $421,100 |
| 2023 | $8,254 | $798,300 | $384,500 | $413,800 |
| 2022 | $7,715 | $757,900 | $366,100 | $391,800 |
| 2021 | $7,375 | $723,700 | $361,200 | $362,500 |
| 2020 | $6,959 | $689,700 | $347,300 | $342,400 |
| 2019 | $6,488 | $603,000 | $288,100 | $314,900 |
| 2018 | $5,684 | $502,600 | $230,400 | $272,200 |
| 2017 | $5,451 | $467,100 | $217,300 | $249,800 |
| 2016 | $4,927 | $393,200 | $152,700 | $240,500 |
| 2015 | $4,924 | $390,500 | $151,800 | $238,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Sheehan
-
Rubina Shrestha Rana
R
Buyer's Agent in 2024
Rubina Shrestha Rana
Reva Capital Realty
2 in this area
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73202713
APN: SOME-000093-B000000-000002
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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