181 Cedar St Unit 1 Somerville, MA 02145
Estimated Value: $1,086,000 - $1,220,269
3
Beds
3
Baths
1,929
Sq Ft
$391/mo
HOA Fee
Highlights
- Medical Services
- Property is near public transit
- Corner Lot
- Somerville High School Rated A-
- 1 Fireplace
- 4-minute walk to Lexington Park
About This Home
As of June 2024Come see this fabulous condo in Somerville, between Magoun and Davis Squares! This 2013-built home has had only one owner and has been updated with all new bathrooms and fresh paint throughout. The first floor open concept plan, with a private deck off the dining area, is perfect for entertaining. The kitchen has a two-seat breakfast bar, quartz countertops and stainless steel appliances. This southwest facing corner unit enjoys bright sunlight throughout the day. The first floor has a dual vanity full bathroom, a guest bedroom, and a primary bedroom with an en suite bathroom and large closet. Downstairs are two substantial sized flex rooms, a full bathroom, a storage/utility room, and a full sized laundry room and work space. A deeded parking space is just outside the front door. Close to the Somerville Community Path, leading to several T stops, restaurants, shops and parks.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,630
Year Built
- Built in 2013
HOA Fees
- $391 Monthly HOA Fees
Interior Spaces
- 1,929 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Basement
Kitchen
- Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 4910498
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, reserve funds
- 6 Units
- Low-Rise Condominium
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2024
Closed on
Jun 21, 2024
Sold by
Park Andrew H
Bought by
Teixeira John M and Teixeira Bronwyn B
Seller's Agent
Charlotte Huguenor
Donnelly + Co.
Buyer's Agent
Eric Hung
Engel & Völkers Wellesley
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,067
Avg. Annual Appreciation
5.96%
Original Mortgage
$500,000
Outstanding Balance
$495,865
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,202
Purchase Details
Closed on
Feb 28, 2014
Sold by
181 Cedar Street Llc
Bought by
Park Andrew H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Somerville, MA
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 |
|---|---|---|---|
| Teixeira John M | $1,075,000 | None Available | |
| Teixeira John M | $1,075,000 | None Available | |
| Park Andrew H | $555,000 | -- | |
| Park Andrew H | $555,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Teixeira John M | $500,000 | |
| Closed | Teixeira John M | $500,000 | |
| Previous Owner | Park Andrew H | $295,000 | |
| Previous Owner | Park Andrew H | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,075,000 | -2.3% | $557 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 04/17/2024 04/17/24 | For Sale | $1,100,000 | -- | $570 / 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 | $10,931 | $1,001,900 | $0 | $1,001,900 |
| 2024 | $10,648 | $1,012,200 | $0 | $1,012,200 |
| 2023 | $10,522 | $1,017,600 | $0 | $1,017,600 |
| 2022 | $9,902 | $972,700 | $0 | $972,700 |
| 2021 | $9,607 | $942,800 | $0 | $942,800 |
| 2020 | $9,426 | $934,200 | $0 | $934,200 |
| 2019 | $9,131 | $848,600 | $0 | $848,600 |
| 2018 | $7,798 | $689,500 | $0 | $689,500 |
| 2017 | $7,529 | $645,200 | $0 | $645,200 |
| 2016 | $6,994 | $558,200 | $0 | $558,200 |
| 2015 | $6,758 | $535,900 | $0 | $535,900 |
Source: Public Records
Agents Affiliated with this Home
-
Charlotte Huguenor
Seller's Agent in 2024
Charlotte Huguenor
Donnelly + Co.
(858) 336-0226
1 in this area
18 Total Sales
-
Eric Hung
Buyer's Agent in 2024
Eric Hung
Engel & Völkers Wellesley
(617) 999-6368
1 in this area
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73225234
APN: SOME-000033-G000000-000025-000001
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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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