NOT LISTED FOR SALE

185 Morrison Ave Unit 201 Somerville, MA 02144

Estimated Value: $917,000 - $1,069,000

2 Beds
1 Bath
1,209 Sq Ft
$798/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $490,000 $405 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,123/month

About This Home

As of June 2012

Too cool for school! Enjoy everything Somerville's Davis Square neighborhood has to offer living in this one-of-a-kind loft-style condo in the renovated Lowe School building. Around the block from the Davis MBTA subway station (Redline), Somerville Community Path, shops, restaurants & bars. Unit features huge open living room, large master bedroom, two smaller bedrooms perfect for home offices, updated kitchen w/quartz countertops & stainless steel appliances as well as modern bathroom. Tons of natural light from south-facing 7 ft windows. Soaring 12 ft lofted ceilings. Recessed lighting. Lots of closet space. Gleaming hardwood floors & fresh paint throughout. Nest thermostat. Intercom. In-building laundry. Private basement storage. Bike room. (1) off-street parking spot. There's even a mounted projector for movie nights with a 10’x6’ viewing area! Don't miss this one! Available NOW!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2018
Sold by
Ribaudo Adam R
Bought by
Ribaudo Adam R and Ribaudo Iona
Current Estimated Value
$965,264

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 28, 2012
Sold by
Goldenberg James
Bought by
Ribaudo Adam R
Seller's Agent
Dana Schaefer
Compass
Buyer's Agent
Andrea Bonaccorso
Coldwell Banker Realty - Cambridge
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$367,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Mit
Bought by
Goldenberg James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1992
Sold by
Jaroux Belgacem A
Bought by
Mit

Purchase Details

Closed on
Nov 1, 1988
Sold by
Kyriavest Inc
Bought by
Jery Belgacem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Ribaudo Adam R -- --
Ribaudo Adam R $490,000 --
Goldenberg James $375,000 --
Mit $164,291 --
Jery Belgacem $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ribaudo Adam R $20,000
Previous Owner Ribaudo Adam R $367,500
Previous Owner Goldenberg James $300,000
Previous Owner Jery Belgacem $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Rented $3,000 0.0% --
04/20/2021 04/20/21 Under Contract -- -- --
04/01/2021 04/01/21 For Rent $3,000 0.0% --
06/28/2012 06/28/12 Sold $490,000 -1.0% $405 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $495,000 -- $409 / Sq Ft

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 $8,644 $792,300 $0 $792,300
2024 $7,995 $760,000 $0 $760,000
2023 $7,808 $755,100 $0 $755,100
2022 $7,539 $740,600 $0 $740,600
2021 $7,547 $740,600 $0 $740,600
2020 $7,325 $726,000 $0 $726,000
2019 $7,151 $664,600 $0 $664,600
2018 $6,883 $608,600 $0 $608,600
2017 $6,776 $580,600 $0 $580,600
2016 $6,506 $519,200 $0 $519,200
2015 $5,965 $473,000 $0 $473,000
Source: Public Records

Agents Affiliated with this Home

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