$490,000
SOLD JUN 28, 2012

185 Morrison Ave Unit 201 Somerville, MA 02144

2 Beds
1 Bath
1,209 Sq Ft
$434/mo HOA Fee

Recently Sold

$405 Per Sq Ft

1% Below List Price

34 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Davis Station
  • Corner Lot
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Kenney Park

About This Home

As of June 2012

Rare offering at the Lowe School Lofts! Super Sunny Corner two bedroom Loft in the heart of Davis Square. Steps to the red line T and Bike Bath. Voluminous open space with high ceilings and huge windows. This school house conversion is set off the street and elevated above street level providing beautiful tree top views with lots of privacy. Features include: updated kitchen and bath, off street parking and extra private storage area.

Last Agent to Sell the Property

Dana Schaefer

Compass Listed on: 04/27/2012

Compass

Last Buyer's Agent

Andrea Bonaccorso

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1903

HOA Fees

  • $434 Monthly HOA Fees

Home Design

  • Slate Roof

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 20B35 Sub lot:201,749839

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 16 Units
  • Low-Rise Condominium
  • Lowe School Condominium Lofts Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,322

Year Built

Built in 1903

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise, Loft
  • Year Built: 1903
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 1209
  • Stories Total: 1
  • MAIN LO: BB3282
  • LIST PRICE PER Sq Ft: 409.43
  • PRICE PER Sq Ft: 405.29
  • MAIN SO: BB9927

Exterior Features

  • Common Walls: Corner
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 434
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station, University
  • UNIT BUILDING: 201
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 20B35 Sub lot:201,749839
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 366

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5322
  • Tax Book Number: 41387

Multi Family

  • Number Of Units Total: 16
  • NO UNITS OWNER OCC: 11

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
$991,498

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
5.48%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Not Resolvable $490,000 --
Deed $375,000 --
Deed $164,291 --
Deed $176,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 No Value Available
Previous Owner $367,500 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $88,000 Purchase Money Mortgage
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
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 $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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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71373823

MLS Property Information Network (MLS PIN)

APN: SOME-000020-B000000-000035-000201