NOT LISTED FOR SALE

Estimated Value: $737,000 - $868,000

2 Beds
1 Bath
1,151 Sq Ft
1903 Built

Last Sold April 13, 2012

Last sale price $312,000 $271 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,809/month

135 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Davis Station
  • Intercom
  • Somerville High School Rated A-
  • Jogging Path
  • 3-minute walk to Kenney Park

About This Home

As of April 2012

This stylish loft in the former Lowe School in Davis Square features high ceilings, exposed brick, updated kitchen and bath. The bath has an antique claw foot tub plus seperate shower. There is a bedroom plus an office that could also be used as a guest room. Convenient to Davis Square, the bike bath, Powderhouse Park, movies, cafes and much, much more! The unit comes with one assigned parking space. Professionally managed. Special assessment for re-pointing to be paid by seller. A great value!

Last Agent to Sell the Property

James Daniel

Pegasus Residential License #449508249 Listed on: 09/22/2011

Last Buyer's Agent

Jack Lister

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1903

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20B35 Sub lot:G3,749839

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, trash
  • 16 Units
  • Mid-Rise Condominium

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,894

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise, Loft
  • Year Built: 1903
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Partially Below Grade)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Living Area: 1151
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: an6181
  • MAIN SO: AC0249

Exterior Features

  • Construction Materials: Brick
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • 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, City/Town Water

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 320
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Trash

Lot Info

  • Parcel Number: 20B35 Sub lot:G3,749839
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3894

Multi Family

  • Number Of Units Total: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2011
Closed on
Apr 13, 2012
Sold by
Barry Nicholas R
Bought by
Bogdan Adam and Bogdan Madhumita
Seller's Agent
James Daniel
Pegasus Residential
Buyer's Agent
Jack Lister
Berkshire Hathaway HomeServices Verani Realty
List Price
$349,000
Sold Price
$312,000
Premium/Discount to List
-$37,000
-10.6%
Current Estimated Value
$808,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,758
Avg. Annual Appreciation
7.22%
Original Mortgage
$249,600
Outstanding Balance
$172,401
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$636,357

Purchase Details

Closed on
Aug 11, 2000
Sold by
Karnath Paul M
Bought by
Barry Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1994
Sold by
Juran Daryl
Bought by
Karnath Paul M

Purchase Details

Closed on
Jun 15, 1994
Sold by
Guthrie M Peter and Cliffe Sarah W
Bought by
Figueroa Rosa I
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
Bogdan Adam $312,000 --
Bogdan Adam $312,000 --
Barry Nicholas R $290,000 --
Karnath Paul M $107,500 --
Figueroa Rosa I $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogdan Adam $249,600
Previous Owner Figueroa Rosa I $148,500
Previous Owner Figueroa Rosa I $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $312,000 -5.2% $271 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/20/2012 01/20/12 Price Changed $329,000 -5.7% $286 / Sq Ft
09/21/2011 09/21/11 For Sale $349,000 -- $303 / 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 $6,800 $623,300 $0 $623,300
2024 $6,291 $598,000 $0 $598,000
2023 $6,144 $594,200 $0 $594,200
2022 $5,934 $582,900 $0 $582,900
2021 $5,940 $582,900 $0 $582,900
2020 $5,766 $571,500 $0 $571,500
2019 $5,633 $523,500 $0 $523,500
2018 $5,381 $475,800 $0 $475,800
2017 $5,303 $454,400 $0 $454,400
2016 $5,086 $405,900 $0 $405,900
2015 $4,666 $370,000 $0 $370,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71291049

MLS Property Information Network (MLS PIN)

APN: SOME-000020-B000000-000035-G000000-3