NOT LISTED FOR SALE

186 Morrison Ave Somerville, MA 02144

Estimated Value: $1,648,000 - $1,813,415

5 Beds
3 Baths
3,389 Sq Ft
$508/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $1,270,000 $375 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,916/month

45 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Davis Station
  • 3-minute walk to Kenney Park
  • Somerville High School Rated A-

About This Home

As of September 2019

Location! Location! Location! Investors, Owner Occupants and Contractors take notice.Great Davis Sq convenience for access to the Red line, shopping, restaurants and much more! This home has been family owned over 60 years! House is vacant, over 3,300 sq ft of living space and ready for all your renovation ideas. Property will be Sold As Is and with the Approved Removal Permit.

Last Listed By

John Raposo

eXp Realty Listed on: 06/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,368

Year Built

  • Built in 1910

Lot Details

  • 4,792

Additional Features

  • Wood Flooring
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:24 B:I L:3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,368

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 395.40
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: AN4339
  • Main So: AN4339
  • Estimated Sq Ft: 3389.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 1127700.00
  • Acre: 0.11
  • Lot Size: 4752.00
  • Page: 296
  • Parcel Number: M:24 B:I L:3
  • Zoning: RA
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 12134.00
  • Assessor Parcel Number: 750379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 24, 2019
Sold by
Medeiros Paul J and Santos Nelia
Bought by
Wu Xun and Yin Deli
Seller's Agent
John Raposo
eXp Realty
Buyer's Agent
John Raposo
eXp Realty
List Price
$1,399,999
Sold Price
$1,270,000
Premium/Discount to List
-$129,999
-9.29%
Total Days on Market
45
Current Estimated Value
$1,721,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,354
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,016,000
Outstanding Balance
$897,676
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,678

Purchase Details

Closed on
Jun 5, 2003
Sold by
Medeiros Maria C
Bought by
Est Maria C Medeiro and Santos Nelia M

Range of Values:

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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
Wu Xun $1,270,000 --
Est Maria C Medeiro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Xun $1,016,000
Previous Owner Mederios Domingos A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $1,270,000 -5.2% $375 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $1,339,999 -4.3% $395 / Sq Ft
06/25/2019 06/25/19 For Sale $1,399,999 -- $413 / 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 $15,368 $1,408,600 $760,500 $648,100
2024 $14,697 $1,397,100 $760,500 $636,600
2023 $14,353 $1,388,100 $760,500 $627,600
2022 $13,513 $1,327,400 $724,300 $603,100
2021 $13,130 $1,288,500 $719,000 $569,500
2020 $12,823 $1,270,900 $719,400 $551,500
2019 $12,134 $1,127,700 $654,900 $472,800
2018 $10,860 $960,200 $595,500 $364,700
2017 $10,645 $912,200 $561,700 $350,500
2016 $10,281 $820,500 $501,600 $318,900
2015 $9,827 $779,300 $463,200 $316,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72523087

MLS Property Information Network (MLS PIN)

APN: SOME-000024-I000000-000003