Seller's Agent in 2021
Dana Warren
Hawthorn Properties
(617) 794-5303
1 in this area
39 Total Sales
188 Cedar St Somerville, MA 02145
Estimated Value: $1,122,000 - $1,386,000
4
Beds
2
Baths
2,184
Sq Ft
$583/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- 4-minute walk to Lexington Park
- Somerville High School Rated A-
- Patio
About This Home
As of July 2021Turnkey multi-family home in a fantastic Somerville location with off street parking! Located just steps to the bike path and a short stroll to both the Davis Square red line stop AND the future Ball Square green line stop, this 2-family has a rock solid rental history with leases in place through August 31st. Take over as an investment or move into one unit while collecting rent from the other. This well-cared for home consists of two 2-bedroom apartments. The upstairs unit has two enclosed porches that are perfect for home offices (see attached floor plan). Hardwood floors throughout, gas heat and numerous updates contribute to an easy investment opportunity. Showings begin at open houses on Saturday 5/1 (12 pm to 2 pm) and Sunday 5/2 (11 am to 1 pm) with any offers due Monday 5/3 at 2 pm. Seller would consider offers made in Bitcoin.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,917
Year Built
- Built in 1920
Lot Details
- 3,485
Flooring
- Wood
- Tile
- Vinyl
Outdoor Features
- Deck
- Patio
- Rain Gutters
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2021
Closed on
Jul 1, 2021
Sold by
Whitewater Re Llc
Bought by
Alfonso-Rivera Denise M
Seller's Agent
Dana Warren
Hawthorn Properties
Buyer's Agent
Allan Fils-Aime
Ivy Realty Group
List Price
$999,000
Sold Price
$1,100,000
Premium/Discount to List
$101,000
10.11%
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
$173,720
Avg. Annual Appreciation
4.07%
Original Mortgage
$825,000
Outstanding Balance
$751,798
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$545,538
Purchase Details
Listed on
Oct 22, 2015
Closed on
Jan 6, 2016
Sold by
Henkle Kathy M
Bought by
Whitewater Real Estate
Seller's Agent
Bill Copithorne
Keller Williams Realty Boston Northwest
Buyer's Agent
Robert Ticktin
Hawthorn Properties
List Price
$689,000
Sold Price
$689,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$551,200
Interest Rate
3.96%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Alfonso-Rivera Denise M | $1,100,000 | None Available | |
| Whitewater Real Estate | $689,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alfonso-Rivera Denise M | $825,000 | |
| Previous Owner | Whitewater Real Estate | $551,200 | |
| Previous Owner | Henkle Kathy M | $75,000 | |
| Previous Owner | Henkle Kathy M | $78,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $1,100,000 | +10.1% | $504 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $999,000 | +45.0% | $457 / Sq Ft |
| 01/06/2016 01/06/16 | Sold | $689,000 | 0.0% | $303 / Sq Ft |
| 10/27/2015 10/27/15 | Pending | -- | -- | -- |
| 10/22/2015 10/22/15 | For Sale | $689,000 | -- | $303 / 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 | $10,917 | $1,000,600 | $508,700 | $491,900 |
| 2024 | $10,435 | $991,900 | $508,700 | $483,200 |
| 2023 | $9,915 | $958,900 | $508,700 | $450,200 |
| 2022 | $8,679 | $852,600 | $484,500 | $368,100 |
| 2021 | $8,443 | $828,600 | $481,000 | $347,600 |
| 2020 | $8,156 | $808,300 | $481,300 | $327,000 |
| 2019 | $7,730 | $718,400 | $438,100 | $280,300 |
| 2018 | $8,026 | $709,600 | $398,300 | $311,300 |
| 2017 | $7,875 | $674,800 | $375,700 | $299,100 |
| 2016 | $6,883 | $549,300 | $335,500 | $213,800 |
| 2015 | $6,970 | $552,700 | $309,900 | $242,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Robert Ticktin
Hawthorn Properties
(617) 840-3463
1 in this area
73 Total Sales
-
Buyer's Agent in 2021
Allan Fils-Aime
Ivy Realty Group
(617) 505-8321
3 in this area
22 Total Sales
-
Seller's Agent in 2016
Bill Copithorne
Keller Williams Realty Boston Northwest
(781) 820-9658
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72822269
APN: SOME-000028-G000000-000012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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