NOT LISTED FOR SALE

Estimated Value: $950,000 - $1,321,515

3 Beds
3 Baths
2,132 Sq Ft
$575/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $1,218,750 $572 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,845/month

7 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 2-minute walk to Marshall Street Playground

About This Home

As of December 2023

This impeccably maintained 3-family in Winter Hill offers urban living and a rare investment opportunity. With three one-bedroom/one-bath apartments, each unit is designed for efficiency and comfort. Top 2 apartments have brand new kitchens and baths and are being delivered vacant. Renovated exterior with newer gutters, Harvey replacement windows, HardiPlank siding, and blown-in insulation. The property is ideal for those seeking rental income, condo conversion enthusiasts, or those looking for a place to live with income to help cover the mortgage. Situated on a quiet side street just 0.2 miles to the new Gilman Square green line, this property provides a chance to enter the real estate market. It gets better - a garage parking bay in the rear of the property! Close to restaurants and shops. Note that the attached single family at 21 Howe Street is also available for purchase. Offers, if any, are due on Tuesday, November 7th @12pm.

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 10/31/2023

Compass

Last Buyer's Agent

Patrick Maher

Tipp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,340

Year Built

  • Built in 1875

Lot Details

  • 4,000 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 2,132 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number 756383

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,340

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1875
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2132
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 586.3
  • PRICE PER Sq Ft: 571.65
  • MAIN SO: NB4735

Exterior Features

  • Exterior Features: Porch,Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street, Deeded

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No

Lot Info

  • Parcel Number: 756383
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • PAGE: 999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10340.01
  • Tax Book Number: 99999

Multi Family

  • Gross Income: 22800
  • Net Operating Income: 22800
  • Number Of Units Total: 3
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2002
Sold by
Dragone Philip and Dragone Jean
Bought by
Rapallo Audrey R
Total Days on Market
7
Current Estimated Value
$1,225,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1987
Sold by
Bitco Rt
Bought by
Schiller Robert J
Source: Public Records

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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
Rapallo Audrey R $525,000 --
Schiller Robert J $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19 Howe Rt $500,000
Closed Rapallo Audrey R $420,000
Previous Owner Schiller Robert J $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $1,218,750 -2.5% $572 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $1,250,000 -- $586 / 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 $12,206 $1,118,800 $413,200 $705,600
2024 $10,435 $991,900 $413,200 $578,700
2023 $10,202 $986,700 $413,200 $573,500
2022 $9,739 $956,700 $393,500 $563,200
2021 $9,004 $883,600 $374,800 $508,800
2020 $8,430 $835,500 $360,300 $475,200
2019 $7,707 $716,300 $305,900 $410,400
2018 $7,246 $640,700 $295,000 $345,700
2017 $6,612 $566,600 $275,100 $291,500
2016 $6,428 $513,000 $237,900 $275,100
2015 $6,059 $480,500 $212,100 $268,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73175530

MLS Property Information Network (MLS PIN)

APN: SOME-000060-C000000-000025