NOT LISTED FOR SALE

197 Washington St Unit 201 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $958,180 - $1,127,000

2 Beds
2 Baths
1,185 Sq Ft
2016 Built

Last Sold July 07, 2016

Last sale price $699,000 $590 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,483/month

54 Days on Market

About This Home

As of July 2016

197 Union's largest floorplan! This corner, North West facing 2 bed / 2 full bathroom luxury residence also includes 1 carport parking space! This condo offers a sleek open floor plan with large floor-to-ceiling windows, wide plank hardwood flooring, and a state-of-the-art kitchen with Caesarstone quartz counter tops, gas cooking, KitchenAid stainless steel appliances, tiled shower, Nest thermostat, and vented GE washer/dryer. 197 Union SQ is a professionally managed condominium community with an on-site fitness room, outdoor bicycle rack, solar lounge and common roof deck with outstanding views of the Boston skyline. Located in a vibrant Union SQ., steps from restaurants, coffee shops, and markets. Minutes to schools, shopping, and theaters. Easy access to public transportation and major highways. 197 Union Sq. is a dynamic neighborhood filled with convenience and sophistication.

Last Agent to Sell the Property

Michael Moynihan

The Collaborative Companies Listed on: 04/16/2016

Last Buyer's Agent

Michael Moynihan

The Collaborative Companies Listed on: 04/16/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,958

Year Built

2016

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Corner
  • Property Type: Condominium/Co-Op
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, Public School
  • Flooring: Tile, Marble, Engineered Hardwood
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Exterior: Fiber Cement Siding, Composite, Other (See Remarks)
  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Garage Parking: Carport, Assigned
  • Garage Spaces: 1
  • Parking Spaces: 0

Utilities

  • Cooling: Heat Pump, Unit Control
  • Heating: Forced Air, Gas, Electric, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 197 Union Square
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal
  • Association Security: Other (See Remarks)
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 30
  • Unit Building: 201

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2016
Closed on
Jul 7, 2016
Sold by
197 Washington Street
Bought by
Chen Shu-Zhen and Chen Shu-Dan
Seller's Agent
Michael Moynihan
The Collaborative Companies
Buyer's Agent
Michael Moynihan
The Collaborative Companies
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,054,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,795
Avg. Annual Appreciation
4.60%
Original Mortgage
$300,000
Outstanding Balance
$139,864
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$914,931
Source: Public Records

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
Chen Shu-Zhen $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shu-Zhen $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $699,000 0.0% $590 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $699,000 -- $590 / 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 $8,958 $821,100 $0 $821,100
2024 $8,638 $821,100 $0 $821,100
2023 $8,418 $814,100 $0 $814,100
2022 $7,915 $777,500 $0 $777,500
2021 $7,754 $760,900 $0 $760,900
2020 $7,684 $761,500 $0 $761,500
2019 $8,344 $775,500 $0 $775,500
2018 $7,400 $654,300 $0 $654,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Moynihan

    Seller's Agent in 2016

    Michael Moynihan

    The Collaborative Companies

    (617) 966-1660

    92 Total Sales

    Michael Moynihan
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71989479

MLS Property Information Network (MLS PIN)

APN: SOME-81 A 12 201

Massachusetts Middlesex County Somerville 02143 Prospect Hill

197 Washington St Unit 201, Somerville, MA

This home is located at 197 Washington St Unit 201, Somerville, MA 02143 since 16 April 2016 and is currently estimated at $1,054,795, approximately $890 per square foot. This property was built in 2016. 197 Washington St Unit 201 is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Community Charter School of Cambridge.

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.

MLS Property Information Network (MLS PIN) 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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