NOT LISTED FOR SALE

197 Washington St Unit 310 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $992,024 - $1,062,000

2 Beds
2 Baths
1,183 Sq Ft
$616/ mo HOA Fee

Last Sold May 18, 2023

Last sale price $980,000 $828 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,899/month

19 Days on Market

Highlights

  • Fitness Center
  • City View
  • Property is near public transit and schools
  • Somerville High School Rated A-
  • Clubhouse
  • 3-minute walk to Senator Corbett Playground

About This Home

As of May 2023

Rarely available Southwest upper corner unit, one of the most desirable residences in the building. All-day sun exposures with floor-to-ceiling windows. Modern 2BR 2BA condo built in 2016 in the heart of Union Square. Sunny kitchen with long countertops, an island & large pantry. Dining area is anchored by a stunning corner glass window with sunset views. The 2 bedrooms sit on opposite corners, and both feature en-suite bathrooms and large closets. One bath has large walk-in shower, the other a soaking tub. The oversized foyer has a generous mud-room closet plus in-unit laundry with elbow room. Amenities include elevator, one covered parking space, a modern gym and skyline views from the roof deck & rooftop lounge. In the heart of booming Union Square. Offers due Tues at noon.

Last Agent to Sell the Property

Currier, Lane & Young

Compass Listed on: 03/30/2023

Compass

Co-Listed By

Chris Young

Compass

Last Buyer's Agent

Frank Celeste

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,934

Year Built

  • Built in 2016

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Rubber Roof

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring
  • City Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 4997668

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 30 Units
  • Low-Rise Condominium

Amenities

  • Community Garden
  • Common Area
  • Shops
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,934

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$616 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise, Loft
  • Year Built: 2016
  • Entry Level: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 1183
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: BB5918
  • Insulation: Full

Exterior Features

  • Exterior Features: City View(s)
  • Common Walls: Corner
  • Home Warranty YN: No
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Carport, Off Street, Assigned, Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Clubroom, Garden Area
  • Association Fee: 616
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Bike Path, Highway Access, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 4997668
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8933.66

Multi Family

  • Number Of Units Total: 30
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 18, 2023
Sold by
Mazumder Rahul and Mazumder Lisa
Bought by
Tam Hannah
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Views
42
Current Estimated Value
$1,029,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,506
Avg. Annual Appreciation
1.73%
Original Mortgage
$726,000
Outstanding Balance
$701,400
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,106

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 26, 2016
Sold by
197 Washington Street
Bought by
Mazumber Rahul and Mazumber Lisa
Seller's Agent
Michael Moynihan
The Collaborative Companies
Buyer's Agent
Chris Young
Compass
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$485,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tam Hannah $980,000 None Available
Mazumber Rahul $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Hannah $726,000
Previous Owner Mazumber Rahul $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $980,000 +0.5% $828 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $975,000 +32.7% $824 / Sq Ft
05/26/2016 05/26/16 Sold $735,000 0.0% $621 / Sq Ft View Prior Sale
03/04/2016 03/04/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $735,000 -- $621 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,383 $860,000 $0 $860,000
2024 $9,047 $860,000 $0 $860,000
2023 $8,817 $852,700 $0 $852,700
2022 $8,290 $814,300 $0 $814,300
2021 $8,120 $796,900 $0 $796,900
2020 $8,048 $797,600 $0 $797,600
2019 $8,738 $812,100 $0 $812,100
2018 $7,762 $686,300 $0 $686,300
Source: Public Records

Agents Affiliated with this Home

  • Currier, Lane & Young

    Seller's Agent in 2023

    Currier, Lane & Young

    Compass

    (617) 871-9190

    15 in this area

    505 Total Sales

    Currier, Lane & Young
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Chris Young

    Compass

    (617) 593-3166

    2 in this area

    22 Total Sales

    Chris Young
    Section Image
  • Frank Celeste

    Buyer's Agent in 2023

    Frank Celeste

    Gibson Sothebys International Realty

    (617) 872-3227

    2 in this area

    409 Total Sales

    Frank Celeste
    Section Image
  • Michael Moynihan

    Seller's Agent in 2016

    Michael Moynihan

    The Collaborative Companies

    (617) 966-1660

    89 Total Sales

    Michael Moynihan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093023

MLS Property Information Network (MLS PIN)

APN: SOME-81 A 12 310

Massachusetts Middlesex County Somerville 02143 Prospect Hill

197 Washington St Unit 310, Somerville, MA

Not Listed for Sale

Condos

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