NOT LISTED FOR SALE

197 Washington St Unit 402 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $916,353 - $1,075,000

2 Beds
2 Baths
1,016 Sq Ft
2.3 Acres

Last Sold May 03, 2016

Last sale price $699,000 $688 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,162/month

Highlights

  • 99,999 Sq Ft lot
  • Property is near public transit
  • Cooling Available
  • Somerville High School Rated A-
  • No HOA
  • 3-minute walk to Senator Corbett Playground

About This Home

As of June 2023

Great apartment 2 Bedrooms / 2 Full Baths with 1 carport parking space located at the Union Square, Close to Green-line T station. This 2b2b unit features KitchenAid stainless appliances, gas cooking, quartz countertop, Nest thermostat, and vented GE washer/dryer, large floor-to-ceiling window, beautiful hardwood floor. Both bedrooms with walk-in closets. Lots of restaurants surrounded, easy access to Downtown Boston and universities.

Last Agent to Rent the Property

Jimmy zhou

Hooli Homes Boston Listed on: 04/11/2023

Co-Listed By

Xirong Zhao

Hooli Homes Boston

Last Renter's Agent

Scott Farrell & Partners

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,783

Year Built

  • Built in 2016

Lot Details

  • 2.3

Parking

  • 1 Car Parking Space

Home Design

  • 1,016 Sq Ft Home

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Property is near public transit
  • Cooling Available

Listing and Financial Details

  • Security Deposit $3,350
  • Property Available on 8/1/23
  • Rent includes water, parking
  • Assessor Parcel Number 4997668

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,783

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-08-01
  • Lease Term: Lease Terms(12),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: No
  • SEC DEPOSIT: 3350

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2016
  • Entry Level: 4
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: In Unit
  • Living Area: 1016
  • Spa YN: No
  • MAIN LO: AN4297
  • LIST PRICE PER Sq Ft: 3.3
  • PRICE PER Sq Ft: 3.59
  • MAIN SO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Highway Access, T-Station
  • Rent Includes: Water, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 402

Lot Info

  • Parcel Number: 4997668
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
May 3, 2016
Sold by
197 Washington Street
Bought by
Kan Jingwen
Seller's Agent
Michael Moynihan
The Collaborative Companies
Buyer's Agent
Xirong Zhao
Hooli Homes Boston
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$980,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,338
Avg. Annual Appreciation
3.51%
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
Kan Jingwen $699,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Rented $3,650 +9.0% --
04/14/2023 04/14/23 Under Contract -- -- --
04/11/2023 04/11/23 For Rent $3,350 +6.3% --
07/08/2021 07/08/21 Rented $3,150 0.0% --
06/23/2021 06/23/21 Under Contract -- -- --
06/21/2021 06/21/21 For Rent $3,150 0.0% --
05/03/2016 05/03/16 Sold $699,000 0.0% $681 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $699,000 -- $681 / 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 $8,783 $805,000 $0 $805,000
2024 $8,469 $805,000 $0 $805,000
2023 $8,253 $798,200 $0 $798,200
2022 $7,760 $762,300 $0 $762,300
2021 $7,602 $746,000 $0 $746,000
2020 $7,534 $746,700 $0 $746,700
2019 $8,182 $760,400 $0 $760,400
2018 $7,203 $636,900 $0 $636,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    Jimmy zhou

    Hooli Homes Boston

    30 Total Sales

    Jimmy zhou
    Section Image
  • Xirong Zhao

    Landlord's Co-Listing Agent in 2023

    Xirong Zhao

    Hooli Homes Boston

    (617) 510-3662

    17 Total Sales

    Xirong Zhao
    Section Image
  • Jacob Eddy

    Buyer's Agent in 2021

    Jacob Eddy

    Compass

    (802) 779-4705

    194 Total Sales

    Jacob Eddy
    Section Image
  • Michael Moynihan

    Seller's Agent in 2016

    Michael Moynihan

    The Collaborative Companies

    (617) 966-1660

    92 Total Sales

    Michael Moynihan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73097294

MLS Property Information Network (MLS PIN)

APN: SOME-81 A 12 402

Massachusetts Middlesex County Somerville 02143 Prospect Hill

197 Washington St Unit 402, Somerville, MA

This home is located at 197 Washington St Unit 402, Somerville, MA 02143 since 11 April 2023 and is currently priced at $980,338. This property was built in 2016. 197 Washington St Unit 402 is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Upper Elementary Campus.

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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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