NOT LISTED FOR SALE

197 Washington St Unit 405 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $968,387 - $1,081,000

2 Beds
2 Baths
1,054 Sq Ft
2016 Built

Last Sold November 23, 2016

Last sale price $690,000 $655 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,383/month

51 Days on Market

About This Home

As of November 2016

Highly desired penthouse, corner residence with 1 carport parking space included. This top-floor condo offers a sleek open floor plan with large floor-to-ceiling window systems, wide plank hardwood flooring, and a state-of-the-art kitchen with Caesarstone quartz counter tops, gas cooking, KitchenAid stainless steel appliances, tiled bathroom with soaking tub, Nest thermostat, and vented GE washer/dryer. This professionally managed building includes a fitness room, bicycle rack, solar lounge, and roof terrace with skyline views of Boston. Located in a vibrant Union Sq., steps from restaurants, cafes & markets. Minutes to shopping, theaters, downtown Boston and Somerville's Assembly Row. Easy access to public transportation and major highways. 197 Union Sq. is a dynamic neighborhood filled with convenience and sophistication. Don't miss out on this new chic address. Come LIVE IT at 197 Union

Last Agent to Sell the Property

Michael Moynihan

The Collaborative Companies Listed on: 08/09/2016

Last Buyer's Agent

Deb Zion

Kensington Real Estate Brokerage

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,341

Year Built

2016

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Top/Penthouse, Corner, Back
  • 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, Medical Facility, Bike Path, Highway Access, Public School
  • Flooring: Tile, Wall to Wall Carpet, 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

  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Garage Parking: Carport
  • Garage Spaces: 1
  • Parking Spaces: 1

Utilities

  • Cooling: Heat Pump, Individual, Unit Control
  • Heating: Forced Air, Gas, Electric, Individual, Unit Control, Fan Coil
  • 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, Reserve Funds
  • Association Security: Intercom, Other (See Remarks)
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 30
  • Unit Building: 405

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Nov 23, 2016
Sold by
197 Washington St Llc
Bought by
Weichi-Go Brian
Seller's Agent
Michael Moynihan
The Collaborative Companies
Buyer's Agent
Deb Zion
Kensington Real Estate Brokerage
List Price
$720,000
Sold Price
$690,000
Premium/Discount to List
-$30,000
-4.17%
Current Estimated Value
$1,030,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,597
Avg. Annual Appreciation
4.35%
Original Mortgage
$476,000
Interest Rate
3.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weichi-Go Brian $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weichi-Go Brian $306,000
Closed Go Brian W $313,000
Closed Weichi-Go Brian $138,000
Closed Weichi-Go Brian $345,000
Closed Weichi-Go Brian $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $690,000 -1.3% $655 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
08/10/2016 08/10/16 Price Changed $699,000 -2.9% $663 / Sq Ft
08/09/2016 08/09/16 For Sale $720,000 -- $683 / 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 $9,341 $856,200 $0 $856,200
2024 $9,007 $856,200 $0 $856,200
2023 $8,778 $848,900 $0 $848,900
2022 $8,253 $810,700 $0 $810,700
2021 $8,084 $793,300 $0 $793,300
2020 $8,011 $794,000 $0 $794,000
2019 $8,699 $808,500 $0 $808,500
2018 $7,777 $687,600 $0 $687,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72050640

MLS Property Information Network (MLS PIN)

APN: SOME-81 A 12 405