NOT LISTED FOR SALE

197 Washington St Unit 406 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,064,484 - $1,120,000

2 Beds
2 Baths
1,178 Sq Ft
2016 Built

Last Sold May 16, 2016

Last sale price $783,000 $665 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,777/month

11 Days on Market

About This Home

As of May 2016

Come LIVE IT at 197 Union Sq. New construction, 30 one and two bedroom residences in professionally managed building. Sleek open floor plans with large windows, wide plank hardwood flooring, and state-of-the-art kitchens with Caesarstone quartz counter tops, gas cooking, stainless steel appliances, tiled baths with soaking tubs, nests thermostats, and vented GE washer/dryer. On-site fitness room, bike storage, solar lounge and roof terrace with skyline views. Located in a vibrant Union Sq., steps from restaurants, coffee shops, markets. Minutes to schools, malls, theaters. 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. Parking and storage lockers available for purchase. Come LIVE IT at 197 Union Sq.

Last Agent to Sell the Property

Barbara Mihalko

Advisors Living - Boston Listed on: 09/09/2015

Advisors Living - Boston

Last Buyer's Agent

Barbara Mihalko

Advisors Living - Boston Listed on: 09/09/2015

Advisors Living - Boston

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,809

Year Built

2016

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Middle, Back
  • Property Type: Condominium/Co-Op
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Handicap Access: 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, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School
  • Flooring: Tile, Wall to Wall Carpet, Marble, Engineered Hardwood
  • Insulation: Fiberglass
  • 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 - Wall to Wall Carpet
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Garage Parking: Detached, Carport
  • Parking: Available for Purchase
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas, Electric, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • 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
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 30
  • Unit Building: 406

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Brennan Kelly
Bought by
Kelly Brennan Lt
Current Estimated Value
$1,095,871

Purchase Details

Closed on
Dec 3, 2020
Sold by
Smith Ralph L and Johnson Keane B
Bought by
Brennan Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 9, 2015
Closed on
May 17, 2016
Sold by
197 Washington Street
Bought by
Smith Ralph L and Johnson Keane B
Seller's Agent
Barbara Mihalko
Advisors Living - Boston
Buyer's Agent
Barbara Mihalko
Advisors Living - Boston
List Price
$836,500
Sold Price
$783,000
Premium/Discount to List
-$53,500
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$626,400
Interest Rate
3%
Mortgage Type
Commercial
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
Kelly Brennan Lt -- None Available
Brennan Kelly $912,500 None Available
Smith Ralph L $783,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brennan Kelly $730,000
Previous Owner Smith Ralph L $626,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $783,000 -6.4% $665 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $836,500 -- $710 / 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 $9,809 $899,100 $0 $899,100
2024 $9,459 $899,100 $0 $899,100
2023 $9,218 $891,500 $0 $891,500
2022 $8,666 $851,300 $0 $851,300
2021 $8,489 $833,100 $0 $833,100
2020 $8,413 $833,800 $0 $833,800
2019 $6,367 $848,900 $0 $848,900
2018 $8,125 $718,400 $0 $718,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71903419

MLS Property Information Network (MLS PIN)

APN: SOME-81 A 12 406