$685,000
SOLD OCT 7, 2016

198 Summer St Unit 1 Somerville, MA 02143

Spring Hill Neighborhood
2 Beds
3 Baths
1,334 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$513 Per Sq Ft

10% Above List Price

9 Days on Market

About This Home

As of April 2021

STUNNING LUXURY DUPLEX IN SOMERVILLE!! This sun-filled 2 bed, 3 bath condo is jaw-dropping. The architectural details throughout this condo really make it a one of a kind property! The stylish kitchen features custom cabinetry, quartz countertops, KitchenAid stainless steel appliances, and a large island with a built-in wine rack and wine cooler. The exquisite details continue with coffered ceilings throughout the kitchen and living area and gorgeous chandeliers in each bedroom. The living area extends into the large finished basement complete with a full bathroom and a wet bar, including a 2nd wine cooler! The unit has Central Air and Heat controlled by a NEST programable thermostat, new electrical, new plumbing, a security system and even a private patio. Located just outside of Porter Square, this condo is a dream! YOU WON'T WANT TO MISS IT!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 08/24/2016

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Callon Walker

eRealty Advisors, Inc.

eRealty Advisors, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,098

Year Built

1885

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1885

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator - Wine Storage
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Electric: 100 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Insulation: Spray Foam
  • Interior Amenities: Security System, Cable Available, Wetbar
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Patio, Fenced Yard, Professional Landscaping

Garage/Parking

  • Parking: Tandem, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter

Condo/Co-op/Association

  • Condominium Name: 198 Summer St
  • Association Fee Includes: Master Insurance, Reserve Funds
  • Management: Owner Association
  • No Units: 2
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:38 B:E L:23
  • Zoning: RB

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 14, 2021
Sold by
Silva-Montero Noel F and Pena-Alcaraz Maria T
Bought by
Lin Daniel
Seller's Agent
Callon Walker
eRealty Advisors, Inc.
Buyer's Agent
James Gulden
Redfin Corp.
List Price
$799,999
Sold Price
$860,000
Premium/Discount to List
$60,001
7.5%
Current Estimated Value
$980,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,410
Avg. Annual Appreciation
2.47%
Original Mortgage
$688,000
Outstanding Balance
$626,538
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,963

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 7, 2016
Sold by
Cond 198 Summer Street
Bought by
Silva-Montero Noel F and Pena-Alcaraz Maria T
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Callon Walker
eRealty Advisors, Inc.
List Price
$624,900
Sold Price
$685,000
Premium/Discount to List
$60,100
9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$548,000
Interest Rate
3.43%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Condominium Deed $860,000 None Available
Not Resolvable $685,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,000 Purchase Money Mortgage
Previous Owner $548,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $860,000 +7.5% $620 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $799,999 +16.8% $577 / Sq Ft
10/07/2016 10/07/16 Sold $685,000 +9.6% $513 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $624,900 -- $468 / 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 $9,098 $833,900 $0 $833,900
2024 $8,600 $817,500 $0 $817,500
2023 $8,345 $807,100 $0 $807,100
2022 $7,913 $777,300 $0 $777,300
2021 $7,755 $761,000 $0 $761,000
2020 $7,438 $737,200 $0 $737,200
2019 $7,692 $714,900 $0 $714,900
2018 $7,790 $688,800 $0 $688,800
Source: Public Records

Agents Affiliated with this Home

  • Callon Walker

    Seller's Agent in 2021

    Callon Walker

    eRealty Advisors, Inc.

    (617) 780-9000

    1 in this area

    34 Total Sales

    Callon Walker
    Section Image
  • Hudson Santana

    Seller's Agent in 2016

    Hudson Santana

    Keller Williams Realty Boston Northwest

    (617) 272-0842

    28 in this area

    510 Total Sales

    Hudson Santana
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72057729

MLS Property Information Network (MLS PIN)

APN: SOME-38 E 23 1

Massachusetts Middlesex County Somerville 02143 Spring Hill

198 Summer St Unit 1, Somerville, MA

This home is located at 198 Summer St Unit 1, Somerville, MA 02143 and is currently priced at $685,000, approximately $513 per square foot. This property was built in 1885. 198 Summer St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

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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