Brian McMahon
Rutledge Properties
(781) 381-4314
30 Total Sales
2 in Spring Hill
$930K - $1.8M Price Range
2 Ivaloo St Somerville, MA 02143
Spring Hill Neighborhood
12
Beds
6
Baths
6,474
Sq Ft
4,459
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Corner Lot
- Somerville High School Rated A-
- Wood Flooring
- 3-minute walk to Palmacci Playground
About This Home
As of September 20222-6A Ivaloo Street is a three story six unit building with 12 total bedrooms and approximately 6,454 +/- sq/ft of living area. This property has been in the same family for decades and has been very well maintained. All separate utilities including 5 Buderus heating systems. All the units have Lead Compliance Certificates. There is a tandem driveway for two cars on the right side of the property. This property offers investors the opportunity to acquire a well located value add, multi family asset in one of the strongest residential submarkets in New England. All leases end August 31, 2022. Four will be vacating which will offer lots of flexibility for the investor. Located lose to Somerville Ave., there are numerous options for public transportation, shopping, dining, entertainment and outdoor recreation areas. Just 2.5 miles to Assembly Row and all its shops and eclectic restaurants.. Buildings like this do not come by often....Don't miss out !!!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,810
Year Built
- Built in 1900
Lot Details
- 4,459 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 6,474 Sq Ft Home
- Insulated Windows
- Window Screens
- Insulated Doors
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Schools
- Somerville Midd Middle School
- Somerville High School
Utilities
- No Cooling
- 6 Heating Zones
- Heating Available
- Separate Meters
- 220 Volts
- Natural Gas Connected
- Tankless Water Heater
Additional Features
- Energy-Efficient Thermostat
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $2
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Legal Lot and Block 0005 / D
- Assessor Parcel Number M:45 B:D L:5,754203
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
- Bike Trail
Building Details
- Net Operating Income $24
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2022
Closed on
Sep 7, 2022
Sold by
Bought by
Seller's Agent
John Bulman
Brad Hutchinson Real Estate
Buyer's Agent
John Bulman
Brad Hutchinson Real Estate
List Price
$2,900,000
Sold Price
$2,900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Hill, MA
-
Brian McMahon
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
38 Total Sales
1 in Spring Hill
$820,000 Price
-
Bart Foster
Bart Foster
Keller Williams Realty Boston-Metro | Back Bay
(857) 856-7950
26 Total Sales
2 in Spring Hill
$308K - $750K Price Range
-
Rhonda Stone
Rhonda Stone
Keller Williams Realty-Merrimack
(978) 850-3159
200 Total Sales
1 in Spring Hill
$1,080,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
51 Total Sales
1 in Spring Hill
$500,000 Price
-
Minka vanBeuzekom
Minka vanBeuzekom
Coldwell Banker Realty - Cambridge
(617) 657-2667
54 Total Sales
3 in Spring Hill
$620K - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,900,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $4,321,580 | ||
| Closed | $1,800,000 | ||
| Closed | $1,800,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $2,900,000 | 0.0% | $448 / Sq Ft |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $2,900,000 | -- | $448 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $35,084 | $3,215,800 | $1,098,300 | $2,117,500 |
| 2024 | $33,763 | $3,209,400 | $1,098,300 | $2,111,100 |
| 2023 | $30,560 | $2,955,500 | $1,098,300 | $1,857,200 |
| 2022 | $27,810 | $2,731,800 | $1,046,000 | $1,685,800 |
| 2021 | $26,048 | $2,556,200 | $996,100 | $1,560,100 |
| 2020 | $24,012 | $2,379,800 | $894,000 | $1,485,800 |
| 2019 | $22,032 | $2,047,600 | $819,000 | $1,228,600 |
| 2018 | $18,633 | $1,647,500 | $744,600 | $902,900 |
| 2017 | $17,534 | $1,502,500 | $702,500 | $800,000 |
| 2016 | $17,031 | $1,359,200 | $702,100 | $657,100 |
| 2015 | $15,808 | $1,253,600 | $647,800 | $605,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Bulman
Seller's Agent in 2022
John Bulman
Brad Hutchinson Real Estate
(781) 252-2202
1 in this area
59 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73000511
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.
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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