GB
Greater Boston Home Team
Greater Boston Home Buying
(857) 290-5645
83 Total Sales
1 in Davis Square
$885,000 Price
20 Cutter Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,725,937
8
Beds
2
Baths
2,706
Sq Ft
$638/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit and schools
- Jogging Path
- Shops
About This Home
As of April 2022Serious and seasoned investors! Sale by a conservator. Subject to license to sell. Amazing Location! Right around the corner from Davis Sq! Investors! Come check out this 2 family house with 8 bedrooms! Renovated 3 Bedroom unit on the first floor with an updated kitchen with stainless steel appliances and granite counter tops. (Previous tenant paid $3300 per month)(one of the bedroom has a stand alone closet). 2nd Floor unit has two floors of living space (floors 2 and 3) and 5 bedrooms (2 bedrooms on the second fl and 3 bedrooms on the 3rd fl). Second and third floor need to be gut renovated but has great potential for rental income once you finish. 1st FL lease expires on 8/31/22.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,139
Year Built
- Built in 1920
Lot Details
- 3,485 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,706 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- 2 Heating Zones
- Heating Available
- 110 Volts
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,300
- Rent includes unit 1(water)
- Assessor Parcel Number M:25 B:A L:14,750448
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $27,600
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
Dec 2, 2021
Closed on
Apr 11, 2022
Sold by
Bought by
Seller's Agent
Eunmi Lee
Eunmi Lee
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,937
Avg. Annual Appreciation
5.87%
Original Mortgage
$810,000
Outstanding Balance
$753,502
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$972,435
Purchase Details
Closed on
Oct 4, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Davis Square, MA
-
Greater Boston Home Team
-
Patricia Mazza
Patricia Mazza
Patricia Mazza Real Estate
(857) 837-7412
7 Total Sales
1 in Davis Square
$1,285,000 Price
-
The Young Group
The Young Group
Leopold & McMasters Realty
(339) 333-8140
74 Total Sales
1 in Davis Square
$645,000 Price
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
38 Total Sales
1 in Davis Square
$1,250,000 Price
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
111 Total Sales
1 in Davis Square
$700,000 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in Davis Square
$1,900,000 Price
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 |
|---|---|---|---|
| $1,350,000 | 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 | $810,000 | ||
| Previous Owner | $750,000 |
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 |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $1,350,000 | 0.0% | $499 / Sq Ft |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- |
| 12/13/2021 12/13/21 | Off Market | $1,350,000 | -- | -- |
| 12/02/2021 12/02/21 | For Sale | $1,450,000 | -- | $536 / 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 | $17,243 | $1,580,500 | $687,800 | $892,700 |
| 2024 | $11,033 | $1,048,800 | $687,800 | $361,000 |
| 2023 | $12,158 | $1,175,800 | $687,800 | $488,000 |
| 2022 | $11,442 | $1,124,000 | $655,000 | $469,000 |
| 2021 | $11,139 | $1,093,100 | $650,300 | $442,800 |
| 2020 | $10,770 | $1,067,400 | $650,700 | $416,700 |
| 2019 | $10,218 | $949,600 | $592,300 | $357,300 |
| 2018 | $9,530 | $842,600 | $538,500 | $304,100 |
| 2017 | $8,919 | $764,300 | $508,000 | $256,300 |
| 2016 | $8,608 | $687,000 | $453,600 | $233,400 |
| 2015 | $8,200 | $650,300 | $419,000 | $231,300 |
Source: Public Records
Agents Affiliated with this Home
-
Eunmi Lee
Seller's Agent in 2022
Eunmi Lee
Eunmi Lee
(617) 388-7734
1 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72924507
APN: SOME-000025-A000000-000014
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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