NOT LISTED FOR SALE

201 Tremont St Unit 2 Somerville, MA 02143

Ward Two Neighborhood

Estimated Value: $871,000 - $966,000

3 Beds
2 Baths
1,064 Sq Ft
$849/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $625,000 $587 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,736/month

About This Home

As of March 2016

Gorgeous turnkey condos with steps to Inman Sq and Union Sq. Easy access to Davis and Porter Sq. Entertain with ease in these bright open concept kitchens. All Kitchens feature ample soft-close custom cabinetry and granite countertops. All stainless steel appliances including washer and dryer in each unit. A fenced-in yard with exclusive off-street parking. All new vinyl siding and new windows. Quick stroll to shops and restaurants. All pictures are from the previous sale and redfin.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 17, 2016
Sold by
Kta Construction Llc
Bought by
Lin Peng and Cai Mi
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Non Member
Non Member Office
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$903,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,117
Avg. Annual Appreciation
4.06%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lin Peng $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Peng $449,000
Closed Lin Peng $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Rented -- -- --
02/09/2022 02/09/22 Under Contract -- -- --
12/15/2021 12/15/21 For Rent $3,700 0.0% --
03/16/2016 03/16/16 Sold $625,000 +4.3% $587 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $599,000 -- $563 / Sq Ft

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 $8,237 $755,000 $0 $755,000
2024 $7,737 $735,500 $0 $735,500
2023 $7,538 $729,000 $0 $729,000
2022 $7,289 $716,000 $0 $716,000
2021 $7,149 $701,600 $0 $701,600
2020 $6,935 $687,300 $0 $687,300
2019 $7,088 $658,700 $0 $658,700
2018 $6,910 $611,000 $0 $611,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patrick Yuan

    Dreamega International Realty LLC

    38 Total Sales

    Patrick Yuan
    Section Image
  • Derek Greene

    Seller's Agent in 2016

    Derek Greene

    The Greene Realty Group

    (860) 560-1006

    2,904 Total Sales

    Derek Greene
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    Non Member Office

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Map

Massachusetts Middlesex County Somerville 02143 Ward Two

201 Tremont St Unit 2, Somerville, MA

This home is located at 201 Tremont St Unit 2, Somerville, MA 02143 and is currently estimated at $903,117, approximately $848 per square foot. 201 Tremont St Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter 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.

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