NOT LISTED FOR SALE

205 Washington St Unit 1 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $700,475 - $923,000

2 Beds
2 Baths
934 Sq Ft
1900 Built

Sale Details

Date Sold: August 12, 2014

Last sale price $516,000 $552 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,767 / mo

21 Days on Market

About This Home

As of August 2014

Contemporary 2 bed/ 2 full bath unit with 2 car parking, located in the heart of burgeoning Union Square, is just moments away from extensive Fine dining & nightlife and within 1/4 mile of two future Green Line stations (Prospect & Brickbottom/Washington). The unit offers an open floor plan with bamboo flooring throughout, central A/C, in-unit washer/dryer, and a Paloma heat and glo fireplace. The Chef's kitchen features all stainless steel appliances, gas cooking and granite countertops. Master bedroom is highlighted by an en-suite bath featuring a massive double shower and a walk-in closet. All this and a huge private outdoor patio that is enclosed by bamboo fencing. Showings will begin at Open House Saturday (6/14) 1:30-3pm and Sunday (6/15) 11am-12:30pm.

Last Agent to Sell the Property

Jim Glennon

Legacy Homes & Estates License #449544595 Listed on: 06/11/2014

Last Buyer's Agent

Bernadine Tsung Megason

Dreamega International Realty LLC

Property Details

Home Type

Condominium

Year Built

1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Bamboo
  • Insulation: Full
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Masonite
  • Exterior Unit Features: Patio - Enclosed

Garage/Parking

  • Parking: Off-Street, Tandem, Assigned, Deeded
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Condominium Name: The Union Terrace Condominiums
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 8
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 12, 2014
Sold by
Merlo Guillermo J and Lerda Maria F
Bought by
Stav Meryl
Seller's Agent
Jim Glennon
Legacy Homes & Estates
Buyer's Agent
Bernadine Tsung Megason
Dreamega International Realty LLC
List Price
$465,000
Sold Price
$516,000
Premium/Discount to List
$51,000
10.97%
Current Estimated Value
$803,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,869
Avg. Annual Appreciation
3.87%
Original Mortgage
$400,000
Outstanding Balance
$305,341
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$498,528

Purchase Details

Listed on
Sep 28, 2011
Closed on
Jan 6, 2012
Sold by
Robbins Kimberly and Correia Shawn
Bought by
Merlo Guillermo J and Lerda Maria F
Seller's Agent
Gail Roberts
Coldwell Banker Realty - Cambridge
Buyer's Agent
Shahani Real Estate Team
Compass
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
May 1, 2007
Sold by
Cafasso Properties Llc
Bought by
Robbins Kimberly and Correia Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,800
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stav Meryl $516,000 --
Merlo Guillermo J $370,000 --
Robbins Kimberly $383,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stav Meryl $400,000
Previous Owner Robbins Kimberly $306,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2014 08/12/14 Sold $516,000 0.0% $552 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/18/2014 06/18/14 Off Market $516,000 -- --
06/11/2014 06/11/14 For Sale $465,000 +25.7% $498 / Sq Ft
01/06/2012 01/06/12 Sold $370,000 -2.1% $396 / Sq Ft View Prior Sale
11/21/2011 11/21/11 Pending -- -- --
10/24/2011 10/24/11 Price Changed $378,000 -2.8% $405 / Sq Ft
09/28/2011 09/28/11 For Sale $389,000 -- $416 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,422 $588,600 $0 $588,600
2024 $6,035 $573,700 $0 $573,700
2023 $5,912 $571,800 $0 $571,800
2022 $4,679 $459,600 $0 $459,600
2021 $4,593 $450,700 $0 $450,700
2020 $5,663 $561,200 $0 $561,200
2019 $5,794 $538,500 $0 $538,500
2018 $6,363 $562,600 $0 $562,600
2017 $6,088 $521,700 $0 $521,700
2016 $5,860 $467,700 $0 $467,700
2015 $5,379 $426,600 $0 $426,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Glennon

    Legacy Homes & Estates

  • B

    Buyer's Agent in 2014

    Bernadine Tsung Megason

    Dreamega International Realty LLC

    Section Image
  • Gail Roberts

    Seller's Agent in 2012

    Gail Roberts

    Coldwell Banker Realty - Cambridge

    (627) 245-4044

    44 Total Sales

    Gail Roberts
    Section Image
  • Edmund Feijo

    Seller Co-Listing Agent in 2012

    Edmund Feijo

    Coldwell Banker Realty - Cambridge

    (617) 780-4354

    44 Total Sales

    Edmund Feijo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71696956

MLS Property Information Network (MLS PIN)

APN: SOME-000081-A000000-000015-000001

Massachusetts Middlesex County Somerville 02143 Prospect Hill

205 Washington St Unit 1, Somerville, MA

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