NOT LISTED FOR SALE

Estimated Value: $1,850,000 - $2,463,000

9 Beds
3 Baths
4,479 Sq Ft
$466/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $1,025,000 $229 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $12,715/month

55 Days on Market

About This Home

As of December 2013

Extremely large three-family between Porter and Union Squares in impeccable condition. The whole house has over 4,400 square feet of living space with a driveway, small yard and storage shed. Each unit has three bedrooms and features high ceilings, large rooms, hardwood floors, bay windows and pantries off the kitchen. There are back porches for all three units that span the width of the house. Updates include circuit breakers, roof approximately 10 years old, and one of the heating systems. This property has potential for a condominium conversion, great long term investment or end-user looking to occupy one of the units. Just off Somerville Avenue with good access to public transit, shops and vibrant parts of Somerville and Cambridge.

Last Agent to Sell the Property

Max Dublin

Gibson Sotheby's International Realty Listed on: 09/11/2013

Gibson Sotheby's International Realty

Last Buyer's Agent

Tony Madan

Boston Investments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,295

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full

Exterior Features

  • Roof: Rubber
  • Exterior: Aluminum
  • Exterior Features: Porch, Storage Shed
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Hot Water: Oil, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Dec 5, 2013
Sold by
Pimentel Jennifer and Pimentel Paul
Bought by
Cherry Street Llc
Seller's Agent
Max Dublin
Gibson Sotheby's International Realty
Buyer's Agent
Tony Madan
Boston Investments
List Price
$875,000
Sold Price
$1,025,000
Premium/Discount to List
$150,000
17.14%
Current Estimated Value
$2,085,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,060,993
Avg. Annual Appreciation
6.09%
Original Mortgage
$820,000
Outstanding Balance
$611,925
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,474,068

Purchase Details

Closed on
May 9, 2005
Sold by
Pimentel John M
Bought by
Pimentel Jennifer and Pimentel John M
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
Cherry Street Llc $1,025,000 --
Pimentel Jennifer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Street Llc $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2013 12/05/13 Sold $1,025,000 +17.1% $229 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $875,000 -- $195 / 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 $21,295 $1,951,900 $572,100 $1,379,800
2024 $19,899 $1,891,500 $572,100 $1,319,400
2023 $19,402 $1,876,400 $572,100 $1,304,300
2022 $18,568 $1,824,000 $544,900 $1,279,100
2021 $17,086 $1,676,700 $518,900 $1,157,800
2020 $16,717 $1,656,800 $499,000 $1,157,800
2019 $15,601 $1,449,900 $433,900 $1,016,000
2018 $12,906 $1,141,100 $394,400 $746,700
2017 $12,615 $1,081,000 $372,100 $708,900
2016 $11,110 $886,700 $272,300 $614,400
2015 $10,343 $820,200 $270,800 $549,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71581746

MLS Property Information Network (MLS PIN)

APN: SOME-000052-D000000-000022