NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,660,358

5 Beds
3 Baths
3,058 Sq Ft
$420/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $685,000 $224 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,892/month

13 Days on Market

About This Home

As of September 2017

Large and sturdy 2-family in excellent Magoun Square Neighborhood at an unheard of low price! Lots of space and two curb cuts (one driveway, one garage!) Walking distance to bike path. Now for the fine print: No representations made regarding the condition of the house, which is offered strictly in AS IS condition to cash buyers and buyers with proof of funds or with a bank letter of credit independent of the purchase of the property. Property is not financeable via conventional financing and no offers relying on such financing will be considered. Property is a tax sale and under the jurisdiction of a court-appointed conservator, who will need to obtain a license to sell. Property is currently deemed uninhabitable by Somerville's building department and has been condemned as unfit for human habitation. All utilities are off and the function of plumbing and heat is unknown. Wiring has been deemed to be non-functioning. No smoke/co detector certificates will be provided to buyer.

Last Agent to Sell the Property

Thomas Von Zabern

Historical Homes Listed on: 05/03/2017

Last Buyer's Agent

Manish Kumar

Maven Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,340

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Basement: Full, Garage Access
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: AN1753
  • Main So: NB9077
  • Estimated Sq Ft: 3058.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:49 B:G L:13
  • Zoning: RA
  • Acre: 0.06
  • Lot Size: 2661.00

Multi Family

  • Foundation: Irregular
  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 14
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Sep 15, 2017
Sold by
Ring Michael J and Moreira Steve
Bought by
Lacourt Foundation Llc
Seller's Agent
Thomas Von Zabern
Historical Homes
Buyer's Agent
Manish Kumar
Maven Realty
List Price
$495,000
Sold Price
$685,000
Premium/Discount to List
$190,000
38.38%
Current Estimated Value
$1,284,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,840
Avg. Annual Appreciation
9.92%
Original Mortgage
$479,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2009
Sold by
Moreira Rt and Moreira Steve
Bought by
Moreira Steve
Source: Public Records

Range of Values:

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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
Lacourt Foundation Llc $685,000 --
Moreira Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacourt Foundation Llc $910,000
Closed Lacourt Foundation Llc $479,500
Previous Owner Moreira Steve $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $685,000 +38.4% $224 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $495,000 -- $162 / 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 $11,340 $1,039,400 $360,200 $679,200
2024 $10,807 $1,027,300 $360,200 $667,100
2023 $10,152 $981,800 $360,200 $621,600
2022 $9,572 $940,300 $343,000 $597,300
2021 $9,076 $890,700 $326,700 $564,000
2020 $8,523 $844,700 $314,100 $530,600
2019 $7,763 $721,500 $266,700 $454,800
2018 $7,166 $633,600 $257,200 $376,400
2017 $7,021 $601,600 $239,900 $361,700
2016 $6,725 $536,700 $207,400 $329,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72157396

MLS Property Information Network (MLS PIN)

APN: SOME-000049-G000000-000013