NOT LISTED FOR SALE

214 Highland Ave Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,470,000 - $1,637,000

6 Beds
3 Baths
3,305 Sq Ft
$477/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $1,580,000 $478 Per Sq Ft

Current estimated payment $9,324/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Somerville High School Rated A-
  • Home Office
  • 3-minute walk to Bailey Park

About This Home

As of August 2024

This large 3-family home,in one of Somerville’s most desirable neighborhoods,has been meticulously maintained & cared for by the same owner for 45+ years. A 93 WalkScore & 91 BikeScore make this property a prime location just minutes away from Union Square, Porter Square, Davis Square, shopping, restaurants, & so much more! This location is a commuter’s dream! Hop on the Lechmere line bus stop just steps from your front door, take a short walk to the Green Line extension at Magoun Square, or be on your way to Route 93 in minutes! This home has 1900s charm & character w/beautiful moldings & arched doorways/entryways blended w/updates & modern-day touches. Each unit is well-laid out w/2 beds, 1 full bath, eat-in kitchen & living room. Outdoor features include a 2-car driveway, 2 front porches & a rear common fenced-in yard. Whether you are searching for an investment property or would like to make this your new home, this property yields excellent revenue for both the investor or owner.

Last Agent to Sell the Property

Christine Hrenko

East Center Realty, Inc. Listed on: 07/10/2024

Co-Listed By

Matthew Hrenko

East Center Realty, Inc.

Last Buyer's Agent

Jason Manganello

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,280

Year Built

  • Built in 1900

Lot Details

  • 3,399 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex

Interior Spaces

  • 3,305 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Range
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $4,400
  • Rent includes unit 1(heat hot water), unit 3(heat water)
  • Assessor Parcel Number M:43 B:A L:3,753767

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,280

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.0%
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Walk-Out Access
  • Living Area: 3305
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC0463
  • LIST PRICE PER Sq Ft: 484.11
  • PRICE PER Sq Ft: 478.06
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 3(Heat,Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:43 B:A L:3,753767
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3399
  • Lot Size Units: Acres
  • PAGE: 193
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11280
  • Tax Book Number: 82959

Multi Family

  • Gross Income: 52800
  • Net Operating Income: 52800
  • Number Of Units Total: 3
  • Total Actual Rent: 4400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palmer Joseph M $1,106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $1,580,000 -1.3% $478 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,600,000 -- $484 / 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 $11,997 $1,099,600 $468,400 $631,200
2024 $11,280 $1,072,200 $468,400 $603,800
2023 $11,029 $1,066,600 $468,400 $598,200
2022 $10,519 $1,033,300 $446,100 $587,200
2021 $9,725 $954,400 $424,800 $529,600
2020 $9,105 $902,400 $408,500 $493,900
2019 $8,398 $780,500 $355,200 $425,300
2018 $7,686 $679,600 $322,900 $356,700
2017 $3,413 $650,400 $304,700 $345,700
2016 $7,582 $605,100 $278,600 $326,500
2015 $7,508 $595,400 $277,100 $318,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christine Hrenko

    East Center Realty, Inc.

    1 in this area

    7 Total Sales

    Christine Hrenko
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Matthew Hrenko

    East Center Realty, Inc.

    (781) 249-1137

    1 in this area

    3 Total Sales

    Matthew Hrenko
    Section Image
  • Jason Manganello

    Buyer's Agent in 2024

    Jason Manganello

    William Raveis R.E. & Home Services

    (617) 877-5694

    2 in this area

    17 Total Sales

    Jason Manganello
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73262386

MLS Property Information Network (MLS PIN)

APN: SOME-000043-A000000-000003

Massachusetts Middlesex County Somerville 02143 Spring Hill

214 Highland Ave, Somerville, MA

This home is located at 214 Highland Ave, Somerville, MA 02143 since 10 July 2024 and is currently estimated at $1,576,125, approximately $476 per square foot. This property was built in 1900. 214 Highland Ave is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa 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.

MLS Property Information Network (MLS PIN) 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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