Joan Bissdorf
Responds Quickly
Keller Williams Realty
(781) 776-5511
61 Total Sales
1 in Ball Square
$1,150,000 Price
218 Willow Ave Somerville, MA 02144
Ball Square NeighborhoodEstimated Value: $1,700,500
7
Beds
2.5
Baths
3,281
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- Living Room
- Forced Air Heating System
- Level Lot
- Somerville High School Rated A-
- Dining Room
About This Home
As of April 2024Prime Investment Opportunity! This meticulously maintained Philadelphia-style two-family home on Willow Ave is ideally situated steps to Ball Square and between Davis Square and Tufts University and only .2 miles from Ball Square Green Line train station. Boasting a total of 7 bedrooms and 2.5 bathrooms, this property offers ample space for comfortable living. Each unit features updated kitchens and bathrooms, freshly painted ensuring modern convenience. With front and back decks, parking, and a spacious backyard, this property is perfect for outdoor enjoyment. Unit 1 comprises 3 bedrooms and 1 bathroom (just renovated), while Unit 2 offers 4 bedrooms and 1.5 bathrooms. Don't miss out on this fantastic opportunity to own a versatile and income-generating property in a highly sought-after location!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,160
Year Built
- Built in 1905
Lot Details
- 4,250 Sq Ft Lot
- Level Lot
Home Design
- Block Foundation
Interior Spaces
- 3,281 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Parking Spaces
- Common or Shared Parking
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $3,400
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 750219
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $3,000
- Water Sewer Expense $2,400
- Operating Expense $2,400
- Net Operating Income $38,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Apr 3, 2024
Sold by
Iovieno Thomas J
Bought by
Seller's Agent
Scarlett Tamburro
Compass
Buyer's Agent
Rory Payson
Payson Realty
List Price
$1,699,900
Sold Price
$1,907,000
Premium/Discount to List
$207,100
12.18%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,500
Avg. Annual Appreciation
-4.57%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ball Square, MA
-
Joan Bissdorf
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
46 Total Sales
1 in Ball Square
$1,500,000 Price
-
Rachel Hillman Foy
Rachel Hillman Foy
Hillman Homes
(774) 806-8325
136 Total Sales
1 in Ball Square
$1,350,000 Price
-
Georgia Balafas
Georgia Balafas
Corcoran Property Advisors
(781) 645-4693
54 Total Sales
1 in Ball Square
$1,176,000 Price
-
James Duffer
James Duffer
RISE REC
(401) 681-8732
163 Total Sales
1 in Ball Square
$1,000,000 Price
-
Amy Kirsch
Amy Kirsch
Leading Edge Real Estate
(857) 240-2151
66 Total Sales
1 in Ball Square
$1,085,200 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,907,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $390,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $1,907,000 | +12.2% | $581 / Sq Ft |
| 03/03/2024 03/03/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $1,699,900 | -- | $518 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,805 | $1,357,000 | $738,800 | $618,200 |
| 2024 | $14,160 | $1,346,000 | $738,800 | $607,200 |
| 2023 | $13,487 | $1,304,400 | $738,800 | $565,600 |
| 2022 | $12,696 | $1,247,200 | $703,600 | $543,600 |
| 2021 | $12,347 | $1,211,700 | $698,500 | $513,200 |
| 2020 | $11,925 | $1,181,900 | $699,000 | $482,900 |
| 2019 | $11,300 | $1,050,200 | $636,300 | $413,900 |
| 2018 | $10,642 | $940,900 | $578,500 | $362,400 |
| 2017 | $11,622 | $893,900 | $545,700 | $348,200 |
| 2016 | $10,079 | $804,400 | $487,300 | $317,100 |
| 2015 | $9,638 | $764,300 | $450,100 | $314,200 |
Source: Public Records
Agents Affiliated with this Home
-
Scarlett Tamburro
Seller's Agent in 2024
Scarlett Tamburro
Compass
(617) 281-2911
1 in this area
45 Total Sales
-
Rory Payson
RP
Buyer's Agent in 2024
Rory Payson
Payson Realty
(617) 947-7910
2 in this area
45 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73206736
APN: SOME-000023-C000000-000011
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.
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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