Seller's Agent in 2024
Nathan Long
Coldwell Banker Realty - Cambridge
(617) 821-5889
1 in this area
34 Total Sales
220 Summer St Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,759,000 - $1,904,000
8
Beds
4
Baths
3,376
Sq Ft
$540/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit and schools
- Wood Flooring
- Somerville High School Rated A-
- Post and Beam
- 2-minute walk to Morse-Kelley Playground
About This Home
As of October 2024Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don’t miss out the opportunity
Last Agent to Sell the Property
Coldwell Banker Realty - Cambridge Listed on: 08/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,409
Year Built
- Built in 1886
Lot Details
- 3,049
Home Design
- Post and Beam
- Stone Foundation
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 3,376 Sq Ft Home
- 2 Fireplaces
- Wood Burning Fireplace
- Combination Dining and Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Freezer
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
- Porch
Utilities
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
- 110 Volts
Additional Features
- 3,049 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $9,900
- Rent includes unit 1(water), unit 2(heat water), unit 3(heat water)
- Assessor Parcel Number 752889
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- Shops
- Net Operating Income $117,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2019
Closed on
Jan 2, 2020
Sold by
Amara Ft
Bought by
Amara Ft
Seller's Agent
Judith Conley
Coldwell Banker Realty - Arlington
Buyer's Agent
Siyin Qu
eXp Realty
List Price
$1,549,000
Sold Price
$1,260,000
Premium/Discount to List
-$289,000
-18.66%
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
$561,556
Avg. Annual Appreciation
6.28%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amara Ft | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $1,825,000 | -1.4% | $541 / Sq Ft | |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- | |
| 08/22/2024 08/22/24 | For Sale | $1,850,000 | +46.8% | $548 / Sq Ft | |
| 01/07/2020 01/07/20 | Sold | $1,260,000 | -13.7% | $373 / Sq Ft | View Prior Sale |
| 09/14/2019 09/14/19 | Pending | -- | -- | -- | |
| 07/26/2019 07/26/19 | Price Changed | $1,460,000 | -5.7% | $432 / Sq Ft | |
| 06/28/2019 06/28/19 | For Sale | $1,549,000 | -- | $459 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $13,063 | $1,197,300 | $459,600 | $737,700 |
| 2024 | $12,258 | $1,165,200 | $459,600 | $705,600 |
| 2023 | $11,982 | $1,158,800 | $459,600 | $699,200 |
| 2022 | $11,442 | $1,124,000 | $437,700 | $686,300 |
| 2021 | $9,008 | $884,000 | $416,900 | $467,100 |
| 2020 | $8,440 | $836,500 | $400,900 | $435,600 |
| 2019 | $7,787 | $723,700 | $348,600 | $375,100 |
| 2018 | $7,142 | $631,500 | $316,900 | $314,600 |
| 2017 | $7,048 | $603,900 | $299,000 | $304,900 |
| 2016 | $7,034 | $561,400 | $273,400 | $288,000 |
| 2015 | $7,267 | $576,300 | $272,000 | $304,300 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Long
-
Sage Jankowitz
Buyer's Agent in 2024
Sage Jankowitz
Cambridge Sage Inc.
(617) 833-7457
5 in this area
74 Total Sales
-
Judith Conley
J
Seller's Agent in 2020
Judith Conley
Coldwell Banker Realty - Arlington
10 Total Sales
-
Siyin Qu
Buyer's Agent in 2020
Siyin Qu
eXp Realty
(888) 854-7493
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73280900
APN: SOME-000038-A000000-000041
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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