NOT LISTED FOR SALE

Estimated Value: $644,000 - $738,000

2 Beds
2 Baths
1,188 Sq Ft
$189/mo HOA Fee

Last Sold March 30, 2018

Last sale price $585,000 $492 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,425/month

7 Days on Market

Highlights

  • Wood Flooring
  • French Doors
  • 1-minute walk to Edward L. Leathers Community Park
  • Somerville High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

Something you can't find easily in Somerville: a spacious and sun-filled condo on a corner lot AND abutting public green space. Located in a vibrant residential area surrounded by artist studios, public transportation, and nearby dining and entertainment, this 2 bedroom, 2 full bathroom unit has windows on all sides letting in loads of natural light. The open, flexible floor plan features a modern kitchen that flows into a dining or living area, with French doors opening onto your private deck that overlooks a park. What is traditionally the living room can easily function as a spare bedroom or office. Hardwood floors throughout, ample closet space, in-unit laundry, central a/c, and a Nest thermostat round out the wonderful features of this home. Located about a mile from Assembly Row and Sullivan Square, on bus routes to Lechmere and Davis Square, and steps away from a future Green Line T stop! Don't miss out on this great value. Open houses: Feb 10th 11:30-1:00 & Feb 11th 12:00-1:30.

Last Agent to Sell the Property

Fayth Cregg

Leading Edge Real Estate Listed on: 02/07/2018

Co-Listed By

Ted Billings

Compass License #455022870

Last Buyer's Agent

Hongmei Wang

HMW Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,402

Year Built

  • Built in 1900

HOA Fees

  • $189 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • French Doors
  • Year Round Access
  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:61 B:D L:10 U:3

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,402

Year Built

Built in 1900

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 462.88
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Yes
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, French Doors
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Second Floor, Bathroom - With Tub & Shower
  • Bathroom 2: On Level: Second Floor, Bathroom - With Shower Stall
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Flooring - Hardwood, Balcony / Deck, French Doors, Breakfast Bar / Nook, Recessed Lighting
  • Kitchen: On Level: Second Floor, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor, Flooring - Hardwood, French Doors
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4643
  • Main So: AN0688
  • Estimated Sq Ft: 1188.00

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Porch, Deck

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • HOA Fees: 189.37
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 222 Pearl St Condominium

Lot Info

  • Assessments: 536000.00
  • Page: 512
  • Parcel Number: M:61 B:D L:10 U:3
  • Zoning: R

Green Features

  • Energy Features: Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6062.00
  • Assessor Parcel Number: 4728620

Multi Family

  • No Units: 4
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 30, 2018
Sold by
Nikolaidis Peter C
Bought by
Zhao Wei
Seller's Agent
Fayth Cregg
Leading Edge Real Estate
Buyer's Agent
Hongmei Wang
HMW Real Estate, LLC
List Price
$549,900
Sold Price
$585,000
Premium/Discount to List
$35,100
6.38%
Current Estimated Value
$705,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,785
Avg. Annual Appreciation
2.51%
Original Mortgage
$438,750
Outstanding Balance
$376,790
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$328,995

Purchase Details

Closed on
Mar 1, 2011
Sold by
Fhlmc
Bought by
Vitas E Zachary E and Vitas Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2010
Sold by
Mundt Flavia and Sovereign Bk
Bought by
Fhlmc

Purchase Details

Closed on
May 30, 2008
Sold by
Moreira Adilson C
Bought by
Mundt Flavia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhao Wei $585,000 --
Vitas E Zachary E $188,000 --
Fhlmc $199,750 --
Mundt Flavia $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Wei $438,750
Previous Owner Vitas E Zachary E $141,000
Previous Owner Mundt Flavia $293,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2018 03/30/18 Sold $585,000 +6.4% $492 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $549,900 0.0% $463 / Sq Ft
08/01/2016 08/01/16 Rented $2,500 0.0% --
07/29/2016 07/29/16 Under Contract -- -- --
07/25/2016 07/25/16 Price Changed $2,500 -3.8% $2 / Sq Ft
07/14/2016 07/14/16 For Rent $2,600 +13.0% --
01/20/2015 01/20/15 Rented $2,300 -4.2% --
01/20/2015 01/20/15 For Rent $2,400 0.0% --
05/01/2012 05/01/12 Sold $315,000 +5.0% $265 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $299,900 -- $252 / 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 $6,402 $586,800 $0 $586,800
2024 $6,013 $571,600 $0 $571,600
2023 $5,858 $566,500 $0 $566,500
2022 $5,664 $556,400 $0 $556,400
2021 $5,556 $545,200 $0 $545,200
2020 $5,388 $534,000 $0 $534,000
2019 $5,506 $511,700 $0 $511,700
2018 $6,062 $536,000 $0 $536,000
2017 $5,595 $479,400 $0 $479,400
2016 $4,888 $390,100 $0 $390,100
2015 $4,509 $357,600 $0 $357,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72278733

MLS Property Information Network (MLS PIN)

APN: SOME-000061-D000000-000010-000003