NOT LISTED FOR SALE

229 Summer St Unit 1 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,217,000 - $1,427,684

3 Beds
2 Baths
1,724 Sq Ft
$200/mo HOA Fee

Last Sold August 18, 2020

Last sale price $1,095,000 $635 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,580/month

1 Day on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Morse-Kelley Playground
  • Somerville High School Rated A-

About This Home

As of August 2020

Cut Nail Rebuilders is offering its latest restoration project for sale. Perched proudly on the edge of Spring Hill the layout of this bright and spacious home has been modified to reflect modern living while retaining the elegance of a gracious Victorian city residence. Enjoy the benefits of new construction, energy efficiency and exceptional craftsmanship throughout. Anchored by a custom crafted kitchen and surrounded by attention to detail that you will only find in a Cut Nail Rebuilder’s project. With three bedrooms and two full baths, Unit 1 offers 1724 sq. ft. over two levels in a two unit building. Deeded outdoor space includes a generous, by city standards, backyard, patio, raised beds and deck space. One off-street parking space and a quick nine minute walk to the Porter Square Red Line puts you close to everything Somerville and the city have to offer. Showings by appointment only.

Last Listed By

Michael Albano

Metropolitan Boston Real Estate, LLC Listed on: 06/11/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,129

Year Built

  • Built in 1905

HOA Fees

  • $200 per month

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Laundry in unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,129

Year Built

Built in 1905

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 635.15
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • No Rooms: 6
  • Laundry Features: In Unit
  • No Living Levels: 2
  • Main Lo: AC2186
  • Main So: AC2186
  • Estimated Sq Ft: 1724.00

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Private School, Public School, T-Station
  • HOA Fees: 200.00
  • Association Fee Includes: Master Insurance, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 9999999.00
  • Page: 00
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 99999.00
  • Assessor Parcel Number: 752537
  • Tax Year: 9999

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 12, 2020
Sold by
Cut Nail Rebuilders Llc
Bought by
Tato Joseph A and Tato Emily L
Seller's Agent
Michael Albano
Metropolitan Boston Real Estate, LLC
Buyer's Agent
Michael Albano
Metropolitan Boston Real Estate, LLC
List Price
$1,095,000
Sold Price
$1,095,000
Total Days on Market
1
Current Estimated Value
$1,329,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,171
Avg. Annual Appreciation
2.20%
Original Mortgage
$800,000
Outstanding Balance
$726,871
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$486,582

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
Tato Joseph A $1,095,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tato Joseph A $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $1,095,000 0.0% $635 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,095,000 -- $635 / 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 $12,129 $1,111,700 $0 $1,111,700
2024 $11,195 $1,064,200 $0 $1,064,200
2023 $10,866 $1,050,900 $0 $1,050,900
2022 $10,389 $1,020,500 $0 $1,020,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Albano

    Seller's Agent in 2020

    Michael Albano

    Metropolitan Boston Real Estate, LLC

    (617) 425-6300

    1 in this area

    14 Total Sales

    Michael Albano
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72671706

MLS Property Information Network (MLS PIN)

APN: SOME M:35 B:G L:29 U:1

Massachusetts Middlesex County Somerville 02143 Spring Hill

229 Summer St Unit 1, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 229 Summer St Unit 1, Somerville, MA 02143 since 11 June 2020 and is currently estimated at $1,329,171, approximately $770 per square foot. This property was built in 1905. 229 Summer St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Wild Rose Montessori 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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