NOT LISTED FOR SALE

Estimated Value: $1,306,000

4 Beds
2 Baths
2,700 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $949,000 $351 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,782/month

6 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 3-minute walk to Morse-Kelley Playground
  • Somerville High School Rated A-

About This Home

As of November 2018

Amazing opportunity for developers, investors, or handy end users with vision, this classic two-family in a terrific location offers urban living at its best. Situated on the corner of Summer and Porter Streets, this property boasts a Walk Score of 84 (very walkable) and a Transit Score of 84 (excellent transit). Unit 1 has four rooms, one bedroom, one bathroom and unit 2 features seven rooms, three to four bedrooms and one bathroom. High ceilings, updated electric, wood floors, off-street parking and lots of potential. Walking distance to both Porter and Davis Squares, public transportation and shops & restaurants. Property will be delivered vacant. Showings only during designated times.

Last Agent to Sell the Property

Linda Montieth

North Star RE Agents, LLC Listed on: 10/04/2018

Last Buyer's Agent

Linda Montieth

North Star RE Agents, LLC Listed on: 10/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,298

Year Built

  • Built in 1905

Lot Details

  • 3,920

Additional Features

  • Wood Flooring
  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 B:G L:29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,298

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 351.48
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN4643
  • Main So: AN4643
  • Estimated Sq Ft: 2700.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Bike Path, T-Station

Lot Info

  • Assessments: 573000.00
  • Acre: 0.09
  • Lot Size: 3709.00
  • Page: 118
  • Parcel Number: M:35 B:G L:29
  • Zoning: RB
  • Lot Description: Corner

Multi Family

  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6481.00
  • Assessor Parcel Number: 752537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Cut Nail Rebuilders Llc
Bought by
Tato Joseph A and Tato Emily L
Current Estimated Value
$1,306,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2020
Sold by
Cut Nail Rebuilders Llc
Bought by
Finer Marissa I and Wagner Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 12, 2018
Sold by
Berrigan John C and Murphy John F
Bought by
Cut Nail Rebuilders Llc
Seller's Agent
Linda Montieth
North Star RE Agents, LLC
Buyer's Agent
Linda Montieth
North Star RE Agents, LLC
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,000,000
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 7, 2009
Sold by
Richard J Re
Bought by
Louise A Re
Source: Public Records

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
Finer Marissa I $1,145,000 None Available
Cut Nail Rebuilders Llc -- --
Louise A Re -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tato Joseph A $800,000
Previous Owner Finer Marissa I $687,000
Previous Owner Cut Nail Rebuilders Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $949,000 0.0% $351 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $949,000 -- $351 / 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
2023 $10,298 $995,900 $436,600 $559,300
2022 $10,138 $995,900 $436,600 $559,300
2021 $10,148 $995,900 $436,600 $559,300
2020 $3,750 $946,000 $419,800 $526,200
2019 $3,641 $629,800 $365,000 $264,800
2018 $6,481 $573,000 $331,900 $241,100
2017 $6,358 $544,800 $313,100 $231,700
2016 $6,230 $497,200 $286,300 $210,900
2015 $6,228 $493,900 $284,800 $209,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72405884

MLS Property Information Network (MLS PIN)

APN: SOME-000035-G000000-000029