NOT LISTED FOR SALE

Estimated Value: $1,481,000 - $1,674,000

8 Beds
6 Baths
4,702 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $782,500 $166 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,471/month

69 Days on Market

About This Home

As of July 2015

ATTENTION INVESTORS: MOTIVATED SELLER! Don't miss this opportunity to purchase the largest 3 Family on the market in Somerville for under $900,000! Unit 1 has 4 bedrooms, 1.5 baths. Units 2 & 3 are each bi-level 2 beds with 2 full baths. All units have separate gas utilities. This massive 3 Family is an excellent investment opportunity with easy access to all shops and restaurants in brand new Assembly Square. Easy access to 93, all major highways and downtown Boston. Minutes away from new Green Line extension, Sullivan Square and Assembly T stops. Maintenance free siding, updated vinyl windows, recently redone roof, all heating systems replaced in past 5 years, new hot water heaters and updated circuit breakers. Unit 1 is TAW currently rented for $1,500/mo. Units 2 and 3 will be delivered vacant. Unit 3 was previously rented for $2,500/mo. Property could be generating $8,000+ per month in rent roll! GROUP SHOWING TODAY, 5/12, AT 7PM! Please RSVP to jduval@elevatedboston.com.

Last Agent to Sell the Property

Joshua Wild

Elevated Realty, LLC Listed on: 04/14/2015

Last Buyer's Agent

William Senne

Senne

Senne

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,676

Year Built

1884

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1884

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
  • Electric: 60 Amps/Less
  • Energy: Insulated Windows
  • Flooring: Wall to Wall Carpet, Laminate, Hardwood
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Patio - Enclosed
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jul 22, 2015
Sold by
Lajoie Marcel
Bought by
Goldschneider Property
Seller's Agent
Joshua Wild
Elevated Realty, LLC
Buyer's Agent
William Senne
Senne
List Price
$950,000
Sold Price
$782,500
Premium/Discount to List
-$167,500
-17.63%
Current Estimated Value
$1,540,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,453
Avg. Annual Appreciation
6.74%
Original Mortgage
$767,600
Outstanding Balance
$601,443
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$939,510

Purchase Details

Closed on
Nov 23, 2010
Sold by
Altidor Jeannicia
Bought by
Lajoie Marcel

Purchase Details

Closed on
Oct 28, 2003
Sold by
Sun Albin and Luo Peiyu
Bought by
Altidor Jeannicia and Lajoie Marcel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,100
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1992
Sold by
Fdl Ntl Mtg Assn
Bought by
Sun Albin and Luo Peiyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1992
Sold by
Isidor Yves A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 23, 1991
Sold by
Menkiti Ifeanyi A
Bought by
Isidore Yves

Purchase Details

Closed on
Jul 20, 1989
Sold by
Menkiti Ifeanyi A
Bought by
Isidor Yves A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldschneider Property $782,500 --
Lajoie Marcel -- --
Altidor Jeannicia $518,000 --
Sun Albin $60,000 --
Federal National Mortgage Association $144,000 --
Isidore Yves $299,000 --
Isidor Yves A $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldschneider Property $767,600
Previous Owner Altidor Jeannicia $492,100
Previous Owner Isidor Yves A $25,000
Previous Owner Isidor Yves A $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $782,500 -17.6% $166 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $950,000 -- $202 / 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 $16,676 $1,528,500 $343,500 $1,185,000
2024 $15,538 $1,477,000 $343,500 $1,133,500
2023 $15,171 $1,467,200 $343,500 $1,123,700
2022 $14,560 $1,430,300 $327,200 $1,103,100
2021 $13,425 $1,317,500 $322,700 $994,800
2020 $12,492 $1,238,100 $310,300 $927,800
2019 $11,368 $1,056,500 $257,500 $799,000
2018 $9,906 $875,900 $205,800 $670,100
2017 $9,846 $843,700 $194,200 $649,500
2016 $7,310 $583,400 $136,400 $447,000
2015 $7,207 $571,500 $135,700 $435,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71817192

MLS Property Information Network (MLS PIN)

APN: SOME-000093-E000000-000007