NOT LISTED FOR SALE

Estimated Value: $1,078,429 - $1,253,000

6 Beds
3 Baths
2,549 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,030,000 $404 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,979/month

9 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Tennis Courts
  • Somerville High School Rated A-
  • Wood Flooring
  • 4-minute walk to Perkins Playground

About This Home

As of February 2024

***All offers due by 12:00pm Tuesday (11/14/23)*** Lowest priced 3-family on the market in Somerville! Just 0.4 miles away from Sullivan Sq., and 0.6 miles from Assembly, this optimally positioned property is poised to generate competitive rents on a year-to-year basis. Units are in need of some TLC but each offers a flexible floorplan on a single level of the house. Both gas and electricity are separately metered throughout, with three furnaces, three 100-amp electrical panels and a common panel for the stairwells and basement. A 3-car driveway is situated along the right-hand-side of the house, along with an abundance of permit parking (dead-end street with spots on both sides). Property can be delivered vacant but any offer must be contingent upon the seller finding suitable housing.

Last Agent to Sell the Property

Joe Danisch

Coelho Realty Group LLC Listed on: 11/06/2023

Last Buyer's Agent

Dinghong Mei

Venture

Venture

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,010

Year Built

  • Built in 1900

Lot Details

  • 2,075 Sq Ft Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,549 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 760807

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,010

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Living Area: 2549
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4865
  • LIST PRICE PER Sq Ft: 411.93
  • PRICE PER Sq Ft: 404.08
  • MAIN SO: AN8181

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public, Dead End
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 760807
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2075
  • Lot Size Units: Acres
  • PAGE: 57
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8010
  • Tax Book Number: 27213

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2003
Sold by
Sousa Jose C
Bought by
Sousa Matilde and Sousa Jose C
Current Estimated Value
$1,179,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Outstanding Balance
$53,636
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,125,471

Purchase Details

Closed on
Apr 15, 1997
Sold by
Sritharan T T and Sritharan Meenach
Bought by
Sousa Jose C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.55%
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
Sousa Matilde -- --
Sousa Jose C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sousa Matilde $122,000
Previous Owner Sousa Jose C $101,000
Previous Owner Sousa Jose C $78,000
Closed Sousa Jose C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $1,030,000 -1.9% $404 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,050,000 -- $412 / 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 $8,721 $799,400 $327,200 $472,200
2024 $8,194 $778,900 $327,200 $451,700
2023 $8,010 $774,700 $327,200 $447,500
2022 $7,644 $750,900 $311,600 $439,300
2021 $7,170 $703,600 $307,400 $396,200
2020 $6,711 $665,100 $295,600 $369,500
2019 $6,062 $563,400 $245,200 $318,200
2018 $5,235 $462,900 $196,000 $266,900
2017 $5,178 $443,700 $185,000 $258,700
2016 $4,689 $374,200 $129,900 $244,300
2015 $4,953 $392,800 $129,200 $263,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73177775

MLS Property Information Network (MLS PIN)

APN: SOME-000102-A000000-000004