T
Seller's Agent in 2014
Tony Bevilacqua
929 Real Estate.com/Cambridge Real Estate Associates.com
(617) 908-6430
2 Total Sales
23 Madison St Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,395,000 - $1,684,051
5
Beds
3
Baths
3,074
Sq Ft
$519/Sq Ft
Est. Value
About This Home
As of July 2014Fantastic opportunity to buy a unique three family home located in desirable Somerville. Very well maintained income property located on a quiet residential street close to shops, restaurants and public transportation. Off street parking for 3 cars tandem, deck and patio area in back. With your finishing touches, there is great potential for the owner occupant, condo developer, or investor. New furnace and boiler, vinyl siding and new energy efficient windows. Don't miss a rare opportunity to buy a multi-family, income-generating property in a sought after location close to the newly revitalized Assembly Square!
Last Agent to Sell the Property
929 Real Estate.com/Cambridge Real Estate Associates.com Listed on: 03/25/2014
Last Buyer's Agent
BRETT NEUMEISTER
Neumeister Realty, LLC
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, City View(s)
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 13
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
- Energy: Insulated Windows, Insulated Doors
- Flooring: Wood
- Basement: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles, Asphalt/Composition Shingles
- Frontage: 50.00
- Construction: Frame, Stone/Concrete
- Exterior: Vinyl
- Exterior Features: Porch, Deck, Patio, Balcony, Gutters, Fenced Yard
- Foundation: Concrete Block, Fieldstone
Garage/Parking
- Parking: Off-Street, On Street Permit, Paved Driveway
- Parking Spaces: 4
Utilities
- Heat Zones: 3
- Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2014
Closed on
Jul 31, 2014
Sold by
Ferreira Joao and Ferreira Maria
Bought by
Zhang Liwen
Seller's Agent
Tony Bevilacqua
929 Real Estate.com/Cambridge Real Estate Associates.com
Buyer's Agent
BRETT NEUMEISTER
Neumeister Realty, LLC
List Price
$869,000
Sold Price
$840,000
Premium/Discount to List
-$29,000
-3.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,013
Avg. Annual Appreciation
5.74%
Original Mortgage
$340,000
Outstanding Balance
$246,449
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,349,564
Purchase Details
Closed on
Mar 30, 1995
Sold by
Driscoll James P
Bought by
Ferreira Joao and Ferreira Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Liwen | $840,000 | -- | |
| Ferreira Joao | $167,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Liwen | $340,000 | |
| Previous Owner | Ferreira Joao | $158,650 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2014 07/31/14 | Sold | $840,000 | -3.3% | $273 / Sq Ft |
| 07/01/2014 07/01/14 | Pending | -- | -- | -- |
| 03/25/2014 03/25/14 | For Sale | $869,000 | -- | $283 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $13,017 | $1,193,100 | $447,000 | $746,100 |
| 2024 | $12,210 | $1,160,600 | $447,000 | $713,600 |
| 2023 | $11,932 | $1,154,000 | $447,000 | $707,000 |
| 2022 | $11,399 | $1,119,700 | $425,700 | $694,000 |
| 2021 | $10,889 | $1,068,600 | $405,400 | $663,200 |
| 2020 | $10,174 | $1,008,300 | $389,800 | $618,500 |
| 2019 | $9,378 | $871,600 | $339,000 | $532,600 |
| 2018 | $8,538 | $754,900 | $308,200 | $446,700 |
| 2017 | $8,444 | $723,600 | $290,700 | $432,900 |
| 2016 | $8,455 | $674,800 | $265,900 | $408,900 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Bevilacqua
-
B
Buyer's Agent in 2014
BRETT NEUMEISTER
Neumeister Realty, LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71649773
APN: SOME-000050-E000000-000029
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.
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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