Seller's Agent in 2024
Katherine Malin
Compass
(781) 799-5981
47 Total Sales
23 Packard Ave Somerville, MA 02144
Estimated Value: $1,657,000 - $1,769,000
8
Beds
4
Baths
3,329
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Home Office
- Somerville High School Rated A-
- Wood Flooring
- 1-minute walk to Lou Ann David Park
About This Home
As of June 202423 Packard Avenue is a significant gambrel-style two-family home, prominently positioned near Tufts University, Teele Square, and Davis Square. With a strong history of great tenants, this property has been a reliable source of income. Inside, you'll find charming natural woodwork, ornate details, and stained-glass windows on the first floor, complemented by high ceilings and hardwood floors throughout. Unit 1 offers a Philadelphia-style layout with 4 beds and 2 baths, while Unit 2 spans the 2nd and 3rd floors and features 4 bedrooms, potential for a 5th bedroom, and two baths. Both units offer front and back porches, as well as eat-in kitchens with dishwashers. The basement features impressively tall ceilings. The property also includes forced air systems with the potential to add central air conditioning, a spacious backyard, and parking for up to 3 cars. Updates include vinyl siding, composite decking, and a newer roof (5-7 years). See group showing times.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,223
Year Built
- Built in 1886
Lot Details
- 3,654 Sq Ft Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,329 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Living Room
- Dining Room
- Home Office
- Unfinished Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $9,200
- Assessor Parcel Number 748493
Community Details
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Shops
- Net Operating Income $110,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2013
Sold by
Wei Yingjie and Chen Xiaohong
Bought by
Yingjie Wei and Yingjie Jane X
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2012
Sold by
Yingjie and Yingjie Jane X
Bought by
Wei Yingjie and Chen Xiaohong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,400
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2012
Sold by
Wei Yingjie and Chen Jane X
Bought by
Yingjie Wei T and Yingjie Wei
Purchase Details
Closed on
Sep 13, 2011
Sold by
Wei Yingjie and Chen Jane X
Bought by
Yingjei Wei and Yingjei Jane Che
Purchase Details
Closed on
Dec 20, 2010
Sold by
Wei Tr Yingjie and Chen Jane Xiaohong
Bought by
Wei Yingjie and Chen Jane
Purchase Details
Closed on
Jul 7, 2010
Sold by
Wei Yingjie and Chen Jane
Bought by
Chen Tr Jane and Wei Yingjie
Purchase Details
Closed on
Jul 2, 2010
Sold by
Wei Tr Yingjie and Chen Jane Xiaohong
Bought by
Wei Yingjie and Chen Jane
Purchase Details
Closed on
May 11, 2007
Sold by
Chen Xiaohong and Wei Yingjie
Bought by
Xiaohong Tr Jane and Wei Yingjie
Purchase Details
Closed on
Oct 1, 1999
Sold by
Daley Lawrence P
Bought by
Chen Xiaochong and Wei Yingjie
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 |
|---|---|---|---|
| Yingjie Wei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Yingjie Wei T | -- | -- | |
| Wei Yingjie | -- | -- | |
| Yingjei Wei | -- | -- | |
| Wei Yingjei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Tr Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Chen Tr Jane | -- | -- | |
| Chen Tr Jane | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Xiaohong Tr Jane | -- | -- | |
| Xiaohong Tr Jane | -- | -- | |
| Chen Xiaochong | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tan Dazhi | $1,200,000 | |
| Closed | Tan Dazhi | $1,190,000 | |
| Closed | Wei Yingjie | $385,000 | |
| Previous Owner | Wei Yingjie | $387,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $1,700,000 | +6.3% | $511 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $1,599,900 | -- | $481 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,878 | $1,363,700 | $707,100 | $656,600 |
| 2024 | $14,223 | $1,352,000 | $707,100 | $644,900 |
| 2023 | $13,520 | $1,307,500 | $707,100 | $600,400 |
| 2022 | $12,729 | $1,250,400 | $673,400 | $577,000 |
| 2021 | $12,364 | $1,213,300 | $668,500 | $544,800 |
| 2020 | $11,921 | $1,181,500 | $668,900 | $512,600 |
| 2019 | $11,279 | $1,048,200 | $608,900 | $439,300 |
| 2018 | $10,378 | $917,600 | $553,600 | $364,000 |
| 2017 | $9,902 | $848,500 | $522,300 | $326,200 |
| 2016 | $9,565 | $763,400 | $466,400 | $297,000 |
| 2015 | $9,144 | $725,100 | $430,700 | $294,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Michael Cohen
Compass
(617) 852-1160
56 Total Sales
-
Buyer's Agent in 2024
Ning Sun
United Real Estate, LLC
(781) 386-7257
249 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73218695
APN: SOME-000011-D000000-000028
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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