Seller's Agent in 2024
Katherine Malin
Compass
(781) 799-5981
3 in this area
41 Total Sales
23 Packard Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,386,000 - $1,714,324
8
Beds
4
Baths
3,329
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit and schools
- 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
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
Additional Features
- 3,654 Sq Ft Lot
- Property is near public transit and 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2013
Sold by
Bought by
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
Outstanding Balance
$269,170
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,294,161
Purchase Details
Closed on
Sep 13, 2012
Sold by
Bought by
Purchase Details
Closed on
Mar 14, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 2011
Sold by
Bought by
Purchase Details
Closed on
Dec 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 2, 2010
Sold by
Bought by
Purchase Details
Closed on
May 11, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 1, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
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| $340,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $385,000 | ||
| Closed | $385,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Katherine Malin
-
Michael Cohen
Seller Co-Listing Agent in 2024
Michael Cohen
Compass
(617) 852-1160
5 in this area
50 Total Sales
-
Ning Sun
Buyer's Agent in 2024
Ning Sun
United Real Estate, LLC
(781) 386-7257
2 in this area
242 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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